WorldPingBlackRock launched a tokenized money market fund for stablecoin reserves that uses Solana alongside Ethereum.
This is a short WorldPing brief. The full report was published by Decrypt.
Read the full report at Decrypt
WorldPingBRSRV joins a list of funds launched by the likes of Morgan Stanley, State Street, and Fidelity designed for stablecoin reserves.
Brief by WorldPing · Original reporting by The Block
WorldPingThe asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingAccording to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingA 500,000-share-equivalent held put appeared in Q2, but the filing cannot reveal the bank’s net options exposure or motive.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingFlare's FXRP has been approved as collateral in a $280 million RLUSD lending vault, allowing XRP holders to tap Ethereum's lending markets.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe crypto treasury company says it added another 10,399 ETH last week, bringing its holdings to nearly 5.8 million ETH as it pushes toward its goal of owning 5% of Ethereum's circulating supply.
Brief by WorldPing · Original reporting by Decrypt