News
18 Jul 2025, 10:05
KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities
VICTORIA, Seychelles, July 18th, 2025, Chainwire On July 18, 2025, the leading global cryptocurrency exchange KuCoin officially announced the listing of xStocks and that they are joining the xStocks alliance. xStocks are tokenized stocks powered by the Swiss-based company Backed . This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities. The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain. Capturing a Dual-Cycle Growth Opportunity: Bridging Traditional and Crypto Assets On July 10, 2025, NVIDIA became the first publicly listed company to surpass a $4 trillion market capitalization. Just days later, on July 14, Bitcoin reached an all-time high, breaching $120,000 for the first time. As traditional equities and crypto assets simultaneously enter bullish territory, xStocks offer global investors a new paradigm of portfolio construction—"with tokenized NVIDIA in one hand, Bitcoin on the other." As the first USDT-denominated tokenized equity platform accessible in the largest number of countries and regions, KuCoin’s listing of xStocks opens a low-barrier, highly efficient, and transparent investment gateway, empowering users to seamlessly move between top US equity exposure and crypto assets. A Truly Global Asset Allocation Platform: Empowering Long-Term User Value As one of the most internationally accessible crypto trading platforms, KuCoin currently serves over 41 million users across 200+ countries and regions. Committed to user asset safety and long-term value creation, KuCoin continues to build a comprehensive, sustainable, and robust product ecosystem designed to empower global investors. The xStocks product line is grounded in transparency and composability, with the following structural safeguards: Each tokenized asset is fully backed 1:1 by real stocks held in third-party regulated custodian banks, in a bankruptcy remote structure. Tokens are issued under an approved EU prospectus and tokenized following the Swiss DLT Act. Token holders have the primary claim to the value of any held collateral. Proof of Reserves, powered by Chainlink, coming soon for xStocks. Supporting Capital Flexibility via Strategic Allocation and Execution Infrastructure The launch of xStocks enhances capital efficiency and portfolio agility for crypto-native users, while also providing new tools to balance risk and reward across market cycles: Flexible allocation, diversified exposure: Users can tailor portfolios to their risk preferences by allocating between exposure to US ETFs, high-growth tech stocks, and digital assets—blending conservative and aggressive strategies. Unified trading, frictionless switching: Through KuCoin’s account, users can effortlessly swap between tokenized stocks and crypto using USDT, without fiat onramps or platform switching. A true one-account solution for global multi-asset investing. BC Wong, CEO of KuCoin, commented: “At KuCoin, we are dedicated to building a secure and trustworthy investment platform centered on user asset protection and long-term value growth. The launch of xStocks is not only a key extension of our global asset offering—it’s a strategic milestone in bridging traditional finance and the Web3 ecosystem. Moving forward, we will continue expanding quality listings and refining the user experience, helping investors capture global growth opportunities—all in one account.” About KuCoin Founded in 2017, KuCoin has established itself as one of the most globally recognized and reliable cryptocurrency platforms, built on a robust and secure foundation of cutting-edge blockchain technology, liquidity solutions, and enhanced user account protection. With over 41 million users across 200+ countries and regions, KuCoin is committed to empowering the digital economy by providing secure, innovative, and compliant solutions tailored to meet the needs of its global community. KuCoin offers access to 1,000 digital assets and a diverse range of digital assets solutions, including web3 wallet, Spot trading, Futures Trading, institutional wealth management services, and payments. KuCoin’s dedication to excellence has garnered prestigious recognitions, such as being named among Forbes’ "Best Crypto Apps & Exchanges" and one of the "Top 50 Global Unicorns" by Hurun in 2024. KuCoin has successfully achieved SOC 2 Type II and ISO 27001:2022 Certifications, which provide a structured approach to managing information security, covering aspects like risk management, access control, data governance, and incident response. In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion, underscoring its legitimacy and stability in the rapidly evolving digital finance landscape. Under the leadership of its new CEO, BC Wong, KuCoin reaffirms its commitment to global growth, innovation, and meeting the highest standards of security and regulatory compliance. As a trusted and forward-looking platform, KuCoin strives to deliver a secure, transparent, and reliable ecosystem for users to thrive in the digital economy. About Backed Founded in 2021, Backed is the leading issuer of compliant tokenized equities and ETFs, including the innovative xStocks line of products. Backed's products are freely transferable ERC-20 and SPL tokens compatible with Ethereum and Solana DeFi ecosystems. For more information, users can visit https://backed.fi/ Contact KuCoin Media Contact [email protected]
