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Solana SSK ETF breaks $100M as Wall Street warms to crypto staking

Solana SSK ETF breaks $100M as Wall Street warms to crypto staking

SSK, the Solana staking exchange-traded fund (ETF) from REX-Osprey, surpassed $100 million in assets under management (AUM) since its launch on July 2. The fund is the first US-listed ETF to combine spot Solana (SOL) exposure with onchain staking rewards.While most crypto ETFs are registered under t…

Arizona lawmakers advance bill to establish crypto reserve using seized funds

Arizona lawmakers advance bill to establish crypto reserve using seized funds

Arizona's House of Representatives has passed a bill that would create a reserve fund for seized crypto assets.The House passed the bill, dubbed HB 2324, in a 34-22 vote on Tuesday, advancing it to Governor Hobbs, according to the legislature's website. It passed the Senate last week in a 16-14 vote…

MEXC launches $100M user protection fund to cover platform breaches

MEXC launches $100M user protection fund to cover platform breaches

Crypto exchange MEXC has rolled out a $100 million user protection fund aimed at shielding its users from major platform breaches, technical failures or other serious security threats.The fund is structured to compensate users in the event of major security incidents, including breaches of the platf…

Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?

Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?

Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions.The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns.Abu Dhabi’s $437 million spot Bit…

Crypto VC RockawayX raises $125 million for second fund to primarily invest in Solana projects

Crypto VC RockawayX raises $125 million for second fund to primarily invest in Solana projects

RockawayX, a crypto venture capital firm with over $2 billion in assets under management, has closed its second fund, raising $125 million.The new fund will back early-stage crypto startups, with a strong focus on the Solana ecosystem, the firm said Thursday. Other target areas include decentralized…

Ripple Takes Asia By Storm With New XRP Product, Here Are The Recent Developments

Ripple Takes Asia By Storm With New XRP Product, Here Are The Recent Developments

Ripple is again breaking into the Asia market with a new XRP product, which would help drive institutional adoption. This move has been made in partnership with HashKey Capital, which launched this fund in order to expand institutional access to the altcoin. Ripple Invests In HashKey’s XRP ProductIn…

Ripple backs new XRP Tracker Fund by HashKey Capital, signaling institutional push in Asia

Ripple backs new XRP Tracker Fund by HashKey Capital, signaling institutional push in Asia

Crypto fund manager HashKey Capital announced Friday the launch of the HashKey XRP Tracker Fund, the first investment fund in Asia designed to track the performance of XRP.The HashKey XRP Tracker Fund will be available to professional investors who want exposure to XRP without direct ownership. It o…

Spiko - Bpifrance Spiko MMF - 17 Apr 2025

Spiko - Bpifrance Spiko MMF - 17 Apr 2025

Bpifrance's investment in Spiko's tokenized money market fund (MMF) marks a new era for blockchain in finance. Being a major financial institution, Bpifrance's decision to allocate its treasury to a tokenized MMF is a notable endorsement. Such a move might attract other institutions to follow, incre…

Securitize acquires MG Stover fund services arm; $38 billion in assets now under administration

Securitize acquires MG Stover fund services arm; $38 billion in assets now under administration

The real-world asset (RWA) tokenization firm Securitize has acquired a crypto-centered fund administration company out of MG Stover for an undisclosed amount. The acquisition aims to bolster digital asset fund administration for Securitize Fund Services, the company’s in-house platform, according to…

Teucrium Launches 2x Leveraged XRP ETF, Polymarket Odds Surge for Spot Approval

Teucrium Launches 2x Leveraged XRP ETF, Polymarket Odds Surge for Spot Approval

Teucrium Investment Advisors is set to launch its Teucrium 2x Long Daily XRP ETF (XXRP) after securing NYSE Arca approval. This marks the first exchange-traded fund (ETF) in the United States to offer leveraged exposure to XRP .The move comes as the race for a spot XRP ETF intensifies in the US, wit…

GoMining launches $100M Bitcoin mining fund for institutional investors

GoMining launches $100M Bitcoin mining fund for institutional investors

GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards and reinvestment…

DWF Labs launches $250M fund for mainstream crypto adoption

DWF Labs launches $250M fund for mainstream crypto adoption

Dubai-based crypto market maker and investor DWF Labs has launched a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies.DWF Labs is set to sign two significant investment deals worth $25 million and…