ETH

Eaglebrook Advisors Introduces Managed Bitcoin and Ethereum Separately Managed Account Strategy in Partnership with Franklin Templeton

Retrieved on: 
Tuesday, March 26, 2024

Eaglebrook , a digital asset investment platform that provides registered investment advisors (RIAs) with direct access to bitcoin and other digital assets, today announces the launch of the Franklin Templeton Digital Asset Dynamic BTC/ETH separately managed account (SMA) strategy.

Key Points: 
  • Eaglebrook , a digital asset investment platform that provides registered investment advisors (RIAs) with direct access to bitcoin and other digital assets, today announces the launch of the Franklin Templeton Digital Asset Dynamic BTC/ETH separately managed account (SMA) strategy.
  • Digital Asset SMAs offer investors a broader spectrum of assets beyond bitcoin, and with this professionally managed offering from Franklin Templeton, advisors working with high-net-worth (HNW) investors can provide an option for greater tax optimization.
  • “Franklin Templeton has been actively involved in building and investing in the digital assets ecosystem since 2018,” said Tony Pecore , SVP, director of digital asset management at Franklin Templeton.
  • In 2022, Franklin Templeton introduced two digital asset SMA strategies via the Eaglebrook platform: the Franklin Templeton Digital Assets Core and the Franklin Templeton Digital Assets Core Capped .

Ethena’s Synthetic Dollar USDe Exceeds $1B Supply

Retrieved on: 
Tuesday, March 19, 2024

Just one month after Ethena Labs launched USDe, a crypto-native synthetic dollar, the total supply has exceeded 1 billion.

Key Points: 
  • Just one month after Ethena Labs launched USDe, a crypto-native synthetic dollar, the total supply has exceeded 1 billion.
  • This is the fastest time period in which a dollar based crypto asset has reached 1 billion dollars into mainnet.
  • Backed by Dragonfly, BitMEX founder Arthur Hayes and every major derivative exchange in crypto, Ethena’s synthetic dollar USDe was brought to market alongside the value accruing “Internet Bond” sUSDe.
  • While USDe is a comparable asset to traditional stablecoins in certain aspects, the launch of USDe marks the debut of a new unique digital asset class: the synthetic dollar.

Ordibank Integrates with Portal DeFi for Bitcoin-Based Lending and Borrowing Through Trustless Cross-Chain Swaps

Retrieved on: 
Tuesday, March 19, 2024

Portal is the first trust-minimized, cross-chain swaps that involve no bridges, custody, or wrapping.

Key Points: 
  • Portal is the first trust-minimized, cross-chain swaps that involve no bridges, custody, or wrapping.
  • This will unlock custodian-less cross-chain swap functionality for Ordibank, bringing with it fresh inbound liquidity and transaction volume via non-Bitcoin chains into Ordibank’s Bitcoin-based money market platform.
  • The integration with Portal will extend the capabilities of our lending and borrowing to different chains without any of the complications associated with bridges.
  • This also means that CBTC is purchasable outside of Ordibank’s ecosystem in any app or marketplace powered by Portal Swaps.

Leading the Charge in Crypto Index Innovation: MarketVector and Figment Redefine Investment Standards for Staking ETPs

Retrieved on: 
Tuesday, March 12, 2024

The two ETPs, Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) will provide investors exposure to ETH and SOL prices and additional staking rewards.

Key Points: 
  • The two ETPs, Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) will provide investors exposure to ETH and SOL prices and additional staking rewards.
  • The index measures the price performance of ETH along with the staking rewards earned by the product, using Figment's leading network-wide rewards indexing capabilities.
  • “This new index signals the industry-first availability asset managers and advisors have to customizable access to staking rewards,” he continued.
  • “By leveraging our jointly developed index, Figment is introducing two ETPs that offer unparalleled access to staking rewards with the highest level of transparency currently available in the market,” he added.

Bit Digital, Inc. Announces Monthly Production Update for March 2024

Retrieved on: 
Wednesday, April 3, 2024

The BTC equivalent[2] of our digital asset holdings as of March 31, 2024, was approximately 1,790.2 or approximately $127.7 million.

Key Points: 
  • The BTC equivalent[2] of our digital asset holdings as of March 31, 2024, was approximately 1,790.2 or approximately $127.7 million.
  • Bit Digital earned a blended APY of approximately 2.8% on its staked ETH position for the month of March 2024.
  • As of March 31, 2024, the Company had 251 servers actively generating revenue from its initial Bit Digital AI contract.
  • The Company earned an estimated $4.3 million of unaudited revenue from this contract during the month of March 2024.

Video Streaming Company Rad Announces Collaboration with Sony Electronics Inc., Bringing the Power of Blockchain to Sony's BRAVIA®TV

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 3, 2024 /PRNewswire/ -- Rad , the next-generation video streaming platform, is excited to announce a marketing collaboration with Sony Electronics .

Key Points: 
  • NEW YORK, April 3, 2024 /PRNewswire/ -- Rad , the next-generation video streaming platform, is excited to announce a marketing collaboration with Sony Electronics .
  • This collaboration marks a deeper engagement with Sony Electronics, an existing investor in Rad through Sony Innovation Fund, evolving from Virtual Reality (VR) to more of an innovation collaborator across Sony devices.
  • Tony Mugavero, CEO of Rad said, "Our collaboration with Sony Electronics completely changes how content is consumed and published by studios and creators on TVs.
  • Through this ground-breaking collaboration, Rad and Sony Electronics are setting a new benchmark in the digital entertainment industry, demonstrating how innovative technology can revolutionize content consumption and distribution.

