XLM

Uphold adds Bitcoin support for its assisted self-custody wallet Vault

Retrieved on: 
Tuesday, April 9, 2024

LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Uphold, the global web3 financial platform, today announces bitcoin as the next asset that can be deposited into Vault - an assisted self-custody wallet that strips away the complexities in securing digital assets.

Key Points: 
  • LONDON, April 09, 2024 (GLOBE NEWSWIRE) -- Uphold , the global web3 financial platform, today announces bitcoin as the next asset that can be deposited into Vault - an assisted self-custody wallet that strips away the complexities in securing digital assets.
  • Originally, Vault supported XRP, but this addition transitions Vault into the early stages of being a truly multi-chain assisted self custody wallet.
  • Vault opens up the ultimate security of self custody to mainstream holders of bitcoin while retaining the convenience of the Uphold centralized trading venue that is one click away.
  • And, with its assisted self custody, Vault allows users to generate a new key should one be lost or compromised.

OTC Markets Group Upgrades Three Grayscale Products to OTCQX

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market.
  • Grayscale Chainlink Trust (LINK), Grayscale Livepeer Trust (LPT) and Grayscale Solana Trust (SOL) begin trading today on OTCQX under the symbols “GLNK, GLIV, and GSOL” respectively.
  • These three products will join nine other Grayscale products currently trading on OTCQX: Grayscale Bitcoin Cash Trust (BCH), Grayscale Decentraland Trust (MANA), Grayscale Digital Large Cap Fund LLC, Grayscale Ethereum Trust (ETH), Grayscale Ethereum Classic Trust (ETC), Grayscale Horizen Trust (ZEN), Grayscale Litecoin Trust (LTC), Grayscale Stellar Lumens Trust (XLM), and Grayscale Zcash Trust (ZEC).
  • To round out a total of fifteen Grayscale products on the OTC Markets, Grayscale Basic Attention Token Trust (BAT), Grayscale Decentralized Finance (DeFi) Fund LLC, and Grayscale Filecoin Trust (FIL) trade on the OTCQB Market.

Alchemy Pay Joins Stellar Ecosystem to Offer Ramp Service for Developers and dApps

Retrieved on: 
Monday, November 20, 2023

SINGAPORE, Nov. 20, 2023 /PRNewswire/ -- Alchemy Pay joins the Stellar ecosystem as a new on and off-ramp provider.

Key Points: 
  • SINGAPORE, Nov. 20, 2023 /PRNewswire/ -- Alchemy Pay joins the Stellar ecosystem as a new on and off-ramp provider.
  • This integration brings the opportunity for developers and dApps within the Stellar ecosystem to seamlessly integrate the Alchemy Pay Ramp through accessible plugins and APIs and to incorporate cost-effective fiat-crypto transition services into their platforms, which are now featured in the Stellar Anchor Directory .
  • In addition, Alchemy Pay has earned credentials from industry titans Visa and Mastercard, solidifying its status as an authorized third-party payment service provider.
  • By providing a new ramp service choice on the Stellar network, Alchemy Pay is helping to drive adoption and make crypto even more accessible to a wider audience.

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 70% YTD

Retrieved on: 
Tuesday, August 8, 2023

This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.

Key Points: 
  • This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.
  • On a monthly basis, total crypto AUM in July decreased 3.9% to $34 billion from $35.1 billion.
  • "ETPs backed by BTC are 70.1% of the total digital asset ETP market, compared to BTC's 49.8% weight in the overall digital asset market.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 70% YTD

Retrieved on: 
Tuesday, August 8, 2023

This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.

Key Points: 
  • This 70% YTD increase in AUM was a 47.2% premium to the 47.7% rise in the underlying value of digital assets.
  • On a monthly basis, total crypto AUM in July decreased 3.9% to $34 billion from $35.1 billion.
  • "ETPs backed by BTC are 70.1% of the total digital asset ETP market, compared to BTC's 49.8% weight in the overall digital asset market.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Onramp Invest Teams Up with CoinDesk Indices to Deliver Leading Crypto Indices

Retrieved on: 
Wednesday, April 19, 2023

Onramp Invest , the turnkey digital asset service for financial professionals, today announced its partnership with CoinDesk Indices (CDI) , a subsidiary of CoinDesk , the leading provider of digital asset indices by AUM since 2014.

Key Points: 
  • Onramp Invest , the turnkey digital asset service for financial professionals, today announced its partnership with CoinDesk Indices (CDI) , a subsidiary of CoinDesk , the leading provider of digital asset indices by AUM since 2014.
  • The indices available on Onramp’s flexible platform include CoinDesk Market Select Index (CMIS) , CoinDesk Defi Select Index (DFX) and CoinDesk Currency Select Index (CCYS) .
  • “We’re excited to be able to offer access to CoinDesk’s leading indices backed by powerful research and invaluable market insights,” said Eric Ervin, CEO of Onramp Invest.
  • “CDI's rules-based methodology for our indices is robust and comprehensive, which we believe provides a real value add,” said Andy Baehr, CFA, Managing Director at CoinDesk Indices.

