Tag: Launch

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…

BBVA to Launch Retail Crypto Trading in Singapore: Details

Key Notes BBVA is currently the first EMEA bank to adopt SGX FX’s crypto trading infrastructure. It is pushing to have crypto trading services for Bitcoin and Ethereum for retail clients. BBVA has existing partnerships with Ripple and Binance. European financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has inked a strategic partnership with SGX FX in Singapore to launch retail cryptocurrency trading. This suggests that retail clients will have unlimited access to top digital assets like Bitcoin BTC $119 065 24h volatility: 2.0% Market cap: $2.37 T Vol. 24h: $65.71…

SWIFT Is Planning To Launch Its Own Blockchain Amid Trillion-Dollar Battle, But It’s Not With Ripple

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SWIFT, the global network that handles most of the world’s cross-border payments, is preparing to launch its own blockchain as rumors about an ongoing payments battle with Ripple circulate. While many often compare SWIFT’s role to Ripple due to its XRP-linked payment solutions, this new plan is not a direct challenge to the fintech company, but rather part of a much larger trillion-dollar race to define the future of digital money. SWIFT Partners With Consensys To Build Blockchain Network According to the announcement, SWIFT is collaborating with Consensys, the Ethereum…

Donald Trump Jr. Supports USD1 Stablecoin Launch on Aptos

Key Notes World Liberty Financial, co-founded by Donald Trump Jr., will launch its USD1 stablecoin on the Aptos network. The integration will receive support from major wallets, exchanges, and DeFi protocols on the network. Aptos highlights its speed and low fees as key factors for the partnership, expanding its $1 billion stablecoin ecosystem. World Liberty Financial, the crypto project co-founded by Donald Trump Jr., is expanding its reach by launching its USD1 stablecoin on the Aptos APT $4.58 24h volatility: 8.9% Market cap: $3.22 B Vol. 24h: $795.22 M blockchain.…

Stripe Tool Lets Companies Launch Custom Stablecoins

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Global payments firm Stripe is deepening its crypto offerings with a tool it says will allow any business to launch and manage their own stablecoin “with just a few lines of code.” The tool, called “Open Issuance,” will allow businesses to “mint and burn coins freely, and customize their reserves to manage the ratio between cash and treasuries and choose their preferred partners,” Stripe said on Tuesday. The service, one of more than 40 offerings Stripe announced this week, will be backed by Bridge — a stablecoin infrastructure company Stripe…

Sonic Rises 7% on $25M Ecosystem Fund Launch

Key Notes CMCC Global announces “Resonance,” a $25 million Sonic ecosystem fund. Sonic (S) gained over $50 million in market cap in the past 24 hours. Trading volume jumps 70% to $126 million amid investor optimism. On Sept. 30, the Sonic (S) token recorded a strong 7% price surge, adding more than $50 million to its market capitalization in just one day. The rally comes as venture capital firm, CMCC Global, launched a $25 million fund designed to accelerate growth in the Sonic ecosystem. The fund, called “Resonance,” targets innovative…

Tuttle’s Government Grift ETF Could Launch This Week

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An exchange-traded fund tracking the trading activity of American politicians and individuals and companies with close ties to the US president could launch as soon as Friday, according to an analyst.  Tuttle Capital Government Grift ETF (GRFT) was first proposed by Tuttle Capital Management earlier this year.  Bloomberg ETF analyst Eric Balchunas noted that GRFT could launch as early as Friday, as the Securities and Exchange Commission on Monday set Oct. 3 as the date that Tuttle’s S-1 registration statement will become effective. The ETF scans STOCK Act transaction reports…

Swift, Consensys Launch Blockchain Payments with 30+ Banks

Key Notes Swift is adding a blockchain-based shared ledger to its network, developed in partnership with Consensys, to handle tokenized asset transfers. The project involves a massive industry coalition, with over 30 financial institutions like JPMorgan and HSBC contributing to its design. The new platform aims to enable instant, 24/7 cross-border payments. It is part of Swift’s dual strategy for upgrading financial infrastructure. Global financial messaging network Swift announced on Sept. 29 that it is developing a blockchain-based shared ledger to handle cross-border transactions. The initiative, revealed at the annual…