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Ondo Finance與LayerZero合作,增強其USDY穩定幣,使其在包括以太坊、Mantle和Arbitrum在內的多個區塊鏈網絡上可互換。此舉允許用戶在不鑄造新代幣或交換資產的情況下訪問USDY及其代幣化的美國國債。USDY提供4.9%的年利率,並由銀行存款和國庫券支持。USDY的總鎖倉價值超過4.5億美元,已在八個區塊鏈上可用。Ondo在代幣化美國國債市場中處於領先地位,擁有6.5億美元的總鎖倉價值,面臨着快速增長的25億美元代幣化國債產品市場。
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**Brazil Eyes Bitcoin Reserve with New Bill** Brazil's Congress is considering a groundbreaking bill to establish a Sovereign Strategic Bitcoin Reserve, dubbed RESBit. Introduced by Congressman Eros Biondini on November 25, the bill aims to diversify Brazil's $355 billion reserves by incorporating Bitcoin, potentially up to 5%. The reserve could protect against currency fluctuations and geopolitical risks, and support Brazil's upcoming digital currency, Real Digital (Drex). Inspired by El Salvador's Bitcoin adoption, the bill also outlines penalties for mismanagement. Now under review, it marks Brazil's latest step in digital asset regulation.
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VanEck is extending its fee waiver for the VanEck Bitcoin ETF (HODL) to attract more investors in the competitive Bitcoin ETF market. The waiver now applies to the first $2.5 billion in net assets until January 2026, up from the previous $1.5 billion limit set to expire in March 2025. This move aims to capitalize on growing investor interest in Bitcoin and digital assets. The ETF's management fee is 0.20%, slightly higher than some competitors like Grayscale's 0.15%. Currently, VanEck's ETF holds about $1.28 billion in assets, trailing behind larger funds like iShares Bitcoin Trust with $46 billion.
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**Fireblocks Teams Up with Google Cloud for Enhanced Security** Fireblocks, a digital assets platform, has partnered with Google Cloud to integrate its "Confidential Space" security features. This collaboration aims to bolster the security of Fireblocks' private key management offerings. The integration combines Google Cloud's robust security measures with Fireblocks' platform, providing a comprehensive suite of tools like attestation services and key management. CEO Michael Shaulov highlights that this partnership allows enterprises to conduct digital asset operations securely. This move is expected to enhance privacy and security for large institutions in the digital asset space.
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**News Flash: Valour Launches Dogecoin ETP on Swedish Market** Valour, a crypto fund issuer, has introduced the first exchange-traded product (ETP) for Dogecoin (DOGE), now available on Sweden's Spotlight Stock Market. This move allows both retail and institutional investors to access the leading memecoin within a regulated framework. The launch follows heightened interest in Dogecoin, partly driven by figures like Elon Musk. Dogecoin, initially a joke, now boasts a market cap of around $55 billion. Despite its memecoin origins, it's used for micropayments and tipping. Valour's parent, DeFi Technologies, oversees $600 million in crypto assets.
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Kraken is closing its NFT marketplace just a year after its launch. Starting November 27, the platform will switch to withdrawal-only mode, allowing users three months to move their NFTs before it shuts down completely. Kraken aims to focus its resources on developing new products and services. The marketplace, which launched fully in June 2023, initially offered over 250 NFT collections without gas fees. Despite the closure, Kraken's decision comes amid a market slump and stiff competition from platforms like OpenSea and Blur. Legal uncertainties around NFTs also loom, with Kraken previously facing regulatory scrutiny.
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