18 Jul 2025, 10:03
KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities
BitcoinWorld KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities VICTORIA, Seychelles, July 18th, 2025, Chainwire On July 18, 2025, the leading global cryptocurrency exchange KuCoin officially announced the listing of xStocks and that they are joining the xStocks alliance. xStocks are tokenized stocks powered by the Swiss-based company Backed . This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities. The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain. Capturing a Dual-Cycle Growth Opportunity: Bridging Traditional and Crypto Assets On July 10, 2025, NVIDIA became the first publicly listed company to surpass a $4 trillion market capitalization. Just days later, on July 14, Bitcoin reached an all-time high, breaching $120,000 for the first time. As traditional equities and crypto assets simultaneously enter bullish territory, xStocks offer global investors a new paradigm of portfolio construction—”with tokenized NVIDIA in one hand, Bitcoin on the other.” As the first USDT-denominated tokenized equity platform accessible in the largest number of countries and regions, KuCoin’s listing of xStocks opens a low-barrier, highly efficient, and transparent investment gateway, empowering users to seamlessly move between top US equity exposure and crypto assets. A Truly Global Asset Allocation Platform: Empowering Long-Term User Value As one of the most internationally accessible crypto trading platforms, KuCoin currently serves over 41 million users across 200+ countries and regions. Committed to user asset safety and long-term value creation, KuCoin continues to build a comprehensive, sustainable, and robust product ecosystem designed to empower global investors. The xStocks product line is grounded in transparency and composability, with the following structural safeguards: Each tokenized asset is fully backed 1:1 by real stocks held in third-party regulated custodian banks, in a bankruptcy remote structure. Tokens are issued under an approved EU prospectus and tokenized following the Swiss DLT Act. Token holders have the primary claim to the value of any held collateral. Proof of Reserves, powered by Chainlink, coming soon for xStocks. Supporting Capital Flexibility via Strategic Allocation and Execution Infrastructure The launch of xStocks enhances capital efficiency and portfolio agility for crypto-native users, while also providing new tools to balance risk and reward across market cycles: Flexible allocation, diversified exposure: Users can tailor portfolios to their risk preferences by allocating between exposure to US ETFs, high-growth tech stocks, and digital assets—blending conservative and aggressive strategies. Unified trading, frictionless switching: Through KuCoin’s account, users can effortlessly swap between tokenized stocks and crypto using USDT, without fiat onramps or platform switching. A true one-account solution for global multi-asset investing. BC Wong, CEO of KuCoin, commented: “At KuCoin, we are dedicated to building a secure and trustworthy investment platform centered on user asset protection and long-term value growth. The launch of xStocks is not only a key extension of our global asset offering—it’s a strategic milestone in bridging traditional finance and the Web3 ecosystem. Moving forward, we will continue expanding quality listings and refining the user experience, helping investors capture global growth opportunities—all in one account.” About KuCoin Founded in 2017, KuCoin has established itself as one of the most globally recognized and reliable cryptocurrency platforms, built on a robust and secure foundation of cutting-edge blockchain technology, liquidity solutions, and enhanced user account protection. With over 41 million users across 200+ countries and regions, KuCoin is committed to empowering the digital economy by providing secure, innovative, and compliant solutions tailored to meet the needs of its global community. KuCoin offers access to 1,000 digital assets and a diverse range of digital assets solutions, including web3 wallet, Spot trading, Futures Trading, institutional wealth management services, and payments. KuCoin’s dedication to excellence has garnered prestigious recognitions, such as being named among Forbes’ “Best Crypto Apps & Exchanges” and one of the “Top 50 Global Unicorns” by Hurun in 2024. KuCoin has successfully achieved SOC 2 Type II and ISO 27001:2022 Certifications, which provide a structured approach to managing information security, covering aspects like risk management, access control, data governance, and incident response. In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion, underscoring its legitimacy and stability in the rapidly evolving digital finance landscape. Under the leadership of its new CEO, BC Wong, KuCoin reaffirms its commitment to global growth, innovation, and meeting the highest standards of security and regulatory compliance. As a trusted and forward-looking platform, KuCoin strives to deliver a secure, transparent, and reliable ecosystem for users to thrive in the digital economy. About Backed Founded in 2021, Backed is the leading issuer of compliant tokenized equities and ETFs, including the innovative xStocks line of products. Backed’s products are freely transferable ERC-20 and SPL tokens compatible with Ethereum and Solana DeFi ecosystems. For more information, users can visit https://backed.fi/ Contact KuCoin Media Contact [email protected] This post KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities first appeared on BitcoinWorld and is written by chainwire
