EddieJayonCrypto

 22 May 24

tl;dr

• The London Stock Exchange will list crypto ETPs for the first time, featuring products from WisdomTree and 21Shares, available only to professional investors.• Polygon surpasses 4 billion transactions but MATIC’s price remains stagnant due to high token circulation and competition.• ConsenSys CEO ...

• The London Stock Exchange will list crypto ETPs for the first time, featuring products from WisdomTree and 21Shares, available only to professional investors.
• Polygon surpasses 4 billion transactions but MATIC’s price remains stagnant due to high token circulation and competition.
• ConsenSys CEO Joe Lubin hints at going public, exploring spin-offs, acquisitions, and a blockchain-based IPO approach.
• The White House opposes the current crypto market structure bill, but did not include the words 'veto'.
• BlackRock updates its Spot Ethereum ETF application, with increased approval odds, signaling potential market impact.
• Ripple Labs files a trademark for "RLUSD," moving closer to launching its dollar-based stablecoin for enhanced cross-border transactions.
• Nexo faces user outrage and trust issues after sudden significant fee hikes without warning, damaging its customer-centric reputation.

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