Animoca Brands has received an important step towards full authorization, obtaining in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM, a leading international financial center […]
Amundi Launches €5 Billion Tokenized Fund on Ethereum: A Significant Step for Digital Finance Integration
Amundi, Europe’s largest asset manager, has taken a significant step forward in digital finance by tokenizing its €5 billion AMUNDI FUNDS CASH EUR money market fund on the […]
Amundi Embraces Blockchain for Accessible, Transparent Funds
French asset manager Amundi has launched its first tokenized fund, marking a significant advancement in the industry. By partnering with CACEIS, a DLT service provider, Amundi offers an […]
Evernorth Launches $1 Billion XRP Fund: Redefining Institutional Crypto Investments
Evernorth has taken a significant step in the world of cryptocurrency, launching a groundbreaking $1 billion XRP fund designed to revolutionize institutional crypto investments. Led by CEO Asheesh […]
Franklin Templeton Launches Blockchain Money Market Fund in Hong Kong
Franklin Templeton has taken a significant step forward in the world of finance by launching its first blockchain-based money market fund in Hong Kong. This collaboration with HSBC […]
Abraxas Capital Adjusts Short Positions Amidst Market Volatility
Cryptocurrency fund Abraxas Capital has taken a strategic approach to managing market fluctuations, closing portions of its short positions in various cryptocurrencies like Ethereum and altcoins. Data from […]
China Merchants Bank Unleashes $3.8 Billion Fund on the Blockchain via BNB
China Merchants Bank has revolutionized fund management with a groundbreaking initiative, bringing a massive $3.8 billion fund onto the blockchain using Binance Smart Chain (BNB). This landmark launch […]
Cartesian Launches Dedicated Back-Office Service for Digital Asset Funds
Cartesian Digital has entered the digital asset fund market with a new service offering outsourced middle-back-office solutions. This move responds to increased demand from crypto hedge funds and […]
FBTC Outflows & FETH Inflow Signal Shifting Investment Landscape
New data from Farside reveals significant changes in the flow of funds into and out of cryptocurrency investment vehicles. Notably, FBTC saw a net outflow of $50.1 million, […]
Over $307 Million in Bitcoin Transferred: Coinbase’s Internal Fund Management Sparks Speculation
Whale Alert has observed six Bitcoin transactions involving over $307 million, attributed to Coinbase wallets. These transfers suggest internal fund management rather than external market exits. The movements […]
Binance Improves User Experience with New Designated Accounts Program
Binance has launched a significant update to its Fund Manager program, aiming to enhance user experience and provide professional services to institutional clients. The new program, dubbed the […]
Securitize Acquires MG Stover’s Fund Management: Expansion in Digital Asset Management
Securitize has significantly expanded its presence in the digital asset fund management sector through the acquisition of MG Stover’s fund management business. The deal brings a staggering $38 […]
Economic Gloom Drives Fund Managers to Seek Safe Havens
A recent Bank of America Global Fund Manager Survey has revealed a staggering level of pessimism regarding the global economy, with a majority of investors anticipating further deterioration. […]
Moody’s Warns of Tokenized Fund Risks as Growth Expands
Moody’s has issued a report outlining significant risks associated with the growing field of tokenized funds. Cristiano Ventricelli, Vice President and Senior Analyst at Moody’s, emphasizes investors need […]