Layer-1 blockchain, Mantra, has launched a $108,888,888 ecosystem fund aimed at accelerating the growth of startups focused on real-world asset (RWA) tokenization and decentralized finance (DeFi). The launch of this fund, named the Mantra Ecosystem Fund (MEF), comes amid the rising demand for stable, asset-backed digital products. Today, we’re announcing the launch of the MEF … Read more
Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based version of its U.S. dollar money market fund. The proposal, filed with the SEC, aims … Read more
Russia is thinking of using the confiscated cryptocurrency in criminal proceedings “for the benefit of the state.” The country may move forward with plans to establish a government cryptocurrency fund using assets confiscated from criminal proceedings. On 20 March 2025, Evgeny Masharov, a member of the Russian Federation’s Public Chamber Commission for public examination of … Read more
With BlackRock and its BUIDL fund surpassing $1b in AUM, investors are now looking for the next 100x RWA opportunity. Enter ONDO and Landshare (LAND). The BlackRock USD Institutional Digital Liquidity Fund, better known as ‘BUIDL’, has surpassed $1 billion in assets under management (AUM), according to a company announcement on Thursday (March 13). This … Read more
WLFI announced the fund on Feb. 11, and noted that the fund is intended to support the cryptocurrency projects and permit their further role into the existing financial system. This intends to strengthen the stability of such assets by diversifying holdings across the tokenized asset spectrum for a more solid financial structure. Meanwhile, it will … Read more