Day: April 6, 2021

Gnosis Auction Aims to Solve ICO Volatility

DeFi market mechanism developer Gnosis is launching Gnosis Auction, a tool intended to solve initial price volatility for new ERC-20 tokens. Gnosis Auction combines batch auctions with limit orders. Projects launching new tokens will be able to use Gnosis Auction to set up batch auctions, wherein founders set the lowest price they’re willing to sell …

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Grayscale Aims to Turn GBTC Into an ETF

Grayscale Investments intends to convert Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), the asset manager said in a blog post Monday.  “While several firms have submitted Bitcoin ETF applications in the form of an S-1 or 19b-4 to the SEC, we are confident in our current positioning and engagement with the SEC,” according …

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