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BlackRock Registers Staked Ethereum Trust
TradFi & Fintech

BlackRock Registers Staked Ethereum Trust

The world’s largest asset manager is making preparations for a staked ETH ETF.
Palm USD Launches PUSD: A Global Free Stablecoin Backed by AED and SAR
TradFi & Fintech

Palm USD Launches PUSD: A Global Free Stablecoin Backed by AED and SAR

Riyadh, Saudi Arabia — Palm Azgar Finance Company, a licensed financial services provider headquartered in Riyadh, today announced on behalf of its British Virgin Islands affiliate the launch of PUSD, a revolutionary stablecoin fully backed by UAE Dirham (...
Winklevoss' ZEC DAT cover image
TradFi & Fintech

ZEC Jumps as Winklevoss‑Backed Cypherpunk Reveals $100M Zcash Treasury

The new Winklevoss-backed ZEC DAT aims to hold at least 5% of the total Zcash supply.
Jack Dorsey’s Cash App Adds Support for Stablecoins in First Expansion Beyond Bitcoin
TradFi & Fintech

Jack Dorsey’s Cash App Adds Support for Stablecoins in First Expansion Beyond Bitcoin

The payments app will support multiple stablecoins and networks at launch.
SoFi launches crypto trading cover image
TradFi & Fintech

SoFi Relaunches Crypto Trading Following Regulatory Greenlight

The neobank says the launch of SoFi Crypto is thanks to updated regulatory guidance from this spring, and is just the start of its broader crypto strategy.
BUIDL reduces Ethereum exposure cover image
TradFi & Fintech

BlackRock's BUIDL Fund Sees Share on Ethereum Drop 60%

While the fund's total value hasn't changed, BUIDL is now more evenly distributed across Aptos, Polygon, and Avalanche, instead of the vast majority being on Ethereum.
Hedera Rallies on Canary Capital ETF Launch
TradFi & Fintech

Hedera Rallies on Canary Capital ETF Launch

Canary Capital launched ETFs for both HBAR and LTC, but HBAR rallied while LTC plunged.
Crypto Sale Moves From ETHZilla, Sequans Spark DAT Unwind Fears
TradFi & Fintech

Crypto Sale Moves From ETHZilla, Sequans Spark DAT Unwind Fears

The first signs of a potential unwind in digital asset treasuries emerged this week as two firms appeared to sell part of their holdings.
Bitcoin Critic Peter Schiff Reveals Plans for Tokenized Gold App, Debit Card
TradFi & Fintech

Bitcoin Critic Peter Schiff Reveals Plans for Tokenized Gold App, Debit Card

The long-time gold maxi says he will "probably launch” a token representing physical gold as part of a platform to make gold easy to transfer and spend.
Russian central bank tokenization
TradFi & Fintech

Russia’s Central Bank Considers Tokenizing Russian Stocks, But for Foreigners

Implementation hinges on foreign partners willing to issue tokenized versions of shares of Russian firms, despite sanctions from the EU and U.S.