Neutrl has opened a redemption program whose Ethereum contract pays 0.51 $USDC per NUSD, giving holders an exit at a 49% shortfall …
Copyright © Sovereign Wealth Signals
Tag:
Redemptions
-
-
Markets
Robinhood plans share redemptions, voting rights for stock tokens, after criticism
by shayaanby shayaanCEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights. www.coindesk.com
-
Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving …
-
Regulation
SEC acknowledgment boosts chances for spot Litecoin ETF, in-kind redemptions for Bitcoin ETF
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) has acknowledged two key filings: an amendment for Grayscale’s proposed spot Litecoin (LTC) exchange-traded fund …
-
Scams
BlackRock Bitcoin ETF Could Enable In-Kind BTC Redemptions: Nasdaq Filing
by shayaanby shayaanBlackRock’s iShares Bitcoin Trust ETF could receive a significant update, per a Friday 19b-4 form filing from Nasdaq, which proposed a rule …
-
Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to …