{"id":127986,"date":"2025-04-25T18:21:15","date_gmt":"2025-04-25T18:21:15","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127986"},"modified":"2025-04-25T18:21:15","modified_gmt":"2025-04-25T18:21:15","slug":"crypto-firms-launch-wall-street-style-funds-finance-redefined","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127986","title":{"rendered":"Crypto firms launch Wall Street-style funds: Finance Redefined"},"content":{"rendered":"

Source: Cointelegraph.com NewsCryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets.
\nWith investors seeking more flexible product offerings under one platform, the \u201cline is blurring\u201d between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a \u201cgrowing synergy,\u201d according to Gracy Chen, CEO of Bitget, the world\u2019s sixth-largest crypto exchange.
\nIn the wider crypto space, Securitize partnered with Mantle protocol to launch an institutional fund that will generate yield on a basket of diverse cryptocurrencies, similar to how traditional index funds track a mix of stocks.
\nThe developments come after crypto investor sentiment staged a significant recovery, moving from \u201cfear\u201d to \u201cneutral\u201d for the first time since January 2025.
\nFear & Greed Index chart. Source: CoinMarketCapInvestor sentiment was bolstered after US President Donald Trump said that import tariffs on Chinese goods will \u201ccome down substantially,\u201d adopting a softer tone in negotiations for the first time since the reciprocal tariff announcement.
\nCrypto firms moving into Wall Street territory
\nCryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi).
\n\u201cThere\u2019s a growing synergy between traditional financial investments and the emerging crypto space,\u201d according to Gracy Chen, the CEO of Bitget, the world\u2019s sixth-largest crypto exchange.
\n\u201cCrypto players are now checking out traditional finance as they see the opportunity to bridge it,\u201d Chen told Cointelegraph.
\n\u201cThe lines are blurring. Investors want flexibility, and products that can straddle both worlds are naturally attractive,\u201d Chen said. \u201cSome players see TradFi as a safety net; others, like Bitget, see it as a launchpad for broader adoption.\u201d She added:
\n\u201cIn a volatile market, integration is smarter than isolation.\u201d
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\nSecuritize, Mantle launch institutional crypto fund
\nTokenization platform Securitize partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said.\u00a0
\nSimilar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Solana (SOL), as well as stablecoins tracking the US dollar, Securitize said in an April 24 announcement.\u00a0
\nThe fund also integrates liquid staking tokens \u2014 including Mantle\u2019s mETH, Bybit\u2019s bbSOL, and Ethena\u2019s USDe \u2014 in a bid to enhance returns with onchain yield, according to the announcement.
\nThe launch comes as retail and institutions alike increase exposure to cryptocurrencies, particularly Bitcoin, as a hedge amid escalating macroeconomic uncertainty.
\nContinue reading
\nMantra says CEO has begun the process of burning his 150 million OM tokens
\nMantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token\u2019s value by tightening supply.\u00a0
\nMantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, at which point Mullin’s Mantra (OM) tokens will be sent to the burn address and permanently removed from circulating supply.
\nSource: John Patrick MullinMullin said it was a \u201cfirst step in rebuilding trust with the community, but far from the last.\u201d\u00a0
\nMantra said it was also in talks with \u201ckey ecosystem partners\u201d about burning a further 150 million OM to bring the total burn amount to 300 million.
\nWith 150 million fewer OM, Mantra\u2019s total supply will decline to 1.67 billion, and its number of staked tokens will drop by over 26% to 421.8 million OM from 571.8 million OM.\u00a0
\nContinue reading
\nSymbiotic raises $29 million for staking-based universal coordination layer
\nCryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain security.
\nThe round included more than 100 angel investors, with participation by major industry players Aave, Polygon and StarkWare, the company said in an April 23 announcement shared with Cointelegraph.
\nThe closing of the funding round also marks the launch of Symbiotic\u2019s Universal Staking Framework, which aims to be an economic coordination layer that bolsters blockchain security via staking.
\nThe new staking layer enables the use of any combination of cryptocurrencies to secure networks, including monolithic and modular layer-1 and layer-2 blockchains, the announcement said.
\n\u201cWe\u2019ve created a modular framework that lets protocols evolve security models over time while efficiently coordinating risk,\u201d Misha Putiatin, co-founder of Symbiotic, told Cointelegraph. \u201cThis empowers protocols at every stage of their lifecycle to evolve their security models seamlessly without rebuilding infrastructure.\u201d
\nContinue reading
\nSEC delays decision on Polkadot ETF
\nThe US Securities and Exchange Commission (SEC) delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot\u2019s native token, regulatory filings show.\u00a0
\nAccording to an April 24 filing, the regulator has extended its deadline for a final ruling until June 11, nearly four months after the Nasdaq sought permission to list Grayscale Polkadot Trust on Feb. 24.
\nGrayscale\u2019s ETF filing adds to a roster of about 70 proposed ETFs awaiting SEC approval, including funds holding altcoins, memecoins and crypto-related financial derivatives, according to Bloomberg Intelligence.\u00a0\u00a0
\nAsset managers are pitching ETFs for \u201c[e]verything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,\u201d Bloomberg analyst Eric Balchunas said in an April 21 post on the X platform. Asset manager 21Shares is also awaiting permission to list its own Polkadot ETF.
\nContinue reading
\nDeFi market overview
\nAccording to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market capitalization ended the week in the green.
\nThe Official Trump (TRUMP) token rose over 73% as the week\u2019s biggest gainer, after the president announced an exclusive in-person dinner for the top tokenholders. The Sui (SUI) token rose over 69% as the week\u2019s second-best performing token.
\nTotal value locked in DeFi. Source: DefiLlamaThanks for reading our summary of this week\u2019s most impactful DeFi developments. Join us next Friday for more stories, insights and education regarding this dynamically advancing space.Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsCryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets. With investors seeking more flexible product offerings under… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127986"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127986"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127986\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127986"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}