Digital asset firm Prometheum plans to accept UNI and ARB as securities custody and add them to its existing Ethereum custody program. The company intends to officially open its custody services in September. Prometheu said that treating UNI and ARB tokens as securities is to bring Prometheum into compliance with U.S. digital asset trading laws as upheld by the SEC.
Fidelity Digital Assets said in a report last week that the Ethereum blockchain experienced its highest inflation period last quarter, with the total supply increasing by around 110,000 Ether (ETH), equivalent to an annual inflation rate of 0.37%. Analysts Daniel Gray and Max Wadington wrote that while the supply of ether is unlikely to see sharp fluctuations in the short to medium term, the growing preference for low-fee layer 2 platforms, as well as the increased demand for staking, suggest th...
According to Bitcoin News, Deutsche Digital Assets has listed a new bitcoin macro-ETP.
Web3 digital asset company Alpha Transform Holdings (ATH) announced a strategic investment in Arhasi and Cloudbench for an undisclosed amount. Its CEO and managing partner of Alpha Sigma Capital, Enzo Villani, has joined the advisory boards of both companies. It is reported that emerging technology consulting firm Cloudbench is a Google partner, while Arhasi is an artificial intelligence solutions engineering company. Both companies focus on artificial intelligence/machine learning engineering, ...
Japanese financial services provider Monex Group has completed the acquisition of a majority stake in Canadian crypto asset firm 3iQ Digital Holdings to expand its crypto business. 3iQ previously launched the first regulated Bitcoin and Ethereum exchange-traded fund in North America and the first Ethereum ETF with staking capabilities on the Toronto Stock Exchange. Monex Group expects to meet the demand for crypto asset management from institutional investors and exchanges around the world throu...