Search results for Zero Hash
Crypto
Morgan Stanley expands crypto product lineup with Ethereum, Solana ETPs
Morgan Stanley Investment Management has launched exchange-traded products tracking ether and solana, expanding a cryptocurrency product lineup that had been limited to bitcoin. The new products are Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust. They trade on NYSE Arca as MSSE and MSOL and track benchmark settlement prices set at 4 p.m. in New York. The firm plans to stake some assets and pass rewards to investors.
Crypto
Morgan Stanley\'s E*Trade partners with Zero Hash to start spot cryptocurrency trading
Morgan Stanley\'s online investment platform E*Trade has started spot cryptocurrency trading for eligible retail clients, offering bitcoin, ether and solana. The service is provided through a partnership with crypto infrastructure company Zero Hash. Eligible customers can buy, sell and hold cryptocurrencies on E*Trade and view holdings alongside traditional assets. Transfers of digital assets into and out of the platform are expected to be added by year-end.
Crypto
Polygon seeks up to $100 million investment, targets stablecoin payments business
Polygon Labs is negotiating to raise up to $100 million to build a stablecoin payments business, The Information reported, citing people familiar with the matter. Instead of selling Polygon tokens, it plans to sell $50 million to $100 million worth of equity in the new venture. The business aims to generate revenue from transaction fees and increase transaction volume on the Polygon blockchain, competing with Stripe, Coinbase and others.