Stablecoin issuer Circle said it plans to launch its own version of a wrapped Bitcoin, which would put it against incumbents Coinbase and BitGo as it targets institutional users. The asset, called cirBTC and announced on Thursday, is set to launch on Ethereum, backed 1:1 by bitcoin (BTC) and aimed at over-the-counter desks, market makers and lending protocols. Circle said the asset is designed to provide institutions with a “highly secure and neutral version of wrapped BTC.” Financial institutions, which have become significant buyers of Bitcoin, have been actively exploring…
Tag: Launch
Crypto VC Paradigm to Launch Prediction Market Terminal
Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they started working on the project in late 2025. Paradigm is also considering rolling out an internal market-making desk — an in-house team that provides liquidity by placing buy and sell orders —…
Ethereum Devs Launch Post-Quantum Resource Hub
A group of Ethereum developers has launched a resource hub focused on protecting the blockchain from future quantum computing threats and securing the billions of dollars worth of value the network secures. The “Post-Quantum Ethereum” website, launched on Tuesday by members of the Ethereum Foundation, says the organization’s new Post-Quantum team is planning to implement quantum solutions into Ethereum at the protocol level by 2029, with solutions targeting the execution layer to follow. While the Post-Quantum team said no imminent quantum threat exists for cryptography-secured blockchains, early action is necessary…
OpenAI to shut down Sora app months after launch as focus shifts to agents
OpenAI plans to shut down its Sora AI video generator just months after launching a standalone app, as the company moves to simplify its product lineup and redirect resources toward core AI systems. We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you. What you made with Sora mattered, and we know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on… — Sora (@soraofficialapp) March 24, 2026 The decision…
BitGo, Susquehanna Launch Institutional Access to Prediction Markets
BitGo, a digital asset custody and trading platform, and Susquehanna Crypto will collaborate to give institutional clients over-the-counter access to prediction markets, allowing them to trade event-based contracts using cryptocurrency or stablecoins held in custody. According to Tuesday’s announcement, trades will be routed through BitGo’s platform, with liquidity provided by Susquehanna, which will enable hedge funds, family offices and other large investors to execute bilateral trades without moving assets off platform or converting holdings, including Bitcoin or stablecoin, into cash. Positions are backed by crypto collateral and documented using derivatives-style…
Glider, Ondo Launch Custom Tokenized Stock Portfolios Without Brokers
Glider and Ondo Finance have introduced a platform to let retail investors build and automate custom portfolios of tokenized US stocks, offering direct exposure to equities without a brokerage account. According to the announcement, the platform allows users to create personalized baskets of onchain stocks that track real-world assets, removing the need for wallets, gas fees or manual transaction management. Glider co-founder and CEO Brian Huang told Cointelegraph that unlike traditional exchange-traded funds, which bundle assets into fixed products, the platform lets users construct index-like portfolios with custom weightings that…
Keone Hon: Monad’s successful blockchain launch, the importance of decentralization for user trust, and why outdated token gating strategies hinder growth
Key takeaways Monad’s blockchain launch was successful, with fast transaction processing and positive user feedback. Strategic decisions, such as avoiding a pre-deposit campaign, set Monad apart from other blockchains. Monad was the first project to conduct a token sale on Coinbase’s new platform, enhancing its visibility. Exchanges play a crucial role as facilitators in the crypto ecosystem, integrating with networks to enable trading. Decentralization is vital for the growth and adoption of blockchain technologies. The Coinbase token sale attracted over 85,000 participants, showcasing strong interest in Monad’s token. Gating tokens…
Katana acquires IDEX to launch new perpetuals platform as DeFi derivatives gain momentum
Katana, a decentralized finance blockchain developed under the guidance of Polygon Labs and GSR Markets, has acquired IDEX and introduced Katana Perps, a unified onchain perpetual futures and spot trading platform, according to a statement shared by the team on Monday. The deal is the first major strategic action under newly installed chief executive Matthew Fisher, who aims to consolidate more of Katana’s trading infrastructure and revenue under one stack. “As always-on markets become the default venue for real-time price discovery and the regulatory environment opens a path for onchain…
Hyperliquid’s S&P 500 perpetual tops $100 million in daily volume after licensed launch
Hyperliquid’s newly launched S&P 500 perpetual contract topped $100 million in 24 hour trading volume within days of its debut, quickly becoming one of the blockchain’s 10 largest markets. The early surge points to strong demand for 24/7 onchain access to traditional assets. The market was launched through a licensing deal between Trade[XYZ] and S&P Dow Jones Indices, which described the product as the first and only officially licensed perpetual derivative based on the S&P 500 and powered by institutional grade index data. The launch adds to the rapid rise…
Apex and Polygon Launch ERC-3643 Chain for Tokenized Assets
Apex Group’s Tokeny and Polygon Labs are launching T-REX Ledger, a compliance-focused blockchain designed to help regulated tokenized assets move across networks without repeating investor checks and transfer restrictions. In a Thursday release shared with Cointelegraph, the project said it targets a key friction point in tokenized markets. ERC-3643 is an Ethereum-based token standard for permissioned tokens representing real-world assets that can support compliant issuance of RWAs, but identity checks, eligibility rules and transfer restrictions often remain fragmented when the same asset is distributed across multiple blockchains. T-REX Ledger is…