TradFi Giant Nomura Teams Up With Dinero On ETH Staking Fund

Quick Summary:

Dinero, the recently rebranded Redacted Cartel, has teamed up with Nomura, Japan’s largest investment bank and brokerage group, to launch an institutional fund offering exposure to Ethereum (ETH) staking rewards.

The project’s token migration from BTRFLY to DINERO went live on July 22, with Dinero describing the move as modernizing its tokenomics.

The launch of IpxETH follows spot Ether exchange-traded funds (ETFs) entering the market on July 23, opening the door to increased institutional adoption of ETH.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaJapan

Topics: Fund Latest News Teams Up Nomura Dinero News TradFi Giant Eth staking

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 01:28:19 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21879854

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Official Website: bitcoinworld.co.in

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News Last Updated: 12 hours ago

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