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Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house
The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets. News COINTELEGRAPH IN YOUR SOCIAL FEED US-based crypto exchange Kraken has agreed to acquire Backed Finance AG, the company behind the issuance of xStocks, adding to a string of acquisitions the exchange has made this…
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Cathie Wood still bullish on $1.5M Bitcoin price target: Finance Redefined
Bitcoin recovered after four consecutive weeks in the red, surpassing the key $89,600 flow-weighted cost basis of Bitcoin ETF holders, the most significant cohort driving BTC inflows. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED This week, cryptocurrency markets staged a long-awaited recovery, following four consecutive weeks of downside momentum. Bitcoin’s () price psychological mark on Wednesday,…
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Amundi brings euro money market fund onchain with first tokenized share
The asset manager’s hybrid rollout enables investors to choose between the traditional fund and a new blockchain-based version recorded on Ethereum. News COINTELEGRAPH IN YOUR SOCIAL FEED Amundi, Europe’s largest asset manager, has introduced its first tokenized share class for a euro money market fund. The fund is now offered in a hybrid structure, allowing…
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