Sam Altman-Backed Meanwhile Group Starts Bitcoin Private Credit Fund for Institutional Investors
The fund, offered by the startup’s investment management arm, Meanwhile Advisors, aims to attract institutional investors with a 5% yield.
Finance
Crypto for Advisors: On-Chain Investment Tools and Vehicles
What are on-chain index products and how do they work? In today’s Crypto for Advisor newsletter Jordan Tonani from Index Coop takes us through the topic.
Robinhood Broadens Crypto Service to Europe, Notes Region’s Digital Asset Regulation
The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region’s comprehensive rules.
Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
Deloitte Taps Polkadot Ecosystem’s Kilt Blockchain for Digital Shipping Logistics
Shipping giant Hapag-Lloyd will be the first to implement Deloitte’s KYX – Know Your Client and Know Your Cargo – system.
Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp
The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.
New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
In his first public interview since getting the job last month after founder Changpeng “CZ” Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.
DeFi Market Rebounds to $50B as Speculators Hunt for Yield
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.
BlackRock Received $100K Seed Funding for Spot Bitcoin ETF
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen’s Green Bonds on Ethereum
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.