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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Gate partners with BitGo to launch Go Network over-the-counter Settlement, making institutional trading safer and more efficient.
Odaily News Gate has completed the integration with Go Network's Off-exchange Settlement (OES), assisting institutional clients in enjoying Gate's rich Liquidity while securely managing their assets in the regulated and insured BitGo Singapore Pte. Ltd (“BitGo”) Cold Wallet. This integration allows institutional investors to trade directly on the Gate platform without the need to deposit their assets in the exchange, effectively simplifying operational processes and ensuring fund security. This collaboration introduces a trading structure highly compatible with the TradFi model, achieving independent operations for custody and trade execution, significantly dropping systemic risk. The partnership between Gate and BitGo provides institutional investors with a diverse range of trading products, including Spot, leverage, and Perptual Futures, and minimizes operational friction and risk through automated Settlement processes. This initiative marks a key step for Gate in building a more robust and scalable institutional digital asset trading infrastructure.