Track market-moving stories before they get noisy

Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption 

New Crypto Coins To Buy Now | Top New Cryptocurrencies With Massive Potential For 2025

Permuto Capital leadership team

Permuto Capital

In a move that could revolutionize the world of investing, Permuto Capital is inching closer to launching a new class of equity securities that promise to unbundle the dividend from the remaining equity value of common stocks. The pioneering products, built upon an optional blockchain solution using the Chia blockchain, are poised to attract a wide range of investors seeking innovative ways to construct their investment portfolios. The concept was first introduced in Dividend Alchemy: Unbundling Microsoft’s Equity With Blockchain.

Product SummaryOn February 28, 2025, Permuto Capital took a significant step forward by filing two new registration statements for products based on Apple (AAPL) and Broadcom (AVGO) common equity, adding to their previous filing for Microsoft (MSFT). This financial innovation separates a common share into two distinct, tradable parts: a "Dividend Certificate" entitling the owner to dividend payments, and an "Asset Certificate" representing everything else.

The Dividend Certificates offer a capital-efficient way to generate income with favorable dividend tax treatment, making them attractive to retirees, pension funds, insurance companies, and other cash flow-focused investors. Meanwhile, the Asset Certificates are expected to trade with "natural leverage," assuming the dividend component maintains a relatively steady price based on the present value of future cash flows.

Financial InnovationWhile the concept of separating dividends from other economic elements of a common share is not new to Wall Street, the Permuto Capital approach stands out. By designing an affordable structure accessible to investors of all levels, they are democratizing a strategy once reserved for large institutional investors executing bespoke trades.

The simplicity of the Permuto solution is reassuring: all certificates are backed 1:1 by shares of the underlying company held in a trust, without complex financial engineering or synthetic elements. One advantage of the use of trust is that the certificates are not time-based like synthetic structures, and therefore investors may enjoy ongoing access to the certificates. Investors can transact in either or both certificates, deposit common shares with a custodian to receive the two certificates, or return both certificates to the trust to reclaim a common share.

MORE FOR YOU

Blockchain technology for cost reduction

getty

Permuto Capital aims to list both certificate types on a national stock exchange, with the Depository Trust Company (DTC) holding them for investors using traditional platforms. However, those seeking to maximize returns can opt to hold their certificates as Chia Asset Tokens (CATs) on the Chia blockchain, which offers cost-efficient dividend distribution. CAT holders will receive a great share of dividend payments compared DTC-held certificates with Permuto passing on the cost savings from using the blockchain.

The Chia blockchain also enables 24/7 trading on decentralized marketplaces, free from exchange halts and potentially more cost-effective than traditional exchanges.

Looking ForwardAs regulatory approval progresses for products tied to Microsoft, Apple, and Broadcom, Permuto Capital Co-CEO Trent Martensen affirmed their commitment, stating, “We have no intention of slowing down and expect to be filing additional registration statements for more trusts in the coming weeks.”

The Permuto Dividend and Asset Certificates could represent the first new investible asset class available to the public since the creation of Bitcoin. By elegantly separating two components of a publicly traded stock, this simple idea unlocks additional investor demand, as the individual components cater to specific needs and enable more precise portfolio construction. As Permuto Capital continues to push the boundaries of financial innovation, the investment landscape may never be the same.

TLDR Singapore to trial tokenized bills settled with CBDC, testing tokenization in real-world finance. Chia Der Jiun confirms asset-backed tokens have moved beyond experimentation but need adoption. DBS, OCBC, and UOB conducted trials using Singapore dollar CBDC for interbank lending. Singapore introduces stablecoin regulations focusing on reserve backing and reliable redemption. MAS’s BLOOM initiative supports tokenized assets and stablecoins for settlement in digital finance. The Monetary Authority of Singapore (MAS) is taking steps towards digital finance by launching a trial to issue tokenized MAS bills. These bills will be settled using central bank digital currency (CBDC) and aim to test the viability of tokenization in real-world applications. The trial will involve primary dealers, with more details set to be released in 2026.

Tokenization Moving Beyond Experimentation MAS Managing Director Chia Der Jiun discussed the progress of tokenization at the Singapore FinTech Festival. Chia confirmed that asset-backed tokens have moved past the experimental phase. He stated, “Are asset-backed tokens clearly out of the lab? Without a doubt.” However, he also noted that the technology has not yet reached full-scale adoption.

Despite its potential, tokenization still faces significant structural barriers that must be addressed for broader use. In a related move, Chia revealed that three major banks, DBS, OCBC, and UOB have already conducted successful trials using the Singapore dollar wholesale CBDC for interbank overnight lending. These trials support Singapore’s goal to expand tokenized finance with secure settlement assets, aligning with the broader ambition to integrate CBDCs into commercial financial systems.

Regulation of Stablecoins and Digital Payment Tokens The MAS also addressed its regulatory framework for stablecoins. In August 2023, Singapore introduced regulations for single-currency stablecoins pegged to the Singapore dollar, the U.S. dollar, and the euro. Chia stressed that stablecoins must have sound reserve backing and reliable redemption processes.

He cautioned that unregulated stablecoins could risk systemic instability, pointing to the 2008 financial crisis as a potential parallel. The MAS has launched the BLOOM initiative to further encourage experimentation with tokenized assets. The program aims to test the use of tokenized bank liabilities and regulated stablecoins for settlement, reinforcing Singapore’s commitment to digital finance.

