Crypto News
Wormhole Chosen as Interoperability Provider for VanEck’s Tokenized Fund
Wormhole has been selected as the official interoperability partner for VanEck's first tokenized fund, VBILL, enhancing multichain accessibility across major blockchains. (Read More)Source link
UK’s First FCA-Regulated Crypto Derivatives Trading Venue GFO-X Debuts in London
GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K's first such trading venue for digital assets. The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC, and was cleared by DigitalAssetClear, GFO-X announced on Tuesday.DigitalAssetClear, created by London Stock Exchange Group (LSEG) subsidiary LCH, is a service for cash-settled bitcoin index futures and options contracts.GFO-X is also supported by major banks ABN AMRO, Nomura and Standard Chartered, who are providing clearing for transactions on the platform.The U.K.'s FCA lifted its ban from 2020 on crypto derivatives instruments for institutional investors in March 2024. This was followed by the London Stock Exchange saying it would accept application for cryptocurrency exchange-traded notes...
Bitcoin Price Flat as US Reports 2.3% Inflation in April
“If CPI came in hot, I expected a sharp drop, maybe toward $100K,” Arthur Azizov, founder of B2 Ventures, told Decrypt.Source link
IOTA Business Innovation Program Welcomes First Participants
IOTA's Business Innovation Program (BIP) has announced its first participants, including Impierce, Orobo, and ObjectID, to develop real-world solutions on the IOTA Mainnet. (Read More)Source link
Robinhood to Acquire Canadian Crypto Firm Wonderfi for $179 Million
Robinhood Markets, Inc. announced Tuesday it will acquire Canadian cryptocurrency firm Wonderfi Technologies Inc. for C$250 million (US$178.98 million), expanding its international footprint in the rapidly growing digital asset sector. Canadian Crypto Leader WonderFi Sold to Robinhood in All-Cash Transaction The all-cash transaction offers Wonderfi shareholders C$0.36 per common share, representing a 41% premium toSource link