By Marco Piccolo Key highlights: NYSE Arca has certified the listing of ProShares Ultra XRP (UXRP), a leveraged ETF offering 2x exposure to XRP futures. The ETF is set to begin trading on July 18, although the timeline may still shift. Ripple is seeking an electronic money institution (EMI) license in Luxembourg to expand its […]
Tag: RLUSD
By Marco Piccolo Key highlights: Ripple’s stablecoin RLUSD has crossed a $500 million market capitalization milestone. The Bank of New York Mellon (BNY Mellon) has been selected as RLUSD’s primary custodian. RLUSD aims to compete with leading enterprise stablecoins by targeting institutional use cases. Trade Crypto on Kraken Ripple’s US dollar-backed stablecoin, RLUSD, has surpassed […]
By Emir Abyazov The Dubai Financial Services Authority (DFSA) has approved the first tokenized QCD Money Market Fund (QCDT), a joint project between Qatar National Bank (QNB) and DMZ Finance within the Dubai International Financial Centre. Official announcement. Source: dmz.finance Focusing on project roles, DMZ Finance will initiate the project and provide specialized technology infrastructure […]