Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would be implemented, given the nation’s openness to blockchain initiatives. Ripple Launches […]
The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more efficient data dissemination and consumption. Chainlink Boosts DTCC’s Smart NAV Pilot DTCC’s Smart […]
Based on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $ 381.76 million, overtaking Franklin Templeton’s onchain investment vehicle, BENJI, as the largest real-world asset (RWA) tokenized offering. Blackrock’s Digital Fund Surpasses BENJI as Leader in Tokenized Treasury Offerings Blackrock’s BUIDL has now eclipsed all …
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin and ether exchange-traded products (ETPs) have seen withdrawals for three consecutive weeks. Heavy Withdrawals […]
Pantera Capital is planning to launch Pantera Fund V in April 2025, aiming to raise over $ 1 billion for investment in a diverse range of blockchain-based assets, representing a consolidation of its investment strategy into an ‘all-in-one’ fund. The new fund will include startup equity, early-stage tokens, and liquid tokens among its assets, …