Tag: Launches

Tether Launches USAT Stablecoin for US Market Under Former White House Crypto Czar Bo Hines

Key Notes Former White House Crypto Council Executive Director Bo Hines will lead the new US-regulated stablecoin initiative. USAT will be fully dollar-backed and issued through Anchorage Digital with Cantor Fitzgerald as reserve custodian. Tether’s existing USDT dominates the market with nearly 500 million users and $169.5 billion market capitalization. Tether is launching a new stablecoin called “USAT” that will be “purpose-built to serve the U.S. market and support American regulatory standards” under the leadership of Bo Hines, the former Executive Director of the White House Crypto Council. Hines joined…

Kraken Launches ‘Perps’ Product to Tap Into $515B Perpetual Crypto Futures Market

Key Notes The perpetual trading platform operates without expiry dates and can be accessed by eligible traders in undisclosed markets. Strategic product launches including xStocks aim to strengthen Kraken’s position before its planned 2026 IPO fundraising efforts. Previous IPO attempts in 2021-2022 were delayed, with founder Jesse Powell cleared of FBI investigation charges in 2023. Kraken, a US-based cryptocurrency exchange, announced the launch of its “Perps” perpetuals trading product on Sept. 11, allowing users to invest in cryptocurrency futures by predicting price movements. According to the firm’s official website, Perps…

Figure Launches IPO, Marking a Milestone in Blockchain Integration

Terrill Dicki Sep 11, 2025 11:45 Figure, a leading blockchain firm, has launched its IPO, showcasing the potential of blockchain in capital markets. This move highlights Figure’s innovation in real-world asset tokenization. Figure’s Public Debut on the Stock Market Figure, a prominent player in the blockchain sector, has officially launched its Initial Public Offering (IPO), marking a significant milestone in the integration of blockchain technology with capital markets. This development underscores Figure’s innovative approach to utilizing blockchain for real-world asset tokenization, according…

Japan Launches First Stablecoin Credit Card, Is Best Wallet Next?

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Japan is preparing to launch its first stablecoin credit card. Starting in October 2025, ‘Nudge Card’ will be accepted at over 150M VISA merchants worldwide, while Nudge Corporation will accept the Japanese yen-backed stablecoin $JPYC for repayments. Meanwhile, over in South Korea, e-commerce giant, Coupang, is partnering with Tempo to build blockchain rails for stablecoin adoption These developments in the Asian market reflect the broader global race to adopt crypto and blockchain payment systems. Best Wallet is gearing up with its upcoming Best Card, aiming to make everyday crypto transactions…

ProShares Launches New ETF to Track Coinbase Stock Price

Key Notes ProShares has recognized Coinbase as a core innovator that has its users and investors at heart. It launched the ProShares Ultra COIN (COIA) to track the price of Coinbase stock. Coinbase recently acquired Sensible and hired its founders to fuel its “Everything Exchange” vision. American cryptocurrency exchange Coinbase (COIN) is one of the stocks that ProShares has identified with the capacity to create opportunities for consumers and investors. The firm made a strong statement recently as it rolled out a new Exchange Traded Fund (ETF) to track the…

Cantor Fitzgerald Launches Gold-Backed Bitcoin Fund, Expects Long-Term Outperformance

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Cantor Fitzgerald launches a five-year bitcoin-gold fund designed to capture explosive crypto upside while leveraging gold’s stability to safeguard investor principal from sharp market downturns. New Cantor Fitzgerald Bitcoin-Gold Fund Targets Outperformance Over Five Years Cantor Fitzgerald Asset Management announced on Sept. 8 the creation of the Cantor Fitzgerald Gold Protected Bitcoin Fund L.P., a […] Original

SharpLink Gaming Launches $15M Share Buyback as Stock Trades Below NAV

Key Notes Company executed initial $15 million repurchase of 939,000 shares while maintaining zero debt against $3.6 billion ETH treasury. Stock gained 3.6% in pre-market trading but remains 60% below July peaks despite increased trading volume activity. Management prioritizes buybacks over equity issuance while nearly all Ethereum holdings generate staking revenue for operations. SharpLink Gaming Inc. (Nasdaq: SBET) announced on Tuesday that it has begun executing its $1.5 billion share buyback program by repurchasing approximately 939,000 shares at an average price of $15.98 per share, totaling $15 million in value.…

Vietnam Launches 5-Year Digital Asset Pilot Program With Strict Rules

Key Notes Program restricts participation to Finance Ministry-licensed domestic institutions with minimum $378,500 capital requirement. Foreign investors face 49% shareholding cap while requiring backing from Vietnamese financial institutions for operations. All digital asset transactions must be conducted exclusively in Vietnam dong currency under state market management. Deputy Prime Minister Ho Duc Phuc signed into law a resolution kicking off the pilot implementation of a comprehensive digital asset market pilot program in Vietnam on Sept. 9. The new program is scheduled to run for five years and will place strict requirements…

xMoney Launches New Token on Sui, Old Token UTK Dips Amid Dilution Fears

Key Notes UTK holders face 10-30x dilution as XMN launches with 10 billion supply versus UTK’s 1 billion total tokens. Conversion offers 1:1 rate with six-month lockup or immediate 3:1 rate, creating arbitrage opportunities for traders. Company justifies higher valuation through recent infrastructure investments and global expansion strategy plans. xMoney, a leading Web3 payment startup in Europe, announced on September 5 the launch of a new multipurpose token, XMN, on the Sui blockchain. This, however, raised controversy among UTK investors, who held the until-now official multipurpose token for the platform.…