UBS to Roll Out a Tokenized Money Market Fund on Ethereum Network
UBS Asset Management has announced the launch of uMINT, a new investment fund token built on Ethereum distributed ledger technology.
21Shares Intends to Launch an XRP ETF
Cryptocurrency ETF issuer 21Shares has filed an S-1 form with the Securities and Exchange Commission (SEC) in hopes of launching an exchange-traded fund (ETF) that will provide American investors with exposure to XRP.
Immutable Receives Wells Notice from SEC
Immutable, a blockchain gaming platform, has stated that the US Securities and Exchange Commission (SEC) has indicated its intention to take action against the company for possibly violating securities laws.
Tether’s Q3 Net Profit Reaches $2.5B
According to its latest attestation report, Tether reported a $2.5 billion profit in the third quarter, bringing its total profit to $7.7 billion in the first nine months of 2024.
Paxos Launches a Stablecoin in Association with DBS Bank
Paxos, a company that specializes in regulated blockchain infrastructure, has recently announced the release of its new stablecoin, Global Dollar (USDG). This particular stablecoin is compliant with Singapore regulations and is backed by United States dollars that are reserved and managed by DBS Bank. The launch of USDG comes after Paxos previously launched another stablecoin, known as the Lift Dollar […]
