BlackRock Debuts Bitcoin ETP in Europe After US Success

March 25, 2025

Catenaa, Tuesday, March 25, 2025-BlackRock launched its iShares Bitcoin ETP in Europe on Tuesday, marking its first crypto-backed exchange-traded product outside North America. The ETP is now listed on Euronext Paris and Xetra under the ticker “IB1T” and on Euronext Amsterdam as “BTCN.” The fund is backed by bitcoin held in cold storage by Coinbase […]

Chery Auto Files $14B Hong Kong IPO Amid Global Expansion

February 28, 2025

Catenaa, Friday, February 28, 2025- China’s second biggest car seller, Chery Automobile, has applied for an initial public offering (IPO) in Hong Kong seeking a market valuation of $ 14 billion. a filling with the Hong Kong stock exchange said on Friday. Chery Auto sells vehicles under the Chery, Tiggo and Arrizo brands and aims to develop […]

Crypto.com Expands Services Across the European Economic Area

February 20, 2025

Catenaa, Wednesday, February 19 – Crypto.com has been granted approval to expand its services across all member states of the European Economic Area (EEA), a significant move that will enhance its reach and regulatory compliance in the region. The platform announced it had secured the necessary licenses to operate in these countries, marking a major […]

ECB Cut Rates For The Sixth Time, Easing Cycle Closing

March 6, 2025

Catenaa, Thursday, March 06, 2025- The European Central Bank (ECB) lowered its interest rates on Thursday, the sixth consecutive time since June, as the easing cycle tends to be at its end. The interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.50%, 2.65% and 2.90% respectively, […]

Elon Musk’s Wealth Drops Below $300B Amid Tesla Backlash

April 8, 2025

Catenaa, Tuesday, April 08, 2025- World richest man Elon Musk’s wealth dropped below $300 billion on Monday for the first time since 2024, due to impacts of recent Tesla backlash and sweeping new tariffs. Bloomberg Billionaires Index showed that Musk was worth $298 billion as of market close Monday, since the beginning of the year, […]

EU Asset Managers Under Pressure To invest In Defence

March 13, 2025

Catenaa, Thursday, March 13, 2025- European asset managers are reconsidering their policies on investing in defence as pressure from clients and some politicians increase to loosen restrictions to fund the rearmament. Under European Union rules, a number of funds badged as sustainable need to ensure their investments ‘Do No Significant Harm’. Many have avoided the sector entirely, […]

Europe’s defence stocks in for biggest session in five years

March 4, 2025

Catenaa, Monday, March 03, 2025– European defense stocks had their biggest one-day jump in five years on Monday, as investors expect increased spending by the military after Trump and Zelensky’s growing rift. The STOXX Europe Total Market Aerospace & Defense index had surged almost 7.9% by early afternoon local time, which put it on course for […]

Europe’s Major Economies Notch Stronger Than Expected Growth in Q1  

May 24, 2024

FRANKFURT, Tuesday, May 7, 2024 – Europe’s main economies emerged from a shallow recession in the first quarter of 2024, exceeding expectations with modest growth. The positive signs follow a year of virtual stagnation, a Bloomberg news report said. According to figures released Tuesday April 30, by Eurostat, the European Union’s statistical agency, the eurozone […]

Revolut Launches Crypto Exchange App Revolut X in UK, EEA

March 29, 2025

Catenaa, Saturday, March 29, 2025-London-based fintech giant Revolut has launched a mobile app for its crypto exchange, Revolut X, enabling users in the UK and European Economic Area (EEA) to trade over 400 crypto pairs, the company announced Tuesday.  The move expands Revolut X beyond its initial professional trader base, allowing any user with a […]

Trump Tariffs Hit Europe as Stocks Fall 2.9 Percent

April 9, 2025

Catenaa, Wednesday, April 09, 2025-European stocks plunged Wednesday morning after US President Donald Trump’s sweeping reciprocal tariffs took effect, triggering sharp declines across sectors and deepening investor unease over a mounting global trade conflict. The pan-European Stoxx 600 index dropped 2.9% in early trade, with healthcare, mining and energy stocks leading losses. France’s CAC 40 […]

Virtune Lists Avalanche, Cardano ETPs on Nasdaq Helsinki

February 8, 2025

Catenaa, Saturday, February 08, 2025- Swedish digital asset firm Virtune has expanded its crypto exchange-traded product (ETP) offerings, listing Avalanche (AVAX) and Staked Cardano (ADA) ETPs on Nasdaq Helsinki. The move provides both institutional and retail investors in Finland with regulated access to these altcoins.  The newly listed ETPs are fully backed and denominated in […]