Wrynn, who reportedly endured the rigors of JP Morgan (presumably for the frequent flyer miles), is now tasked with transforming Invesco’s digital asset portfolio, which—according to a suspiciously optimistic press release—is worth $1.6 billion, spread thick across ETFs and “ecosystem” paraphernalia. (“Ecosystem” here means “nobody knows what these funds actually do, but it all sounds terribly green.”)
In the grand theater of geopolitics, the latest drama between Israel and Iran has slammed the brakes on our crypto rocket, which was soaring just a few weeks ago. 🎭
The fund, not unlike the fabled troika galloping in three directions, can be found in the TSX marketplace as CAD-hedged (XRPP), CAD non-hedged (XRPP.B), and, for those who like their greenbacks crisp, a USD-version (XRPP.U). The management fee? A mere 0.69%. “What is that?” people will exclaim, “Just a few kopecks!” Yet rest assured, never fear: total cost capped at 0.89%, with any windfall—like a surprise inheritance from a forgotten uncle—returned to investors. How generous! How Canadian!
Now, you might wonder why they chose this particular moment to dive into the Bitcoin pool, especially when the price is doing its best impression of a limbo dancer—hovering around weekly lows. But fear not! This is all part of a grand strategy they’ve dubbed the Bitcoin Treasury model, which they launched back in November 2024. Because who doesn’t want to sound fancy while buying digital coins?
In a thrilling announcement on June 17 (mark your calendars, folks!), AgriFORCE revealed their partnership with energy provider BlueFlare Energy. Together, they’re like the dynamic duo of the energy and crypto world. Batman and Robin, but with more gas and fewer capes. 🦸♂️
Not content to merely stare into the abyss, Eyenovia will soon answer to Hyperion DeFi, a name so rich it practically coughs up Rubles. They’re throwing out the old business cards and firing up their printers. Fifty million dollars, no mere pittance, will fuel their quest to amass HYPE—the kind that’s traded, not merely felt at Moscow street corners or end-of-quarter earnings calls.
On June 12th, wallets holding between 1,000 and 10,000 ETH decided to throw a party and added over 871,000 ETH in just one day. Talk about a whale-sized buffet! 🍽️🐳
The group, whose name seems to have been pulled straight from a spy novel, tweeted ominously, “After Bank Sepah, it was Nobitex’s turn.” They then made a delightful little promise: “We’ll be releasing the source code and internal data within 24 hours, and any assets left on the platform will be, well, *at risk*.” Is it just me, or does that sound like a really bad bargain? 😬
These days, coins aren’t just for dreamers or the sleep-deprived hackers lurking in basements. They’re inching toward payrolls, cash registers, and—heavens—for the monthly grocery run. Suddenly, the conversation isn’t about shaking fists at Big Finance. It’s about, dare I utter it, *responsibility*. The question isn’t whether crypto can toss a hand grenade into the halls of global banking—it’s whether it can sweep the floors afterwards.
The noble aim of this gathering? To establish a common tongue for tokenized securities and to lay down the technical tracks necessary for transporting traditional financial products—stocks, ETFs, and mutual funds—onto the blockchain. One can almost hear the clinking of glasses in celebration of such lofty aspirations!