Global #investment

Tether, a prominent player in the digital asset industry, has announced an $18.75 million investment in XREX Group, a blockchain-based financial institution. This investment aligns with Tether's goal of advancing crypto adoption and financial inclusivity worldwide.

In May, the NFT market experienced a sharp decline, with overall sales dropping by 54%. Despite this, digital collectibles on the Bitcoin blockchain saw a surge in sales, reaching a new high of over $4 billion in total sales volume on June 4th, as per data from NFT tracker CryptoSlam.

The Securities and Exchange Commission (SEC) of Thailand has approved One Asset Management (ONEAM) as the pioneer firm to introduce a spot Bitcoin exchange-traded fund (ETF) in the nation.

Wisconsin's recent decision to invest $160 million in Bitcoin ETFs has caught the attention of many in the financial world, sparking speculation about whether other state pension funds will follow suit.

In recent months, the cryptocurrency market has witnessed a surge in impressive trading successes, resulting in remarkable rags-to-riches stories for savvy investors.

Despite the recent approval by the US Securities and Exchange Commission (SEC) for several spot Ethereum ETFs, South Korean investors are still waiting for similar opportunities to arise.