Arizona lawmakers are weighing a bill that would let the state keep digital assets in a reserve instead of selling them off, and XRP is one of the names on the list.

The proposal would place those assets under the state treasurer’s control, and it could also let the state earn extra returns through staking, airdrops, or limited lending if the move does not raise financial risk.

What The Fund Would Hold SB1649 creates a Digital Assets Strategic Reserve Fund made up of digital assets that are held by, confiscated by, or surrendered to Arizona.

The bill text also says the treasurer could deposit state-held digital assets through a secure custody solution or an approved exchange-traded product, then administer the fund directly.

Source: LegiScan It defines “digital asset” broadly enough to include Bitcoin, XRP, stablecoins, nonfungible tokens, Dash, Internet Computer, Ravencoin, Chia, eCash, Monero, and other digital-only assets that meet the bill’s fair-value test.

That fair-value test is built around adoption, annual transactions, annual transaction value, and development activity. In plain terms, the bill tries to sort assets by market use and technical strength before they can be treated as reserve holdings.

The wording is broad, but it is not an open-ended invitation to buy anything. It sets a screening standard first.

BTCUSD trading at $1.31 on the 24-hour chart: TradingView A Bill That Keeps Moving The measure has already cleared the House Rules Committee and is headed to a full House vote. Arizona legislative tracking shows the committee approved it 8-0 on March 30, after earlier Senate action sent it across the chamber. That means the bill is still alive, but it is not law yet.

The House step matters because it moves the proposal closer to the finish line. The bill would give the treasurer authority to manage the fund, and it would also allow digital assets reported as abandoned property to be delivered in native form to the state or its custodian.

If those assets sit unclaimed long enough, staking rewards and airdrops could be shifted into the reserve fund.

Why XRP Is In The Mix XRP has drawn extra attention because it is named directly in the bill, not implied through a broad crypto category. The same section that lists Bitcoin also lists XRP alongside several other assets that could qualify under the reserve framework.

Featured image from Meta, chart from TradingView

Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.

Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.

13 minutes ago

UBS and TD Cowen sharply raise Arm’s target price, betting on a revaluation of Arm’s AI data center CPU value.

Arm’s stock price pulled back this week alongside the high-valuation AI sector, though some Wall Street analysts say the correction does not alter the company’s long-term standing in AI data centers. UBS sharply raised Arm’s price target from $260 to $470, retaining its Buy rating; TD Cowen lifted its target from $265 to $475, also keeping a Buy recommendation. Both firms share the view that as agentic AI evolves, CPUs could gain greater importance in data center architectures, rather than GPUs continuing to monopolize the investment narrative. TD Cowen believes that over the long term, CPUs could hold a more strategic position in certain AI workloads. UBS, meanwhile, emphasizes that the real debate in the market centers on the revenue potential of Arm’s self-developed or independent CPU business. The bank projects Arm’s CPU-related revenue could reach around $14 billion by 2030, though the company itself has stated this business will not have a material impact on its finances until fiscal 2028. Arm’s strengths lie in low latency and energy efficiency—metrics that major cloud providers are increasingly prioritizing as they expand AI infrastructure. Even with its stock pulling back from recent highs in the short term, analysts still view Arm as one of the key beneficiaries of the server CPU upgrade cycle.

13 minutes ago

Crypto whale who profited over $23.77 million from BAT ICO liquidates 27,586 ETH

According to monitoring by Yu Jing, a whale that earned $23.77 million from participating in the BAT ICO sold 15,000 ETH (valued at roughly $24.29 million) two hours ago. The whale has now fully liquidated all 27,586 ETH it received from selling 35 million BAT on-chain over the past day and a half, converting the proceeds into 44.836 million USDS at an average selling price of $1,625.

13 minutes ago

Sources: Iraqi officials once considered withdrawing from OPEC, but current plans are to remain a member and pursue a higher quota.

A senior Iraqi oil ministry official said that if OPEC quotas are not significantly increased, Iraq will be forced to consider all available options. Sources said Iraqi officials had considered withdrawing from OPEC, but the current plan is to remain a member and push for higher quotas. (Jinshi)

13 minutes ago

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

13 minutes ago

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

13 minutes ago

Chainlink dominance challenged by Pyth’s 46X growth in 2024

Chainlink Data Feeds is set to become the official data oracle solution for the TRON blockchain ecosystem, providing data feeds for TRON’s DeFi applications JustLend and JustStable.

In an Oct. 31 press release, TRON(TRX) announced that its community-governed DAO, TRON DAO, will discontinue all support and reliance on WINkLink as oracle solution for the TRON blockchain. Instead, TRON will be switching to Chainlink Data Feeds to provide pricing data on-chain.

In a blockchain, an oracle provide external data to on-chain smart contracts. Acting as a connector to external systems, oracles enable decentralized applications to access off-chain data and operate based on real-world events, like weather data, random numbers, price feeds, event outcomes, and much more.

As TRON’s new oracle solution, Chainlink’s industry-standard data oracles will help secure JustLend and JustStable. JustLend and JustStable are currently the two largest DeFi applications on TRON, representing over $6.5 billion in total value liquidity.

