Crypto VC firm Foresight Ventures has committed $25 million to support early-stage blockchain initiatives on BNB Chain. Singapore-based crypto venture capital firm Foresight Ventures will invest up to $25 million in projects on BNB Chain through 2025 as part of…
Canary Capital has launched the Canary AXL Trust for institutional investors to gain exposure to the Axelar native token, AXL, which jumped 12.5% after the news. According to the press release, the Canary AXL Trust is meant to be a…
Crypto-focused asset manager Grayscale has announced the creation and launch of the Grayscale Pyth Trust. Pyth Trust is a single-asset crypto investment fund designed to offer exposure to Pyth Network (PYTH), the native governance token of the oracle network’s ecosystem. …
Crypto investment products registered $1. 3 billion in inflows last week. Ethereum outpaced Bitcoin with $793 million compared to $407 million. Digital asset investment products notched $1. 3 billion in inflows the past week.
Coinbase, the U.S.-based cryptocurrency exchange, has acquired the Cyprus unit of BUX, now rebranded as Coinbase Financial Services Europe. The acquisition grants Coinbase a Cyprus Investment Firm license under the Cyprus Securities and Exchange Commission, allowing it to offer contracts…
THENA secures strategic investment from Binance Labs to drive DeFi innovation. THENA (THE), a decentralized exchange and liquidity mechanism on the BNB Chain, has secured investment from Binance Labs, the venture financing and incubator arm of Binance. Launched in Jan.…
Binance has shared its perspective on two key strategies for crypto investing: dollar-cost averaging and HODLing. The advice, published on the company’s blog, aims to guide investors through the volatile cryptocurrency market with a focus on long-term success. According to…