Banca Transilvania, Romania’s largest banking group by assets, on Wednesday launched a euro-denominated senior non-preferred bond issue, with as 6NC5 structure – a six-year maturity with a call option available after five years.
The exchange said the new product is available across the European Economic Area through its Malta-based MiFID business, with up to 10x leverage and multi-asset collateral. OKX said Wednesday it is rolling out a Europe-specific crypto derivatives product called X-Perps, extending its regulated offering across the European Economic Area (EEA) through its Malta-based MiFID business. The company said the new derivatives product is available to retail and institutional traders across all 30 EEA countries. OKX said the platform is purpose-built in compliance with the Markets in Financial Instruments Directive (MiFID), a European Union regulatory framework governing financial instruments such as securities and derivatives. Read more
EToro is set to acquire self-custodial wallet provider Zengo, and the trading platform’s CEO predicted a Bitcoin rally above $250,000 after another quarter of crypto market downside. EToro said Wednesday it agreed to acquire self-custodial crypto wallet provider Zengo, deepening the trading platform’s push into onchain products as digital assets remain central to its business. The deal will let eToro add Zengo’s wallet technology and broaden its offering in areas such as tokenized assets, prediction markets, perpetuals and yield products, according to the company. Terms were not disclosed. Bloomberg reported the transaction is worth about $70 million, mostly in cash, citing a person familiar with the matter. CEO Yoni Assia said at Paris Blockchain Week during a fireside chat that the acquisition fits eToro’s effort to attract a more crypto native user base while expanding beyond regulated brokerage products into self-custody infrastructure. Read more