The crypto market is looking strong on Sept. 17, with the majority of leading coins moving into positive territory.
BitGo announced that its subsidiary, BitGo Europe GmbH, has secured an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin).
European institutional investors can now access BitGo’s crypto OTC trading desk and high-performance electronic platform for spot trading across thousands of digital assets and stablecoins.
London-based fintech firm LMAX Group has launched leveraged crypto derivatives, introducing perpetual futures contracts linked to Bitcoin and Ether for institutional investors.
The exchange, which handles over $40 billion in daily spot trading across FX and digital assets, said the decision responds to client demand for higher-leverage access to cryptocurrency markets.
BNB is currently trading at $955, up almost 3% over the past 24 hours after briefly reaching $962 on Sept. 17, a new all-time high.
The surge raised its market capitalization above $132.99 billion. This ranks it as the 165th largest global asset. The rally also returned BNB to the fifth spot by market cap and allowed it to overtake Solana.
21Shares has expanded its footprint in Europe by introducing two new crypto ETPs. These are AI and Raydium-focused products.
This step has pushed its total product range in the region to 50.
Bitwise Asset Management has applied to US regulators for approval to launch an ETF centered on stablecoins and real-world asset tokenization. This move reflects a deeper convergence of traditional finance and blockchain markets.
A Sept. 16 filing with the Securities and Exchange Commission shows that the proposed Bitwise Stablecoin & Tokenization ETF would operate as an actively managed “40 Act” fund under the Investment Company Act of 1940.