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Franklin Templeton to Enable Money Fund Shares on Stellar Network

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.

Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla Shares Plummet as Bitcoin Sinks to $50,000

Tesla’s shares have plummeted by around 3.8%, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market.

NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading

NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading

American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.

Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts

Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts

21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify more options by providing cryptocurrency ETPs to their customer savings accounts.

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.

Hedge Funds Battle to Survive After FTX Exchange Collapse

Hedge Funds Battle to Survive After FTX Exchange Collapse

The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.

Texas Bitcoin Mining Operations Undergo Intensive Due Diligence

Texas Bitcoin Mining Operations Undergo Intensive Due Diligence

CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.

Injective (INJ) Unveils New Staking ETP in Collaboration with 21Shares

Injective (INJ) Unveils New Staking ETP in Collaboration with 21Shares

Injective (INJ)collaborates with 21Shares to launch AINJ, a new staking ETP offering INJ exposure and staking rewards via traditional finance venues.

Digital Asset Fund Flows Surge Amid FED Rate Cut

Digital Asset Fund Flows Surge Amid FED Rate Cut

Digital asset inflows hit $321 million following a 50bp rate cut by the Federal Reserve, according to CoinShares.

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.

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