launch
OKX Built a Perps DEX But Paused Launch Citing CFTC Crackdown
Crypto exchange OKX built a decentralized perpetuals trading platform akin to Hyperliquid and Aster but held off launching it over regulatory concerns, its founder says. The Web3 arm of OKX developed the unnamed platform in 2023, OKX founder and CEO Star Xu said in an X post on Sunday. “Hyperliquid proved that massive success in […]
DBS, Franklin, Ripple Launch Tokenized Lending on XRP Ledger
DBS, Franklin Templeton and Ripple have joined forces to roll out tokenized trading and lending services for institutional investors, built on the XRP Ledger and powered by tokenized money market funds and stablecoins. The trio signed a memorandum of understanding (MOU) to help investors better manage market volatility by offering a way to shift funds […]
Wormhole Token Soars Following Tokenomics Overhaul, W Reserve Launch
Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates. According to a Wednesday announcement, three main changes are coming to the […]
Wyoming Stablecoin To Launch On Hedera, Still Not Available To Purchase
The Frontier Stable Token (FRNT), a stablecoin authorized by the US state of Wyoming, will soon be available on the Hedera blockchain after its mainnet launch in August. In a Thursday notice, Hedera said the Wyoming Stable Token Commission — the body responsible for issuing the stablecoin — had selected the blockchain as a candidate […]
Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks
Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track […]
Dutch Crypto Firm seeks Bitcoin Treasury launch on Amsterdam’s Euronext
Dutch cryptocurrency service provider Amdax is preparing to launch a Bitcoin treasury firm on Amsterdam’s Euronext stock exchange, as more European companies follow US counterparts in adopting Bitcoin strategies. Amdax said Monday it is creating AMBTS B.V., a privately held company with independent governance that will operate as a stand-alone firm. AMBTS aims to become […]