46 / 110 Relevant items tagged with #Finance

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MANTRA Chain Raises $11M for RWA Tokenization with Middle East Tint

[Mar 19, 2024 6:26 AM]

Stablecoin Project Gyroscope to Conduct Points Program, Launch High-Yield Liquidity Pools

[Mar 19, 2024 6:01 AM] Gyroscope seeks to boost its GYD stablecoin with new products servicing airdrop farmers and yield seekers.

Brevan Howard-Backed Tokenization Firm Libre Goes Live

[Mar 19, 2024 4:00 AM] Libre has added a tokenized version of a BlackRock money-market fund so investors can earn yield while parking their capital.

World's Largest Pension Fund Seeks Information on Bitcoin Under Portfolio Diversification Plan

[Mar 19, 2024 2:45 AM] Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.

Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions

[Mar 19, 2024 2:00 AM] The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

[Mar 19, 2024 1:30 AM] Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum…

Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

[Mar 18, 2024 3:59 PM] Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).

Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

[Mar 18, 2024 3:50 PM] The current CEO Michael will step down “to pursue other opportunities.”

Ether.Fi's Token Falls 20% After Debut

[Mar 18, 2024 6:06 AM] Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round.

Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)

[Mar 17, 2024 8:41 PM] The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets.

$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

[Mar 16, 2024 9:30 PM] Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform…

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

[Mar 16, 2024 3:30 PM] After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios…

Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says

[Mar 15, 2024 7:30 AM] The bank raised its price target for the crypto exchange to $150 from $95.

Binance Spun Off Venture Capital Arm Earlier This Year

[Mar 15, 2024 4:19 AM] Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."

Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Says

[Mar 15, 2024 2:24 AM] There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.

Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck

[Mar 14, 2024 2:43 PM] The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.

Crypto Custody Firm Cordial Systems Names Jump Crypto as Client as It Exits Stealth

[Mar 14, 2024 10:00 AM] Cordial Treasury gives all the software to the customer, not just a bit of a cryptographic key.

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

[Mar 14, 2024 9:58 AM] Notorious North Korean hackers Lazarus Group has returned to sanctioned coin mixing service Tornado Cash to launder $12 million worth of ether {{ETH}}.

Justin Sun Deposits $480M of ETH to Restaking Protocol Ether.Fi

[Mar 14, 2024 9:52 AM] Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.

Crypto for Advisors: The Investment Case of Bitcoin vs. Ether

[Mar 14, 2024 9:45 AM] With the dual tailwind of bitcoin ETF flows and the upcoming halving, is bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make.

Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark

[Mar 14, 2024 7:30 AM] Stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.

Polyhedra Network Closes $20M Round at $1B Valuation

[Mar 14, 2024 6:00 AM]

Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments

[Mar 14, 2024 3:00 AM] The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.

Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

[Mar 13, 2024 3:30 PM] On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing…

Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin

[Mar 13, 2024 3:00 PM] The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.

Derogatory Elizabeth Warren Meme Coin Deleted From Coinbase's Website

[Mar 13, 2024 12:41 PM] Meme coin traders are flocking to a derogatory cryptocurrency that attacks Elizabeth Warren, the Massachusetts senator and prominent crypto critic. Meanwhile, cryptocurrency exchange Coinbase is running awkwardly in the other direction.

Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities

[Mar 13, 2024 11:48 AM] Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said.

Why Diversification Matters for Crypto, Too

[Mar 13, 2024 11:05 AM] The rise of Bitcoin may tempt investors to ask “Why Not 100% Bitcoin?” Here’s why.

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

[Mar 13, 2024 9:00 AM] Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any…

Toncoin Rises 61% in Two Days as Telegram Eyes Potential IPO

[Mar 13, 2024 6:45 AM] While officially separate, Telegram endorsed Ton Network as its blockchain of choice in September.