Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain
The move was part of zkSync developer Matter Labs’ long-term goal to move its treasury reserves to a blockchain.
The move was part of zkSync developer Matter Labs’ long-term goal to move its treasury reserves to a blockchain.
The settlement comes days after a New York judge denied motions by Genesis and crypto exchange Gemini to stop the SEC case.
Paradigm, the Crypto Council for Innovation and others weighed in to support Coinbase’s effort to push the U.S. securities regulator for crypto rules.
The firm partnered with CFTC-approved exchange Bitnomial to offer cash-settled hashrate futures.
The company now holds approximately 214,246 bitcoins, which is more than 1% of all the 21 million of the tokens that will ever exist
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.
The project seeks to be a hub for RWAs in the Cosmos ecosystem.
The Galaxy Ventures-backed project expects its “Rehype” liquidity pools could generate mid-double digit returns, developers said.
The latest price moves in crypto markets in context for March 19, 2024.
The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.