Category: Token Trends
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Western Union’s $1.4B Intermex deal advances Ripple and XRP in global payments
Western Union acquired Intermex for $1.4 billion, boosting Ripple and XRP adoption in cross-border payments, involving 150 countries and 500K agents.
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Transak raises $16 million from Tether and IDG Capital for stablecoin expansion
Transak secured $16 million from Tether and IDG Capital to enhance stablecoin payments, targeting global expansion and infrastructure development in 2024.
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OKX upgrades X Layer and burns 65M OKB tokens in Q2 2024
OKX announces X Layer upgrade and plans to burn 65,256,712.097 OKB tokens, enhancing scalability and reducing supply in Q2 2024.
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Addressable User Radar enhances Web3 marketing with Ethereum and Solana integration
Addressable launched User Radar, a Web3 marketing tool, tracking 1M+ wallets, integrating Ethereum and Solana, enhancing targeted campaigns with on-chain data.
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Pantera Capital invests $300M in crypto treasury firms for higher yields than ETFs
Pantera Capital invested $300M in crypto treasury firms, expecting yields to surpass ETFs. Bitcoin and Ethereum are key assets in this strategy.
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KuCoin integrates UBS collateral for RWA expansion in 2024
KuCoin adds UBS-backed collateral to RWA offerings, expanding access to tokenized assets. The platform now supports over 50 digital assets with $10B in transactions.
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Grayscale files for spot Cardano and Hedera ETFs in 2024
Grayscale explores spot ETFs for Cardano (ADA) and Hedera (HBAR), joining Bitcoin and Ethereum. ADA trades at $0.45, HBAR at $0.08 amid SEC scrutiny.
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Fonte Capital debuts Central Asia’s first spot Bitcoin ETF with $50M target
Fonte Capital introduces Central Asia’s first spot Bitcoin ETF, targeting $50M AUM, with BTC at $42,000 and involvement from Kazakhstan regulators.
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Pantera invests $20M in Openmind with Solana Ventures and Polygon Studios
Pantera led a $20M funding round for Openmind, a blockchain platform, with participation from Solana Ventures and Polygon Studios, boosting Web3 infrastructure development.
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Trump-backed ALT5 Sigma raises $1.5 billion for WLFI treasury strategy
ALT5 Sigma secured $1.5 billion funding, backed by Trump, to launch WLFI treasury strategy, focusing on digital assets and institutional investments.
