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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,
Polygon partners with Cypher Capital to expand POL access in the Middle East.
Polygon Labs has partnered with Dubai-based Cypher Capital to promote institutional participation in POL – the native token of Polygon – in the Middle East.
The POL positioning program as an institutional-grade asset with real yield, accompanied by liquidity improvements and structured investment opportunities for funds, enterprises, and large capital allocators. Polygon co-founder Sandeep Nailwal stated that the demand for real yield in crypto "is at an all-time high and continues to rise."
Cypher Capital will support Polygon in navigating the regional legal environment and capital markets, while promoting POL as a core asset for investors looking to access blockchain infrastructure, global payments, and digital assets.
This move is part of Polygon's "GigaGas" roadmap, which has achieved transaction finality under 5 seconds and the ability to handle 1,000 TPS, aiming to become a high-performance payment layer for the "decentralized value internet."