BTC $78,076.25 +0.47%
ETH $2,458.19 +0.70%
BNB $692.44 +0.27%
XRP $1.39 +0.63%
SOL $105.34 +1.05%
TRX $0.3399 -0.37%
DOGE $0.0849 -0.33%
ADA $0.2008 -0.46%
BCH $245.93 -0.39%
LINK $11.40 +0.05%
HYPE $83.20 +3.53%
AAVE $125.59 +3.51%
SUI $0.7407 +0.12%
XLM $0.1792 +0.36%
ZEC $831.72 +3.53%
BTC $78,076.25 +0.47%
ETH $2,458.19 +0.70%
BNB $692.44 +0.27%
XRP $1.39 +0.63%
SOL $105.34 +1.05%
TRX $0.3399 -0.37%
DOGE $0.0849 -0.33%
ADA $0.2008 -0.46%
BCH $245.93 -0.39%
LINK $11.40 +0.05%
HYPE $83.20 +3.53%
AAVE $125.59 +3.51%
SUI $0.7407 +0.12%
XLM $0.1792 +0.36%
ZEC $831.72 +3.53%

clearing

All
Article
Flash

RQD Clearing, a U.S. clearing and custody institution, has completed a $74 million financing round, led by Bain Capital

According to CoinDesk, the U.S. clearing and custody institution RQD Clearing announced the completion of a $74 million financing round, led by Bain Capital Tech Opportunities, a technology investment division of Bain Capital, with participation from ABN AMRO Clearing Bank and Nyca Partners. This round of financing will be used to expand operations in North America, Asia, and the Middle East, and to enhance infrastructure development for digital asset custody and asset tokenization.RQD primarily provides post-trade clearing and custody services for broker-dealers, investment advisors, and overseas financial institutions in the U.S. market, responsible for key processes such as securities and funds settlement, and risk management. This year, the company has processed approximately 515 million stock trades, involving nearly $2 trillion, accounting for about 2.4% of the National Market System (NMS) stock trading volume in the U.S.As Wall Street institutions accelerate their exploration of on-chain finance, traditional market infrastructure is becoming an important direction for the competition of tokenized assets. RQD has previously collaborated with Blue Ocean Technologies to advance the clearing and settlement infrastructure for tokenized U.S. stocks and has aligned with the tokenized securities framework of the Depository Trust & Clearing Corporation (DTCC).

Grayscale Zcash spot ETF lands on the New York Stock Exchange Arca, tZERO partners with Sui to access U.S. compliant securities clearing

According to BBX data, yesterday global digital asset funds, compliant financial infrastructure, and institutional merger and acquisition transactions disclosed the latest official ledgers and capital flows. The core dynamics are as follows:Grayscale Zcash spot ETF officially listed on the NYSE Arca: Grayscale's Grayscale Zcash Trust has officially completed its conversion and is now trading as a spot ETF on the New York Stock Exchange Arca, with the stock code "ZCSH". A Grayscale spokesperson stated that the management fee for this ETF is 2.5%, and all income generated will be reinvested into the Zcash ecosystem to promote and enhance the infrastructure and broader development of this privacy network.tZERO and Sui reach strategic cooperation to connect compliant securities infrastructure in the US stock market: Leading blockchain financial infrastructure platform tZERO announced a strategic partnership with the public chain Sui. tZERO will provide full-process support for regulated digital asset securities trading within the Sui ecosystem, covering asset issuance, transfer agent, asset custody, secondary matching transactions, compliance review, and clearing and settlement, significantly expanding Sui's ability to access US domestic financial infrastructure that meets institutional standards.Crypto custodian Copper receives a $200 million potential acquisition offer, valuation down over 90% from peak: The UK-based veteran crypto custodian Copper, once valued at $2.5 billion, has recently attracted interest from new potential buyers, but the acquisition offers received so far are only about $200 million. This valuation not only has significantly decreased but is also far below the $500 million acquisition intention proposed by Cantor Fitzgerald a few months ago, reflecting the valuation pressure in the institutional custody sector amid the transition between bull and bear markets and regulatory reshuffling.RockawayX plans to raise $150 million for a new liquidity fund: Digital asset investment firm RockawayX, which manages approximately $2 billion in assets, announced that it is currently seeking to raise $150 million for its new "Liquidity Opportunity Fund." Previously, RockawayX successfully completed the full acquisition of the crypto hedge fund Relayer Capital, continuously expanding its layout in the secondary market and liquidity strategies.

Data: The total net inflow of Bitcoin spot ETF yesterday was $189 million, and Hashdex DEFI announced its delisting

According to SoSoValue data, the total net inflow for Bitcoin spot ETFs is $189 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of $144 million, bringing IBIT's historical total net inflow to $61.4 billion. Following that is Fidelity ETF FBTC, with a single-day net inflow of $23.92 million, and FBTC's historical total net inflow currently stands at $10.02 billion.The Bitcoin spot ETF with the highest single-day net outflow yesterday was VanEck ETF HODL, with a single-day net outflow of $16.92 million, and HODL's historical total net inflow currently stands at $1.07 billion. Additionally, Hashdex's Bitcoin spot ETF DEFI has initiated a liquidation process due to factors such as asset size, trading liquidity, and operating costs, having ended trading on NYSE Arca on August 17 and will subsequently delist; the fund will begin liquidating its remaining Bitcoin holdings on August 18, with cash liquidation payments to be made to holders around August 24.Bloomberg data shows that as of July 30, DEFI's assets under management were approximately $7.28 million. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $79.3 billion, with an ETF net asset ratio (market value relative to total Bitcoin market value) reaching 6.12%, and the historical cumulative net inflow has reached $52.28 billion.
app_icon
ChainCatcher Building the Web3 world with innovations.