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Ethena's $46 million investment in tokenized assets for DeFi growth.
cryptocurrency

Ethena Allocates $46 Million Reserve Fund to Tokenized Assets

Ethena, a DeFi protocol, announced its $46 million reserve fund investment in tokenized assets. Key allocations include $18M to BUIDL, $13M to USDS, and more. This strategic move aims to diversify ...

ecosystem growthSui Foundation logo with Scallop logo background

Sui Foundation Boosts Ecosystem Growth with Scallop Investment

The Sui Foundation has invested in Scallop, focusing on enhancing its leadership and features within the Sui ecosystem. Scallop's lending has surpassed $100 billion, with a historic TVL of $167 mil...

BahrainBahrain National Bank Bitcoin Investment Product Announcement

Bahrain National Bank Launches Bitcoin-Linked Investment Product

Bahrain National Bank (NBB) has unveiled a Bitcoin-linked structured investment product at the Fintech Forward 2024 event. This product targets qualified investors in the GCC region, offering a cha...

BitcoinBitcoin Spot ETF Options Launch Prediction by Bloomberg Analyst

Bloomberg Analyst Predicts Bitcoin Spot ETF Options Launch in 2025

Bloomberg ETF analyst James Seyffart predicts Bitcoin spot ETF options could launch by early 2025. He noted that while a late 2023 launch is possible, it's more likely to occur in Q1 2025 after SEC...

cryptocurrencyGraph showing rising percentage of hedge funds investing in digital assets.

Hedge Funds Increasingly Invest In Digital Assets - Report Highlights

A new report reveals that 47% of hedge funds trading traditional markets now hold digital assets, a significant rise from previous years. Discover the trends influencing hedge fund investment strat...

BitcoinGraph showing Bitcoin trends and ETF approval timelines.

Bitcoin Spot ETF Options Expected by Early 2025, Analyst Claims

Bloomberg analyst James Seyffart predicts that Bitcoin spot ETF options may launch in the U.S. by Q1 2025, following SEC authorizations for other ETF options. This potential development comes amids...