Coinbase Snags Opyn Leadership in Lift-Out Acquisition
Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team […] Powered by...
South Africa’s Sygnia Launches Bitcoin Fund Tied to Blackrock’s IBIT
Sygnia, a South African investment manager, has launched the Sygnia Life Bitcoin Plus Fund, which tracks Blackrock’s Ishares Bitcoin Trust exchange-traded fund (ETF). Sidestepping South Africa’s Regulatory Hurdles South African investment manager Sygnia has launched a product that tracks Blackrock’s Ishares Bitcoin Trust ETF (IBIT). Known as the Sygnia Life Bitcoin Plus Fund, the product, […] Powered by...
Metaplanet’s Shares May Soon Hit ¥2,400: Benchmark
The figure is quoted in a report published by New York-based investment research firm Benchmark on Friday. Analysts Predict Metaplanet Stock Could Reach ¥2,400 Shares of Japanese bitcoin treasury firm Metaplanet continue to defy gravity, soaring 7,900% since the once embattled hotel company implemented a well-executed bitcoin ( BTC) corporate strategy last year. That’s according […] Powered by...
Akon’s Futuristic Crypto City Officially Terminated
The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity. Akon City Terminated Amidst Construction Delays The futuristic crypto-themed Akon City project, a high-profile initiative from Senegalese-American singer and entrepreneur Akon, has been officially terminated. Akon and the Senegalese Coastal Development […] Powered by...
EU and UK Crypto Allocations Surge: Half to Devote 5%+ of AUM by 2025
Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions Half of respondents intend to allocate over 5% of their assets […] Powered by...
