HashKey MENA has obtained approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to launch derivatives trading services on its trading platform.
HashKey MENA (HashKey Middle East and North Africa) officially secured approval from the Dubai Virtual Assets Regulatory Authority (VARA) on July 17, 2026, expanding its regulated business scope to include virtual asset exchange-traded derivatives (VA ETD) services covering a range of perpetual contracts. Building on its existing virtual asset spot trading operations, this approval marks a key milestone in HashKey’s development in the MENA region. It not only extends its regulated product line from spot to derivatives trading, but also further solidifies its market competitive advantage.
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CoinShares enters Europe’s UCITS fund market, launching a Bitcoin mining UCITS ETF.
Crypto asset management firm CoinShares has launched a UCITS platform, debuting its first fund—the CoinShares Bitcoin Mining UCITS ETF—which began trading on Deutsche B?rse’s Xetra exchange on Tuesday. CoinShares stated that a key barrier preventing institutional investors from entering the crypto space has been product structure: many institutional investment mandates restrict holdings of debt securities, and the UCITS framework will effectively lift this limitation. The UCITS platform is a fund issuance and management platform based on the EU’s Undertakings for Collective Investment in Transferable Securities (UCITS) regulatory framework. It enforces strict requirements for fund products on investment limits, risk diversification, liquidity, and disclosure to safeguard investors, while offering the "European Passport" mechanism, enabling approved funds to be sold freely across the entire EU/European Economic Area (EEA). Crypto asset managers including CoinShares launching UCITS platforms essentially package Bitcoin mining and crypto-related strategies into compliant UCITS funds or ETFs, facilitating European institutional and retail investors’ safe allocation to crypto assets via traditional channels.
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BlackRock, Hillhouse Capital, and Temasek will act as cornerstone investors for Zhongji Innolight's Hong Kong listing.
According to sources, BlackRock, Hillhouse Capital, and Temasek are set to serve as cornerstone investors in Auro Optoelectronics’ (Zhongji Chuangchuang) potential $8 billion Hong Kong IPO. Investment firms Sino-Pac Investment, JPMorgan Asset Management, Wellington Management Co., and Yunfeng Fund also plan to participate as cornerstone investors, with these investors expected to subscribe for nearly half of the shares. Auro Optoelectronics is scheduled to start accepting investor subscriptions as early as Wednesday, in what is poised to be Hong Kong’s largest stock offering in seven years. The base offering size is approximately $7 billion, though an over-allotment option could push the final size to $8 billion. Per Bitget market data, Auro Optoelectronics (300308.SZ) is currently the largest constituent of the CSI 300 Index. As a leading supplier of AI optical modules, its market capitalization and index weight have risen rapidly amid surging demand for AI infrastructure, and it is projected to surpass CATL to become the top-weighted stock in the CSI 300 Index between May and June 2026. Its core business covers optical communication devices and intelligent equipment, with products applied in cloud data centers, AI computing clusters, wireless communications, metropolitan area networks, and backbone networks.
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Selini Capital Un-Stakes 504,000 HYPE Tokens Valued at $31.7 Million
Selini Capital has just requested to unstake 504,000 HYPE tokens, valued at $31.7 million. The address in question deployed the HIP-3 Dreamcash marketplace. Following the announcement of the marketplace’s closure, Selini is unstaking the HYPE tokens required for deploying and maintaining the platform, having earned nearly $20 million in profit from this "investment".
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