Hex Trust Group launches USDX, the first native stablecoin on Flare Network
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance…
Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs
Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm…
Ripple to acquire Standard Custody & Trust Co. to expand US presence
Ripple acquires Standard Custody & Trust Co. to bolster US presence and regulatory compliance. The acquisition enables Ripple to expand service offerings, including asset tokenization and custody solutions. The move…
First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors
First Trust files for Bitcoin Buffer ETF with SEC, aiming to mitigate risk via options. Buffer ETFs gaining momentum, 139 trading on US markets, $32.54B AUM. Buffer ETFs don’t guarantee…
FTX Granted Approval to Sell Trust Assets, Time to Buy More MANA, Algorand, and NuggetRush?
TLDR FTX received approval to sell its Grayscale and Bitwise trust assets, worth almost $900 million. Investors have been accumulating more Decentraland, Algorand, and NuggetRush tokens because of their explosive…
Trust Wallet Token (TWT) jumps following Binance Futures listing
TWT price soaring after Binance Futures listing. Binance listing fuels TWT’s impressive price surge. TWT draws comparisons to Binance Coin (BNB), piquing investor interest. In recent market development, Trust Wallet…
A Complete Beginner’s Guide to Using Trust Wallet
How to Use Trust Wallet You can use Trust Wallet to send and receive cryptocurrencies, and also use fiat money to buy crypto. Other features of Trust Wallet includes cryptocurrency…
Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins
Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency…
Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF
Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers…
BitGo and Swan partner to launch a Bitcoin-only trust company
Key takeaways BitGo and Swan will work together to launch a new trust company. The Bitcoin-only trust company will offer custody without exposure to the other cryptocurrencies. BitGo and Swan…