Latest news with #ETH-based
Associated Press
4 days ago
- Business
- Associated Press
Cactus Custody Taps Chorus One to Power Seamless Institutional ETH Staking
05/28/2025, Singapore, Singapore // KISS PR Brand Story PressWire // Cactus Custody, the qualified institutional custodian brand under Matrixport, has integrated Chorus One 's ETH Vaults into Cactus Link, its proprietary multi-chain wallet extension. This partnership delivers seamless access to high-performance Ethereum staking for institutions, combining trusted custody with Chorus One's research-driven validator infrastructure. Cactus Tasked with safeguarding over $10B in digital assets, Cactus Custody is expanding its offerings to meet growing institutional demand for secure, compliant blockchain solutions. The integration of ETH Vaults simplifies the path to ETH-based rewards—eliminating manual workflows and bringing sophisticated staking products directly into the custody environment. 'Institutional adoption is no longer a distant goal—it's happening now,' said Brian Crain, CEO of Chorus One. 'We're excited to work with Cactus to deliver secure, intuitive access to next-gen staking solutions, and to help shape a unified financial hub for institutions in the APAC region.' Timothy Tan, Head of Sales and Partnerships of Cactus Custody, added, 'At Cactus Custody, we're committed to bridging the gap between institutional-grade security and the dynamic opportunities of blockchain technology. Partnering with Chorus One empowers our clients with seamless access to trusted staking solutions through Cactus Link, transforming complex reward generation into a streamlined, secure, and intuitive experience.' Live Now on Cactus Link Institutional users can now access ETH Vaults directly through Cactus Link, including: This partnership enhances the institutional staking experience and sets a new benchmark for accessible and efficient solutions. As blockchain technology continues to evolve, Cactus Custody and Chorus One remain committed to delivering reliable, high-performance financial tools for a broad range of users. About Cactus Custody Founded by Jihan Wu, Cactus Custody is an institutional digital asset custodian. It is ISO certified and operates as a licensed trust company in Hong Kong (Licence Number TC006789) with a temporary exemption granted by the Monetary Authority of Singapore. The company complies with all applicable capital and anti-money laundering regulations. Cactus Custody secures billions of dollars in digital assets for over 300 institutional clients, including mining firms, mining pools, investment funds, asset managers, and over-the-counter trading platforms. About Cactus Link Cactus Link is a browser-based wallet extension that enables institutions to engage in decentralized finance activities across nearly 30 public blockchains. Supported networks include Ethereum, Solana, Bitcoin, and Cosmos, covering both EVM-compatible and non-EVM environments. Users can stake securely without mnemonic phrases and benefit from features such as transaction validation, address verification, approval workflows, hardware-based signatures, Taproot support, and additional auditing protections. For more information, visit: About Chorus One Chorus One is a global staking provider trusted by institutional and retail clients. Its ETH Vault products, including MEV Max and Obol, deliver enhanced staking rewards through advanced blockchain infrastructure. With support for multiple chains and a strong reputation for reliability and innovation, Chorus One continues to provide secure and efficient staking solutions. Media Contact Cactus Custody Cactus Custody PR Team [email protected] Chorus One Rajiv Naidoo [email protected] This content was first published by KISS PR Brand Story. Read here >> Cactus Custody Taps Chorus One to Power Seamless Institutional ETH Staking
Yahoo
07-05-2025
- Business
- Yahoo
Ripple's win against SEC pushes XRP into the institutional spotlight
Institutional support and the nearing end of Ripple's securities violations case are the primary factors behind the resilient performance of XRP during the first quarter of 2025, the latest XRP markets report said. The Wall Street giant Franklin Templeton applied to launch a spot XRP exchange-traded fund (ETF). In addition, Volatility Shares applied to launch three XRP ETFs; CME also launched XRP futures. XRP-based products recorded $37.7 million in inflows during Q1. The year-to-date (YTD) inflows stood at $214 million, only $1 million short of surpassing ETH-based funds. The payments firm also secured a victory in the lawsuit with the Securities and Exchange Commission (SEC) during Q1, ending the multi-year legal saga. The performance of XRP remained resilient during the last quarter. Its value rose around 50% in early February and outperformed both Bitcoin and Ethereum. This is particularly impressive during a volatile Q1 due to the broader market turbulence ahead of President Donald Trump's tariff escalations. Average daily volume of XRP spots hovered around $3.2 billion during the quarter. Trading volume spiked at the end of January and early February before dipping in March. Source: Ripple However, XRP's on-chain activity declined sharply during Q1. The number of transactions fell from 167.7 million in Q4 2024 to 105.5 million in Q1 2025 — a decline of 37.06%. Similarly, new wallets fell from 709,545 in Q4 2024 to 423,727 in Q1 2025 — a decline of 40.28%. XRP is the world's fourth-largest cryptocurrency. As per Kraken's price feed, it was trading at $2.09 at press time — nearly the same price as on Jan. 1.
Associated Press
05-02-2025
- Business
- Associated Press
Intchains Group Limited to Participate in the 'Digital Assets 2025: To Bitcoin and Beyond,' Virtual Conference Presented by Maxim Group LLC on Wednesday, February 12th at 9:30 a.m. EST
SHANGHAI, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) ('we,' or the 'Company'), an innovative altcoins development company that primarily focuses on providing integrated solutions consisting of mining products for altcoins, and on acquiring and holding ETH-based cryptocurrencies as its long-term asset reserve to support its Web3 industry development initiatives including actively developing Web3-based applications, today announced that Company CFO Charles Yan has been invited to present at the 'Digital Assets 2025: To Bitcoin and Beyond', Presented by Maxim Group LLC, on Wednesday, February 12th, 2025, at 9:30 a.m. EST. Our company will be taking part in the 'Digital Assets 2025: To Bitcoin and Beyond' Virtual Conference. Matthew Galinko, Research Analyst at Maxim Group, will sit down with companies in the digital asset ecosystem, including bitcoin miners, equipment providers, and corporate adopters of crypto as a treasury strategy. We will discuss the evolution of the industry and prospects in the new year with regulatory changes expected in the months ahead. This conference will be live on M-Vest. To attend, sign up to become an M-Vest member. About Intchains Group Limited Intchains Group Limited is an innovative altcoins development company that primarily focuses on providing integrated solutions consisting of mining products for altcoins, and on acquiring and holding ETH-based cryptocurrencies as its long-term asset reserve to support its Web3 industry development initiatives including actively developing Web3-based applications. For more information, please visit the Company's website at: About Maxim Group LLC Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit Contacts: Intchains Group Limited Redhill Belinda Chan
