Coinbase Derivatives said it will introduce a new type of equity index futures contract later this month, offering investors exposure to both leading U.S. technology stocks and cryptocurrency exchange-traded funds (ETFs) in a single product. Launching Sept. 22, the Mag7 + Crypto Equity Index Futures will be the first U.S.-listed derivatives contracts to combine traditional
Blockchain-focused lender Figure Technology Solutions is aiming to raise $526 million in its initial public offering (IPO), underscoring the growing trend of crypto and blockchain firms pursuing public listings amid the bull market. According to regulatory filings submitted Tuesday and reported by Bloomberg Law, Figure plans to sell 21.5 million shares in the $18 to
Shenzhen Futian Investment Holdings (SFIH) issued an RWA-based digital bond on Ethereum, raising $700 million with Fitch’s A- rating in Hong Kong. On August 29, the digital bond was listed in the Shenzhen and Macau markets. This is the first time tokenized securities based on a public blockchain have been allowed on traditional exchanges. First
Bank of China’s Hong Kong-listed shares jumped 6.7% on Monday to close at HKD 37.580, after local reports suggested the lender’s city unit is preparing to apply for a stablecoin issuer license. The move comes just weeks after Hong Kong rolled out one of the world’s first dedicated licensing frameworks for fiat-referenced stablecoins on August
Tokenized stocks, a new breed of digital assets mirroring the prices of listed companies, could give investors a false sense of ownership and undermine market confidence, according to a top European regulator. Natasha Cazenave, executive director of the European Securities and Markets Authority (ESMA), cautioned that many tokenized stock products being marketed in the European
European Securities and Markets Authority (ESMA) executive, Natasha Cazenave, has raised an issue regarding how tokenized stocks are being presented to investors, warning that it could lead to misunderstandings. The European Securities and Markets Authority continues to maintain that while financial innovation can offer benefits, it must not come at the expense of market stability.
A truly monumental announcement from the cryptocurrency world is poised to send ripples across the market. Andrei Grachev, the visionary founder of DWF Labs, has revealed an astonishing plan: a colossal $250 million DWF Labs USD1 conversion. This significant move is set to coincide with the much-anticipated exchange listing of WLFI, a project in which
The European Union’s securities watchdog has said tokenization has the potential to greatly transform markets and that the EU must ensure it keeps pace with developments in the United States and the United Kingdom. Summary ESMA says tokenization key trend in the capital markets. The EU can tap into Markets in Crypto Assets regulation to