Iran Launches Hormuz Safe, Claims $10B Revenue – Bitcoin News

Key Takeaways Iran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue. Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators. The platform covers Persian Gulf and Strait of Hormuz transits, with policy terms and war-damage exclusions still evolving. Fars News Reports Iran Has Launched Hormuz Safe, a Bitcoin-Based Maritime Insurance Platform for Strait of Hormuz Shipping The story started gathering virality on social media Sunday evening after 4 p.m. ET, with users sharing…

Bitwise Launches HYPE-linked Fund as Hyperliquid Interest Grows

Bitwise Asset Management has launched a US-listed investment product tied to Hyperliquid, offering investors spot exposure to the token and staking rewards linked to the decentralized derivatives platform. The fund, trading under the ticker BHYP on the New York Stock Exchange, is the second US-listed Hyperliquid product to launch this week. Bitwise said the fund plans to stake a significant portion of its HYPE (HYPE) holdings through its in-house staking division. Hyperliquid is a decentralized trading-focused layer 1 blockchain launched in 2023 that offers perpetual futures, spot trading and lending…

Oobit Launches Crypto Payments Platform in Colombia

Oobit launched its crypto payments platform in Colombia, expanding the Tether-backed company’s operations across Latin America. The company said Colombia is its ninth live market and follows expansion into countries including Brazil, Argentina and Chile. Chainalysis data cited in the announcement showed the Colombian peso ranked second globally in the share of centralized exchange stablecoin purchases by currency. Oobit operates a non-custodial crypto payments platform that allows users to spend digital assets directly from their wallets through a Visa-linked payment system accepted at more than 150 million merchants across more…

Fidelity International Launches Tokenized Fund With Chainlink Support

Fidelity International, a global asset manager with about $1 trillion in client assets, has launched a tokenized liquidity fund assessed by Moody’s Ratings. The new Fidelity USD Digital Liquidity Fund (FILQ) is issued on blockchain infrastructure linked to Chainlink and was launched through Sygnum Bank’s tokenization platform. According to Sygnum, the fund received a AAA-mf assessment from Moody’s Ratings, a designation used for money market funds that signals strong credit quality and liquidity. “This marks an important milestone in the evolution of capital markets, demonstrating how tokenized liquidity products can…

Is BlackRock Sidelining XRP? New Launches Shift Focus To Another Blockchain

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The world’s largest asset manager, BlackRock, has picked Ethereum over the XRP Ledger (XRPL) as it plans to launch two tokenized money-market funds. These funds will target stablecoin holders as BlackRock continues to expand its crypto offerings.  BlackRock Picks Ethereum Over XRP Ledger For New Funds According to a Bloomberg report, BlackRock has filed with the U.S. SEC to launch two tokenized money market funds. The first fund will be tokenized shares of its BlackRock Select Treasury-Based…

LMAX Group Launches Digital Asset Collateral Solution for Institutions

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto markets. The product allows clients to post digital assets as collateral for spot foreign exchange, precious metals, contracts for difference, perpetual futures and digital assets, the company said Tuesday. Kiosk includes tools for deposits, withdrawals, API credential management, WalletConnect, security controls and treasury management, according to LMAX. The launch is part of LMAX’s broader push…

MoonPay Acquires Dawn Labs, Launches AI Tool in Prediction Markets Push

Financial technology company MoonPay announced the launch of an AI technology tool for trading strategies on prediction markets following its acquisition of Dawn Labs for an undisclosed amount. MoonPay said Monday that it had launched Dawn CLI in an effort to facilitate trading strategies “in plain English,” citing activity on prediction market platforms like Polymarket and Kalshi. Dawn Labs founder Neeraj Prasad said the tool will democratize trading “by general intelligence.” “Prediction markets are one of the fastest-growing categories, attracting a new generation of active traders across platforms like Polymarket…

BNY launches bitcoin and ether custody in Abu Dhabi’s ADGM

BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and tokenized‑asset support. Summary BNY has launched institutional-grade digital asset custody in Abu Dhabi Global Market, initially covering Bitcoin and Ethereum for regional clients. The world’s largest custodian, overseeing $59.4 trillion in assets, plans to extend the platform to stablecoins and tokenized real‑world assets, deepening traditional finance’s regulated crypto footprint in the Gulf. The move is structured through a collaboration with Finstreet Limited and ADI Foundation, embedding digital assets…

DAPPOS launches xBubble: An AI agent that learns and uses AI for you

xBubble allows users to complete specific tasks with simpler prompts by automatically building and dispatching task-specific AI agents. Today, DAPPOS is launching xBubble, a low-prompt AI agent designed for users who want results, not prompt-tuning sessions. With xBubble, users can turn short requests into deliverable work across creating image/video, websites, documents, and scheduled solutions, without testing models, assembling tools, building solutions, or vibe coding skills themselves. xBubble is built around two core systems: Bubble Engine, which generates and tests task-specific SOPs that can be executed by AI agents, and Bubble…

Exodus Launches XO Cash Stablecoin for AI Agent Payments

Crypto wallet provider Exodus has launched XO Cash, a Solana-based stablecoin and software toolkit designed to let AI agents make payments and access services without directly controlling private keys. According to Friday’s announcement, the system, developed with MoonPay, allows developers to create agent-linked wallets, assign spending limits and issue virtual debit cards tied to Visa payment rails. XO Cash integrates with Exodus Pay and includes a software development kit that allows users to fund AI agent wallets using their Exodus Pay balances while maintaining custody of their private keys. Users…