The DeFi and cryptocurrency world is becoming increasingly dynamic and complex. Our weekly recap compiles the most vital news and trends to help you stay informed of all the changes.
Crypto.com Launches Institutional Service in the US
Crypto.com has introduced a cryptocurrency custody service for institutional clients in the US and Canada. This service will enable clients to safely migrate their digital assets while ensuring uninterrupted access during the transition.
FLOKI DAO's Proposal to Launch ETP in Europe
FLOKI DAO has unveiled plans to partner with a major asset manager to launch an Exchange-Traded Product (ETP) for the FLOKI token on the SIX Swiss Exchange. This initiative will provide institutional and retail investors with regulated access to the token.
New Projects by Bitwise and Aethir, Partnership with Injective
Bitwise Asset Management is planning to launch an ETF targeting companies with substantial Bitcoin holdings. Aethir and Injective have announced the creation of the world's first tokenized GPU marketplace, fostering AI innovation.
These developments highlight the rapid advancement of technology and financial solutions within the cryptocurrency realm. Companies and projects continue to explore new opportunities to integrate DeFi and crypto assets into traditional financial systems.
