Tag: Launch

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services, payments, and artificial intelligence.  Idle capital will be deployed into Avalanche (AVAX) real-world asset (RWA) products, including tokenized money market funds, VanEck said. The fund will be managed by the team behind VanEck’s Digital…

Sangha raises $14m to launch solar-powered Bitcoin mine in Texas

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Sangha Renewables has raised $14 million in equity funding for its flagship 19.9-megawatt Bitcoin mining project in West Texas.  The facility, developed alongside a major independent power producer, will operate directly on a solar energy site and is expected to go live in Q3 2025, according to a company release.  The project is designed to convert underutilized renewable energy into Bitcoin (BTC) via a vertically integrated model.  According to Sangha, investors contribute capital—either in fiat or Bitcoin—to help build the site and, in return, receive streaming payouts in Bitcoin well…

Abu Dhabi’s Bold Technologies to launch $2.5B AI infrastructure initiative

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Abu Dhabi-based Bold Technologies, a subsidiary of conglomerate Bold Holdings, has partnered with international artificial intelligence company My Aion to launch a $2.5 billion smart-city initiative aimed at transforming urban infrastructure through AI. The companies announced the development of a platform called Aion Sentia Cognitive City, which manages complex urban systems. The platform will be powered by Maia, an AI core engine developed by My Aion, and aims to optimize and manage systems across mobility, energy, education, healthcare and digital services.  My Aion CEO Daniele Marinelli said the AI will…

Crypto.com secures EU license to launch crypto financial derivatives

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Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now look forward to providing customers across the region even more ways to engage with our platform through these new offerings,” said Crypto.com’s co-founder and CEO, Kris Marszalek. Source: Crypto.com The announcement followed Crypto.com receiving in-principle…

XRP Futures Launch With $1.5M Volume — Will XRP Hit $3?

Key Notes CME saw four standard XRP contracts traded, totaling $480K at around $2.40. An additional 106 micro contracts added over $1 million to the opening day volume. XRP is currently trading at $2.37, up more than 3% in the last 24 hours. XRP futures began trading on the CME Group’s derivatives platform on May 19, marking a major milestone for the cryptocurrency’s mainstream adoption. The first day of trading saw at least $1.5 million in total volume. According to CME data, four standard XRP contracts, each representing 50,000 tokens,…

Crypto.com, Canary launch CRO fund in US

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Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a regulated fund wrapper, Crypto.com said, adding that the trust is not an exchange-traded fund (ETF) and is only available to accredited investors.  Creating regulated funds such as CRO Trust is part of Crypto.com’s plan for “further mainstreaming crypto,” Eric Anziani, president and chief operating officer of Crypto.com, said…

Lightchain AI Mainnet Launch in July to Introduce Decentralized AI Marketplace

This content is provided by a sponsor. Lightchain AI, a pioneering blockchain project integrating artificial intelligence, has announced the official launch of its mainnet in July 2025. This milestone will introduce a decentralized AI marketplace, enabling creators and companies to leverage the Lightchain Protocol’s Global Model, known as the Artificial Intelligence Virtual Machine (AIVM). Join […] Source CryptoX Portal

Solv, Avalanche and Elixir Launch Real-World Yield for Bitcoin

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Solv, Avalanche, and a consortium of DeFi protocols have launched SolvBTC.AVAX, the first institutional-grade bitcoin yield vault backed by real-world assets. The move aims to activate idle BTC by offering onchain, composable yield through tokenized U.S. Treasuries and structured DeFi strategies. First Institutional-Grade BTC Yield Vault Launches on Avalanche In a landmark step for bitcoin […] Original

VanEck to launch its first RWA tokenization fund

Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms entering the RWA tokenization space. The fund, called VBILL, will be initially available on Avalanche, BNB Chain, Ethereum and Solana blockchains, VanEck said in a May 13 statement. The fund’s minimum subscriptions start at $100,000 for investments running on Avalanche, BNB Chain, and Solana, while the minimum subscription on Ethereum is $1 million.…