Grayscale Files for Solana ETF With NYSE Arca Amid Expanding Crypto Offerings

The multi-billion-dollar crypto asset manager has joined the race to launch the first spot solana exchange-traded fund (ETF) in the U.S. Grayscale Becomes Fifth Asset Manager to File for a Solana ETF Crypto asset manager Grayscale is looking to convert its $120 million Grayscale Solana Trust (GSOL) into a spot ETF after U.S. exchange NYSE … Read more

Australian Fortlake Asset Management Taps Chainlink, Backed, and Sonic for Inaugural Fund Tokenization

The three crypto firms are gearing up to tokenize Fortlake’s Sigma Opportunities Fund. Chainlink, Backed, and Sonic To Collaborate With Australian Fortlake for Fund Tokenization Australian investment firm Fortlake Asset Management is seeking to enter the digital asset space by recruiting three crypto firms – Chainlink, Backed, and Sonic (formerly Fantom) – to tokenize its … Read more

Crypto.com Partners With Mastercard to Expand Digital Payments in GCC Region

Crypto.com has announced a strategic partnership with Mastercard, enabling the cryptocurrency platform to issue payment cards directly in the Gulf Cooperation Council (GCC) region, starting with Bahrain. Crypto.com Secures Principal Licence to Issue Mastercard-Powered Cards The collaboration revealed on Dec. 4, grants Crypto.com a principal licence to issue cards on Mastercard’s payment network. This move, … Read more

Ripple Joins the Pledge 1% Movement: A Commitment to Social Impact

Ripple has joined the Pledge 1% movement, an initiative that encourages businesses to give part of their earnings to worthy causes. Leveraging Business Success for Social Good Ripple, the blockchain-based digital payment company that developed the Ripple Protocol, which includes the XRP Ledger (XRPL), has joined the Pledge 1% movement demonstrating its commitment to leveraging … Read more

Coinbase Integrates Apple Pay for Seamless Fiat to Crypto Transactions

Coinbase’s integration of Apple Pay marks another significant step forward in the global adoption of cryptocurrency. New Payment Feature for Coinbase Users Coinbase has announced the addition of a new feature to its Onramp app services with the integration of Apple Pay for fiat-to-crypto transactions. This development is poised to make purchasing cryptocurrencies even more … Read more

Blackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw $353M in Inflows

On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $353M ETF Influx The inflows to spot bitcoin ETFs and ether ETFs … Read more

Recursive Capital Closes Funding Round to Support Bitcoin Companies in Africa

The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s first close on Saturday, Nov. 30. Block Chairman Jack Dorsey, chairman of Fortress Investment … Read more

Boyaa Interactive Becomes Asia’s Top Bitcoin Corporate Holder Through Strategic Ethereum Conversion

Boyaa Interactive has converted $49.48 million worth of ethereum into bitcoin, making it the largest corporate bitcoin holder in Asia. Boyaa Swaps Ethereum for Bitcoin Hong Kong-based online gaming firm Boyaa Interactive International has emerged as the largest corporate bitcoin (BTC) holder in Asia after the company recently converted 14,200 ethereum (ETH) worth approximately $49.48 … Read more

Ripple’s Stablecoin Near Approval, Launch Countdown Underway

Ripple’s stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar. Ripple’s Game-Changing Stablecoin RLUSD Awaits Final Nod by Regulator Ripple is reportedly close to securing approval for its regulated stablecoin, RLUSD, from the New York Department of Financial Services (NYDFS), according to … Read more