Business

Corporate Treasury participation in Ether (ETH) has increased in recent months, with institutional units now having 1% of Cryptocurrency’s circulating supply, according to a report from Investment Bank Standard Chartered (Stan). The bank predicts that Ether Treasury holdings could reach 10% of the total supply over time, a 10 times increase from the current levels.

Coindcx, India’s largest crypto exchange, rejected a local media report that the American rival coinbase (coin) was looking to acquire it. “Ignore the rumors,” CEO Sumit Gupta said Tuesday in a post on X. Earlier in the day, Mint reported that Coinbase was in advanced conversations to acquire the Mumbai-based company with reference to two

Bitmain, one of the largest producers of Crypto Mining -hardware, is ready to open its first facility in the US in the next few months, reported Bloomberg and cited the company’s global business manager Irene Gao The manufacturer of Antminer Rigs, currently producers in Southeast Asia, plans to create an American base and assembly line

D2X, an Amsterdam-based crypto derivative exchange designed for institutional investors, has collected 4.3 million euros ($ 5 million) in a strategic financing round. Circle Ventures, CMT Digital and Canton Ventures joined the withdrawal as strategic investors along with the renewed support of Point72 Ventures, Tioga Capital, GSR and Fortino Capital. Licensed under the EU’s MiFID

Jellyc, a Digital Asset Investment Manager with over $ 100 million in assets under management, said it joined a program with Crypto Exchange Okx and International Bank Standard Chartered (Stan), which allows it to trade Cryptocurrencies while holding its collateral secure secure off-platform. The Australian company said it will use a Franklin Templeton Tokenized Money

Rakbank, one of the oldest lenders in the United Arab Emirates (UAE), gives retail customers access to Cryptocurrencies through a partnership with Vienna-based Crypto Exchange Bitpanda, companies said Tuesday. Users can now access “a variety of cryptocurrencies” via Rakbank’s mobile bank app. The bank did not specify which cryptocurrencies were offered at pressing time. The

Crypto Asset Manager Coinhares has launched a new Exchange-Traded Product (ETP) that gives investors exposure to SEI (SEI) while eliminating management fees and offering a 2% stack outcome. The product listed under Ticker Csei will be traded on the six Swiss exchange. It marks the first regulated investment vehicle that offers direct access to SEI,