Based on current data from DeFi Llama, Chainlink holds the largest market share in the oracle industry with a total value secured of $26.17 billion. It ranks above competitors like WINkLink, Chronicle, and Pyth Network, which have a combined TVS of $18.4 billion.

According to the release, this partnership marks TRON’s participation in the Chainlink Scale program which it claims will “accelerate ecosystem growth and adoption.”

As part of the integration, TRON will temporarily cover certain operation costs associated with Chainlink Oracle networks, such as transaction gas fees, until those costs can be fully covered by DApp user fees.

https://twitter.com/justinsuntron/status/1851885789116039226

Community Spokesperson at TRON DAO, Sam Elfarra, said that TRON’s decision to join the Chainlink Scale program is meant to accelerate TRON’s DeFi economy by giving developers access to Chainlink’s data oracle solution.

“Chainlink’s unmatched security and reliability made it the clear choice as TRON’s official oracle provider. This integration enables us to focus on scaling our ecosystem and further driving mass adoption in the blockchain industry,” said Elfarra.

Head of Blockchain Partnerships at Chainlink Labs, Thodoris Karakostas, stated that Chainlink hopes to secure the foundation of the TRON DeFi economy by providing decentralized market data on-chain.

“Chainlink will further empower TRON ecosystem developers to build next-gen DeFi applications and advance the decentralized internet,” said Karakostas.

As an oracle solution provider, Chainlink has accumulated over $16 trillion in transaction value and delivered more than 15 billion verified messages on-chain across the blockchain ecosystem. Furthermore, Chainlink Data Feeds secures tens of billions in TVL for hundreds of DeFi protocol.

3 Altcoins to Watch in the First Week of January 2025

Table of contents

WINkLink, a popular decentralized oracle ecosystem, has partnered with CoinEx, a well-known platform offering trading services. The collaboration aims to offer exclusive opportunities to drive wider blockchain adoption. As WINkLink’s official social media announcement reveals, the partnership is set to bolster blockchain accessibility. Hence, it will let decentralized applications (dApps) utilize accurate data apart from leveraging the global reach of CoinEx.

🚀WINkLink x CoinEx: Strategic Ecosystem Partnership

We are excited to announce our strategic partnership with @coinexcom, a global cryptocurrency exchange known for being secure, professional, and trusted. They are now the newest ecosystem partner for WINkLink.

Since the… pic.twitter.com/i5HUIg3T7X

— WINkLink (@WinkLink_Oracle) September 8, 2025 WINkLink x CoinEx Partnership Bolsters Blockchain Adoption with Robust Solutions In partnership with CoinEx, WINkLink endeavors to bolster blockchain adoption across the globe. In this respect, this development pays considerable attention to meeting the growing demand for dependable oracle solutions within the blockchain market. Additionally, while crypto exchanges are continuously evolving beyond trading, the integration between CoinEx and WINkLink indicates the potential of oracles to fortify the Web3 and DeFi utilities. This initiative also places both the firms as the leading platforms driving blockchain innovation.

Apart from that, the development also aligns with the rising market requirement for transparency, real-world usability, and trust. With this, the collaborators intend to boost real-world utilities of the blockchain technology, taking into account decentralized finance as well as the everyday services. Thus, this partnership is marked by the inclusion of the secure data streams delivered by WINkLink and the global accessibility of CoinEx for seamless transfers. Keeping this in view, the partnership is poised to establish a worldwide ecosystem for investors, users, and developers alike with a robust Web3 infrastructure and practical integration.

What Can Developers Expect from This Partnership? According to WINkLink, the collaboration benefits developers with several opportunities. Particularly, the developers will be able to reach relatively secure and dependable oracle services along with getting significant exposure to a broader consumer base via CoinEx. Overall, this joint effort focuses on allowing the development of dApps that are scalable and trustworthy, guaranteeing innovation and long-term blockchain growth.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

Table of contents

Biconomy.com, a renowned crypto exchange, has started a new partnership with WINkLink, a prominent decentralized oracle ecosystem on TRON network. The collaboration intends to link the dependable oracle data as well as the worldwide trading infrastructure. As disclosed by Biconomy.com in its official announcement, this initiative is set to improve liquidity access while also streamlining cross-network data flow. As a result of this, the development focuses on accelerating the global Web3 adoption, promoting decentralized innovation, and offering real-world utility to the overall TRON network and the wider blockchain communities.

Biconomy and WINkLink Join Forces to Strengthen Trading Infrastructure As a part of this collaboration, Bionomy will incorporate the decentralized oracle mechanism of WINkLink into its global trading ecosystem. Hence, the move brings more transparency and efficiency to decentralized trading. In this respect, by linking dependable oracle data nd the wider trading infrastructure, the partnership provides the basis for a relatively interconnected and secure Web3 sector.

Additionally, the initiative denotes another milestone for WINkLink, driving its objective to broaden its network via trusted partnerships. The firm has recently upgraded the oracle ecosystem thereof in an attempt to strengthen Web3 innovators, traders, and developers with robust data infrastructure. Simultaneously, the vast worldwide accessibility and trading abilities of Biconomy.com further elevate WINkLink’s advanced oracle services.

