Cryptographic companies launch Wall Street style funds: Redefine finance


Cryptocurrency companies and centralized exchanges launch more traditional investment offers, writing the gap between traditional financial and digital assets.

With investors who are looking for more flexible product offers under a single platform, the “blurred line” between traditional finance (tradfi) and cryptocurrency space, because the two financial paradigms signal a “growing synergy”, according to Gracy Chen, CEO of Bitget, the sixth exchange of crypto in the world.

In the wider crypto space, secure in partnership with the mantle protocol to launch an institutional fund which will generate a yield on a basket of various cryptocurrencies, similar to the way in which traditional index funds follow a mixture of stocks.

Developments occur after the feeling of crypto investors organized a significant recovery, going from “fear” to “neutral” for the first time since January 2025.

Index table of fear and greed. Source: Coinmarketcap

The feeling of investors was strengthened after US President Donald Trump said That import prices on Chinese products “will drop considerably”, adopting a softer tone in negotiations for the first time since the announcement of the reciprocal rate.

Cryptographic companies that move in the territory of Wall Street

Companies and cryptocurrency exchanges move more and more in the territory of Wall Street, launching more traditional investment offers and presenting the growing bond between crypto and traditional finance (tradfi).

“There is an increasing synergy between traditional financial investments and emerging cryptographic space,” according to Gracy Chen, CEO of Bitget, the sixth exchange of global crypto.

“Cryptographic players now check traditional finances because they see the opportunity to fill it,” said Chen Cointelegraph.

“The lines scraping. Investors want flexibility, and the products that can overlap the two worlds are naturally attractive,” said Chen. “Some players see Tradfi as a safety net; Others, like Bitget, see it as a launch for a wider adoption. ” She added:

“In a volatile market, integration is smarter than isolation.”

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Secure, Mantle Launch Institutional Crypto Fund

The tokenization platform secured a partnership with the mantle of the decentralized financing protocol (DEFI) to launch an institutional fund designed to win the yield on a diversified basket of cryptocurrencies, companies said.

Similar to the way in which a traditional index fund follows a mixture of shares, the Mantle Index Four (MI4) fund aims to offer investors an exposure to cryptocurrencies, in particular Bitcoin (BTC), Ether (ETH) and Solana (soil), as well as the stablecoins that follow the US dollar, security (Solan said In an advertisement of April 24.

The fund also incorporates liquid upgrade tokens – including Mantle methamphetamine, Bybit BBSOL and Ethena USDE – in order to improve yields with Onchain’s yield, according to the announcement.

The launch comes while retail and institutions increase exposure to cryptocurrencies, in particular bitcoin, such as a hedge in the midst of macroeconomic uncertainty.

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Mantra says that the CEO began the process of burning its 150 million om tokens

The founder and CEO of Mantra, John Patrick Mullin, began to win 150 million of his mantra tokens (OM) in preparation to send them to a burning address in order to restore the value of the token by tightening the supply.

Mantra announcement On April 21, that the disconnection process had started and would be completed by April 29, how the mantra (OM) tokens (OM) of Mullin will be sent to the burning address and permanently withdrawn from food in circulation.

Source: John Patrick Mullin

Mullin said it was a “first step in the reconstruction of confidence with the community, but far from the last”.

Mantra said that it was also in talks with “the main ecosystem partners” to burn additional OM om to bring the total amount of burns to 300 million.

With 150 million OM less, the total mantra offer will decrease to 1.67 billion, and its number of marked tokens will drop from more than 26% to 421.8 million OM, against 571.8 million OM.

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Symbiotic increases $ 29 million for the universal coordination layer based on milestones

The protocol for putting the symbiotic cryptocurrency on standby in line has closed a series of series financing of 29 million dollars led by web3-oriented investment companies, notably Pantera Capital and Coinbase Ventures, in order to support the launch of a new economic coordination layer for blockchain safety.

La Ronde included more than 100 providential investors, with the participation of the main players in the AAVE, Polygon and Starkware industry, said the company in an announcement of April 23 shared with Cointelegraph.

The closing of the financing round also marks the launch of the Universal ignition framework of Symbiotic, which aims to be an economic coordination layer which strengthens the security of blockchain via the development.

The new ignition layer allows you to use any combination of cryptocurrencies to secure networks, including monolithic and modular blockchains of layer 1 and layer 2, said the ad.

“We have created a modular framework that allows protocols to develop safety models over time while effectively coordinating the risk,” said Misha Patitin, co-founder of Symbiotic, in Cointelegraph. “This allows protocols at each stage of their life cycle to develop their safety models in a transparent way without reconstructing infrastructure.”

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Sec Retays Dision on Polkadot ETF

The American Securities and Exchange (SEC) commission has delayed a decision on the advisability of approving a Stock Exchange (ETF) funds, holding Polkadot’s native token, according to regulatory deposits.

According to At a file of April 24, the regulator extended its deadline for a final decision until June 11, almost four months after the NASDAQ requested authorization to list the Polkadot trust on February 24.

According to dry financial derivatives, the Graycale FNB file adds to a list of around 70 ETF offered, including funds with altcoins, same and financial derivatives related to crypto.

The active managers launch FNB for “all of XRP, Litecoin and Solana to the Penguins, Doge and 2x Melania and everything else”, the Bloomberg Eric Balchunas analyst said In an article of April 21 on the X platform. Asset Manager 21Shares also awaits permission to list your own ETF Polkadot.

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Presentation of the DEFI market

According to Cointelegraph Markets Pro and TradingView data, most of the 100 largest cryptocurrencies by market capitalization ended the week in green.

The official Trump (Trump) token increased by more than 73% as the biggest winner of the week, after the president announced an exclusive dinner in person for the best holders of tokens. The SUP (SUI) token increased by more than 69% as the second high -performance token of the week.

Total value locked in DEFI. Source: Defillama

Thank you for reading our summary of the most impactful DEFI developments this week. Join us next Friday for more stories, information and education concerning this dynamically advanced space.