Asia & EMEA crypto recap: Robinhood closes WonderFi deal; BTC dips under $70K; spot ETF outflows hit $484M
Robinhood Markets has closed its $180 million acquisition of Toronto-based digital asset services firm WonderFi.
Bitcoin slid below $70,000, dragging Ethereum and other major cryptocurrencies lower. U.S. spot bitcoin ETFs recorded $484 million in net outflows on Monday, with the bulk attributed to BlackRock's IBIT.
Arkham data shows Mt. Gox moved a total of 10,306 BTC early Tuesday to an unmarked address and to its hot wallet. CME said its newly launched 24/7 crypto derivatives market posted $50 million in trading volume over its opening weekend.
Polymarket is drawing trader backlash tied to a market asking whether Strategy would sell any bitcoin by May 31, after users who bet "Yes" disputed the outcome.
Ethereum co-founder Vitalik Buterin floated the idea of options-based synthetic assets aimed at reducing liquidations and limiting reliance on real-time oracles.
MoneyGram introduced MGUSD, a USD-pegged stablecoin native to the Stellar blockchain.
Vault infrastructure provider Veda said it will open its enterprise vaults via a self-serve API to more than 2,000 developer teams building on Stripe-owned wallet firm Privy.
Move Industries said it has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and pivots toward financial services in emerging markets.
Backpack, a crypto exchange founded by former FTX employees, launched Backpack Securities, positioning it as a venue combining traditional stock trading with tokenized equities.
Hamilton Lane's tokenized Senior Credit Opportunities Fund is set to become the first Securitize-issued asset to launch on TRON.
HIVE reported annual revenue rose 158% to $298 million, while its bitcoin holdings declined to 150 BTC.
Galaxy Digital opened OTC prediction-market trading for institutional clients, starting with a $10 million Kalshi trade.
Franklin Templeton is integrating its BENJI tokenized money market fund and other tokenized products into MoonPay Trade.
