Proving there’s never a dull moment in the crypto market, yet another US asset manager – VanEck – is embracing the digital-assets era by launching a tokenized US Treasury fund. That’s good news for the traditional and crypto finance worlds, as well as the next crypto to explode. The VanEck Treasury Fund (VBILL) is a blockchain-based investment vehicle that provides digital access to short-term US government bonds. So whereas those bonds were traditionally accessed through banks and brokers, qualified investors can now access them with stablecoins, like $USDC. By the way, by ‘qualified,’ we mean large. VBILL requires a minimum investment of $1M on Ethereum, and $100K on the other blockchains it’s available on. Those include Solana, BNB Chain, and Avalanche networks. VanEck is no newcomer to the crypto scene – it already issues spot $BTC and $ETH ETFs (exchange-traded funds) and ETNs (exchange-traded notes). And now it’s following the lead of BlackRock, Franklin Templeton, and other firms by tokenizing traditional assets.
Expansion of Crypto Initiatives by Standard Charter
In another positive move for crypto, cross-border banking giant Standard Charter is also increasing its crypto activity. Standard Charter is now collaborating with digital-asset prime brokerage FalconX, which will integrate the bank’s forex services and infrastructure to provide its institutional clients with a broader range of offerings. This comes after the recent announcement of a partnership with OKX that enables institutional clients to use crypto as collateral.
The Next Crypto to Watch Amid Institutional Adoption
According to a Standard Global press release, the collaboration ‘continues FalconX’s efforts to bridge the gap between traditional finance and digital assets with enterprise-grade infrastructure’. As digital assets are increasingly embraced by the traditional finance sector worldwide, it’s great news for the crypto market – and investors.
Bitcoin’s Price Surge Sparks Optimism
With the Bitcoin price back up above the $100K mark, the market is looking bullish. And what’s good for the $BTC is generally good for other tokens. If you’re looking to invest in what could be the next crypto to explode, here are options well worth considering – including the best presale tokens of the year.
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Solaxy ($SOLX) – The World’s First Layer-2 Solana Ecosystem
The Solana blockchain ranks second only to Ethereum in market presence and the variety of tokens available. While its speed and low transaction costs are impressive, it does face issues like network congestion and transaction failures. Solaxy ($SOLX) aims to address these challenges by introducing the first-ever Layer-2 platform on Solana. This innovation is significant in the crypto landscape, as it promises improved transaction speeds, reduced costs, and enhanced scalability. Additionally, Solaxy serves as a multichain token, connecting both Solana and Ethereum. With 30% of its allocation dedicated to development, the $SOLX project shows great promise for future growth. Currently, investor interest is thriving, having raised $35.5M during its presale. As the presale concludes and $SOLX lists on exchanges, now is an opportune moment for investment, especially with its presale price of $0.001724 and attractive staking rewards of 113%. -
BTC Bull Token ($BTCBULL) – The $BTC Champion that Rewards Holders with Actual Bitcoin
Introducing BTC Bull Token ($BTCBULL), a unique meme coin that tracks the price of Bitcoin. When Bitcoin reaches specific price milestones, $BTCBULL holders will receive airdrops of actual Bitcoin as a reward. Given Bitcoin’s recent price surge, many anticipate that it will reach significant new heights soon. At these milestones, $BTCBULL holders will receive Bitcoin directly into the Best Wallet app. Currently in presale, this token presents an enticing investment opportunity at an early-bird price. Airdrops of Bitcoin will occur each time the price increases by $50K, while token burns will occur at various thresholds, contributing to the token’s scarcity and potential value. For those interested in capitalizing on Bitcoin’s upward trend, our comprehensive guide to purchasing BTC Bull Token is available, detailing how to secure this promising crypto asset at the current price of $0.00251, complete with a 72% APY staking option. - ChainGPT ($CGPT) – The Token Behind Access to an Advanced Artificial Intelligence Assistant
ChainGPT ($CGPT) serves as the native token for the ChainGPT ecosystem, a Web3 platform that merges artificial intelligence with blockchain technology to offer accessible AI tools. This platform caters to both individuals and businesses, enabling users without advanced technical skills to utilize its features. Essentially, $CGPT simplifies the complexities of crypto, smart contracts, and NFTs. Among the tools provided by ChainGPT are a smart contract generator and auditor, NFT creator, trading assistant, Web3 chatbot, and a coding-free AI agent builder. Holders of $CGPT also gain voting rights within the ecosystem. With the growing acceptance of cryptocurrencies as legitimate assets, $CGPT has the potential to emerge as a leading altcoin and a top contender in the next crypto explosion. Unlike $SOLX and $BTCBULL, $CGPT is already listed on various centralized and decentralized exchanges; currently, one $CGPT token is priced at $0.141, making it a reasonable investment with promising growth potential.
Conclusion: A Bright Future for Crypto Investments Ahead
In conclusion, the outlook for the crypto market appears to be improving. Recent developments such as the launch of the VanEck Treasury Fund and Standard Global’s collaboration with FalconX signal positive trends. The resurgence of Bitcoin prices also hints at a favorable environment. Consequently, potential high-performing assets like Solaxy, BTC Bull Token, and ChainGPT are emerging, pointing towards impressive returns for investors. As always, it’s essential to conduct thorough research before making any investment decisions.
