Welcome to the 23rd issue of mb.insider. Every week, we break down key updates on the crypto market and the mb.io ecosystem. No noise. Just what matters. As an Insider, you get this news first!
Company updates
MultiBank Group wins a Golden Excellence Award
MultiBank Group Chairman Naser Taher was honored with the Golden Excellence Award for Fintech, Digital Asset and Blockchain Excellence at the 9th Golden Excellence Awards in Dubai, presented by H.H. Sheikh Nahyan bin Mubarak Al Nahyan. The recognition reflects the work MultiBank Group and mb.io have put into building regulated digital asset infrastructure.
mb.io integrates Botim for easier UAE funding
UAE users can now fund their mb.io trading accounts directly through Botim, the UAE's licensed fintech payment platform, without leaving the app. One less step between opening mb.io and placing a trade.
Market updates
BlackRock just put money market funds on Solana and Ethereum
BlackRock launched a new tokenized money market fund, BRSRV, built for stablecoin reserves, recording ownership on Solana, Ethereum, and Stripe's Tempo network. It's structured to qualify as an eligible reserve asset under the GENIUS Act. We broke down what it means for RWA on our Substack.
Ethereum's biggest upgrade since The Merge is coming
Glamsterdam bundles enshrined proposer-builder separation with block-level access lists, aimed at unlocking parallel transaction processing and roughly tripling Ethereum's throughput. No mainnet date is locked in yet, but it's targeted for later this year. We break down what it means for ETH on our Substack.
The market at a glance
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BTC: ~$64,400
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ETH: ~$1,900
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XRP: ~$1.05
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SOL: ~$73.2
Fear & Greed sits at 27, still cautious despite a 0.7% market gain today. BTC is holding near $64,000 as institutional money keeps buying into a shaky month. The infrastructure keeps getting built. The price action just hasn't caught up yet.
That’s all for this week. See you next week!
