UAE-backed DDSC stablecoin processes $30M institutional transaction
The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer...
Tag : institutional
DeFi hacks shake institutional confidence as risks outpace yields
Security exploits are weighing on institutional appetite for decentralized finance (DeFi), even as broader crypto adoption continues through stablecoins and tokenized assets. In an April...
Coinbase premium hits monthly low as institutional selling pressure mounts
A key indicator of institutional crypto market participation, the Coinbase premium has fallen deeper into negative territory, indicating increased selling pressure from institutions. The Coinbase...
Japan’s Crypto Revolution: 20% Tax Rate and Institutional ETF Gateway
Japan is executing the most consequential crypto regulatory pivot in Asia. The country that once taxed crypto gains at up to 55%, which drove liquidity...
Ethereum stalls as JPMorgan crowns Bitcoin the new institutional base layer
Ethereum’s slide behind Bitcoin is no longer just a price story; JPMorgan says the institutional plumbing now confirms that BTC has pulled decisively ahead on...
Galaxy secures New York BitLicense to expand institutional crypto services
Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State Department...
XRP Price Could Rally Soon: Institutional Funds Keep Flowing In as Citadel Joins the Race
XRP price has dropped by 2% to below its $1.40 support, yet institutional money flow beneath is anything but quiet. Citadel’s name is now attached...
Dune Analytics Slashes 25% of Workforce in AI, Institutional Pivot
In brief Dune CEO Fredrik Haga announced Thursday that the company has cut 25% of its staff as part of a strategic refocus on AI...
Ripple receives $200M credit line to expand institutional prime brokerage
Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business,...
Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury
Digital asset company Galaxy and Ethereum treasury platform Sharplink will launch a private fund that will invest Ether in decentralized finance (DeFi) strategies, signaling growing...