By Shikha Singh
21Shares Expands Its Crypto ETP Offering with Future of Crypto Index Launch in Europe.
21Shares, a renowned cryptocurrency ETP issuer, is launching its Future of Crypto Index ETP (FUTR) in Europe.
The business previously asked the European Securities and Markets Authority (ESMA) to amend UCITS fund regulations for retail investors to incorporate crypto assets.
China to Sell $1.3 bn of Ethereum From Seized PlusToken Scheme.
China is ready to sell $1.3 billion worth of Ether (ETH) confiscated from the PlusToken Ponzi scam after the wallet moved for the first time since 2021.
About 7,000 of the 542,000 ETH stolen has been moved to trading platforms, suggesting selling pressure might send ETH below $2,400.
Stripe Reinstates Crypto Payments For US Businesses via USDC on Ethereum, Solana and Polygon.
Stripe now lets U.S. retailers take USDC via Ethereum, Solana, and Polygon. Stripe returned to crypto after supporting Bitcoin payments from 2014 until 2018, when demand dropped.
Companies may now accept USDC payments from clients in over 150 countries and get dollars. The connection allows checkout, subscription, and other payment options. Stripe plans to start USDC payments in October after delays this summer.
Ripple Launches Digital Asset Custody Services For Banks And Fintech.
Ripple Custody now offers digital asset storage to banks and fintech organizations.
This endeavor involves XRP Ledger integration, operational and regulatory settings, and AML risk monitoring.
Ripple may now enable digital asset investing institutions beyond payment settlements.
VanEck Shifts Focus to Fintech and AI Startups.
VanEck Ventures, a $30 million venture capital firm, targets early-stage fintech, digital assets, and AI businesses. The fund, led by former Circle Ventures executives Wyatt Lonergan and Juan Lopez, would invest $500,000 to $1 million in 25–30 pre-seed and seed businesses.
Fetch.ai Opens New Lab In London.
Fetch.ai and the I-X research institution opened an innovation center at Imperial College London’s White City Campus. This lab will advance AI, machine learning, and autonomous systems to solve global problems via industry, academia, and students.
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