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DWF Labs launches $75M fund for ‘institutional phase’ of DeFi

Crypto market maker DWF Labs’ fund has been earmarked for dark pool DEXs, decentralized money markets, and yield-bearing products. Source: https://cointelegraph.com/rss DWF Labs launches M fund for ‘institutional phase’ of DeFi

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DeFi is already 30% of the way to mass adoption: Chainlink founder

Chainlink’s Sergey Nazarov has shared a potential roadmap for how DeFi could reach 100% adoption in four years, noting that a big part of this hinges on regulation. Source: https://cointelegraph.com/rss DeFi is already 30% of the way to mass adoption: Chainlink founder

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Texas buys the Bitcoin dip, acquiring $5M of BlackRock's IBIT

Texas has also allocated an additional $5 million for direct, self-custodied Bitcoin, signaling growing state-level adoption in the US. Source: https://cointelegraph.com/rss Texas buys the Bitcoin dip, acquiring M of BlackRock's IBIT

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‘Institutions have arrived’ — US Bancorp launches stablecoin pilot on Stellar network

The ability to freeze assets and unwind transactions was a key consideration when selecting the blockchain for the pilot, according to Mike Villano from US Bank. Source: https://cointelegraph.com/rss ‘Institutions have arrived’ — US Bancorp launches stablecoin pilot on Stellar network

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Grayscale spot Dogecoin ETF falls under volume expectations on debut

Trading volume on the debut of Grayscale’s first US spot Dogecoin ETF came in under an analyst’s expectation, with Bitwise soon to launch its own fund. Source: https://cointelegraph.com/rss Grayscale spot Dogecoin ETF falls under volume expectations on debut