17 Jul 2025, 15:35
Canary Capital expands its ETF selection with new INJ filing
Canary Capital has expanded its ETF selection with a new filing, this time for a staking Injective (INJ) ETF. The selection points to growing trust in selected altcoins in the new wave of funds. Canary Capital has filed with the US Securities and Exchange Commission, starting the process for an ETF based on Injective (INJ). The new fund will include staking and will expose US investors to INJ staking, joining the trend of ETFs with on-chain passive income. Injective greeted the ETF opportunity as a potential institutional recognition of its technology. 1/ History is being made today! Canary Capital just filed the first US Staked $INJ ETF with the SEC, giving institutions and everyday investors a regulated path to access the native Injective token through traditional brokerages and banking rails. Here's why it's a big deal 🧵 pic.twitter.com/GkLtkR41N1 — Injective 🥷 (@injective) July 17, 2025 The Injective Trust set up by Canary Capital will stake INJ on the native Injective network, with an allocation of only a part of the total holdings. INJ staking is relatively high yield, with up to 11.5% in rewards. The exact INJ staking rewards depend on the selected validator , where each one has a different ranking and risk profile. If approved, the ETF will show a willingness to consider smaller networks and directly tap the value of staking coins and the ecosystem of validators. The Injective network relies on 51 validators for its security, with varying returns and reliability. Kiln remains the leading validator with over $68M in staking, followed by a node run by Deutsche Telekom. INJ rallies by 25% last week Following the exposure from Canary Capital, INJ expanded by 25% in the past week to $13.49. INJ has attempted to build a reputation of being a key platform for DeFi, though it has grown at a slower pace compared to other chains. INJ rallied in the past week, extending its rally after the Canary Capital ETF filing. | Source: Coingecko INJ is among the relatively smaller networks, with around 71K daily active addresses. Activity on Injective picked up in July, following a long period of inactivity. As of July, the Injective DeFi sector was still limited, with around $37M in total value locked. While Injective has been actively building, its DeFi sector lags behind larger networks. Despite the relatively slow performance, Canary Capital’s interest in INJ shows the focus is shifting to eligible altcoins. Canary Capital is one of the funds to expand to previously overlooked altcoins. The list of potential Canary funds includes LTC, TRX, SUI, and HBAR, in addition to the most closely watched filings for XRP and SOL. Injective taps RWA demand Injective is one of the networks aiming to tap the RWA narrative. Injective Labs introduced a BUIDL token listing, tracking BlackRock’s tokenized money fund. In general, Injective aims to build Web3 infrastructure, spanning both on-chain activity and financial value. So far, Injective has shown one successful ETP for the European Market. 21Shares launched its AINJ ETP, demonstrating the demand for regulated INJ products. Injective is a relatively new addition to the crypto space, launching just before the 2021 bull market. The project raised $59.7M in several funding rounds, with Binance and Mark Cuban joining in. The public sale raised around $7.1M, leaving most of the INJ tokens to insiders. All INJ tokens have been unlocked, and the token trades closed to its fully diluted valuation of $1.39B. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
17 Jul 2025, 14:36
As Shiba Inu Trends Again, Analysts Say Ozak AI Might Be the Utility Breakout of the Year
The post As Shiba Inu Trends Again, Analysts Say Ozak AI Might Be the Utility Breakout of the Year appeared first on Coinpedia Fintech News Shiba Inu has returned to market attention as its chart formation nears a potential breakout zone. While Shiba Inu gains momentum and returns to its trending ground again, market analysts are tracking Ozak AI as a higher potential investment with stronger fundamentals. Shiba Inu Trends Again as Price Tests Resistance Hailey LUNC has recently observed that Shiba Inu is testing the upper boundary of a descending channel that hasn’t been changed since February 2023. Price bounced from the $0.00000800–$0.00000950 support and is now near the 50-day moving average. This level also aligns with the channel’s midline. Source: X The three consecutive resistance levels it may test are $0.00001500, $0.00001750, and $0.00002050. Further movement may reach $0.00002500, followed by $0.00002812 and $0.00003857. If the breakout fails, a return to $0.00000850 is possible. Weekly gains of over 14% have been recorded. Upcoming closes will determine direction as the token holds a critical level. Ozak