This week in the cryptocurrency world has seen significant developments. SEI launched a zero-fee staking ETP, VeChain announced a partnership with BitGo, and Cold Wallet is attracting large investments.
SEI’s New ETP with Zero-Fee Staking
SEI has announced a new physically-backed ETP featuring built-in staking on the SIX Exchange. This product offers 2% rewards and zero fees, making it more accessible through traditional financial systems. Users do not require wallet management or staking setups, as everything is handled in a familiar, regulated format.
VeChain’s BitGo Partnership: Secure Access
VeChain has partnered with BitGo to provide secure and regulated storage for its VeChainThor network. This partnership will allow users access to staking services and node operations with increased confidence. It also precedes VeChain's upcoming 2025 tokenomics updates.
Cold Wallet Presale Gains Popularity
The Cold Wallet presale has garnered attention, raising over $5.6 million and selling more than 620 million coins. Currently, 15 stages are complete, and prices are gradually increasing. Cold Wallet’s unique approach involves offering cashback for on-chain actions, attracting interest from major investors.
As SEI and VeChain continue to actively develop their products and infrastructure, Cold Wallet captures the interest of large investors. This week's wave of updates highlights the growing momentum in the cryptocurrency sector.