Grayscale® Solana Trust Now Trading on OTC Markets

Retrieved on: 
Monday, April 17, 2023

STAMFORD, Conn., April 17, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager, today announced that Grayscale® Solana Trust (the “Trust”) has begun trading on OTC Markets under the symbol: GSOL.

Key Points: 
  • STAMFORD, Conn., April 17, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager, today announced that Grayscale® Solana Trust (the “Trust”) has begun trading on OTC Markets under the symbol: GSOL.
  • Solana (SOL) is the native token of the Solana Network, a smart contract platform first conceived in a 2017 whitepaper.
  • The Solana Network was designed to allow users to write and implement smart contracts which are executed on the Solana blockchain in exchange for payment of SOL.
  • Grayscale® Basic Attention Token Trust ( OTCQB: GBAT ), Grayscale® Bitcoin Trust ( OTCQX: GBTC ), Grayscale® Bitcoin Cash Trust ( OTCQX: BCHG ), Grayscale® Chainlink Trust ( OTCQB: GLNK ), Grayscale® Decentraland Trust ( OTCQX: MANA ), Grayscale® Ethereum Trust ( OTCQX: ETHE ), Grayscale® Ethereum Classic Trust ( OTCQX: ETCG ), Grayscale® Filecoin Trust ( OTCQB: FILG ), Grayscale® Horizen Trust ( OTCQX: HZEN ), Grayscale® Litecoin Trust ( OTCQX: LTCN ), Grayscale® Livepeer Trust ( OTCQB: GLIV ), Grayscale® Stellar Lumens Trust ( OTCQX: GXLM ), Grayscale® Zcash Trust ( OTCQX: ZCSH ), Grayscale® Digital Large Cap Fund ( OTCQX: GDLC ) and Grayscale® DeFi Fund ( OTCQB: DEFG ) are also publicly-quoted and available to all investors with access to U.S. securities.

Stablecorp Announces Re-Launch of QCAD, the Company's Canadian Dollar Denominated Stablecoin

Retrieved on: 
Thursday, April 13, 2023

TORONTO, April 13, 2023 /PRNewswire/ -- Stablecorp, a leading digital asset infrastructure company, today announced the "re-launch" of QCAD, its Canadian Dollar denominated stablecoin. QCAD is issued by Stablecorp Digital Currencies Inc ("SDC"), a wholly owned subsidiary of Stablecorp dedicated exclusively to operating and managing the reserves of the stablecoin. In order to maintain the one Canadian Dollar value of each QCAD, SDC will maintain reserves of cash and cash equivalents equal to or greater than the amount of QCAD in circulation on public blockchains. Initially, QCAD will be available on the Ethereum ("ETH"), Stellar ("XLM") and Algorand ("ALGO") blockchains.

Key Points: 
  • TORONTO, April 13, 2023 /PRNewswire/ -- Stablecorp, a leading digital asset infrastructure company, today announced the "re-launch" of QCAD, its Canadian Dollar denominated stablecoin.
  • QCAD is issued by Stablecorp Digital Currencies Inc ("SDC"), a wholly owned subsidiary of Stablecorp dedicated exclusively to operating and managing the reserves of the stablecoin.
  • Tetra has opened an "In Trust For" account with a Canadian financial institution dedicated strictly to holding reserves of QCAD.
  • Authorized Dealers will also be able to purchase and sell QCAD for US Dollar fiat or the US Dollar stablecoin USDC.

Halving Token (HLT) Launches Groundbreaking Decentralized Platform with Daily Economic Incentives and HLT Virtual Prepaid Card for Universal Payment Solutions in DeFi Communities Globally

Retrieved on: 
Thursday, March 9, 2023

This innovative new way of staking provides profit sharing to all HLT communities based on daily total sales, making it a powerful tool for decentralized finance (DeFi) users worldwide.

Key Points: 
  • This innovative new way of staking provides profit sharing to all HLT communities based on daily total sales, making it a powerful tool for decentralized finance (DeFi) users worldwide.
  • With a global payment network, HLT's platform is designed for universal payment solutions that support crypto conversion, high security standards, and crypto-based spending.
  • The upcoming HLT Virtual Prepaid Card is a prime example of this, offering a secure and convenient way for users to spend their digital assets.
  • "Our daily economic incentives and HLT Virtual Prepaid Card are just the beginning of what we have in store for our community, as we continue to innovate and provide solutions for DeFi users worldwide."

Wirex Wallet Becomes World's First Non-Custodial Wallet Without Seed Phrase Vulnerability to Launch Stellar Blockchain

Retrieved on: 
Monday, February 20, 2023

LONDON, Feb. 20, 2023 /PRNewswire/ -- Wirex has become the world's first non-custodial wallet without seed phrase vulnerability to launch the Stellar blockchain.

Key Points: 
  • LONDON, Feb. 20, 2023 /PRNewswire/ -- Wirex has become the world's first non-custodial wallet without seed phrase vulnerability to launch the Stellar blockchain.
  • The addition will see XLM and USDC on Stellar added to the Wirex Wallet .
  • Today's integration adds to the eight other blockchains already available on the Wirex Wallet, including BTC, ETH and AVAX.
  • XLM and USDC on Stellar will be available from today in the Wirex Wallet.