Tag: Launches

Mixed-martial arts champion Conor McGregor launches memecoin

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Mixed-martial arts (MMA) champion Conor McGregor launched a memecoin called “REAL” on April 5, which will reportedly feature staking rewards and voting rights for token holders. Spokespeople for the project told Cointelegraph that the token was launched through a sealed-bid auction to eliminate snipers and bots hijacking the token launch and in collaboration with the Real World Gaming decentralized autonomous organization (DAO). REAL token initial allocation breakdown. Source: Real World Gaming DAO The auction will take place from April 5-6. In a statement shared with Cointelegraph, McGregor touted the launch…

First Trust launches Bitcoin strategy ETFs

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First Trust Advisors has launched two Bitcoin (BTC) strategy exchange-traded funds (ETFs) designed to provide investors with Bitcoin exposure while capping losses and earning yield, the asset manager said.  The move comes amid an outpouring of funds seeking to enhance Bitcoin’s appeal to traditional investors by offering tailored exposure to the cryptocurrency’s performance. The FT Vest Bitcoin Strategy Floor15 ETF (BFAP) is designed to track Bitcoin’s performance up to a capped upside while limiting drawdown risk to approximately 15%, First Trust said in an announcement. “Over the past few years,…

First Trust launches first Bitcoin Strategy ETFs

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First Trust Advisors has unveiled two new Bitcoin strategy exchange-traded funds, adding to a suite of products that currently hold more than $28 billion in net assets. In an announcement on April 4, First Trust said it launched the two Bitcoin (BTC) strategy ETFs this week.  Specifically, the bitcoin exchange-traded funds are part of the the Floor15 ETF Series of Target Outcome ETFs, with both the FT Vest Bitcoin Strategy Floor15 ETF – April and the FT Vest Bitcoin Strategy & Target Income ETF listed on the NYSE Arca under…

Pump.fun launches lending platform to finance memecoin buys

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Pump.fun is launching a lending platform to enable users to buy memecoins and non-fungible tokens (NFTs) with borrowed cryptocurrency, the Solana-based memecoin launchpad said.  Dubbed Pump.Fi, the onchain lending protocol provides “immediate… financing for [any] digital asset,” Pump.fun said in an April 1 X post. According to Pump.fun, borrowers pay one-third up front and the rest over 60 days. In addition, Pump.Fi will create a marketplace for lenders to buy debt. The protocol did not specify how Pump.Fi — which doesn’t do credit checks — plans to ensure repayment of undercollateralized…

Grayscale launches two new Bitcoin outcome-oriented products

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Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs). According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to generate revenue by harnessing BTC volatility: “Both strategies may be considered as an alternative income stream that’s less correlated to traditional income-oriented investments.“ A complex derivative product The Bitcoin Covered Call product seeks to capture…

GoMining debuts institutional division, launches $100m Bitcoin yield fund

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GoMining has launched a new division, GoMining Institutional, with a new $100 million Alpha Blocks Fund to offer structured exposure to Bitcoin mining for professional investors. According to an April 1 announcement shared with crypto.news, the GoMining Alpha Blocks Fund will be the flagship product under the new division. The fund is fully managed and designed to provide institutional investors with exposure to mining-backed yield. GoMining, which has delivered over 4,000 Bitcoin (BTC) in rewards to its more than 3 million users, says the new division will simplify access to…

Binance Launches New Feature Enabling Trading Between Centralized and Decentralized Exchanges

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Binance, the planet’s biggest crypto exchange by volume, has released a new feature bridging its services to the decentralized finance (DeFi) world. In a new announcement, Binance says it’s introducing CEX to DEX (centralized exchange to decentralized exchange) trading, a new feature that enables users to trade tokens through their wallets using their Binance CEX funds. According to the company, Binance users can now directly trade on-chain through the Binance Wallet tab with their spot or funding account balances using stablecoins to access tokens trading on decentralized exchanges via the…

Wirex Travel Launches With Crypto Payments and Booking Rewards

Crypto meets convenience as Wirex Travel debuts with hotel savings up to 65% and 8% cashback, merging digital payments with real-world travel rewards worldwide. Wirex Travel Launches With Rewards for Crypto-Powered Hotel Bookings Digital payments platform Wirex announced on March 27 the launch of Wirex Travel, a hotel booking platform that enables users to pay […] Source CryptoX Portal

Bitso Launches Mexican Peso Stablecoin on Arbitrum

Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center. Bitso Introduces Juno, Launches Mexican Peso Stablecoin The stablecoin market is heating up, and companies are now backing them with currencies […] Source CryptoX Portal

Tether’s crosschain USDT0 stablecoin launches on OP Superchain

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Tether’s crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism’s Superchain, increasing access to the world’s most widely used stable asset across Ethereum’s layer-2 ecosystem. On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin’s first deployment was on Ink, Kraken’s DeFi-focused layer-2. USDT0 is essentially a bridged version of Tether’s USDt (USDT) designed to extend the stablecoin’s adoption across various blockchains. Tether launched USDT0 in January in collaboration with the interoperability protocol LayerZero. One month later, Tether selected Arbitrum as…