Optimism is running high among supporters of XRP as Canary Capital CEO Steve McClurg claimed that the long-awaited XRP spot ETFs could see inflows of $5 billion in their first month. His comments, shared during a Friday interview, highlighted his belief that the funds would even outperform Ethereum ETFs, which have so far struggled to attract money from institutional investors. Ethereum ETFs Struggle While XRP Builds Optimism Bitcoin’s debut in the ETF market brought in $1.5 billion in net inflows in January 2024, according to Sosovaliue data. By February 12,…
Tag: Launch
Chinese Real Estate Giant Seazen Group to Launch NFTs, Issue Tokenized Private Debt
Key Notes Seazen creates Digital Assets Institute under Vice Chairman Wang Yifen to issue tokenized bonds and debt instruments. Company plans NFT tokenization of Wuyue Plaza shopping centers as part of broader real world asset digitization strategy. Initiative capitalizes on Hong Kong’s progressive crypto stance while China reportedly considers yuan-backed stablecoin development. Seazen Group, one of China’s largest real estate and investment firms, has announced its intent to raise funds through the creation of tokenized real world assets (RWAs) amid the shifting Chinese crypto landscape. According to an Aug. 29…
Expert’s Price Prediction Ahead Of Sept. 1 Launch
World Liberty Financial, a decentralized finance (DeFi) platform with backing from President Donald Trump and his family, is poised to launch its native token, WLFI, on September 1. Expert Predicts $1 Price Target As WLFI prepares to launch, the token will be available for trading on major platforms. Binance, the world’s largest cryptocurrency exchange by trading volume, already offers WLFI futures, which currently price the token at $0.2656, according to Binance’s futures data. The World Liberty Financial presale structure indicates that 20% of the tokens will be liquid, while the…
Animoca, Antler’s Ibex Launch Fund to Tokenize Japan’s IP
Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain. The announcement was made on Tuesday at the WebX conference in Tokyo, Animoca Brands revealed in a post on X. Animoca’s co-founder and chairman, Yat Siu, senior adviser Keyvan Peymani, and Ibex Japan partner Sandeep Casi outlined the project during the conference, according to a report by Japanese crypto news outlet CoinPost. Per the report, Casi noted that “90%…
YZi Labs-Supported B Strategy to Launch $1B BNB Treasury Company
B Strategy, a digital asset investment firm founded by former Bitmain executives, plans to launch a $1 billion crypto treasury focused on investing in BNB, the native token of the Binance ecosystem. According to a Monday announcement, the new BNB (BNB) treasury is backed by YZi Labs, the family office of Binance co-founder Changpeng Zhao. The new company will be structured similarly to 10X Capital, which recently launched a BNB treasury with YZi Labs’ support, a spokesperson for B Strategy told Cointelegraph. To fund its crypto treasury, 10X Capital raised…
Kanye West Memecoin Launch Leaves 60% Of Investors In Red
Amid the controversial launch of Kanye West’s official memecoin on Solana, the crypto community has sounded the alarm for another potential celebrity token scam, with insider trading allegations outshining Ye’s party. Related Reading The Rise And Fall Of YZY On Wednesday night, controversial Hip-Hop artist and public figure Ye, better known as Kanye West, launched his official memecoin, YZY, on the Solana blockchain. West announced the token in his X account, posting the contract address (CA) in a picture with the caption “YEEZY MONEY IS HERE. A NEW ECONOMY, BUILT…
Starknet to launch Bitcoin staking after SNIP-31 vote passes
Starknet is set to introduce Bitcoin staking after its community ratified Starknet Improvement Proposal 31. Summary Starknet approved SNIP-31 on August 21, enabling Bitcoin staking and governance rights. BTC gets up to 25% staking power, while STRK keeps majority control. The update expands BTC DeFi on Starknet, but STRK fell 6.2% after. Starknet (STRK) will introduce Bitcoin (BTC) staking to its Layer 2 network following the ratification of SNIP-31 on Aug. 21. The proposal outlines a framework for Bitcoin holders to stake tokenized assets on Starknet and take part in…
MetaMask to Launch mUSD Stablecoin on Ethereum and Linea in 2025
MetaMask, the self-custodial crypto wallet owned by Consensys, said Thursday it will launch a dollar-backed stablecoin called MetaMask USD (mUSD). MetaMask said on Thursday that the stablecoin will be issued by Bridge, an issuance and orchestration platform for stablecoins that was acquired by the payments platform Stripe, and will be powered by the liquidity platform M0. MUSD will be integrated into the MetaMask wallet, allowing use of the stablecoin across Web3 applications. MetaMask said the stablecoin is designed for cross-chain use through M0’s liquidity network. The stablecoin will debut later…
TRM Labs and Crypto Giants Launch Beacon Network to Combat Crypto Crime
TRM Labs and the world’s largest exchanges, including Coinbase and Binance, have launched the Beacon Network, an initiative that seeks to combat onchain crypto crime and prevent the illicit movement of funds through offramps to the fiat ecosystem. TRM Labs Launches Beacon Network, Targets Crypto Crime Crypto-based crime is becoming a problem, and exchanges and […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Wyoming Becomes First US State to Launch Its Own Stablecoin: What’s Next?
Key Notes FRNT token launches with 1:1 USD backing and mandatory 2% overcollateralization across seven blockchain networks. Public trading begins through Kraken exchange during early access period following regulatory clearance processes. Wyoming’s crypto-friendly regulations attract major exchanges while global stablecoin adoption accelerates significantly. Wyoming, nicknamed the “Equality State,” has become the first US state or territory to launch its own government-backed stablecoin with the deployment of the Frontier Stable Token (FRNT) mainnet on Aug. 19. According to a press bulletin from Wyoming Governor Mark Gordon, the FRNT token’s mainnet is…