From $1 Trillion to $2.5 Trillion: Cryptos Boom in Six Months on Institutional Backing

The cryptocurrency market surged in value from $1 trillion to $2.5 trillion from October 2023 to March 2024. This boost was driven by institutional interest and venture capital funding in the sector. Bybit and Treehouse Finance recently highlighted these findings in a report dubbed the “2024 Institutional Industry Report.” The study covered derivatives, challenger chains, […]

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UK Finance Taps R3 and Quant for Financial Technology Experimentation

R3, an enterprise distributed ledger technology and services firm, along with Quant, have been designated to develop the technology prototype for the experimental phase of the UK’s Regulated Liability Network (UK RLN). This initiative, spearheaded by UK Finance and supported by EY, aims to establish a common platform for innovation across various forms of currency, […]

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New MEDA investors spot strong potential while AVAX and FIL look to stabilize

Milei Moneda ($MEDA) targets 60% ROI for early investors. Avalanche (AVAX) forms cross-chain asset settlements with ANZ and Chainlink, sparking bullish predictions after its recent price decline. Filecoin (FIL) sees a 12% surge with its Swan Chain integration. In recent weeks, Milei Moneda ($MEDA) has emerged among top contenders in crypto presales, capturing the attention […]

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BlackRock’s BUIDL fund now convertible to USD Coin (USDC) after Circle integration

Circle enables BUIDL share conversion to USDC with new smart contract functionality. BlackRock’s BUIDL investors can convert their shares to USDC 24/7. BlackRock’s BUIDL fund saw $240 million in first-week investments. Circle, the issuer of USD Coin (USDC) stablecoin, has unveiled a new smart contract functionality, enabling BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) investors […]

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Bitfinex introduces tokenized debt for El Salvador’s first Hampton by Hilton Hotel

Bitfinex Securities is El Salvador’s pioneer in digital asset provision. The issuance aims to raise $6.25 million and it offers a 10% coupon over a five-year period, The minimum investment that an investor can make is $1,000. Bitfinex Securities, in collaboration with Inversiones Laguardia S.A. de C.V., has launched a tokenized debt offering under the […]

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Retail Investors Flock to Bitcoin ETFs as Inflation Fears Drive BTC Past $70k

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to Jan van Eck, CEO of VanEck, retail investors are driving the majority of inflows into spot Bitcoin exchange-traded funds (ETFs). In a recent statement to Cointelegraph, he revealed that approximately 90% of […]

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Firm Seeks to be “Asia’s First MicroStrategy”; its Marketcap is 0.3% of MSTR’s BTC Profits

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Metaplanet Inc, formerly known as Red Planet Japan, a budget hotel operator that then pivoted to become a Web3 developer, has announced a move that allows Japanese investors to gain exposure to Bitcoin without […]

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