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3IQ's $1.45bn Bitcoin Fund set for Nasdaq Dubai listing


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The manager of the world s first Bitcoin fund to trade on a major exchange is to list it on Nasdaq Dubai.
3iQ Corporation, which listed The Bitcoin Fund ETF on the Toronto Stock Exchange in April last year, expects to begin trading the fund in Dubai within the current quarter after gaining approval from the Dubai Financial Services Authority.
We re aiming for listing in the second or third week of May and trading by the end of May, Frederick Pye, chairman and chief executive of 3iQ told
The National. Listing the fund on a Middle East exchange will also help in terms of trading times, as Bitcoin trades for 24 hours a day, seven days a week, he added. ....

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Kraken Bank CEO David Kinitsky Provides Glimpse into How He's Planning to Set Up Operations, As Company Might Acquire More Funding


First revealed in September 2020, digital asset exchange
Kraken is now hard at work “gearing up” to introduce Kraken Bank.
The Kraken team notes in a blog post that this new venture is expected to improve the landscape for Bitcoin (BTC) and other digital currency services – and the banking sector – “well into the future.”
Although they can’t share all the details at this time, the crypto firm recently sat down with
Kraken Bank CEO
David Kinitsky in order to get “a glimpse” or preview into how he’s planning to lead the charge to “ensure the next generation of financial firms are built with the next generation of assets in mind.” ....

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