Partnership Establishes New Oracle Integration Standards to Drive Web3 Adoption According to Biconomy, the partnership with WINkLink also goes in line with the shared vision of the companies to boost Web3 adoption. Thus, by integrating the oracle services with the next-gen trading infrastructure, the duo aims to empower builders to develop more cutting-edge solutions, enhance transaction transparency, and guarantee more secure consumer experience. Overall, the strategic alliance establishes a new standard for integration of oracle into cryptocurrency trading to further evolve Web3 economy with trust and innovation.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

WINkLink Guarda Wallet Partnership Boosts Web3 Growth

Standard Chartered Declares Crypto Winter Over, and Three of Four Metrics Agree

When two settlement systems cannot interact atomically, one counterparty always goes first. CLS’s netting window works well for the flows it was designed to handle, reducing gross settlement amounts significantly.

The gap sits in same-day and deadline-driven payments and intraday liquidity management, where window-based settlement doesn’t fit, and one party can remain exposed for the duration of the business day. Fusion’s multi-ledger rollup is designed to eliminate that gap.

In this article, we explain exactly how the mechanism works, because in a market full of interoperability claims, how something works is a question worth asking.

Start with what a rollup is, then change one assumption A conventional rollup executes transactions off a base chain, then posts a compressed, verifiable record of that execution back to the base chain for settlement. The base chain provides finality and security; the rollup provides throughput and lower cost. This is a well-understood technology.

Fusion keeps the security model of a rollup and changes one assumption that every other rollup makes; that there is one base ledger.

A standard rollup is tied to a single chain and optimises that chain. Fusion is a multi-ledger rollup, a shared execution environment that connects to many ledgers at once, whether public blockchains, permissioned enterprise networks, or other distributed ledgers. Instead of making one chain faster, Fusion makes many chains interoperable inside one execution layer, while each asset keeps the trust properties of the network it came from.

This is why we call it a ‘Layer 2.5’. It does not issue a competing base asset and asks no one to abandon their existing chain. It is not a conventional Layer 2 either, because it is not bound to a single base. It sits between the infrastructure layers and connects them. Partior focuses on real-time cross-border clearing and settlement within its defined network of participant banks, Fnality supports atomic operations across systems via API integration. Fusion’s multi-ledger rollup achieves atomicity natively within a single execution environment, spanning public and permissioned ledgers where node access is available, reducing reliance on external API coordination.

The shared execution environment Inside the shared execution environment, a tokenised deposit native to a bank’s permissioned Hyperledger network, a stablecoin native to Ethereum, and a tokenised bond native to a third ledger can all be referenced and acted on by the same smart contract, in the same atomic execution.

Each asset is represented in Fusion in a way that preserves its origin-chain trust. The deposit is still governed by the bank’s network rules. The stablecoin still carries Ethereum’s finality. Fusion does not merge them into a lowest-common-denominator token. It gives them a common place to meet and a common language to transact in, and it records the outcome back to the ledgers that need to know.

The result is something the industry has wanted for years and never had safely: a transaction that touches multiple ledgers and either completes everywhere or completes nowhere. That is what closes the CLS-window equivalent for non-CLS flows, and what makes cross-ledger DvP, the core problem of securities settlement, achievable as a single event.

What removing the bridge means for institutions Most cross-chain systems move value by locking an asset on chain A, minting a synthetic copy on chain B, and trusting a bridge to keep the two in sync. That synthetic copy is the source of a large share of the value ever lost in this space. Wormhole lost approximately $320 million in a single exploit. Ronin Bridge lost approximately $625 million. Nomad lost approximately $190 million. The pattern repeats because the architecture invites it: every bridge is a honeypot holding the collateral for every wrapped token it has ever issued.

Fusion’s patented multi-ledger rollup takes a different approach. Where assets on Fusion are represented as unified tokens (uTokens), these are not created through the traditional bridge method of locking and minting across chains. There is no bridge contract to drain and no synthetic peg to break. That distinction is what removes the risk class that institutions are right to refuse to underwrite.

Who processes your transactions: the Trusted Node Program In a public network, validators are anonymous, and you transact with whoever happens to be in the set. This does not work for regulated workloads and is the main concern that DORA and third-party risk frameworks make explicit: you must be able to identify, assess, and take responsibility for the entities in your critical operational path.

Fusion’s Trusted Node Program lets an institution choose exactly who processes its transactions and where. Nodes are KYC-verified, and jurisdiction is a parameter you set, not a surprise you discover. This mirrors the recognised-operator model that Fnality uses for its Bank of England relationship, or the JV structure that gives Partior participants control over who runs their rails but applied to every transaction across Fusion’s multi-chain environment.

Privacy is a setting, not a sacrifice The privacy model on most chains is all or nothing. Public chains expose state to every participant on the network. Permissioned chains lock it down to consortium members. Fusion gives institutions a third option, configurable privacy at the smart contract level, where each contract can be public, permissioned, or fully private based on what the use case requires. Where Canton offers this within a defined capital-markets consortium, Fusion applies it across the full multi-chain environment.

Where does Fusion sit in the stack? Overledger connects. It is the interoperability layer that lets heterogeneous ledgers and enterprise systems communicate QuantNet establishes trust. It is the programmable settlement network through which institutions participate, integrating natively with Fusion Fusion controls. The multi-ledger rollup is the execution environment where multi-chain assets and contracts run under firewall-grade access control A transaction, end to end A bank wants a tokenised deposit on its permissioned network to settle a purchase of a tokenised security on a different ledger, atomically. This is cross-ledger DvP, the problem the industry has been working to solve since the T2S era.

