Solana futures surge as institutions drive open interest to record highs
Solana CME futures OI hits record $2.16B as institutions accumulate ahead of SEC ETF ruling. Solana ETPs surpass $500M AUM, led by REXShares SSK and Bitwise BSOL staking products. SOL…
How Institutions (Exchanges, ETFs, Custodians) Store Your Bitcoin
Institutional Bitcoin Storage Overview This refers to the storage of Bitcoin and/or other cryptocurrencies by large corporations, typically on behalf of their clients and customers. ...
Aave’s new Horizon allows institutions to borrow stablecoins using real-world assets
The platform facilitates stablecoin loans backed by institutional funds and tokenized Treasurys. Horizon bridges TradFi and DeFi with 24/7 institutional-level borrowing. AAVE gained 12% the previous week. Aave Labs has…
UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC
Stacks’ sBTC gains traction with UTXO, SNZ, Jump Crypto as early adopters. With this adoption, the demand for sBTC has tripled capacity in under 24 hours. The sBTC unlocks Bitcoin…
Crypto.com launches crypto custody trust service for US and Canadian institutions
The crypto custody service will be available to eligible Canadian and US institutions and high-net-worth clients The launch of the trust company is Crypto.com’s latest step in building their presence…
AWS and Boerse Stuttgart Digital team up to offer crypto solutions to EU financial institutions
The partnership was in response to retail customers and corporates seeking ways to enter the crypto market According to Boerse Stuttgart Digital, traditional financial institutions have to make a choice…
Honduras regulator bans institutions from trading crypto
Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto. The banking regulator reached the resolution on Monday…
XRP surging as major institutions adopt Ripple
Following the recent XRP price surge, Ripple (XRP) has become the fourth-largest cryptocurrency. Ripple’s milestones in Dubai and Georgia are some of the main boosters of XRP’s performance. Trading volumes…
OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions
ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu,…
Binance rolls out off-exchange settlement solution for institutions
Binance’s off-exchange settlement solution Binance Mirror to benefit institutional investors. The solution is offered via Binance Custody, a regulated institutional digital assets platform. Binance Mirror currently accounts for more than…