Daily News 🗞 | July 23• Justin Sun to be launched into space after $28M bid• Ether Machine to launch $1.5B institutional ETH yield fund• Chinese blockchain Conflux launching offshore yuan-backed stablecoin• SEC explores Ethereum token standard for compliant securities• JPMorgan exploring crypto-backed loans#CryptoNews #PoloniexNEWS ...

Market Trend - Bank of Dimon is exploring crypto-backed loans, following Cantor Fitzgerald's similar program announced last July [1] - The Bank of Dimon's entry into crypto-backed loans signifies growing TradFi interest in crypto assets [1] Company Initiatives - Bank of Dimon is the largest TradFi firm to explore crypto-backed loans [1]