[Core DAO Bitcoin Staking ETP Listed on London Stock Exchange]
According to Jinse Finance, the Bitcoin staking exchange-traded product (ETP) launched by Core DAO has officially started trading on the London Stock Exchange.
Dominated by platform giants like Amazon and Google, the internet has strayed from Web3’s original vision of decentralization, but innovations like state channels now offer a path back by enabling fast, secure, peer-to-peer interactions without trusted intermediaries, says Alexis Sirkia of Yellow Network.
Private credit — especially asset-backed finance — is plagued by inefficiencies, but blockchain and programmable money are now enabling faster, cheaper and more scalable solutions that could democratize access and disrupt traditional players, writes Ava Labs’ Morgan Krupetsky.
**[September 24, 2023: Trump Aide Under Scrutiny for Cryptocurrency and Chip Transactions]**
On September 24, 2023, *The New York Times* reported that two U.S. Democratic senators have called for an investigation into whether officials from the Trump administration violated ethical regulations in two major transactions involving the UAE. One transaction concerns the UAE importing U.S.-made AI chips, while the other involves a UAE-backed company transferring $2 billion to a cryptocurrency firm linked to the Trump family. Senators Elizabeth Warren and Elissa Slotkin expressed serious concerns, stating that the transaction patterns are troubling.
Odaily Planet Daily reports that Bitwise Asset Management stated in its latest treasury report that digital asset treasury strategies were previously centered around Bitcoin, but now companies are allocating ETH on a large scale. Analyst Max Shannon pointed out that ETH treasuries are no longer a fringe topic but are becoming a structural pillar of the cryptocurrency capital market. ETH is not just a hedging or speculative tool but a programmable financial asset that connects corporate financing with the on-chain economy. (CoinDesk)