Tag: Launches

$70B DeFi Protocol Aave Launches on Aptos Amid Expansion

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Aave, a decentralized finance (DeFi) protocol with $70 billion in net deposits, has launched on Aptos, a layer-1 blockchain founded by former Meta employees. The move may deepen stablecoin and liquid staking token liquidity on the blockchain, two asset classes subject to regulation in 2025. According to an announcement shared with Cointelegraph, Aave will support four coins native to the blockchain at launch: stablecoins USDC (USDC) and USDt (USDT), Aptos (APT), and Ethena Staked USDe (sUSDe). The Aptos Foundation will provide users with rewards and liquidity incentives to promote the…

Nexo Launches AI Tool for Real-Time Crypto Insights and Portfolio Access

Nexo launched its new artificial intelligence (AI)-based a conversational tool designed to deliver real-time crypto insights, personalized portfolio data, and seamless product access. Privacy and Data Sources Nexo, a digital assets wealth platform, announced on Aug. 20 the launch of an artificial intelligence (AI) assistant to offer users a “conversational” experience that combines real-time insights, […] Source CryptoX Portal

New Crypto Advocacy Group Launches With Wyoming Summit

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A group of crypto industry figures has launched a nonprofit lobbying arm to engage US policymakers and the public on digital asset issues. A nonprofit organization headed by significant figures in the cryptocurrency and blockchain industry has launched with the goal of educating policymakers and encouraging public advocacy. On Tuesday, the American Innovation Project (AIP), a 501(c)(3) organization based in Washington, DC, debuted planning to “connect policymakers, industry leaders, and experts to build understanding of emerging technologies,” including AI and blockchain. Kristin Smith, president of the Solana Policy Institute, will…

VCI Global Launches $2.1B Bitcoin-Backed Sovereign Infrastructure Venture

Key Notes The partnership allocates VCI Global a 70% management stake while the partner retains custody of the substantial Bitcoin reserves. QuantVault platform will store the cryptocurrency using hardware encryption and quantum-resistant security measures for institutional protection. VCIG shares surged 17.6% following the announcement despite accumulating 99.98% losses since its April 2023 NASDAQ debut. The company will manage commercialization with a 70% stake, while its partner maintains custody of the Bitcoin reserves. Focus areas include tokenizing real-world assets, offering vault services, and linking encrypted systems with AI computing. According to…

Polkadot Launches Capital Markets Division for TradFi

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Polkadot has launched a capital markets division aimed at bridging traditional finance and its blockchain ecosystem, underscoring the network’s push to attract institutional players as digital assets gain traction. Unveiled on Tuesday, Polkadot Capital Group was created in response to rising institutional demand for digital assets and improving regulatory clarity in the United States. Its mission is to connect traditional finance with Polkadot’s infrastructure, helping institutions explore opportunities in asset management, banking, venture capital, exchanges and over-the-counter trading. The division will showcase practical use cases in decentralized finance, staking and…

Chamath Palihapitiya Launches DeFi and AI SPAC

Key Notes An early Bitcoin investor has filed to raise $250 million in a blank-check company, “American Exceptionalism Acquisition Corp A”. The company will go live on the NYSE under the ticker AEXA and focus on AI and DeFi. Social Capital managing partner Steven Trieu will lead the SPAC as CEO while Palihapitiya serves as chairman. Chamath Palihapitiya, a billionaire and an early Bitcoin BTC $115 534 24h volatility: 0.4% Market cap: $2.30 T Vol. 24h: $37.33 B investor, has filed with the appropriate authorities to raise $250 million in…

Wyoming Launches First State-Issued Stablecoin FRNT

The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, announced the mainnet launch of the Frontier Stable Token (FRNT) stablecoin. The FRNT stablecoin is a fully-collateralized digital token backed by short-duration US Treasury bills and US dollars, with a statutorily mandated 102% reserve requirement, the commission said in an announcement on Tuesday. According to CryptoAmerica host Eleanor Terrett, the FRNT is now live on seven blockchains, including Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base. “However, due to lingering regulatory hurdles, the token…

China Merchants Bank Subsidiary Launches Licensed Crypto Exchange in Hong Kong

Key Notes CMB International received official licenses from Hong Kong’s Securities and Futures Commission in July for compliant trading. The exchange offers Bitcoin, Ethereum, and USDT trading exclusively through its mobile app in Hong Kong territory. China Merchants Bank ranks among the world’s top 25 banks with over $18 billion in assets under management. CMB International, a subsidiary of China Merchants Bank, launched an officially licensed, bank-affiliated cryptocurrency exchange in Hong Kong on Aug. 18. According to a report from Weixin Official Accounts Platform, CMB International has begun conducting cryptocurrency…

CMB Subsidiary Launches Crypto Exchange in Hong Kong

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CMB International Securities Limited, a subsidiary of the China Merchants Bank (CMB) — one of China’s top banks — has launched a cryptocurrency exchange in Hong Kong. According to a Monday CMB WeChat announcement, the bank has started offering virtual asset trading services. The launch comes after the Hong Kong Securities and Futures Commission approved the bank’s application for a virtual asset service provider license in mid-July. CMB’s Hong Kong-based crypto exchange allows for 24/7 trading of Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) for eligible investors. Documentation provided…

EV Startup Faraday Future Launches $10 Billion Crypto Strategy

Faraday Future Intelligent Electric Inc. announced on August 17, 2025, the launch of its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, aiming to integrate artificial intelligence (AI)-driven electric vehicles (EVs) with Web3 technologies and cryptocurrency investments. The initiative includes the introduction of the C10 Index, a diversified crypto asset basket, and the C10 Treasury […] Source CryptoX Portal