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Quick Take Summary is AI generated, newsroom reviewed. D’Cent and Doppler Finance have partnered to launch XRPfi Prime, a new service for XRP holders. The service allows users to earn a guaranteed 2.5% annualized interest on their XRP directly from their hardware wallets. The first-time integration of a fixed-yield product into a self-custody wallet provides a new option for XRP holders who have not had a native staking mechanism. XRPfi Prime offers a limited-time promotional rate of up to 7.5% APR for ear
This investment solidifies Grvt's position as a pioneer in the blueprint of global future finance and accelerates its mission to disrupt the current fragmented on-chain financial ecosystem by addressing long-standing industry challenges such as privacy vulnerabilities, security, scalability, and ease of use.
After settling on Sei, PYUSD0 will achieve sub-second finality, institutional-grade throughput, and composability in DeFi and capital markets.
The yield-bearing product offers institutional investors exposure to bitcoin with staking rewards under UK regulatory oversight
- 23:28Overview of Major Overnight Developments on September 2021:00 (UTC+8) - 7:00 Keywords: Grayscale, FTX, Federal Reserve 1. Grayscale submits revised Dogecoin ETF application. 2. BitGo officially submits S-1 filing to the US SEC, initiating IPO process; 3. FTX to launch third round of creditor repayments, totaling $1.6 billions; 4. White House confidant Bannon suggests Bessent simultaneously head the Treasury Department and the Federal Reserve; 5. Federal Reserve's Daly: Labor market slowdown is partly related to the US economic outlook; 6. US Senate Democrats block Republican temporary funding bill, increasing risk of government shutdown; 7. New Federal Reserve Governor Milan clarifies communication with Trump, emphasizing that the rate cut stance is made independently.
- 22:53Bloomberg Analyst: GDLC and Other New Crypto ETFs Show Strong First-Day Trading Performance, All Exceeding Market Average Trading VolumeAccording to Jinse Finance, data released by Bloomberg analyst Eric Balchunas shows that several newly approved cryptocurrency ETFs posted strong trading volumes on their first day of listing. Among them: the first basket spot crypto ETF $GDLC recorded a trading volume of $22 million; Dogecoin ETF $DOJE had a trading volume of $12 million; and Ripple ETF $XRPR reached $15 million. Analysts noted that although the first-day trading volumes of these three products were far below the record-breaking performance of previous bitcoin ETFs, they still significantly exceeded the average first-day trading volume of US ETF products, indicating a solid overall start. This performance reflects the ongoing market demand for diversified crypto asset ETF products, and issuers are expected to further expand their product matrices as a result.
- 22:08BitGo officially submits S-1 filing to the US SEC, initiates IPO processJinse Finance reported that cryptocurrency custody company BitGo has officially submitted an S-1 filing to the US SEC, initiating the IPO process. Founded in 2013, BitGo is one of the largest cryptocurrency custody companies in the United States, providing storage and protection of digital assets for its clients. BitGo intends to list on the New York Stock Exchange under the ticker symbol "BTGO." Goldman Sachs and Citigroup are the lead underwriters for this offering. According to the disclosed documents, for the years ended December 31, 2024, December 31, 2023, and December 31, 2022, BitGo's total revenues were $3.1 billions, $926.3 millions, and $2.5 billions, respectively, with net profits of $156.6 millions, $2.1 millions, and $4.6 billions, respectively. For the six months ended June 30, 2025, the company’s total revenue was $4.2 billions, with a net profit of $12.6 millions.