Each GromaCoin, or GRO, represents an equity stake in the trust, which owns and operates a portfolio of multifamily residential properties, according …
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Tag:
Redemption
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In brief Canada’s draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in …
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Markets
Bitwise Dogecoin ETF Reaches Scheduled Liquidation As Holders Face Cash Redemption
by shayaanby shayaanTL;DR: Bitwise’s BWOW Dogecoin ETF reached its announced October 22 liquidation distribution date, with remaining shareholders due cash based on the fund’s …
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DeFi
OKX Europe’s LYUSDC token, backed by vault migration, cuts USDC Earn redemption wait to hours
by shayaanby shayaanToken issuance and representation Each unit of LYUSDC stands for one unit of staked $USDC and can be redeemed back to $USDC …
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Adoption
Standard Chartered Becomes First G-SIB To Offer Direct USDC Minting And Redemption For Institutions
by shayaanby shayaanThe custody and settlement plumbing of institutional crypto just got a meaningful upgrade. Standard Chartered has partnered with Circle to let its …
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Altura will begin winding down its stablecoin yield vault after a sharp rise in withdrawal requests over the weekend. CEO Ranveer Arora …
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Finance
Tok-Edge Unveils Redemption Token Ahead of Fund Launch, Confirms $15M Valuation
by shayaanby shayaanTok-Edge has unveiled the Redemption Token, a new cryptoasset structure tied to redemptions in its upcoming fund. The firm also confirmed a …
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Finance
21Shares files in-kind redemption proposal for Bitcoin and Ethereum ETFs
by shayaanby shayaanThe filing follows a similar request from Nasdaq for BlackRock’s iShares Bitcoin Trust, which also seeks to implement in-kind redemption. BlackRock’s ETF …
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In a latest development, MicroStrategy known for its significant Bitcoin investments and its exceptional 727% return over the past year, has issued …