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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,
Xincheng Development will establish a digital asset research institute to promote the strategic layout of related RWA applications.
Foresight News reports that the Hong Kong-listed company New City Development (stock code 1030) announced that it will establish a digital asset research institute today, combining existing business accumulation with RWA tokenization technology to promote relevant RWA application strategic layout. In addition, the company will introduce external experts in the fields of blockchain, digital finance, and compliance to fill specific domain experience gaps, including relevant legal advisors to comprehensively assess domestic and foreign legal issues related to RWA, relevant professional consultants to evaluate financial and tax issues, and relevant technology providers to optimize technical solutions while maintaining communication with regulatory authorities.