Search results for institutional investors
Crypto
Dogecoin ETF posts biggest weekly outflow since August as demand cools
Dogecoin spot exchange-traded funds posted a weekly net outflow of $538,000 last week, the biggest weekly outflow since mid-August. The funds have struggled to attract clear inflows amid a broader decline in the cryptocurrency market, with weekly net inflows scarce in recent months and investor participation slowing. Dogecoin traded around $0.07553 on Oct. 24 and fell 5.62 percent over 24 hours.
Crypto
Necta Group raises $5 million seed funding for HoneyB bitcoin yield platform
Necta Group, which develops the HoneyB bitcoin yield platform, has raised $5 million in a seed funding round. The Block reported that Portal Ventures led the investment, joined by Pier Venture Partners, Anchorage Digital Ventures, family offices and angel investors. Necta Group received the investment through a SAFE structure with token warrants on a one-to-one basis. HoneyB lets bitcoin holders borrow stablecoins against bitcoin and invest in assets including U.S. Treasuries.
AI & Enterprise
Hancom targets U.S. small businesses with AI workforce platform
Hancom said it introduced its AI workforce platform, Nomadian, to local institutional investors during U.S. corporate briefings held in New York and Chicago in October. CEO Kim Yeon-su (김연수) and CTO Jung Ji-hwan (정지환) held one-on-one meetings and demonstrated the platform, the company said. Hancom plans to target U.S. businesses with fewer than 10 employees and solo entrepreneurs, aiming first at 5.21 million firms already using or paying for AI.
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Crypto
HSBC launches first Hong Kong dollar stablecoin RedCoin for retail customers
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Crypto
Bitcoin ETF flows track price trends rather than signal direction, analysis finds
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Crypto
JPMorgan launches two tokenised money market funds on Solana
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Crypto
Bitcoin shifts from speculative asset to institutional treasury strategy, drawing Wall Street attention
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Crypto
Bitcoin hashrate recovers 45 percent; CryptoQuant calls it an indirect bullish signal
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Crypto
Visa weighs $2.5 billion bid for Fireblocks
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Crypto
Ethereum spot ETF outflows accelerate, wiping out September inflows
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Crypto
Ripple launches 24/7 stock trading for institutions, supports RLUSD-backed loans
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AI & Enterprise
Sam Altman sees AI race endgame in international oversight, industry consolidation or dominance by one company
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Crypto
Ripple launches RLUSD trading on Turkiye custody platform Inveo Kripto
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Crypto
Ex-FTX COO slams Netflix FTX collapse drama, says she stopped watching after 30 seconds
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People & Appointments
Hana Bank named South Korea\'s best custodian bank by Euromoney
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AI & Enterprise
The Hyoosik raises 65 billion won pre-IPO funding to expand into 3-4-star hotels
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Crypto
Circle revises USDC redemption fees; standard free, express 0.05 percent
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Crypto
Ripple targets financial infrastructure with RLUSD to expand XRP Ledger payments