This week in the world of DeFi and cryptocurrency, numerous significant events took place. We provide an overview of the key news and trends impacting the industry's development.
21Shares Introduces New ETPs
21Shares has unveiled four new cryptocurrency exchange-traded products (ETPs), offering exposure to Pyth Network, Ondo Finance, Render Network, and NEAR Protocol. These products are available on major European exchanges like Amsterdam and Paris and are fully backed by their respective tokens, ensuring transparency.
Pioneering Crypto Trading by ZA Bank
Hong Kong's ZA Bank has launched retail cryptocurrency trading, becoming Asia's first bank to allow customers to trade Bitcoin and Ethereum via its app. Partnering with licensed crypto exchange HashKey, the service leverages HashKey Pro to ensure secure transactions for retail investors.
Launch of Memecoin Trading Product by Sol Sniper
Sol Sniper, an NFT analysis platform on Solana, has introduced SniperX, the first memecoin trading bot for X (formerly Twitter). The tool lets traders buy, sell, and track memecoin data—including prices, volume, and candlestick charts—directly on their X timeline.
This week in DeFi and the crypto industry, many significant events occurred, underscoring the rapid development of these areas. New tools and products continue to open up opportunities for investors and traders.