AI Drives Adoption Through Utility and Infrastructure Ozak AI combines artificial intelligence, blockchain, and DePIN frameworks for enterprise-grade services. The platform deploys Ozak Stream Network (OSN), which is responsible for delivering tamper-proof and accurate data from different networks. OSN powers real-time financial decisions and analytics through verified on-chain sources. The DePIN infrastructure allows distributed data to remain secure, redundant, and accessible in real time. Smart contracts control access to datasets, with all transactions recorded on an immutable ledger. Ozak AI’s network enables real-time interactions within smart systems, including IoT. Its tools ensure reliability and responsiveness inside automated financial and enterprise environments. Youtube embed: Next 500X AI Altcoin Presale Structure, Token Listings, and Current Stage The presale of Ozak AI’s token, $OZ, has progressed through several pricing stages. It started at $0.001 in the first stage, then increased to $0.002 in the second stage, followed by $0.003 in the third. The current, fourth stage is priced at $0.005. Keeping up the momentum, the next phase will see the price rise to $0.01. The project aims to set the listing price at $0.05, with a long-term target of $11 per token. According to current data, approximately 29.61 million tokens have been sold out of the 200 million available in the presale. So far, total funds raised have reached about $1.35 million. Further, Ozak AI is already listed on CoinMarketCap and CoinGecko, which will give more visibility to the project. Tokenomics, Use Cases, and Active Campaigns Out of a total of 10 billion $OZ tokens , 3 billion tokens are purely dedicated to the presale, and the other 3 billion are for the community and ecosystem. One billion supports liquidity, another billion is reserved for the team and advisors, and the final 2 billion serves as future reserves. The team behind this project has also come up with an exciting giveaway of $1 million on the platform. Participants are required to have at least $100 worth of $OZ to qualify for this airdrop. The reward will be shared among 100 winners. Every task and referral that has been accomplished gives a participant an opportunity to win. The giveaway coincides with the presale program. Prediction Agent is an autonomous data analysis product of Ozak AI working on both internal and external feeds. It enables predictive modeling and safe decisions of the whole ecosystem. For more information about Ozak AI, visit the links below: Website: https://ozak.ai/ Twitter/X: https://x.com/OzakAGI Telegram: https://t.me/OzakAGI
17 Jul 2025, 06:00
Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote
Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset bills in a narrow vote. This effort follows Tuesday’s failed attempt to advance the proposed legislation to a floor debate during the “Crypto week.” Related Reading: SUI Eyes 140% Move As Price Reclaims $4 – New ATH Imminent? US House Passes Motion To Reconsider On Wednesday, the US House of Representatives voted on a motion to reconsider three major crypto legislations that failed to pass their procedural vote on Tuesday. As reported by NewsBTC, Congress’s lower chamber blocked the motion in a 196-223 vote, with 13 Republicans siding with the Democrats. Following the failed vote, Lawmakers had reportedly planned to hold a vote to reconsider the motion for later in the day, but it was ultimately scheduled for Wednesday morning. On Tuesday night, US President Donald Trump personally met with 11 of the 12 Republican representatives needed to pass the bills, securing their support. The lawmakers met for the second time this week to decide the fate of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, the Digital Asset Market Clarity (CLARITY) Act of 2025, and the anti-CBDC (Central Bank Digital Currency) bill. The motion to reconsider the trio of bills cleared the House in a 215-211 vote, with all Republican representatives voting in favor this time. Now, the US House prepares to hold a new procedural vote later today and decide whether to send the three landmark bills to a final vote. Representative Andy Harris shared on X that “House Freedom Caucus Members will be voting in favor of the rule today after reaching an agreement with President Trump last night.” Under the agreement, the House Committee on Rules will meet today to include “clear, strong, anti–Central Bank Digital Currency (CBDC) provisions to the CLARITY legislation” to ensure Americans are “protected from government overreach into their financial privacy.” Crypto Legislation Faces New Challenges Despite the crucial approval of a motion to reconsider, the bills now face a new roadblock. Politico reporter Meredith Lee Hill revealed that “there’s another crypto mess unfolding on the House floor.” In a series of X posts, the journalist affirmed that the potential merger of two of the three crypto legislations could pose a problem for the upcoming vote. Seemingly, the House Grand Old Party (GOP) leaders are trying to combine the House’s market structure and anti-CBDC bills after passing the floor. However, Republicans from the House Financial Services Committee are hesitating at that plan, as it “will doom Clarity.” House Agriculture Committee