PANews reported on October 1st that crypto venture capital firm Foresight Ventures officially launched a $50 million stablecoin infrastructure fund. This is said to be the industry's first dedicated fund focused on the entire stablecoin value chain. The fund's investment scope will cover the upstream and downstream ecosystems of stablecoins, including stablecoin issuance, trading, compliant deposit and withdrawal channels, public payment chains, as well as innovative applications in cross-sectors such as stablecoins and real-world assets (RWA), artificial intelligence (AI), and on-chain foreign exchange.PANews reported on October 1st that crypto venture capital firm Foresight Ventures officially launched a $50 million stablecoin infrastructure fund. This is said to be the industry's first dedicated fund focused on the entire stablecoin value chain. The fund's investment scope will cover the upstream and downstream ecosystems of stablecoins, including stablecoin issuance, trading, compliant deposit and withdrawal channels, public payment chains, as well as innovative applications in cross-sectors such as stablecoins and real-world assets (RWA), artificial intelligence (AI), and on-chain foreign exchange.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more