Category: Reviews

CME Group to launch 24/7 trading for cryptocurrency futures and options

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Key Takeaways CME Group will soon offer 24/7 trading for cryptocurrency futures and options. This change is designed to compete with offshore crypto exchanges operating around the clock. Share this article CME Group, a major US-based derivatives exchange, will introduce 24/7 trading for cryptocurrency futures and options. The move positions CME to compete more directly with offshore cryptocurrency exchanges that operate continuously, potentially shifting market dynamics toward regulated platforms. CME Group has recently introduced futures contracts for additional cryptocurrencies like Solana and XRP, broadening its regulated offerings beyond Bitcoin and…

Franklin Templeton’s Solana spot ETF listed on DTCC under ticker SOEZ

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Key Takeaways Franklin Templeton’s spot Solana ETF now appears on DTCC under ticker SOEZ. Solana is increasingly integrated into traditional finance infrastructure, supporting tokenized real-world assets and ETFs. Share this article Franklin Templeton’s spot Solana ETF has been listed on the Depository Trust & Clearing Corporation (DTCC) under ticker SOEZ. The development means the fund has taken a key step toward availability in US markets, signaling its readiness for institutional distribution while reinforcing Solana’s growing presence in traditional finance. The DTCC has been working with global financial authorities on settlement…

FG Nexus partners with Securitize to tokenize shares on Ethereum

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Key Takeaways FG Nexus and Securitize are partnering to tokenize FG Nexus shares and preferred shares on the Ethereum blockchain. This initiative enables legal, onchain trading of FG Nexus equity with instant settlement and automated compliance. Share this article FG Nexus is teaming up with Securitize to tokenize its shares on the Ethereum blockchain, the company announced Thursday. Shareholders will be able to elect to convert their common stock into tokenized shares. The move makes FG Nexus one of the earliest Nasdaq-listed companies to extend tokenization options for common stock…

Citigroup sets 12-month Bitcoin price forecast at $181,000

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Key Takeaways Citigroup forecast Bitcoin at $181,000 over 12 months. Citi stressed that sustained investor demand will be critical to supporting Bitcoin prices through year-end and into 2026. Share this article Citigroup has set its 12-month Bitcoin price forecast at $181,000, reflecting the global banking giant’s bullish outlook on the pioneering cryptocurrency. The bank’s analysts have emphasized that Bitcoin’s price dynamics are primarily influenced by buyer interest, with their base case assuming robust year-end inflows of $7.5 billion into the asset. Citi noted that the year-end target for Bitcoin was…

Thailand set to broaden ETF lineup beyond Bitcoin: Bloomberg

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Key Takeaways Thailand’s SEC will allow multi-asset crypto ETFs, not just Bitcoin-focused products. The upcoming rules aim to diversify options for mutual funds and institutional investors. Share this article Thailand plans to expand its exchange-traded fund offerings to include cryptocurrencies beyond Bitcoin, according to the country’s securities regulator, Bloomberg reported today. Thailand’s Securities and Exchange Commission is drafting new rules to allow multi-asset crypto ETFs, including those beyond Bitcoin, to diversify investment options for mutual funds and institutions. The regulatory expansion follows Thailand’s approval of its first Bitcoin ETF and…

Sui introduces suiUSDe digital dollar token backed by digital assets with Ethena’s support

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Key Takeaways Sui has introduced suiUSDe, a synthetic dollar stablecoin, on its blockchain. suiUSDe will be backed by digital assets paired with short futures positions, instead of traditional fiat reserves. Share this article Sui, a layer 1 blockchain focused on high-performance DeFi applications, announced the upcoming launch of suiUSDe, a native synthetic dollar token backed by digital assets, in partnership with Ethena, the issuer of USDe. The upcoming suiUSDe will function as a Sui-native income-generating asset powered by Ethena’s infrastructure. Its backing mechanism combines digital assets with corresponding short futures…

Bitcoin reaches $119,000 milestone

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Key Takeaways Bitcoin reached $119,000 today, extending its recent rally. Analysts note that a green (positive) September close often leads to a strong October rally for Bitcoin. Share this article Bitcoin reached the $119,000 milestone today, marking a major price milestone for the flagship cryptocurrency. The digital asset is showing patterns similar to previous cycles, with analysts noting that a green September close historically signals a strong October rally. Bitcoin has been in a sustained bull run with forecasters predicting significant upward momentum through October and beyond, based on historical…

Avalanche Foundation-backed treasury firm to go public through $675 million merger deal, targeting $1 billion AVAX buy

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Key Takeaways Avalanche Treasury Co. (AVAT) will merge with Mountain Lake to create a public vehicle for AVAX exposure. AVAT offers institutional investors discounted access to AVAX and aims to accumulate over $1 billion in AVAX assets after going public. Share this article Avalanche Treasury Co. (AVAT), a dedicated digital asset treasury company designed to strengthen the Avalanche ecosystem, is set to go public through a merger deal with Mountain Lake Acquisition Corp. (MLAC) valued at over $675 million, according to a Wednesday statement. The transaction includes approximately $460 million…

REX seeks SEC approval for BitMine Growth and Income ETF to offer BMNR exposure

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Key Takeaways REXShares’ new ETF would give direct exposure to BitMine Immersion Technologies through an actively managed equity strategy. The filing does not include leverage, focusing instead on growth and income from BMNR shares. Share this article REXShares has filed with the Securities and Exchange Commission to launch the BitMine Growth and Income ETF, an actively managed fund designed to provide exposure to shares of BitMine Immersion Technologies. According to the prospectus, the ETF’s investment objective is to maximize total return, combining capital growth and income. The strategy involves holding…

SUI Group partners with Ethena to launch stablecoins, reducing reliance on USDC

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Key Takeaways SUI Group partners with Ethena to launch new stablecoins on the Sui blockchain, aiming to reduce reliance on USDC. The new stablecoins are yield-bearing, designed to subsidize network fees and support sustainable models for the Sui ecosystem. Share this article SUI Group, a Nasdaq-listed treasury management company, partnered with Ethena, a yield-generating stablecoin protocol, to launch new stablecoin offerings that will decrease the Sui blockchain ecosystem’s dependence on Circle’s USDC. The collaboration involves Ethena launching yield-bearing stablecoins designed to subsidize network fees and promote sustainable economic models within…