The bank submits through Quant Connect, the Fusion Firewall verifies authorisation, and Fusion executes both legs as a single operation. The deposit and the security move together or not at all. Trusted Nodes chosen by the institution handle the processing. The result is atomic cross-ledger DvP with no bridge risk, no anonymous validators, and no settlement exposure window.

$45 Million in Shorts Are Betting SpaceX Stock Comes Back to Earth

Table of contents

An exchange-branded wealth division launching a quant fund is no longer a curiosity. It’s a signal that the battle for institutional crypto wallets is shifting from custody and spot trading to managed strategies that look more like traditional asset management. KuCoin became the latest platform to push into that territory this week, announcing the KuCoin Wealth Quant Fund via a PRNewswire release.

The announcement is thin on strategy details—common for new fund launches where track record is yet to be built—but the intent is clear. KuCoin is targeting professional allocators who want systematic, rules-based exposure to digital assets without the emotional drag of discretionary trading. That’s the quant pitch, and it has become increasingly common as family offices, fund-of-funds, and smaller institutions look for ways to enter crypto without building internal trading desks.

What’s different now is the venue. Exchanges like KuCoin are no longer just marketplaces. They’re morphing into multi-line financial platforms—staking, lending, custody, and now wealth management products. That evolution mirrors what prime brokers did in traditional finance, bundling execution with advisory and allocation tools. For KuCoin, adding a quant fund under its Wealth umbrella gives it a product to retain assets that might otherwise migrate to dedicated crypto hedge funds or passive ETPs.

The timing matters. The past twelve months have seen a steady uptick in institutional infrastructure conversations, not just in the US but across Asia and the Middle East. The real-world asset tokenization market crossing $20 billion on-chain shows that serious capital is no longer sitting entirely on the sidelines. A quant fund from a recognizable exchange name lowers the perceived operational risk for allocators who still worry about counterparty quality at standalone funds.

What a Quant Fund Means in a Crypto Context Quantitative strategies in crypto typically fall into a few buckets: momentum and trend-following, mean-reversion, volatility arbitrage, and market-neutral pairs trades. For an exchange-backed fund, the infrastructure advantage is real. KuCoin can offer reduced latency, better fee structures, and potentially deeper liquidity access than an external manager negotiating as a client. That doesn’t guarantee performance, but it tightens the cost drag that erodes net returns in high-turnover strategies.

Investors should ask hard questions that the press release doesn’t answer. What’s the benchmark—Bitcoin, a basket of majors, or something custom? What’s the drawdown discipline? How are custody and counterparty risk separated from the exchange’s own balance sheet? These are the same questions that have dogged exchange-linked yield products in previous cycles. The difference now is that regulators in multiple jurisdictions are far less patient with commingled risks. Whether KuCoin’s structure satisfies that scrutiny will determine whether the fund attracts serious institutional checks or stays in the high-net-worth retail lane.

Institutional Demand, but Not Blind Faith The launch lands in a moment when institutional staking and allocation partnerships are making headlines outside the usual Bitcoin ETF flow. Nasdaq-listed firm interest in SUI staking earlier this year demonstrated that crypto demand is branching into protocol-level engagement, not just passive holding. A quant fund sits somewhere in between: not as direct as staking, but far more active than a spot ETF.

That middle ground is attractive to allocators who want returns uncorrelated to the simple beta of holding Bitcoin. But it also raises the stakes on risk management. Quant funds in traditional markets live and die by their factor models. In crypto, factors can shift violently because liquidity is fragmented and market structure changes fast—new exchanges, new derivatives, regulatory surprises. A model that works this quarter may fail next quarter if the market regime shifts. KuCoin’s Wealth team will need to show it can adapt without overfitting, and that’s a live risk that a launch announcement can’t resolve.

The Regulatory Shadow Over Exchange Wealth Products No exchange expanding into wealth management can ignore the regulatory temperature. In the US, banking interests are already pushing back against sweeping crypto legislation, and that fight is shaping the perimeter of what constitutes a regulated financial product. An exchange offering a fund—even if domiciled in a friendly jurisdiction—will eventually run into distribution questions if it touches US persons or institutions with US ties. KuCoin has historically operated with a different regulatory footprint than Coinbase or Kraken, and that will bring additional scrutiny from compliance officers at any institution conducting due diligence.

Still, the direction is set. Exchanges see the fee compression in spot trading and the regulatory ceilings on certain yield products, and they’re building out wealth layers to capture stickier, higher-margin assets. KuCoin’s quant fund is a small piece of a much larger puzzle, but it’s the kind of launch that reveals where the industry thinks the next wave of capital will come from—not retail speculation, but professionally managed money that needs systematic tools, credible reporting, and a recognizable name to write the first check.

