Tag: Launches

Backpack Exchange Launches Unified Prediction Market Beta

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Backpack, a cryptocurrency exchange founded by former employees of Alameda Research and the defunct FTX, is entering prediction markets with an ambitious plan to unify balances from different types of trading. The exchange has launched private beta testing for its new platform, called the Unified Prediction Portfolio, Backpack CEO Armani Ferrante said in a post on X on Tuesday. “This isn’t yet another wrapper over Kalshi, Polymarket, or any other prediction market platform,” Ferrante wrote, describing the upcoming market as a “native system with everything tokenized and risk profiled, together.”…

Ex-NYC Mayor Eric Adams Launches Controversial Token

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Eric Adams has made his first major public move since leaving the New York City Mayor’s Office, launching a New York City–themed crypto token aimed at addressing anti-semitism and “anti-Americanism.” In a post to X on Monday, Adams announced the launch of the “NYC Token, with a link to a website that says it also aims to inspire the next wave of innovation in NYC. “I always say there are two types of Americans, those who live in New York and those who wish they could,” Adams said in a…

World Liberty Finance Launches WLFI Markets Crypto Lending Platform

Key Notes The platform marks World Liberty’s transition from token development to consumer-facing DeFi services and applications. USD1 stablecoin’s market cap exploded from $128 million to over $3.37 billion within a single year of operations. World Liberty applied for national banking charter while planning mobile app and third-party integrations over 18 months. World Liberty Finance has launched WLFI Markets, a crypto borrowing and lending service powered by the decentralized Dolomite protocol. The new service allows users to lend and borrow in USD1, World Liberty’s dollar-backed stablecoin with support for additional…

BitGo Launches IPO Targeting $1.96B Valuation

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BitGo Holdings, a major cryptocurrency custody company, announced the launch of its initial public offering (IPO) in a filing with the US Securities and Exchange Commission (SEC). In a Form S-1 filed with the SEC, BitGo said the offering will include 11 million shares of Class A common stock issued by the company, along with 821,595 shares offered by existing stockholders. The company announced the launch of the offering on Monday. Based on an expected price range of $15 to $17 per share, the IPO could raise as much as…

BNY Launches Tokenized Bank Deposits for Institutional Clients

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BNY, a financial services company that traces its roots back to one of the oldest financial institutions in the United States, launched tokenized bank deposits for its institutional clients on Friday. Tokenized bank deposits are onchain cash balances or depositor claims against a bank. BNY will issue the tokenized bank deposits on an in-house permissioned blockchain network, according to an announcement from the company. The differences between permissioned and permissionless blockchain networks. Source: Cointelegraph The onchain deposits will be used to support collateral and margin requirements, with additional functionality in…

Nexo Launches Zero-Interest Crypto Loans for Bitcoin and Ether Holders

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Nexo has launched a zero-interest crypto lending product that allows Bitcoin and Ether holders to borrow against their assets through fixed-term loans. According to a company announcement, the product, called Zero-interest Credit, offers fixed-term loans for users who hold Bitcoin (BTC) and ETH (ETH), with repayment conditions set in advance. Loans are settled at maturity and can be repaid using either stablecoins or collateral, depending on market conditions. The offering expands a structured lending model that had previously been available only through Nexo’s private and OTC channels, where it facilitated more…

Tether Launches Scudo for Simplified Gold Transactions on Blockchain

Rebeca Moen Jan 08, 2026 14:11 Tether introduces Scudo, a new unit for Tether Gold (XAU₮), aiming to simplify gold transactions and enhance accessibility in the digital economy. Tether has unveiled Scudo, a novel unit of account for its Tether Gold (XAU₮) token, as announced on January 6, 2026. This initiative aims to reinstate gold as a practical means of payment, making it more accessible amid soaring global interest and record-high prices, according to Tether. Gold’s Rising Prominence In 2025, gold prices…

Binance Launches TradFi Perpetuals Contract for Gold and Silver

Key Notes Binance introduces TradFi perpetual contracts linked to gold and silver, settled in USDT. Contracts trade 24/7 with pricing controls when traditional markets are closed. Products are offered under Abu Dhabi Global Market regulatory oversight. Binance TradFi Perpetuals entered the market this week as the exchange rolled out new futures contracts tied to gold and silver. This product will give users a way to trade traditional assets through crypto-style derivatives. The launch marks Binance’s first step into regulated non-crypto perpetual contracts. Binance TradFi Perpetuals Open Gold and Silver Trading…

Tony Volpon Launches Yield-Sharing BRD Stablecoin

Key Notes BRD joins Crown’s BRLV as a yield-bearing stablecoin backed by Brazilian government bonds. Volpon served as Brazil Central Bank Deputy Governor from 2015-2016 before founding CF Inovação in 2023. Brazil’s new stablecoin regulations take effect February 2, 2026, classifying such transactions as foreign-exchange operations. Former Brazil Central Bank official Tony Volpon announced BRD, a stablecoin pegged to Brazil’s currency that shares interest earned from its government bond reserves with holders. The product enters a market where Brazil’s benchmark Selic interest rate stands at 15%, the highest level since…

Rumble and Tether Launches Crypto Wallet for Digital Creators

Key Notes Rumble Wallet lets creators receive Bitcoin, USDT, and Tether Gold tips directly on the platform. Users keep control of funds while sending crypto without banks or intermediaries. MoonPay enables easy crypto-to-fiat conversions with Apple Pay, PayPal, and credit cards. Rumble has launched a wallet as a built-in crypto payment tool on its video streaming platform. The new wallet allows viewers to support creators directly using digital assets, without banks, ad networks, or outside payment companies. The launch brings digital asset payments into everyday content viewing and grants creators…