IntoTheBlock and Trident Merge With $25M Backing to Build Institutional DeFi Gateway
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CoinDesk
Crypto News: IntoTheBlock, Trident Merge, Get $25M Funding to Build Institutional DeFi
Sentora aims to offer compliant DeFi platform for sophisticated investors for yield, liquidity and risk management.
Solana’s Natix and Grab Team Up to Expand DePIN Mapping Into US, Europe
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CoinDesk
Solana’s Natix and Grab Team Up to Expand DePIN Mapping Into U.S., Europe
The collaboration will enhance mapping accuracy by combining Natix’s network with Grab’s mapmaking technology.
Citi, Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market
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CoinDesk
Citi , Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market
Citi will act as a custodian and issuer agent for tokenized assets on SDX’s digital Central Securities Depository (CSD) platform.
Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments
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CoinDesk
Fed Preview: 'Nuanced Demand' for Protective Bitcoin (BTC) Puts Observed Ahead of Powell's Comments on June Rate Cut
We have only seen some nuanced demand for protective BTC puts, reflecting limited caution among sophisticated traders, Deribit's CEO told CoinDesk.
DogeOS Raises $6.9M to Launch Dogecoin App Layer
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CoinDesk
DOGE News: DogeOS Raises $6.9M to Launch Dogecoin App Layer
The funding will enable DogeOS to support a variety of consumer apps, enhancing the Dogecoin ecosystem and its decentralized finance services.
Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst
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CoinDesk
Canaan Stock News: Started at Benchmark With Buy Rating, $3 Price Target
Benchmark's Mark Palmer initiated coverage on the firm's roughed-up shares with a buy rating and $3 price target.