Institutional Investors Trigger Crypto ETP Frenzy

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Institutional traders are in a frenzy over the new crypto
ETP that launched on Switzerland’s SIX Exchange last
week.
As reported by The Block , the Amun Crypto Basket Index
(HODL) now has the highest volume of any exchange-
traded product trading on the venue. Its turnover is at
about $425,000 a day, more than silver, crude oil and
gold.
The index has nearly half of its assets invested in
Bitcoin, with the remaining half comprised of XRP,
Ethereum and Litecoin.

Stellar
Crypto exchange Coindelta just listed Stellar (XLM).
The India-based exchange says deposits and
withdrawals are enabled, and the coin can be bought
with the Indian rupee.

Ripple
A Ripple-backed venture just closed its Series A round
of funding, raising more than $12 million.
Securitize aims to transform the securities industry by
leveraging blockchain technology to tokenize private
and public shares on the New York Stock Exchange or
Nasdaq.
Ripple’s Xpring investment fund contributed an
unknown amount to the project, along with Coinbase
Ventures.

Tron
Tron just released a new update on DApp development,
and says more than 20 decentralized apps are now up
and running on the Tron network.

Source : https://dailyhodl.com