INX Debuts Trading Platform for SEC-Registered Security Tokens and Cryptocurrencies
INX will also offer services for investors seeking to raise capital through a security token offering. Source
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Debuts
Blockchain VC Shima Capital debuts with $200M Web3 fund
Shima Capital, a new venture firm focused on early-stage blockchain projects, has launched its debut fund to support emerging digital asset companies — and has received considerable backing in doing so.The Shima Capital Fund I raised a combined $200 million from several high-profile crypto investors, including Dragonfly Capital, Animoca Brands
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KuCoin crypto exchange debuts USDT-dominated NFT ETF
Seychelles-headquartered cryptocurrency exchange KuCoin has launched an exchange-traded fund (ETF) tied to major nonfungible token (NFT) assets like Bored Ape Yacht Club (BAYC).KuCoin’s NFT ETF Trading Zone went live on Friday, the firm announced. The new investment product is launched in collaboration with NFT infrastructure provider Fracton Protocol.The KuCoin NFT
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Startup Incubator Launch House Debuts $10M Fund With Web3 in Focus
House Capital will invest up to $150,000 in each deal with investments happening as the firm comes across new companies rather than at a set pace, said Launch House co-founder Michael Houck. The fund has already deployed capital to 17 startups, and the majority were Launch House veterans. The investments
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The Proof of Stake (POS) Era About to Begin as Ethereum Merge Successfully Debuts on Ropsten
On Wednesday July the 8th, Ethereum took the biggest step towards bringing itself closer to activating the proof-of-stake (PoS) network by successfully deploying the Merge on the Ropsten testnet. The Merge is one of the crucial components of the consensus layer upgrade, known previously as “Ethereum 2.0.” The Merge is
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Soona Amhaz’s Volt Debuts $50M Crypto Fund Backed by Marc Andreessen, Chris Dixon
Volt Capital was one of the original contributors to crypto accelerator program DeFi Alliance; it launched a $10 million investment fund in April 2021. Backers for the new fund include Andreessen Horowitz (a16z) General Partners Marc Andreessen and Chris Dixon, angel investor Elad Gil, Union Square Ventures Managing Partner Albert
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FTX US Debuts Stock Trading in Push for Bigger Slice of US Retail Pie
FTX US will not charge commissions or trading fees in keeping with the low-cost brokerage model that Robinhood (HOOD) rode to fame. it will not monetize traders’ orders by selling the flow to high-frequency traders, a controversial practice called payment for order flow for which Robinhood has been criticized. Original Source
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Bitcoin investment giant Grayscale debuts ETF in Europe
Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe.Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16.The new investment product is getting listings on major European stock exchanges, including the London Stock Exchange, Borsa
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Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development
A16z, Coatue and Union Square Ventures are all committing money. Original Source
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LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone
LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto listing regulations worldwide. The process involves in-depth reporting and high-level scrutiny from local financial watchdogs, all of which
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