Tag: Launches

Bybit Launches BYUSDT to Tokenize Staked USDT for Margin Trading

Key Notes The exchange’s new token enables simultaneous yield generation and margin trading, solving the liquidity-versus-returns dilemma. VIP members can swap between BYUSDT and Flexible Easy Earn accounts without fees, with hourly reward accrual and daily distributions. This launch reinforces Bybit’s strategic focus on stablecoin utility expansion following its recent Circle partnership for USDC integration. Dubai-based cryptocurrency exchange Bybit has announced the launch of BYUSDT, a proprietary coin that tokenizes USDT Flexible Easy Earn balances for margin trading while still generating daily yield. The new token allows Bybit VIP account…

Interactive Brokers Launches Stablecoin Funding for Retail Accounts

Key Notes IBKR gradually rolls out stablecoin funding starting with eligible US customers as announced at Goldman Sachs conference. The broker manages $757.5 billion in customer equity across 4.13 million accounts spanning 160 global markets. Stock gains 43.83% year-to-date despite 3.91% decline following announcement amid broader market trends. Interactive Brokers Group Inc. (IBKR: US) has begun allowing retail clients to fund individual brokerage accounts with stablecoins, adding a crypto-native onboarding option alongside traditional bank transfers for its extensive client base. The broker said the capability is being rolled out gradually,…

dYdX Launches Its First Solana Spot Trading Product in US: Will Solana Price Surge?

Key Notes The decentralized exchange expands beyond derivatives after surpassing $1.5 trillion in cumulative volume since launch. Solana faces bearish pressure with $667 million in leverage clustered at the $147 resistance level creating squeeze potential. Short positions dominate at over $1 billion while longs sit at $692 million, limiting near-term rebound prospects for SOL. Dousing the bearish sentiment, dYdX, one of the largest decentralized exchanges, made a major announcement that could further expand Solana SOL $134.9 24h volatility: 4.0% Market cap: $75.70 B Vol. 24h: $6.40 B adoption in the…

Chainalysis Solutions Launches on Amazon Web Services Marketplace

Key Notes Chainalysis deploys its complete suite including Crypto Compliance, Investigations, and Data Solutions on AWS infrastructure. The firm joins AWS ISV Accelerate program after passing rigorous vetting for quality and security standards. AWS Marketplace hosts over one million active users with approximately 100,000 enterprise clients globally. Cryptocurrency analytics and investigations firm Chainalysis has launched its Solutions service suite on the Amazon Web Services Marketplace, making it widely available to AWS clients. The firm has also announced its participation in the AWS ISV Accelerate program, an incentive-based market matchmaking service…

Roxom launches Bitcoin-denominated stock exchange for Bitcoin treasury companies

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Roxom launches the world’s first stock exchange fully denominated and settled in Bitcoin. Summary Roxom launches the first global stock exchange fully denominated and settled in Bitcoin, targeting BTC-treasury equities. The new Roxom platform lets investors trade tokenized Bitcoin Treasury stocks directly in BTC, with a global rollout underway. Roxom expands its BTC-centric ecosystem with a Bitcoin-denominated exchange, media network, and new global derivatives markets. Roxom announced the launch…

Strive launches $500m stock sale to expand Bitcoin treasury, emulate Saylor

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Strive Asset Management launches $500m stock sale to buy more Bitcoin, expand its 7,525 BTC treasury, and fund corporate needs amid MSCI index exclusion debate. Summary Strive Asset Management announced a $500 million preferred stock offering to fund Bitcoin purchases, working capital, share repurchases, and acquisition of income-generating assets. Co-founded by Vivek Ramaswamy, Strive currently holds 7,525 BTC worth approximately $695 million, ranking as the 14th-largest corporate Bitcoin holder globally after pivoting to a Bitcoin treasury strategy via reverse merger earlier this year. The move follows Strive’s public opposition to MSCI’s proposal to…

Strive Launches $500M Stock Sale To Buy More Bitcoin

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Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases. The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.” It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which.  The move…

Stripe Payments Blockchain Tempo Launches Public Testnet

Stripe and Paradigm’s joint blockchain project Tempo has launched its first public testnet, marking a major step forward in launching the official layer-1 blockchain.   According to a Tuesday announcement from Tempo, the open source testnet is now live with anyone being able to “run a node or sync the chain” and test out a range of features.   “Today’s testnet launch kicks off the next phase of Tempo’s development, with a focus on scale, reliability, and integration experience. Over the coming months, we’ll continue onboarding new infrastructure partners, adding new features…

PNC Bank Launches Direct Bitcoin Trading via Coinbase Crypto-as-a-Service

Key Notes PNC Bank partners with Coinbase to enable institutional clients to trade Bitcoin directly through their banking platform. The ninth-largest US bank by assets eliminates the need for customers to maintain separate cryptocurrency exchange accounts. This move reflects growing institutional adoption as traditional banks integrate digital assets into their services. US banking giant PNC Bank has launched direct Bitcoin BTC $94 281 24h volatility: 4.9% Market cap: $1.88 T Vol. 24h: $50.11 B trading for qualified institutional clients, making it the first major US-based banking firm to do so.…

HashKey Launches IPO To Expand Hong Kong Crypto Empire

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HashKey Group, operator of one of Hong Kong’s licensed crypto exchanges, has opened subscriptions for its initial public offering (IPO) ahead of an expected listing next week. HashKey is seeking to raise up to 1.67 billion Hong Kong dollars ($214.7 million) in an IPO that is scheduled to debut on Dec. 17, according to a prospectus filed with the Hong Kong Stock Exchange (HKEX) on Tuesday. The company is offering 240.6 million shares at $0.76–$0.89 each, which would bring HashKey’s valuation to $2.46 billion at the top of the range.…