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.
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
“DigiFT is the first exchange with an automatic market making mechanism to have been admitted into the MAS FinTech Regulatory Sandbox,” said founder Henry Zhang.
The combined market value of cryptocurrencies is the highest since May 2022, when Terra’s collapse marked the beginning of the crypto winter.
SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.
MicroStrategy held nearly 175,000 bitcoins in its treasury as of the end of November.
The exchange said it plans to use the license to offer e-money products in the U.K.
The latest price moves in crypto markets in context for Dec. 4, 2023.
“We have no intention of selling,” Bukele added.
Jenny Johnson added she believes a spot bitcoin exchange-traded fund (ETF) will be a better way of gaining BTC exposure as opposed to direct investment.
In March, India’s Finance Ministry mandated that crypto businesses will have to register with the Financial Intelligence Unit (FIU).