The U.S. Securities and Exchange Commission (SEC) is reportedly investigating whether to classify Ethereum, the world's second-largest cryptocurrency, as a security, according to multiple companies that received subpoenas related to the probe.
The world’s largest asset manager BlackRock has announced the launch of its first tokenized fund on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
Cryptocurrency exchange Kraken is launching a qualified custody service dubbed Kraken Custody for institutional clients leveraging Kraken Financial, the firm’s state-chartered bank based in cryptocurrency-friendly Wyoming.
Top stories in the Crypto Roundup today:
- SEC Investigates Ethereum’s Potential Status as a Security
- BlackRock Launches Ethereum-Based Tokenized Fund BUIDL
- Kraken Unveils Crypto Custody Solution for Institutions
- Total Stablecoin Market Capitalisation Reaches Highest Level Since September 2022