Mavryk Network Raises $10M for UAE Real-Estate Tokenization Plans

MANTRA has just upgraded its mainnet to support both Ethereum Virtual Machine (EVM) and CosmWasm, marking a significant step forward for its blockchain. This upgrade is crucial as it opens the door for institutional tokenization and enhances the development of cross-ecosystem decentralized applications (dApps). By integrating these technologies, MANTRA is positioning itself as a versatile platform in the blockchain space, which could attract more developers and users, ultimately driving innovation and growth.

The UK is looking to strengthen its relationship with the US regarding cryptocurrency, aiming to create a more crypto-friendly environment that could enhance industry innovation and attract more investment to Britain. This move is significant as it reflects a growing recognition of the importance of the crypto sector in the global economy and could position the UK as a leader in this rapidly evolving market.

Bitwise has filed for a Stablecoin & Tokenization ETF with the US SEC, aiming to track companies involved in the growing sectors of stablecoins and tokenization. This move comes as demand for on-chain assets is increasing under new regulations in the US, highlighting the evolving landscape of digital finance and the potential for investors to gain exposure to innovative financial products.

Bitwise is making significant strides in the world of finance by focusing on stablecoins and tokenization ETFs. This move is important as it reflects the growing acceptance of digital assets in traditional finance, potentially offering investors new opportunities and enhancing market liquidity. As Bitwise continues to innovate, it could pave the way for more mainstream adoption of cryptocurrencies and blockchain technology.

Bitwise has filed for a stablecoin and tokenization ETF, aiming for a Thanksgiving launch. This fund will track companies benefiting from stablecoin adoption and asset tokenization.

Editor’s Note: This development is significant as it highlights the growing interest in stablecoins and tokenization in the financial market. A successful launch could pave the way for more investment opportunities in this emerging sector.

Bitwise has filed for a Stablecoin and Tokenization ETF, aiming to invest in both stocks and crypto assets. This move could enhance the mainstream acceptance of digital assets.

Editor’s Note: This filing is significant as it represents a step towards integrating traditional finance with the growing world of cryptocurrencies, potentially attracting more investors to digital assets.

Fidelity Digital Assets predicts that by 2032, 42% of the Bitcoin supply will be illiquid, totaling 8.3 million BTC. This suggests that Bitcoin could become increasingly scarce.

Editor’s Note: This forecast is significant as it indicates a potential increase in Bitcoin's value due to its scarcity. Investors and market analysts will be closely watching these trends as they could impact the cryptocurrency market.

Bitwise has filed for SEC approval to launch a spot Avalanche ETF, joining other asset managers in offering regulated investment options for Avalanche exposure.

Editor’s Note: This move is significant as it reflects the growing interest in Avalanche as an investment asset. Approval from the SEC could pave the way for more institutional investment in cryptocurrencies, enhancing market legitimacy.

The London Stock Exchange Group has launched a blockchain-based platform for private funds, completing its first live transaction. This innovation aims to enhance tokenization and speed up settlement processes in traditionally slow fund markets.

Editor’s Note: This development is significant as it represents a major step towards modernizing financial markets. By leveraging blockchain technology, the London Stock Exchange is not only improving efficiency but also paving the way for more innovative financial products.

A crypto wallet linked to the infamous $300 million Coinbase hack has resurfaced, acquiring nearly $19 million in Ethereum. This alarming activity raises concerns about ongoing crypto crime.

Editor’s Note: The resurgence of this wallet highlights the persistent issues of security and crime in the cryptocurrency space. As authorities like the UAE ramp up efforts to combat crypto-related crimes, incidents like this underscore the challenges they face.

Bitcoin ETFs have attracted a remarkable $2.34 billion in weekly inflows, while Ether ETFs have seen an additional $638 million. This surge indicates growing investor confidence in cryptocurrency markets.

Editor’s Note: The significant inflow into Bitcoin and Ether ETFs highlights a positive trend in the cryptocurrency investment landscape. As more investors turn to these financial products, it reflects a broader acceptance and trust in digital assets, which could lead to further market growth.

REX Shares has generated excitement in the crypto world by announcing the anticipated approval of its Dogecoin and XRP exchange-traded funds (ETFs) by the US SEC. Set to launch on September 18, these ETFs, named REX-Osprey XRP ETF and REX-Osprey DOGE ETF, are expected to attract significant investor interest, potentially boosting the market for these cryptocurrencies. This development is crucial as it could pave the way for more institutional investment in the crypto space, signaling a growing acceptance of digital assets in mainstream finance.

Nakamoto, led by David Bailey, is moving forward with plans to acquire BTC Inc in an all-stock deal after successfully completing the company's audit. This acquisition is significant as it highlights Nakamoto's growth strategy and confidence in BTC Inc's potential, which could lead to exciting developments in the cryptocurrency sector.

P2P.org has officially become a validator on the $4 trillion Canton Network, marking a significant milestone in the evolution of institutional blockchain infrastructure. This development highlights the growing acceptance and integration of blockchain technology in mainstream finance, which could lead to more secure and efficient transactions in the future.

Bitcoin's volatility is expected to increase following today's Federal Open Market Committee (FOMC) meeting, but analysts suggest that this won't lead to a significant directional shift in the market. Instead, it indicates that Bitcoin may continue to trade within its current range for the next few days. This is important for investors as it suggests a period of stability amidst the usual fluctuations in the cryptocurrency market.

Tokyo's Metaplanet has launched a new subsidiary in Miami aimed at enhancing Bitcoin income opportunities. This move is significant as it reflects the growing interest in cryptocurrency and the expansion of blockchain technology into new markets. By establishing a presence in Miami, Metaplanet is positioning itself to tap into the vibrant tech scene and attract investors, which could lead to increased innovation and economic growth in the region.

Uphold, a digital financial service platform, has revealed that it holds a staggering 1.59 billion XRP, which is entirely owned by its customers. This announcement from CEO Simon McLoughlin has surprised the crypto community, as it clarifies misconceptions about the ownership of these tokens. This transparency is significant as it reinforces trust in Uphold and highlights the importance of customer ownership in the cryptocurrency space.