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Dah Fu Hong Kong Collaborates with Galaxy Asset Management to Launch Digital Asset Investment App "Dah Fu Galaxy"

1 days ago

On April 15th, as per ifeng.com, State Street Global Advisors Hong Kong and Galaxy Asset Management announced the launch of a digital asset investment app named "State Street Galaxy." This app will incorporate Galaxy's blockchain data analysis tool to monitor real-time on-chain transaction activities of digital assets. In the new app, Galaxy will offer support in terms of underlying asset screening, risk hedging, and compliance framework design. Meanwhile, State Street Hong Kong will be in charge of providing issuance infrastructure and a global distribution network. The two parties intend to expand the scale of digital asset management to $5 billion by 2026. Galaxy Asset Management is a subsidiary of Galaxy Digital Holdings, specializing in investment management in the fields of digital assets and blockchain technology. It manages assets exceeding $1 billion and serves global institutional investors and high-net-worth individuals.
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The joint motion to extend the deadline for the SEC's response to Ripple's motion to dismiss has been approved.

On April 16th, James K. Filan, a former US federal prosecutor, posted on the X platform and stated that the joint motion by the US Securities and Exchange Commission (SEC) and Ripple to extend the reply deadline has been approved. The SEC has been instructed to file a status report within 60 days after the motion order is issued.

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Humanity Protocol Founder: TGE Launch Imminent

On April 16th, Terence Kwok, the founder and CEO of Humanity Protocol, posted on social media, saying, "In the past few months, we have been concentrating on meticulous development work and are now entering the next stage. The token H serves as the economic engine of the validation network, guaranteeing that the incentives for all parties in the ecosystem remain in alignment, thus achieving the long-term sustainability of Humanity. The mission of H is to collectively drive the open identity infrastructure to operate on a large scale: to validate, verify, confirm, and manage. The TGE is approaching, and H is coming soon."

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Auradine Completes $153 Million Series C Funding Round, Lead by StepStone Group

On April 16th, as reported by The Block, the Bitcoin mining machine manufacturer Auradine has successfully concluded a Series C funding round worth $153 million. This round was led by StepStone Group and involved Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other entities. The funds obtained from this round will be utilized to develop its Bitcoin mining and artificial intelligence infrastructure business.

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Superform announces the establishment of a foundation and will launch the UP token later this year.

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Binance will adjust the settlement frequency of the AERGOUSDT inverse perpetual contract funding rate.

On April 16th, Binance Futures is going to adjust the settlement frequency of the funding rate for the AERGOUSDT perpetual contract with a leverage of up to 50x. This contract is set to expire on April 16th, 2025, at 22:30 (in UTC+8 time). The funding rate settlement frequency will be changed from every four hours to every two hours.

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Four.meme Launches PancakeSwap V3 LP Yield Buyback and Burn Plan

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