DeFi platform MANTRA Finance obtains VASP license in the UAE
MANTRA has secured a VASP license in UAE from VARA. MANTRA can now offer its DeFi products to both institutional clients and qualified investors within the UAE. The OM token,…
Ondo Finance announces new L1 network for RWAs
Ondo Finance announced the new layer 1 Ondo Chain at its blockchain event in New York on Feb. 6. The onchain finance platform says the L1 targets institutional adoption of…
Ondo Finance brings tokenized US Treasury fund on Ripple’s XRP Ledger
Ondo Finance will launch its OUSG fund on the XRP Ledger. The partnership with Ripple expands accessibility to tokenized US Treasuries funds to institutional investors. Ripple introduced OpenEden’s TBILL on…
Quickest path to becoming a crypto millionaire: Shiba Inu (SHIB), Pepe Coin (PEPE) or Rexas Finance (RXS)?
Memecoins are hailed for their volatility, since it is precisely that volatility that offers the potential for huge upside gains… but one pressing question remains – can established tokens like…
Lido Finance to discontinue its products on Polygon starting Dec. 16
Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low…
Ondo Finance integrates LayerZero for multi-chain tokenized US Treasuries transfers
Ondo Finance integrates LayerZero for multi-chain transfers of USDY tokenized assets. USDY, backed by US Treasuries, has over $600M in total value locked (TVL). The integration ensures secure, seamless cross-chain…
Solana and Cardano investors are betting big on Rexas Finance, is it the next 10x altcoin?
Although Solana and Cardano have long been acknowledged as trailblazing blockchain systems, a new contender Rexas Finance (RXS) is attracting a lot of interest as a fresh rival. Rexas Finance…
Curve Finance launches scrvUSD, a decentralized yield-bearing stablecoin
Curve Finance launches yield-bearing stablecoin, Savings-crvUSD (scrvUSD). scrvUSD stabilizes borrowing rates and enhances DeFi composability. Curve has partnered with The Open Network to boost ecosystem integration and efficiency. Curve Finance,…
Wellington partners Ondo Finance for tokenized US Treasury fund
Wellington Management, an asset manager with over $1 trillion in assets, has announced a partnership with Ondo Finance in a collaboration that aims to power intraday redemptions for a newly…
Investors flee Ripple (XRP) for Rexas Finance (RXS) after major CoinMarketCap listing
Ripple (XRP) has been a player in the crypto world for quite some time, as it is recognized for cross-border payments and global associations. However, the recent interest in Rexas…