Tag: Redemption

Ondo Price Spikes 5% as Ondo Finance Tests Instant USDC Redemption From BlackRock (BLK) BUIDL Fund

Ondo Price Spikes 5% as Ondo Finance Tests Instant USDC Redemption From BlackRock (BLK) BUIDL Fund

The BlackRock USD Institutional Digital Liquidity Fund, created with tokenization firm Securitize, holds cash, U.S. Treasury bills and repurchase agre [...]
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

On Feb. 15, Genesis received permission from a New York bankruptcy court to sell the nearly 36 million shares in GBTC, as well as additional shares in [...]
Carvana targets redemption after bankruptcy concerns, restructuring

Carvana targets redemption after bankruptcy concerns, restructuring

A Carvana sign and signature vending machine in Tempe, Ariz.Michael Wayland/CNBCPHOENIX – As layoffs and cost cuts roil Wall Street, from retail and s [...]
Wintermute claims NEAR backed out of $11M stablecoin redemption deal

Wintermute claims NEAR backed out of $11M stablecoin redemption deal

The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy [...]
Tether reportedly shuts USDT redemption for some Singapore customer groups

Tether reportedly shuts USDT redemption for some Singapore customer groups

Tether, the largest stablecoin issuer behind USDT, has reportedly changed its terms of services (ToS) in Singapore. An email shared by the decentrali [...]
Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

TURKISH LIRA KEY POINTS: Trading Strategies and Risk Management Global Macro Recommended by Zain Vawda READ MORE: Bitcoin (BTC/USD) Posts a [...]
Circle clears ‘substantially all’ minting and redemption backlog for USDC

Circle clears ‘substantially all’ minting and redemption backlog for USDC

Stablecoin issuer Circle has announced it has cleared "substantially all" of the backlog of redemption requests for its stablecoin USD Coin (USDC).In [...]
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’

Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’

Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made cl [...]
Tron TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens

Tron TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens

FTX announced that Tron-based assets could be moved to external wallets. www.coindesk.com [...]
Cramer’s lightning round includes a fintech ‘on the road to redemption’

Cramer’s lightning round includes a fintech ‘on the road to redemption’

PayPal (PYPL): "PayPal did very well today. They are already on the road to redemption."MicroVision (MVIS): "It's a $3 stock. It's a dice roll. It cou [...]
Tetragon Sues Ripple to Power Inventory Redemption

Tetragon Sues Ripple to Power Inventory Redemption

Certainly one of Ripple Labs’ huge monetary backers is seeking to reverse its wager on the XRP issuer.Tetragon Monetary Group LTD, the multi-billio [...]
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