Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets

Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies.ย  According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to โ€œstandard DeFi applications.โ€ It will also specialize in institutional-grade offerings that will help bridge traditional finance with DeFi opportunities.ย  The Converge blockchain is announced at the Tokenize NYC conference on March 17. Source: Cointelegraph Converge will launch with…

Kraken to Offer Superfast Trading With the Planned Launch of Colocation Service

Crypto exchange Kraken plans to launch a new colocation service in the coming weeks that will offer clients ultra-low latency trading, the company said in a press release Monday. The service is for customers who need high speed execution, Kraken said, and traders operating out of London can expect latency of under a millisecond. โ€œMany exchanges offer colocation services, but Krakenโ€™s approach is unique โ€“ weโ€™re making it accessible to all partners and clients, not just institutions,โ€ said Shannon Kurtas, head of exchange at Kraken, in the release. Trading is…

Line Partners With Sonyโ€™s Soneium to Launch Blockchain Mini-Apps for 200 Million Users

Line, Japanโ€™s largest social media network, has announced a partnership with Sonyโ€™s recently launched โ€œSoneiumโ€ blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem. Soneium, which has quickly gained traction with [โ€ฆ] Source CryptoX Portal

Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Strengthening Institutional Crypto

The Singapore Exchange (SGX) is set to make a significant entry into the cryptocurrency derivatives market by introducing bitcoin perpetual futures in the second half of 2025, as reported by Bloomberg. This strategic move aims to cater to the rising institutional interest in digital assets, providing a regulated platform for trading. However, the launch is […] Original

Coinbase Derivatives to Launch 24/7 Bitcoin and Ethereum Futures

Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. traders uninterrupted access to risk mitigation tools and market engagement. 24/7 Bitcoin and Ethereum Futures Set to Debut in US Markets These innovative instruments will function […] Original

Coinbase to launch 24/7 BTC, ETH futures in US

Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations. According to Coinbase, much of the current crypto derivatives market takes place outside of US borders, with American traders having to navigate fixed hours and expiring contracts, โ€œwhich can create inefficiencies.โ€ Futures are a type of derivative that involves creating a contract to buy or sell an asset at a certain price and date. When the futures…

Singapore Exchange to Launch BTC Perpetual Futures in 2025

Singapore Exchange Ltd. (SGX) is set to introduce bitcoin (BTC) perpetual futures in the second half of 2025, marking a significant step for the traditional exchange into the crypto derivatives market, according to a Bloomberg report. These contracts, designed for institutional clients and professional investors, will not be accessible to retail traders. SGX did not immediately respond to CryptoXโ€™s request for comment. SGXโ€™s move aligns with a broader trend among traditional exchanges embracing cryptocurrency derivatives. Japanโ€™s Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, reflecting growing…

Why Bitcoin dropped following the US BTC reserve launch?

On Mar. 7, 2025, crypto investor and Wolf of All Streets podcast host Scott Melker dedicated a huge part of his Wolf Den newsletter to the meaning of the Bitcoin reserve launch and the public reaction to it. Later that day, he added several statements via his X account, explaining the importance of this historic event. The U.S. Strategic Bitcoin Reserve creation Donald Trump promised the launch of the Bitcoin stockpile during his speech in the summer of 2024 at the Nashville Bitcoin conference. Around the same time, Sen. Cynthia…