AUTHOR

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

The only time performance fees are assessed is when an investor’s net asset value (NAV) reaches their own high-water mark and creates fresh gains. The KuCoin Wealth Quant Fund exemplifies KuCoin’s broader commitment to developing trusted, transparent, and responsible digital asset wealth management solutions. Today, KuCoin, a leading global cryptocurrency platform that is founded on trust, made an announcement on the debut of the KuCoin Wealth Quant Fund. This fund consists of the Neutral Enhanced Fund, which is the company’s first offering. A more organized approach to long-term capital allocation, risk management, and portfolio diversification is provided by the fund, which is designed for high-net-worth customers and incorporates digital asset strategies that are professionally managed and market-neutral into the KuCoin Wealth experience.

As the market for digital assets continues to develop, the requirements of investors are expanding beyond the availability of simple market access, spot trading, and basic revenue products. A growing number of high-net-worth users and professional investors are concentrating their attention on the ways in which digital assets can be managed more efficiently throughout market cycles, existing holdings can be activated, dependence on one-sided market exposure can be reduced, and better clarity can be gained on matters of strategy, fees, liquidity, and risk.

According to this transition, there is a layer of demand that exists between traditional crypto yield products and private fund solutions that are designed for institutional investors. Although users may access simple Earn product offerings, it is possible that these products do not entirely satisfy the requirements of customers who are looking for more complicated allocation techniques. The use of private funds and institutional solutions, on the other hand, may imply higher criteria, lengthier procedures, and less uniform access. This market need prompted the creation of KuCoin Wealth Quant Fund, which was intended to give access to a professional market-neutral strategy by means of an exchange-native product experience that included straightforward subscription, redemption, NAV, and fee methods.

Arbitrage and long-short trading are two examples of quantitative market-neutral methods that are used by the Neutral Enhanced Fund. The objective of these strategies is to reduce the fund’s reliance on the overall market fluctuations. The fund is denominated in USDT, has a very low minimum subscription requirement of 50,000 USDT, and offers a 30-day lock-up period, which provides investors with better liquidity than many longer-term options. The fund was designed to give both accessibility and flexibility to its investors.

One of the most important aspects of the fund is its transparency. The only time performance fees are assessed is when an investor’s net asset value (NAV) reaches their own high-water mark and creates fresh gains. There are no subscription or management costs. The fact that there is no performance fee charged during drawdown periods or when the net asset value (NAV) falls below the high-water level helps to ensure that fees are closely matched with the actual outcomes of the investment.

In addition to being supported by an independent custody framework, sub-account management, real-time monitoring, and comprehensive risk controls, the KuCoin Wealth Quant Fund exemplifies KuCoin’s broader commitment to developing trusted, transparent, and responsible digital asset wealth management solutions for users who are transitioning from trading to long-term allocation.

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.

3 Space Stocks to Watch if You Missed the SpaceX IPO

Bitcoin’s 6-Week ETF Exodus Fuels a Scary New Prediction

The US dollar’s rise to a 13-month high is weighing on metals. That has changed the debate around gold, silver, and copper heading into the end of 2026. The key question is which metal can withstand the pressure best.

Because these commodities are priced in dollars, a stronger greenback makes them more expensive outside the US. That puts gold, silver, and copper under the same pressure. The real separation now shows up in the ratios, weekly charts, and bank forecasts for year-end prices.

The Rising US Dollar Index is Pressing CommoditiesThe starting point for every metal right now is the dollar. The US Dollar Index (DXY), which measures the dollar against a basket of major currencies, has pushed above 100 to a 13-month high.

A stronger dollar makes dollar-priced commodities costlier for the rest of the world, which weighs on gold, silver, and copper. The same force has cooled risk appetite across crypto and stocks.

Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.

The driver is the rate path. With the Federal Reserve seen holding rather than cutting in 2026, real yields stay firm, and the dollar stays bid, which is the headwind behind the recent metals pullback.

US Dollar Index Daily: TradingViewWith the DXY chart looking strong (bullish rising channel) and rate hikes back on the table, the case for a weaker dollar near term looks thin. That headwind affects the entire metals complex, bringing the focus back to which one holds up best.

The three metals are pulling in the same direction. Over the past six months, gold (XAU/USD) and silver (XAG/USD) show a correlation of 0.83; silver and copper, 0.72; and gold and copper, 0.61.

Correlation measures how closely two assets move together, where 1.0 is lockstep, and 0 is no link. Readings this high mean one shared trade, not three separate bets.

Three Metal Correlation Matrix: Charlie Quant LabSo the gold, silver, and copper forecast comes down to relative strength inside the complex, not to calling one metal up and another down. The ratios and the weekly charts decide it.

Gold sets the tone for the group, so it is the place to start.

Gold Holds a Falling Channel With Banks Far Apart(XAU/USD) has traded inside a falling channel since late January, when it peaked near $5,608. A falling channel is a downward drift between two parallel trendlines. Price tried to rebound on March 23, pushed higher, then rolled over again.

On the weekly chart, the line that matters is $4,027. Gold should hold above it. A weekly close under $4,027 opens the door toward $3,249, the prior breakout shelf.

To rebuild strength, gold needs to reclaim $4,400, and a move back above $5,004 would turn the weekly trend constructive again.

Gold Price Analysis: TradingViewThe bank split is wide. Goldman Sachs analysts Lina Thomas and Daan Struyven cut their year-end target to $4,900 on June 19, on the view that the Federal Reserve may not cut rates in 2026. JPMorgan sees $6,000 by year end despite the crowded bearish positioning.

