Tag: Launch

Canary’s Litecoin, HBAR ETFs Ready to Launch After Shutdown

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Asset manager Canary Capital appears to be on the cusp of having its Litecoin and HBAR exchange-traded funds (ETF) approved after filing key final details, but they’re unlikely to launch while the US government is shut down. Canary filed amendments to its Litecoin (LTC) and Hedera (HBAR) spot ETFs on Tuesday, which each added a fee of 0.95% and the tickers LTCC and HBR. Bloomberg ETF analyst Eric Balchunas said in an X post on Tuesday that the additions are “typically the last thing updated [before] go-time.” He added that…

S&P Global to Launch Digital Markets 50 Index With 15 Cryptos, 35 Crypto-Related Stocks

Key Notes The benchmark will combine 15 digital currencies with 35 publicly traded crypto company stocks covering infrastructure and blockchain applications. Dinari’s tokenized product aims to provide unified access to US equities and digital assets through blockchain-based dShares platform. Major exchanges including Coinbase and Robinhood expand tokenized securities while TradFi giants like CME and Nasdaq pursue crypto integration. S&P Global, responsible for the S&P 500 and the Dow Jones consolidated indices, has announced the launch of the S&P Digital Markets 50 Index and a potential token tracking the benchmark for…

Gaming giants in talks with Immutable to launch token: Web3 Gamer

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More multibillion-dollar gaming giants to jump into crypto soon: Immutable co-founder Robbie Ferguson spoke to Cointelegraph at Token2049 in Singapore. (Cointelegraph) Gaming giants who once treated crypto like a shady mystery are now stampeding to get in on the action, according to Immutable co-founder Robbie Ferguson. “I can tell you right now, we’re in conversations with multibillion-dollar gaming companies about them launching a token, which we would have been laughed out of those rooms 12 months ago,” Ferguson tells Magazine during a sit-down interview at Token2049 in Singapore. Ferguson says…

Streamex Stock Jumps on Gold-Backed Stablecoin Launch

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Streamex Corp. saw its stock surge over 20% on Monday after announcing a pre-sale for its upcoming gold-backed stablecoin, GLDY. The digital asset, designed to generate an annualized yield of up to 4.0%, will open for qualified investors on or before Nov. 10. The GLDY token offers exposure to physical gold bullion with yield paid in ounces of gold, targeting institutional investors, the company announced on Monday. The stablecoin is part of Streamex’s broader mission to tokenize real-world commodities through digital instruments. “The launch of GLDY represents a major evolution…

India to Launch RBI Digital Currency for Faster, Safer Payments

Key Notes India is planning to launch an RBI-backed digital currency. The initiative aims to ensure transparency and curb illegal transactions. Minister Piyush Goyal says the new system will work like regular money but on blockchain. India is preparing to debut its own digital currency backed by the Reserve Bank of India (RBI) guarantee, like normal currency. The initiative is part of India’s growing focus on integrating blockchain technology into its financial ecosystem. Union Minister of Commerce and Industry Piyush Goyal announced that the move aims to make transactions faster,…

Fasset Approved to Launch Stablecoin-Powered Islamic Digital Bank

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Fasset received a provisional license from Malaysia’s Labuan Financial Services Authority (FSA) to launch what the company said is the first stablecoin-powered “Islamic digital bank.” The license allows Fasset, an all-in-one financial super app, to operate within a regulated sandbox focused on Shariah-compliant financial products, the company said in a Tuesday news release. “We can now combine the credibility of a global banking institution with the innovation of a fintech insurgent that’s fully halal,” Fasset CEO Mohammad Raafi Hossain said. Islamic finance refers to the financial system based on Islamic…

Joseph Lubin Breaks Silence on MetaMask Token Launch

Key Notes Joseph Lubin stated on X that MetaMask incentive rewards were an early prototype. Though yet to go live, he also admitted that the vision behind the is very real. MetaMask had previously launched its stablecoin dubbed MetaMask USD (mUSD). Consensys’ co-founder and CEO Joseph Lubin recently acknowledged the ongoing discussions about a MetaMask incentive reward. However, he clarified that the situation is not exactly as it is being interpreted by members of the community. The crypto boss set the record straight by explaining the true nature of the…

Elon Musk Says Wikipedia Competitor Grokipedia Will Launch in Two Weeks

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Elon Musk has announced that his AI company, xAI, will launch the early beta for its Wikipedia competitor in two weeks, describing the service as the answer to “falsehoods” and “half-truths.” Replying to a post about the upcoming AI-powered “Grokipedia,” Musk said via X on Sunday that “version 0.1 early beta” will be rolled out in two weeks. Elon Musk announced the early beta launch date for Grokipedia. Source: Elon Musk Musk initially announced xAI was building Grokipedia on Sept. 30, stating on X that it “will be a massive…

FLOKI Price Rallies 25% as Investors Bet on BNB Gains and Europe ETP Launch

Key Notes FLOKI price surged 25% to $0.00011, crossing the $1 billion market capitalization milestone. Valour launched Europe’s first FLOKI ETP, marking BNB Chain’s first regulated listing outside BNB. Trading volume spiked 389% to $486M, confirming organic demand. FLOKI price jumped 25% on Saturday, October 4, to $0.00011, lifting its market capitalization above $1 billion for the first time since March. The rally came on the heels of the launch of a new derivatives product, offering regulated exposure to FLOKI. THE FIRST FLOKI ETP GOES LIVE IN EUROPE The first…

RAAC Partners I-ON Digital for $200M Tokenized Gold Launch as RWA Sector Hits $32B TVL

Key Notes Decentralized lending protocol RAAC secures I-ON Digital partnership for initial $200 million tokenized gold issuance. Total value locked across active RWA protocols reaches $16 billion with Securitize leading at $3.16 billion deposits. Robinhood CEO predicts RWA tokenization will eventually transform the entire traditional financial system infrastructure. RAAC, a decentralized Real World Asset (RWA) lending protocol, has announced a key partnership with I-ON Digital Corp (OTCQB:IONI) to issue on-chain traded tokenized gold. The news comes amid Gold price setting multiple new highs in the past week, driven by macro…