Tag: Launches

$11,500,000,000,000 BlackRock Launches Bitcoin (BTC) Exchange-Traded Product in Europe: Report

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BlackRock, the world’s largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germany’s Xetra exchange, offering institutional and retail investors regulated exposure to Bitcoin’s price performance. The product is physically backed by Bitcoin and secured through Coinbase Custody International Ltd., according to the report. Manuela Sperandeo, BlackRock’s head of Europe & Middle East iShares Product, characterized the launch as a significant industry milestone. “It reflects what really…

Trump’s crypto project launches stablecoin on BNB Chain, Ethereum

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The Donald Trump-backed crypto venture World Liberty Financial launched a US dollar-pegged stablecoin with a total supply of more than $3.5 million. According to data from Etherscan and BscScan, the project launched the World Liberty Financial USD (USD1) token in early March. Former Binance CEO Changpeng “CZ” Zhao noted the project’s smart contract was deployed on the BNB Chain and Ethereum, while World Liberty said the stablecoin was “not currently tradeable.” The USD1 stablecoin launch comes as US lawmakers consider passing the Guiding and Establishing National Innovation for US Stablecoins,…

DWF Labs launches $250M fund for mainstream crypto adoption

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Dubai-based crypto market maker and investor DWF Labs has launched a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies. DWF Labs is set to sign two significant investment deals worth $25 million and $10 million as part of the fund. The initiative aims to grow the crypto landscape by offering strategic investments ranging from $10 million to $50 million for projects that have the potential to drive real-world adoption, according to a March 24 announcement shared…

Pump.fun launches own DEX, drops Raydium

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Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins.  Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post.  Previously, bonded Pump.fun tokens migrated to Raydium, which emerged as Solana’s most popular DEX largely thanks to memecoins trading activity.  According to Pump.fun, PumpSwap “functions similarly to Raydium V4 & Uniswap V2” and is designed “to create the most frictionless environment for trading coins.”…

Coinbase launches Verified Pools for secure on-chain trading

Coinbase has unveiled a new liquidity solution called Verified Pools which aims to make on-chain trading safer and more transparent for institutional and retail users. The feature, which was announced on Mar. 18, lowers counterparty risks while preserving decentralization by combining identity verification with liquidity pools. Decentralized finance has made it possible for users to trade assets without the need for middlemen, but because fund providers are anonymous, liquidity pools have often been risky. To solve this, Verified Pools requires users to link their Coinbase Wallet, Prime Onchain Wallet, or…

Crypto Market Maker Keyrock Launches U.S. Entity as Regulatory Climate Set to Improve

Cryptocurrency market maker Keyrock is launching a new entity in the U.S. and opening an office in New York, the company said in a press release on Tuesday. Robert Valdes-Rodriguez, Keyrock’s chief commercial officer, will lead the development of the New York business, the company said. Valdes-Rodriguez has more than 25 years of experience in senior management roles at traditional finance institutions including ABN AMRO, Scotiabank and Credit Agricole. Improving regulatory clarity in the U.S. under President Donald Trump’s new administration is expected to lead to a boom in digital…

Secret Service Launches Operation Targeting Alleged Money Laundering Crypto Exchange

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The U.S. Secret Service is targeting the masterminds behind the Russian crypto exchange Garantex for their role in an alleged money laundering operation. In a press release, the Secret Service says it is going after Garantex for allegedly facilitating the transaction of hundreds of millions of dollars in criminal proceeds, some of which was used to engage in illicit activities including drug trafficking, hacking and terrorist financing. According to authorities, the crypto exchange’s operators – Russian national Aleksandr Mira Serda and Lithuanian national Aleksej Besciokov – knew that the platform…

REX launches ETF for Bitcoin corporate treasury bonds

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REX Shares has launched the REX Bitcoin Corporate Treasury Convertible Bond ETF. This will be a fund that invests in convertible bonds issued by companies that hold Bitcoin (BTC) in their corporate treasury, according to a company release. Convertible bonds are a type of debt that can be converted into company shares under certain conditions. Some companies use these bonds to raise money and buy Bitcoin for their balance sheets. The strategy gained attention after Michael Saylor, now Chairman of Strategy (formerly MicroStrategy), used it to accumulate Bitcoin. BMAX simplifies…

REX Shares launches first-ever Bitcoin corporate treasury convertible bond ETF

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REX Shares has launched a new, first of its kind exchange-traded fund focused on convertible bonds from companies incorporating Bitcoin into their treasury. REX Shares, an asset management firm specializing in investment products and funds, has just launched Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF, which allows retail investors to invest in convertible bonds issued by companies that are buying Bitcoin (BTC) for their corporate treasuries (like Michael Saylor’s Strategy). “Until now, these bonds have been difficult for individual investors to reach. BMAX removes those barriers, making it easier to…