Republican representatives also consider that combining the two bills could kill the CLARITY Act, arguing that “even the threat of doing this emergency rules meeting may have already done so.” Journalist Eleanor Terret added that combining the bills could make CLARITY harder to pass because “they risk losing Dem votes over the anti-CBDC language.” A GOP Senate staffer reportedly told Terret that they are “just hoping the House can move something, anything, so crypto legislation can survive to the next step. We have options to move forward, but no one wants another failed vote that kills momentum.” Related Reading: Top Crypto Exchanges Made $172 Million From TRUMP Memecoin Listing – Report Meanwhile, the GENIUS Act would remain a standalone bill, despite previous attempts to merge it with the market structure bill. Since it already passed the Senate, the bill only needs to pass the final House vote to head to President Trump’s desk. Despite the legislative uncertainty, the crypto market continues to recover from yesterday’s drop, with Bitcoin (BTC) holding the $119,000 area as support. Featured Image from Unsplash.com, Chart from TradingView.com
15 Jul 2025, 20:00
SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip
Ethereum is undergoing a critical test after breaking above the key $2,850 resistance level and reaching a local high of $3,080. Since then, ETH has retraced by less than 5%, holding steady and showing signs of strength amid broader market volatility. The ability to maintain levels above $2,850 is being closely watched by traders and analysts as a potential launchpad for the next leg higher. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth Market sentiment remains increasingly optimistic, fueled by strong fundamentals and signs of institutional accumulation. According to on-chain data, SharpLink Gaming—one of the first Nasdaq-listed companies to develop a treasury strategy centered on Ethereum—purchased another $73,210,000 worth of ETH yesterday. This marks another strong signal that smart money is confident in Ethereum’s long-term value. As the crypto market awaits key developments from US regulators during “Crypto Week,” Ethereum’s price action and on-chain indicators remain aligned with a bullish outlook. If ETH can hold current levels and build momentum, the path toward $3,500 becomes increasingly realistic. With rising institutional demand and strong network fundamentals—including record ETH staking—Ethereum appears well-positioned to lead the next phase of the altcoin market rally. SharpLink Becomes Largest Public ETH Holder With $611M in Ethereum SharpLink Gaming has officially become the largest publicly known holder of Ethereum, with total holdings now reaching 205,634 ETH, valued at approximately $611 million. This milestone positions the Nasdaq-listed company at the forefront of institutional Ethereum adoption, setting a new benchmark for corporate treasury strategies in the crypto space. Top analyst Ted Pillows confirmed the latest purchase through on-chain data, revealing that the transaction originated from a Coinbase Prime hot wallet, commonly used by institutions for large-scale acquisitions. This move signals increasing confidence in Ethereum’s long-term value, particularly as companies begin diversifying beyond Bitcoin to gain exposure to smart contract infrastructure. Ethereum’s technical setup remains strong, with price holding well above the $2,850 support zone following its recent move to $3,080. At the same time, fundamentals continue to improve. The ETH supply staked has reached new all-time highs, indicating that more long-term holders are locking up their assets rather than selling into strength. Combined with increased institutional interest, this reflects growing conviction in Ethereum’s role as a foundational layer for Web3. The coming weeks promise to be pivotal. With market sentiment turning bullish and Ethereum gaining traction in corporate circles, the stage is set for a sustained upward move, especially if broader macro and regulatory conditions remain favorable. Related Reading: $30B In Bitcoin Added By Accumulator Wallets: Are Long-Term Players Preparing Early? ETH Holds Above Key Breakout Zone Ethereum’s 3-day chart shows a bullish continuation pattern, with price currently holding at $2,978 after recently breaking through a critical resistance zone at $2,850. The breakout marked a shift in momentum following a prolonged consolidation phase and pushed ETH to a local high of $3,041.41. Although a slight retracement followed, the current structure remains strong as bulls successfully defend the $2,850–$2,900 area. This level is particularly important as it aligns with multiple technical indicators. The 200-day simple moving average (SMA) sits at $2,805.46, now acting as dynamic support. ETH also remains well above the 50-day and 100-day SMAs, currently at $2,244.80 and $2,661.68, confirming that the broader trend has turned bullish. Related Reading: Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm Volume remains elevated, suggesting continued buying interest on dips. If ETH holds above $2,850 in the coming sessions, the next logical target is the $3,300–$3,500 zone, where previous highs and psychological resistance converge. Featured image from Dall-E, chart from TradingView