Bearish investor positioning in gold options is extremely crowded:

The 6-month put-call skew on the largest US gold-backed ETF, $GLD, is up to 1.03, near the highest since 2017.

The put-call skew measures the relative cost of put options versus call options, rising when… pic.twitter.com/M9EKmlWqHo

— The Kobeissi Letter (@KobeissiLetter) June 17, 2026 Silver shares gold’s bearish pattern, but its chart hides a second setup.

Silver Tracks Gold but Builds a Double Bottom(XAG/USD) sits in the same falling channel, which the high correlation supports. Underneath it, a double bottom is taking shape, a pattern where price carves two similar lows and hints at a base.

The first hurdle is $66.53, which has already been rejected once. The level that matters is $75.36. A weekly move above the $75 zone would break the falling channel and turn the bias bullish.

The downside is clear if it fails. Under $59.40, the next stops are $52.27 and then $42.12. A larger trigger sits at $89.62, which would complete the double bottom and project a move of roughly 46%, though that is far off.

Silver Price Analysis: TradingViewThe fundamentals are supportive. The Silver Institute forecasts a sixth straight annual market deficit in 2026, near 215 million ounces, and the largest on record. Six straight years of deficit means the market is leaning on above-ground stock to fill the gap, a slow squeeze that supports silver over time.

Copper is the other half of silver’s story, the industrial pull, and right now, copper is the AI trade.

AI Trade Highlights Copper, Its Strengths and ProblemsCopper has been in a rising channel since 2024. It came close to breaking above that channel on May 11 and again on June 1, where a double top is now forming, a pattern of two failed highs that warns of exhaustion.

The structural case is the AI build-out. Goldman Sachs Research expects data-center power demand to rise about 165% by 2030, and sees grid and power infrastructure driving more than 60% of copper demand growth this decade, at roughly 6 to 8 tonnes of copper per megawatt of capacity.

So why has copper stalled just under its breakout? The AI trade has wobbled, and data-center policy risk has taken some heat out of the ascent. It shows up in the targets. Bank targets now straddle copper’s record price.

JPMorgan’s full-year 2026 average near $12,075 a tonne sits just below it, Goldman recently lifted its year-end call to about $13,735, and Citi is the highest near $15,000.

Copper Price Analysis: TradingViewOn the chart, copper needs to hold $6.12. Under it, expect a slip toward $6.04. A weekly break above $6.47 brings $6.68 and then $7.02 into play. The $6.68 level would confirm the real breakout.

In the per-pound terms the chart uses, the targets straddle copper’s current $6.16. JPMorgan’s 2026 average near $5.48 sits below it, Goldman’s raised year-end call near $6.23 is right at it, and Citi is the highest near $6.80, just above the $6.68 breakout.

The ratios between the metals show how this tension is resolving.

The Ratios Tell You Who Is LeadingThree ratios frame the macro tape. The gold-silver ratio has climbed from about 44 in January to 66 now. That is a risk-off tilt favoring gold, though 66 is not yet extreme enough to scream silver is cheap.

Commodity Ratios. Source: Charlie Quant LabThe gold-oil ratio has risen from about 41 on May 19 to 56, a stress reading where gold is strong and oil is weak.

The silver-copper ratio cuts the other way. It has fallen from about 19 in January to 10, with copper leading, a classic industrial-demand signal.

Silver to Copper Ratio: Charlie Quant LabThat is the core tension. Gold and oil say risk-off, silver and copper say industrial growth, and silver gets squeezed between the two regimes.

Put together, the three charts point to a clear pecking order into year-end.

The Gold, Silver, and Copper Forecast Into End-2026Copper is the structural leader. The AI and grid demand story is the strongest multi-year case of the three, but the chart has stalled at a double top, and most 2026 bank targets imply a near-term pullback from record levels.

Gold is the macro anchor. It carries the widest bank disagreement, a $1,100 gap between Goldman at $4,900 and JPMorgan at $6,000, and it leads only if stress and rate cuts dominate.

Silver is the high-beta wildcard. It lags both, yet a record supply deficit and a building double bottom give it the most catch-up room if either the macro or the industrial bid strengthens.

Gold Silver Copper 2026 Scorecard: BeInCryptoThe dollar is the switch. So while the DXY holds above 100, the complex stays capped, and copper’s $6.12 is the line that separates a fresh AI-led leg higher from a double-top unwind that pulls silver and gold down too. All thanks to the positive correlation between the three.

Bitcoin Broke Down — but $1.17 Billion in Shorts Above Price Says Bear Trap

Forget Meme Coins — This GameFi Token Is Up 370% In a Week

In brief The Ronin blockchain will migrate to Ethereum layer-2 on May 12 after four years as a sidechain. RON token inflation will drop dramatically from over 20% to less than 1%. Ronin’s token is down nearly 98% from peak, reflecting flagging momentum across the crypto gaming industry. Ronin, the gaming-focused blockchain that powers games like Axie Infinity and Pixels, will migrate to become a true Ethereum layer-2 scaling network on May 12, marking a fundamental shift after four years operating as an Ethereum sidechain.

The migration will trigger at block 55,577,490, transitioning Ronin to the OP Stack, Ethereum layer-2 infrastructure that powers millions of transactions daily across other scaling networks. Users should prepare for approximately 10 hours of mainnet downtime between 11 a.m. and 9 p.m. ET during the transition, Ronin developers said, with games potentially unavailable during that span.

