ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
Leading stablecoin issuer Tether invested $20 million in Argentine neobank Ualá, taking an equity stake in a financial platform with more than 11 million customers across Argentina, Mexico and Colombia. The investment was part of Ualá’s $197 million funding round announced in March, led by… Read More
DTCC safeguards more than $114 trillion in securities, making it one of the most important pieces of financial market infrastructure. Every day, it records ownership and settles transactions involving stocks, bonds and other securities. Rather than creating new digital assets, DTCC’s system converts existing securities… Read More
Goldman Sachs filed an application for a Bitcoin Premium Income exchange-traded fund (ETF) on Monday, marking one of the bank’s first direct pushes into the cryptocurrency investment space. The proposed fund would give investors exposure to bitcoin BTC$74,874.04 while generating income through a premium-based strategy.… Read More
Apollo Global Management (APO) is moving deeper into crypto, striking a deal that could make the $938 billion asset manager a major token holder in a decentralized lending platform. The firm signed a cooperation agreement with the Morpho Association, the French non-profit organization behind the… Read More
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.