Video Streaming Company Rad Announces Collaboration with Sony Electronics Inc., Bringing the Power of Blockchain to Sony's BRAVIA®TV

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 3, 2024 /PRNewswire/ -- Rad , the next-generation video streaming platform, is excited to announce a marketing collaboration with Sony Electronics .

Key Points: 
  • NEW YORK, April 3, 2024 /PRNewswire/ -- Rad , the next-generation video streaming platform, is excited to announce a marketing collaboration with Sony Electronics .
  • This collaboration marks a deeper engagement with Sony Electronics, an existing investor in Rad through Sony Innovation Fund, evolving from Virtual Reality (VR) to more of an innovation collaborator across Sony devices.
  • Tony Mugavero, CEO of Rad said, "Our collaboration with Sony Electronics completely changes how content is consumed and published by studios and creators on TVs.
  • Through this ground-breaking collaboration, Rad and Sony Electronics are setting a new benchmark in the digital entertainment industry, demonstrating how innovative technology can revolutionize content consumption and distribution.

Relm Insurance Launches Web3 Product Suite

Retrieved on: 
Wednesday, April 3, 2024

HAMILTON, Bermuda, April 3, 2024 /PRNewswire/ -- Relm Insurance ("Relm"), a leading specialty insurance carrier supporting emerging and innovative industries, today announced the release of a novel product suite, providing tailored, end-to-end insurance coverage for clients immersed in Web3 technologies.

Key Points: 
  • HAMILTON, Bermuda, April 3, 2024 /PRNewswire/ -- Relm Insurance ("Relm"), a leading specialty insurance carrier supporting emerging and innovative industries, today announced the release of a novel product suite, providing tailored, end-to-end insurance coverage for clients immersed in Web3 technologies.
  • "Given our deep experience in Web3, we now have the tool kit and IP to maximize the accessibility of the most important insurance coverages that companies operating in Web3 will need to scale their business," said Joseph Ziolkowski, Relm CEO and Founder.
  • "We took a consultative approach to creating these products, leveraging dialogue with our clients and practitioners to meet the idiosyncratic risk transfer needs of companies utilizing Web3 technologies," said Claire Davey, Head of Product Innovation & Emerging Risk at Relm.
  • "We are proud of this product suite and believe that its thoughtful and specific approach will ensure the relevancy of the insurance industry in the landscape of rapidly evolving risk.

Relm Insurance Launches Web3 Product Suite

Retrieved on: 
Wednesday, April 3, 2024

HAMILTON, Bermuda, April 3, 2024 /PRNewswire/ -- Relm Insurance ("Relm"), a leading specialty insurance carrier supporting emerging and innovative industries, today announced the release of a novel product suite, providing tailored, end-to-end insurance coverage for clients immersed in Web3 technologies.

Key Points: 
  • HAMILTON, Bermuda, April 3, 2024 /PRNewswire/ -- Relm Insurance ("Relm"), a leading specialty insurance carrier supporting emerging and innovative industries, today announced the release of a novel product suite, providing tailored, end-to-end insurance coverage for clients immersed in Web3 technologies.
  • "Given our deep experience in Web3, we now have the tool kit and IP to maximize the accessibility of the most important insurance coverages that companies operating in Web3 will need to scale their business," said Joseph Ziolkowski, Relm CEO and Founder.
  • "We took a consultative approach to creating these products, leveraging dialogue with our clients and practitioners to meet the idiosyncratic risk transfer needs of companies utilizing Web3 technologies," said Claire Davey, Head of Product Innovation & Emerging Risk at Relm.
  • "We are proud of this product suite and believe that its thoughtful and specific approach will ensure the relevancy of the insurance industry in the landscape of rapidly evolving risk.

Volmex Global Licenses Volatility Indices to Bitfinex Derivatives

Retrieved on: 
Wednesday, April 3, 2024

GEORGE TOWN, Cayman Islands, April 3, 2024 /PRNewswire/ -- Volmex Global, a wholly-owned subsidiary of Volmex Labs, the creator of leading crypto volatility indices, the BVIV (Bitcoin Volmex Implied Volatility) and EVIV (Ethereum Volmex Implied Volatility) Indices, is pleased to launch the first perpetual futures contracts on BTC and ETH implied volatility indices on Bitfinex Derivatives.

Key Points: 
  • GEORGE TOWN, Cayman Islands, April 3, 2024 /PRNewswire/ -- Volmex Global, a wholly-owned subsidiary of Volmex Labs, the creator of leading crypto volatility indices, the BVIV (Bitcoin Volmex Implied Volatility) and EVIV (Ethereum Volmex Implied Volatility) Indices, is pleased to launch the first perpetual futures contracts on BTC and ETH implied volatility indices on Bitfinex Derivatives.
  • The BVIVF0:USTF0 and EVIVF0:USTF0 perpetual futures contracts launched on Bitfinex Derivatives track the 30-day expected volatility of Bitcoin and Ether options per the Volmex Implied Volatility Indices methodology.
  • Volmex Labs is the creator of the Volmex Implied Volatility Indices, the BVIV Index (Bitcoin Volmex Implied Volatility), and the EVIV Index (Ethereum Volmex Implied Volatility) - the first and leading crypto volatility indices.
  • Volmex Implied Volatility Index data is available on leading platforms, including TradingView and CoinMarketCap.