Your Daily Digest of Global Stories
The fund will reach Arbitrum, Aptos and three other networks. BUIDL became the largest tokenized fund in the world. The world’s largest asset manager, BlackRock, announced the expansion of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) investment fund to five other networks in addition to Ethereum. In one press releasethe entity explained that, after…
Shares in the Michigan ETH ETFs are valued at over $10 million. The fund now holds more ETH than bitcoin, setting Michigan apart from other entities. The Retirement System of the state of Michigan, in the United States, revealed its recent holdings in the ETH of bitcoin (BTC) and ether (ETH), positioning itself as one…
UBS, the global private banking giant, announced on November 1 the launch of its tokenized investment fund. The fund is called “UBS USD Money Market Investment Fund Token” or “uMINT”. In a press releaseUBS explained that it is an investment instrument in money markets and that is based on the Ethereum network ecosystem. The institution…
It is the second presentation that Canary Group has made in less than a week. Litecoin (LTC) rose 11% upon hearing the news and is trading at $71.7. Canary Capital Group, an investment firm with just over a month of launch, filed a filing with the United States SEC on Tuesday, October 15, to issue…
Decentralized private credit platform Credbull has taken a significant step by launching LiquidStone, a fixed-yield credit fund that operates on the Plume Network, a blockchain focused on real-world assets (RWA). Credbull is a decentralized private credit platform that uses blockchain technology to connect lenders and investors. With its focus on transparency and efficiency, Credbull is…
Franklin Templeton’s OnChain US Government Money Fund (FOBXX) has expanded its presence in the cryptocurrency ecosystem by launching on the Aptos network, adding a fifth network to its offering. According to what was stated, institutional investors can allocate funds using your cryptocurrency wallets on the platformwith the option to keep your assets on the Aptos…
These financial products facilitate the entry of institutional and corporate money. The price of ETH rose 6% in two days, reaching $2,710, although it later corrected. Ether (ETH), the cryptocurrency of the Ethereum network, broke a streak of five consecutive weeks of negative money flows, reporting inflows of $87 million to its investment funds, according…
Key facts: The US saw inflows totaling USD 416 million, Coinshares reported. Bitcoin was the main inflow, with USD 436 million invested in it. Last week marked a turning point for bitcoin (BTC) and cryptocurrency investment products, with a total of $430 million in capital inflows, CoinShares reports. This move ends two negative weeks that…
