Hong Kong's trade promotion body will establish a new office in Egypt within nine months to expand its presence in Africa. This strategic move leverages China's zero-tariff treatment for 53 African nations and recalibrates resources from slower-growing traditional markets.
S&P Dow Jones Indices and Pantera Capital have launched a new digital asset index that tracks blockchain networks based on protocol revenue, rather than market capitalization. This index, designed for institutional allocation, includes 18 constituents like Ether, BNB, and Solana, and aims to distinguish established blockchain activity from speculative exposure.
A Seoul AI Foundation report, using SK Telecom and Google Maps data, indicates foreign tourists are increasingly exploring traditional markets and hiking spots in Seoul. Dongdaemun Design Plaza saw a 12.1% visitor increase in 2025, with Mount Acha and Gwangjang Market also growing. Myeongdong and N Seoul Tower recorded the highest daily foreign populations.
Hong Kong Exchanges and Clearing (HKEX) is launching proprietary benchmarks and related investment products, including an ETF tracking its HKEX Tech 100 Index, to capitalize on the AI-driven tech rally and evolving market demands.
Blockchain exchanges like Hyperliquid and Binance offered perpetual futures on SpaceX before its IPO, providing early price discovery that closely matched the stock's market debut. Over $1.2 billion in SpaceX perps traded on Hyperliquid, highlighting the growing influence of decentralized finance.
Seoul's Yangcheon District plans to transform Moksarang Traditional Market into a cultural tourism hub by integrating camping themes and revitalizing its commercial vitality. The project, selected for a government initiative, will introduce themed zones, culinary experiences, and digital marketing support.
President Lee Jae-myung made an unannounced visit to Oedo Traditional Market in Gimhae, Gyeongnam, to check on the economy and encourage merchants facing difficulties due to the economic downturn. He interacted with citizens, including taking selfies with students and inquiring about fruit prices.
CME Group is launching Bitcoin Volatility (BVI) futures on June 1, a regulated contract designed to let traders bet on expected Bitcoin turbulence without taking a direct price view. Similar to the VIX in traditional markets, BVI settles to the CME CF Bitcoin Volatility Index (BVXS), reflecting 30-day forward implied volatility from Bitcoin options order books.
Financing from Neuberger Berman will increase Ripple Prime’s capacity to offer margin lending and other brokerage services to institutional clients trading across crypto and traditional markets.
SEOUL, May 8 (Yonhap) -- President Lee Jae Myung and first lady Kim Hea Kyung on...
Institutional investors are looking past the crypto market’s two largest behemoths, aggressively rotating capital into alternative cryptocurrencies as geopolitical tensions in the Middle East agitate traditional markets. Data from SoSoValue shows that US-based investment vehicles tracking the spot price of XRP absorbed $55.39 million in fresh capital over the past week, positioning the asset as […] The post Wall Street moves beyond the Bitcoin ETF trade as XRP leads altcoins on fragile macro relief appeared first on CryptoSlate.
