Global #defi

In the rapidly evolving world of decentralized finance (DeFi), managing assets effectively can be a challenge, especially when they are spread across multiple platforms and blockchains.

The leading digital currency asset management firm, Grayscale, has made waves in the cryptocurrency space by launching the Grayscale Aave Trust. This innovative offering allows investors to gain exposure to the burgeoning world of decentralized finance (DeFi), focusing specifically on AAVE, the token that powers Aave’s lending and borrowing platform.

Aptos (APT), the Layer 1 blockchain that emerged from the remnants of Meta's discontinued Diem (formerly Libra) project, has recently become the newest platform for trading shares of Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX).

Cutoshi (CUTO) is currently making waves in the cryptocurrency landscape, especially during its pre-sale phase, as it positions itself as a formidable competitor to the popular meme coin, Pepe (PEPE).

This past week has witnessed a notable surge in altcoin performance alongside Bitcoin (BTC), leading to an increase in the Altcoin Season Index, which has risen to a two-month high of 45, according to Blockchain Center.

The Open Network (TON) has recently marked a significant milestone, with its Tether (USDT) supply crossing the $1 billion mark for the first time. This surge reflects a broader increase in both the stablecoin’s availability and weekly active users, reaching a new peak of 5 million active users.