It’s been a busy week for the digital asset space, with major exchanges, world leaders, and global financial hubs making strategic moves. Here is your recap of the five biggest stories.
Kraken’s Flexline: Borrow Big, Sell Nothing, Play Smart
Kraken has launched Flexline, a new borrowing service for “Kraken Pro” users. The feature allows traders to use their existing crypto holdings as collateral to get a loan in stablecoins or other digital assets. The big draw? You don’t have to sell your coins to get cash, meaning you can stay “long” on your favorite tokens while still having the liquidity to trade or pay bills.
Trump-backed WLFI plans token staking for voting
World Liberty Financial (WLFI), the crypto project associated with the Trump family, has proposed a major governance shift. To participate in voting on the platform’s future, users will soon need to stake (lock up) their WLFI tokens. The move aims to ensure that only long-term holders have a say in the project’s direction, rather than short-term speculators. Read More.
Bitcoin ETFs See $88M Inflows, Snapping Three-Day Outflow Streak
After a rocky start to the week, where investors were pulling money out, Spot Bitcoin ETFs turned things around. A fresh $88 million flowed back into these funds in a single day, ending a three-day “outflow streak.” This shows that institutions still want Bitcoin, even when the price is going up and down. Read More
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Major UAE Bank Considers Getting Into Bitcoin
The UAE is still becoming a major center for cryptocurrency around the world. Ruya, a well-known digital-first Islamic bank in the Emirates, has officially started offering Bitcoin investment services that follow Shari’ah law. This lets customers buy and sell Bitcoin right from their banking app, which is a big step toward bringing together traditional finance and the digital economy. Read More.
Hong Kong to launch digital platform for tokenized bonds
Hong Kong’s Financial Secretary announced a new digital platform designed to handle tokenized bonds. Instead of traditional paperwork, these bonds will exist as digital tokens on a blockchain. This platform is part of a broader push to make Hong Kong a world leader in “tokenization”, the process of turning real-world assets into digital ones for faster, cheaper trading. Read More.
