Crypto Weekly Roundup: Gemini Gets Nasdaq Boost, Tether To Unveil New Stablecoin, & More

This week in crypto, Nasdaq invested $50 million in Gemini’s IPO, BlackRock explored tokenized ETFs, and Tether revealed plans for a new U. S.-regulated ￰0￱ the regulatory front, India maintained caution on crypto laws, and the SEC scheduled an October 17 roundtable on privacy and surveillance in financial markets. Let’s dig ￰1￱ BitMine Immersion Technologies has reportedly bolstered its corporate treasury with an additional 46,255 ETH , valued at $201 million, according to blockchain analytics platform Onchain ￰2￱ Tether, the entity behind the USDT stablecoin, has announced plans to launch a new US-regulated stablecoin for American businesses and ￰3￱ Inc., the world’s largest asset manager, is examining the possibility of bringing exchange-traded funds (ETFs) onto blockchain systems through tokenization , according to people familiar with the ￰4￱ has unveiled an updated version of its proposal to issue Hyperliquid’s forthcoming USDH stablecoin, positioning itself as a leading contender in a competitive process to secure the role of ￰5￱ is moving to strengthen its foothold in the digital asset industry with a $50 million investment in Gemini’s upcoming initial public offering (IPO), a move that signals the exchange operator’s deepening commitment to crypto markets.

Web3 KuCoin, a global cryptocurrency exchange, has announced a multi-year partnership with professional golf icon Adam Scott, appointing him as its first Global Brand Ambassador, marking the company’s first formal step into professional ￰6￱ in public markets are routinely paying double the value of the Bitcoin held by some companies, according to a new report by institutional research firm Caladan. JuCoin, a stably growing, service-driven crypto ecosystem, is rebranding to ￰7￱ as part of its practical strategy to build a connected identity and make digital asset trading more ￰8￱ 1 blockchain Concordium has expanded its PayFi ecosystem with the addition of three stablecoin issuers: StablR, Colb, and VNX, that will deploy their assets using Concordium’s Protocol-Level Token (PLT) ￰9￱ compute network Spheron has kicked off an ongoing buyback-and-burn program for its native token, $SPON, executing the first cycle this ￰10￱ Ledger’s Chief Technology Officer Charles Guillemet has sounded an alarm over what he described as one of the most serious supply chain attacks ever to hit the JavaScript ￰11￱ India is adopting a cautious stance on cryptocurrencies, choosing to avoid comprehensive regulation amid fears that doing so would grant digital assets legitimacy and expose the financial system to systemic ￰12￱ SEC will host a public roundtable on October 17 to address privacy and surveillance in financial markets, bringing together experts to discuss policy and technological solutions within the crypto sector.

Disclaimer: This article is provided for informational purposes ￰13￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice