Launch

Nigeria to Launch Its ENaira Digital Currency on Monday: Report

Nigeria to Launch Its ENaira Digital Currency on Monday: Report

The Central Bank of Nigeria (CBN) will launch its digital currency, the eNaira, on Monday, Bloomberg reported. The eNaira, which is intended to complement the physical Naira rather than replace it, will “make financial transactions easier and seamless for every strata of the society,” the CBN said in emailed statement on Saturday, according to the …

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A Bitcoin ETF is about to launch. Here’s what you need to know

A Bitcoin ETF is about to launch. Here’s what you need to know

This Tuesday, the first U.S. bitcoin exchange-traded fund (ETF) is set to be launched, ending around six years of demand and anticipation. Assuming nothing goes wrong, ProShares’ ETF will begin trading on NYSE Arca under the ticker $BITO. But it’s not entirely straightforward. This ETF will focus on bitcoin futures as opposed to holding spot …

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Tribe Capital to Launch $75M Crypto Fund

Tribe Capital to Launch $75M Crypto Fund

San Francisco-based Tribe Capital’s fund will focus strictly on the crypto sector, taking long positions in early-stage projects, SAFTs (simple agreements for future tokens, a type of investment agreement that developers use to work with investors), yield farming, treasury buys and mining. Source link

TP ICAP to launch crypto trading platform with Fidelity and others

TP ICAP to launch crypto trading platform with Fidelity and others

TP ICAP, the world’s biggest interdealer broker, is set to launch a crypto trading platform for institutional investors. The platform is being developed with crypto custody providers Fidelity Digital Assets and Standard Chartered’s Zodia Custody, alongside liquidity provider Flow Traders. The idea is to provide clients a separate but interoperable model for execution and settlement. …

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CME eyes 'much wider potential customer base' with next week's micro bitcoin futures launch

CME eyes ‘much wider potential customer base’ with next week’s micro bitcoin futures launch

CME Group execs discussed the firm’s bitcoin futures offerings during an earnings call on Wednesday, with next week’s expected launch of micro bitcoin futures predicted to open the door to a potentially wider customer base. According to a published transcript, CME brought in $4.7 million in revenue from its bitcoin futures offering. Senior managing director …

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ETH price tops $2,000 for the first time to hit new all-time high

Ethereum scaling solution Optimism delays its mainnet launch at least until July

Ethereum Layer 2 scaling solution Optimism has delayed the public launch of its mainnet. The mainnet was scheduled to roll out this week, but it has now been postponed at least until July. The new schedule is just a rough estimate, said Optimism, because the launch is a “collaborative effort” of the Ethereum community. “Opening …

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Standard Chartered teams up with Northern Trust to launch crypto custody business ‘Zodia’

Standard Chartered teams up with Northern Trust to launch crypto custody business ‘Zodia’

SC Ventures, the innovation and ventures arm of Standard Chartered, has partnered with Northern Trust, to launch a crypto custody business. Dubbed Zodia Custody, the new business will launch in London, according to an announcement late Tuesday. Zodia is expected to begin operations next year, pending registration with the U.K. Financial Conduct Authority and other …

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Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Libra, the Facebook-initiated stablecoin project that’s been targeted continuously by lawmakers, might get off the ground as early as January 2021, albeit in a more limited format than the original multi-currency basket envisioned. According to a report by the Financial Times on Friday, instead, Libra may launch a single dollar-pegged stablecoin next year, according to “three people …

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