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SEC Kicks the Bitcoin ETF Down the Road Again, Legal NFT Battle + More News


f="https://www.sec.gov/rules/sro/nasdaq/2021/34-93172.pdf">citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of the ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust, and Kryptoin Bitcoin ETF - ha

Egyptian Banks Set to Launch Multi-Million Dollar Fintech Fund


Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services sector. Fintech Apps Targeted Fintech apps that...

Ripple Launches $250 Million Creator Fund Bringing NFTs to Ledger


Ripple has announced a $250 million Creator Fund to let developers experiment with novel uses for NFTs on the XRP Ledger (XRPL). Ripple, in its statement, said that as part of the APEX 2021, XRP Ledger’s Developer Summit, the fund would allow creators to connect with the communities they work...

Swiss Fintech Launches Country’s First Regulated Crypto Asset Fund


fund tracks the performance of the Crypto Market Index 10 which is administered by the Zurich-based SIX Swiss Exchange. The index follows and measures the performance of the world’s top 10 cryptoassets by market capitalization.“The investment fund enables clients of innovative wealth and asse

Cardano to Invest $100 Million to Fund Decentralized Finance Projects


Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing...

SundaeSwap Labs Raises $1.3 Million Seed Fund From CFund


SundaeSwap Labs, decentralized finance (DeFi) platform company, said today that it secured $1.3 million in a seed funding round by cFund, a Blockchain industry early-stage startup capital fund. SundaeSwap Labs is a software business working on a suite of tools that would enable Cryptocurrency...

Osprey Launches First-Ever Polygon Fund in the US


Osprey Funds launches the first-ever Polygon fund in the United States, the Osprey Polygon Trust. It was the digital asset management firm’s fifth investment product of 2021. Polygon is among the most well-established protocols with more than 7 billion dollars in market cap. The protocol is known...

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