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The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan. Go to Source
The first Bitcoin ETF on Australia’s main stock exchange traded 96,476 shares throughout the day. Go to Source
Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC), the first Bitcoin exchange-traded-fund on the Australian Securities Exchange (ASX). Set to commence trading on June 20, 2024, the ETF is touted as the most cost-effective Bitcoin fund exposure in Australia. Arian Neiron, Vaneck’s CEO for the Asia-Pacific region, emphasized … Read more
The tokenized asset would need to be “appropriately backed” but could “absolutely” be listed in the future, said ASX chief information officer Dan Chesterman. Go to Source Powered by WPeMatico
While young Australians are more interested in crypto, it’s the 25 to 49 year-olds who own the most. Go to Source Powered by WPeMatico
The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized. Go to Source Powered by WPeMatico
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million. Go to Source Powered by WPeMatico
“There’s a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall. Go to Source Powered by WPeMatico
Australians will soon have five options for cryptocurrency exchange-traded funds as the delayed funds from Cosmos and 21Shares launch this week along with 3iQ’s in the future. Go to Source Powered by WPeMatico
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms. Go to Source Powered by WPeMatico