a set of index perpetual contracts linked to meme coins, the top 30 cryptocurrencies and layer-2 tokens in partnership with market maker Wintermute and index provider GMCIin January with participation from Wintermute and Amber. The firm is offering traders GMCI’s MEME index, which includes top meme coins like SHIB, PEPE and DOGE, and an L2 index that monitors scaling tokens like MATIC, IMX and OP, the companies said.
Sonnenshein said the selling connected to settlements of bankrupt crypto companies like FTX is"largely behind us," according to the report, citing an appearance on a Reuters podcast. When the U.S. Securities and Exchange Commission approved spot bitcoin ETFs in January, Grayscale's product , which had already existed for several years as a trust, experienced significant outflows as existing investors likely sold their shares to buy into one of the new funds.
It is designed to amplify the Bitcoin blockchain’s infrastructure and provide cheap and fast transactions by allowing users"to access applications that use Bitcoin for everything, enabling a thriving circular economy," the venture firm said. Mezo will go live with support from Thesis’ bitcoin-backed Ethereum token tBTC, which allows users to get bitcoin into Ethereum’s ecosystem.
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Source: CoinDesk - 🏆 291. / 63 Read more »