The economic restructuring is sweeping. RON token inflation will plummet from over 20% to less than 1%, while marketplace fees flowing to the Treasury jump 2.5x from 0.5% to 1.25%. Additionally, 90 million RON tokens previously allocated for staking will be redirected to the Ronin treasury.

A new "proof of distribution" system launching with the migration will automate RON rewards for developers, replacing manual allocation processes as the network reestablishes itself within Ethereum's ecosystem.

The timing reflects mounting pressure on standalone gaming chains to leverage established infrastructure rather than maintain costly independent networks. Ronin processed billions of dollars worth of NFT trading volume during Axie Infinity's 2021-2022 peak, but sustaining that infrastructure has proven challenging as the crypto gaming market declined.

Ronin launched in 2021 specifically to handle Axie Infinity's transaction demands when Ethereum's mainnet fees made gaming economically unfeasible. The sidechain solution enabled the play-to-earn phenomenon that attracted millions of daily users and generated unprecedented trading volumes for blockchain gaming.

Now, Ronin developer Sky Mavis says that advances in layer-2 technology offer the same benefits—low costs and high throughput—while inheriting Ethereum's security guarantees.

While the RON token is up about 11% over the last week to a recent price of $0.097, it’s had a brutal fall over the last couple of years as crypto gaming momentum largely disappeared. RON has fallen by nearly 81% in the last year, per data from CoinGecko, and is now down about 98% from a peak price of $4.45 set in March 2024.

The tokens of top games on Ronin have also cratered, with Axie Infinity’s AXS token down over 99% from its November 2021 peak, and Pixels’ PIXEL token down just as much from its own March 2024 high. But that’s not an issue isolated to Ronin or its games, with other major gaming tokens like Immutable (IMX) and Gala Games (GALA) also down at least 98% from their respective peaks.

Numerous prominent crypto games shut down over the course of 2025, often with developers citing a lack of funding and player interest to continue operations. That trend has continued into 2026 with the recent closure of games like Forgotten Runiverse on Ronin and Xociety on Sui.

Industry experts told Decrypt in late 2025 that the wave of crypto game closures centered on the disappearance of venture capital funding amid flagging blockchain gaming momentum, driving many projects to either pivot their focus or shut down their games entirely. That downward swing has only persisted into this year, so far.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Ronin, the gaming-focused blockchain built by Sky Mavis to power titles like Axie Infinity, is migrating to Ethereum on May 12, the team said this week.

The move will end a four-year run as an independent sidechain and bring major upgrades to its ecosystem.

The migration will cut RON inflation from over 20% to under 1% and expand treasury inflows. Ronin also plans to roll out Proof of Distribution, a system that automatically rewards builders based on their contributions.

Advertisement

Proof of Distribution will reward contributors based on a measurable impact, including gas spend, user growth, and trading activity. Meanwhile, treasury inflows will expand via staking allocations, sequencer revenue, and increased marketplace fees.

The result is a more efficient, secure, and incentive-aligned network for both builders and users, according to Ronin.

The migration requires approximately 10 hours of downtime, during which no on-chain activity will be possible, as noted by the team. Node operators must upgrade before the scheduled hardfork at block #55577490.

What made Ronin independent in the first place When Sky Mavis, the Vietnamese studio behind Axie Infinity, began developing Ronin in late 2020, Ethereum’s layer 2 options were still in their infancy.

With mainnet gas fees becoming prohibitive for the game’s growth, Sky Mavis officially launched the Ronin mainnet in February 2021 to provide the high-throughput, low-cost environment necessary to onboard millions of players.

The move fueled Axie’s massive expansion through early 2022, but independence came with a price. In March 2022, the North Korean-linked Lazarus Group exploited the Ronin bridge and drained roughly $625 million in assets, one of the largest hacks in crypto history.

The Ethereum ecosystem looks nothing like it did six years ago. Layer 2 solutions are battle-tested, data availability costs have plummeted, and the OP Stack processes millions of transactions daily across multiple chains.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

PANews reported on April 29th that, according to SoSoValue data, the cryptocurrency market continued its correction. Bitcoin (BTC) fell 0.66%, dropping below $77,000, while Ethereum (ETH) fell 0.24%, breaking below $2,300. The AI ​​sector performed strongly, rising 0.96% in the last 24 hours, with Bittensor (TAO) up 4.20%, Unibase (UB) up 18.84%, and SkyAI (SKYAI) up 35.11%. Additionally, the GameFi sector rose 0.40%, with Axie Infinity (AXS) and GALA rising 2.64% and 2.45% respectively.

In other sectors, the Layer 2 sector fell 0.06% in the last 24 hours, but Celestia (TIA) rose 4.05%; the CeFi sector fell 0.44%, while Aster (ASTER) rose 2.55%; the Layer 1 sector fell 0.88%, while Humanity (H) surged 26.66% intraday; the Meme sector fell 1.17%, while Pump.fun (PUMP) bucked the trend and rose 6.66%; the PayFi sector fell 1.21%, while Safe (SAFE) remained relatively strong, rising 1.75%; the DeFi sector fell 1.48%, while Block Street (BSB) surged 18.11%.