Real-world asset (RWA) specialist Ondo Finance (Ondo) has expanded its tokenized securities platform to the BNB Chain (BNB), bringing over a hundred U.S. stocks and ETFs to one of the most active blockchain networks. The move opens access for BNB Chain’s 3.4 million daily users to buy and sell tokenized shares of companies like Apple or Tesla, as well as popular ETFs, around the clock thorugh Ondo Global Markets. These assets are aimed primarily at non-U.S. investors who want exposure to U.S. markets but ...

South Korea’s largest crypto exchange Upbit will list KERNEL on its KRW market, with trading set to open at 16:30 local time. KernelDAO is a restaking infrastructure project.https://t.co/pqnbQOW8dY ...

Crypto exchange https://t.co/hglQp7AMzv is the latest firm to apply for a national bank trust charter, joining a list that includes Coinbase and Circle. https://t.co/V9u2QI8cOn ...

Core Insights - KuCoin has launched a new mining pool service called KuPool, supporting proof-of-work assets like Dogecoin, Litecoin, and soon Bitcoin, expanding its ecosystem [1][3] - KuPool emphasizes trust and security, utilizing a verifiable hash rate mechanism for real-time tracking of contributions and payouts, and incorporates low-latency technology and multi-layer encryption [2] - The long-term goal of KuPool is to promote a balanced global hash rate distribution, aiming for sustained growth, stable returns, and strong miner retention [3] KuCoin's Expansion and Global Reach - KuCoin has surpassed 40 million registered users globally and records over $11.6 billion in daily trading volume, listing more than 1,000 crypto tokens [4] - The company launched a $2 billion "Trust Project" earlier this year to enhance transparency and security in the crypto sector [4] - KuCoin Pay has partnered with SPAR supermarkets in Switzerland for everyday crypto payments and is expanding in Southeast Asia, joining Thailand's G-Token initiative and signing an MoU with Vietnam's Blockchain and Digital Assets Association [5] Integration of Services - KuPool aims to integrate mining, trading, and payment services into a comprehensive ecosystem, further extending KuCoin's influence in the crypto market [6]

Crypto exchange @krakenfx is taking its staff on a Caribbean island jaunt in January ahead of its planned IPO next year.By @IanAllison123https://t.co/Xz3pcqZ7Uj ...

Core Insights - Robinhood has listed BNB, enhancing its position as a crypto exchange, although the immediate price impact has been minimal [1][2] - The recent listing comes amid a period of fluctuating momentum for BNB, despite its growing on-chain activity and increased presence in meme coin trading [2][5] - Robinhood's strategy to expand its crypto offerings may position it as a leader in the Web3 space, with potential long-term benefits despite short-term performance [4][5][6] Company Developments - Robinhood has been actively increasing its role as a crypto exchange, having listed several altcoins in August [4] - The platform's stock price has seen a decline since the market opened, indicating a lack of immediate investor enthusiasm following the BNB listing [2][3] Market Context - The listing of BNB on Robinhood coincides with Coinbase's announcement of a BNB listing, which may have overshadowed Robinhood's efforts [1][2] - Despite the current lull in BNB's momentum, the listing could gain significance in the future as market conditions evolve [5][6]

Group 1 - Apollo Global Management, Oppenheimer, Jane Street, and HSG invested in Kraken's recent funding round, valuing the company at $15 billion [1] - Kraken closed a $500 million funding round, with participation from institutional players indicating a shift towards the digital asset sector [2] - Kraken is expected to confidentially file for an initial public offering (IPO) with the U.S. Securities and Exchange Commission by year-end, aiming to go public in the first quarter of the next year [4] Group 2 - Kraken has been expanding aggressively, acquiring NinjaTrader for $1.5 billion and Small Exchange for $100 million, which supports the launch of a U.S.-based derivatives platform [5] - The growing institutional and corporate participation in crypto markets has contributed to the increase in major tokens' values, with Bitcoin rising over 20% this year and reaching a record high above $126,000 [6]

RT storm (@darkmarketio)coinbase built an $85b+ business in an industry that was condemned to fail, amongst a peer group of criminals, starting in 2012 when “crypto” wasn’t even a word that people understood.you don’t have to love everything they do, but it’s hard to deny they played a major role in legitimizing the asset class and gave millions of people their first on-ramp into crypto.the amount of determination and focus required to build coinbase, in spite of industry wide regulatory crackdowns and mine ...

Core Insights - Coinbase anticipates an influx of traditional finance institutions engaging with digital asset derivatives for investment and hedging purposes [1][2] - The shift in crypto derivatives market activity is expected to move from Asia to the U.S. and Europe, with a focus on non-market maker institutions [3][5] Company Developments - Coinbase acquired FairX in 2022 to provide U.S.-regulated futures and later purchased Deribit for $2.9 billion [4] - The company has evolved from a Bitcoin on/off ramp to a major player in the crypto exchange market, capturing significant spot market volume [3] Industry Trends - Traditional asset managers are beginning to explore crypto derivatives, moving beyond mere liquidity provision to more complex investment strategies [2][5] - The market is expected to see a shift towards risk-managed strategies, with institutions looking to hedge rather than speculate [5][6] - Increased participation from long-term holders is anticipated to enhance market stability and liquidity, leading to a more reliable derivatives market [6]

Upbit, South Korea’s largest crypto exchange, announced it will list SynFutures (F) with KRW and USDT trading pairs. SynFutures is a decentralized derivatives exchange that enables on-chain perpetual futures trading. Its native token F is used for staking and governance purposes.https://t.co/l6GmPO1QNk ...