As the DeFi and crypto space continues to evolve rapidly, it's crucial to stay informed about the latest news and trends. Our weekly recap provides a concise and comprehensive overview of the most significant events in this area.
21Shares Introduces Four New ETPs for Pyth, Ondo, Render, and Near
21Shares has unveiled four new cryptocurrency exchange-traded products (ETPs), offering exposure to Pyth Network, Ondo Finance, Render Network, and NEAR Protocol. These products, available on major European exchanges like Amsterdam and Paris, are fully backed by their respective tokens, ensuring transparency. The lineup provides investors with streamlined access to these emerging digital assets.
ZA Bank Becomes Asia’s First Bank to Offer Retail Crypto Trading
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.
Sol Sniper Launches First Memecoin Trading Bot for X
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. SniperX also provides influencer rankings and real-time social media activity insights to help users make informed trading decisions swiftly.
This week witnessed numerous significant developments in the DeFi and crypto markets, from the launch of new exchange-traded products to innovative trading and financing solutions. This underscores the importance of tracking such trends for understanding market dynamics.