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$1 Billion in US Treasuries Tokenized On-Chain Post BlackRock’s BUIDL Launch

$1 Billion in US Treasuries Tokenized On-Chain Post BlackRock’s BUIDL Launch

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United States Treasuries worth over $1 billion have been tokenized on-chain across Ethereum, Polygon, Solana, and other blockchains. The milestone was propelled by the recent launch of the BlackRock USD Institutional Digital Liquidity Fund. US Treasurys Worth $1.08B Tokenized BlackRock’s Ethereum-based product, BUIDL, was introduced on March 20 and has surpassed a market capitalization of […]

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Cryptocurrency Investment Funds See Record $2.45 Billion Inflows, AUM Taps $67 Billion

Cryptocurrency Investment Funds See Record $2.45 Billion Inflows, AUM Taps $67 Billion

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Last updated: February 19, 2024 14:55 EST | 2 min read Source: Dalle-3Cryptocurrency investment funds recorded $2.45 billion in inflows in the last seven days as Assets Under Management (AUM) surged. A new CoinShares Digital Asset Fund Flow Report shows huge institutional flows into the cryptocurrency market last week. Largest weekly inflows into Bitcoin ETFs

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Gold ETFs Witness $2.4 Billion Outflows Amid Bitcoin ETF Surge

Gold ETFs Witness $2.4 Billion Outflows Amid Bitcoin ETF Surge

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In contrast to Bitcoin-tracking exchange-traded funds (ETFs), gold-tracking ETFs have witnessed significant outflows this year. On February 14, Eric Balchunas, an analyst at Bloomberg Intelligence, disclosed that gold ETFs in the top 14 rankings have experienced a combined outflow of $2.4 billion since January. BlackRock’s iShares Gold Trust Micro and iShares Gold Trust experienced significant

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Digital Asset Investment Funds Record $1.1 Billion Inflows as AUM Taps $59 Billion

Digital Asset Investment Funds Record $1.1 Billion Inflows as AUM Taps $59 Billion

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Last updated: February 12, 2024 16:54 EST | 2 min read Source: Dalle-3Digital asset investment products recorded $1.1 billion in inflows in the last seven days following a price uptick in the market. A new CoinShares Digital Asset Funds Flow Weekly Report shows a positive swing in cryptocurrency products for another week as crypto prices

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Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets

Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets

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Last updated: February 1, 2024 01:52 EST | 2 min read Source: Adobe / JimIn 2023, Tether saw its assets approach the $100 billion mark, following a $6.2 billion profit according to the company’s Q4 attestation report released on January 31. The financial surge, detailed in Tether’s latest financial statements, reflects a strategic allocation of

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Nexo Slams $3 Billion Lawsuit Against Bulgaria, Citing Reputational and Financial Damages

Nexo Slams $3 Billion Lawsuit Against Bulgaria, Citing Reputational and Financial Damages

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Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government after the latter dropped its criminal investigations against the company. According to Nexo, the investigations allegedly cost the company a major soccer sponsorship deal and a stock market listing in the United States. Nexo Sues Bulgaria for $3 Billion Nexo and

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