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ZKsync-based hybrid DEX GRVT raises $19 million Series A

ZKsync-based hybrid DEX GRVT raises $19 million Series A

GRVT, a hybrid decentralized exchange built on the Ethereum scaling layer ZKsync, has raised $19 million in Series A funding. The round was co-led by GRVT’s tech partner ZKsync and Further Ventures, the investment firm backed by Abu Dhabi's sovereign wealth fund that previously led a strategic inves…

Circle plans to bring $900M money market fund under DABA license

Circle plans to bring $900M money market fund under DABA license

Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF)Ā under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license.Hashnote, which Circle acquired in January 2025, is the iss…

Crypto insurance start-up BDIC targets Lloyd’s coverholder status

Crypto insurance start-up BDIC targets Lloyd’s coverholder status

(The Insurer) - A new digital insurance start-up called Blockchain Deposit Insurance Corporation (BDIC) has opened in Bermuda and aims to secure Lloyd’s coverholder status, allowing it to underwrite cryptocurrency-related risks.In a statement announcing the launch, BDIC said it ā€œaims to revolutionis…

Kraken to Unveil ā€˜Ink’ Blockchain in 2025—A Game-Changer?

Kraken to Unveil ā€˜Ink’ Blockchain in 2025—A Game-Changer?

Kraken's "Ink" blockchain, set for Q1 2025, will enhance DeFi accessibility, offering a user-friendly ecosystem without a native token. Built on Layer 2 using the OP Stack, Ink aims to enhance scalability and interoperability, marking Kraken’s competitive move in the blockchain space. The last devel…

Jeff Taylor
Kraken Launches Regulated Derivatives Platform in Bermuda

Kraken Launches Regulated Derivatives Platform in Bermuda

Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over 200 contracts, including perpetual and fixed-maturity futures, and aims to provide a s…

Bitcoin.com
Kraken launches Bermuda-based crypto derivatives venueĀ 

Kraken launches Bermuda-based crypto derivatives venueĀ 

Kraken has expanded its offshore with a new derivatives trading venue in Bermuda, licensed by the Bermuda Monetary Authority. Kraken, a major global cryptocurrency exchange, has launched a new derivatives trading platform in Bermuda after securing a digital asset business…

Micah Zimmerman