Ninepoint shrugs off political rhetoric to launch ETF focusing on energy interdependence of US and Canada

Canadian asset manager Ninepoint Capital is challenging economic nationalism in both the United States and Canada and the ‌growing trade war between them by launching on Tuesday an exchange-traded fund that will emphasize the energy interdependence of the two countries.

• Ninepoint Capital launches a new ETF focusing on the energy interdependence between the US and Canada, aiming to capitalize on this theme despite political rhetoric.
• The ETF will invest in up to 50 stocks across North America, with a focus on natural gas, uranium, and strategic minerals crucial for AI and electrification.
• This initiative highlights the deep integration of energy industries between the two countries, which Ninepoint believes will persist beyond political cycles.

Topics: Asset types, Jurisdictions, Political endorsements opposition, Real assets, Established hubs, Emerging hubs, Pro innovation policy, Geopolitical influence

Tags: #ninepointcapital #energyinterdependence #uscanadatrade #etf #economicnationalism #naturalgas #uranium #strategicminerals #aiboom #crudeoil

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US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits?

The enormous investments that the US and Venezuela have promised from their new oil production deal have brought cautious optimism that Venezuelans face a new period of prosperity after more than a decade of economic and social turmoil.

• A new US-Venezuela oil production deal promises significant foreign investment, sparking cautious optimism for economic recovery after years of turmoil.
• Analysts anticipate benefits beyond oil revenue, but significant gains and tangible improvements for the general population may take years due to infrastructure needs and potential economic distortions.
• Concerns remain regarding transparency, government management, and whether the US will disproportionately benefit, with the opposition questioning the legitimacy of the current regime as a partner.

Topics: Asset types, Jurisdictions, Legal regulatory, Real assets, Emerging hubs, Enforcement actions litigation

Tags: #venezuela #usoildeal #investment #oilproduction #economicturmoil #transparency #infrastructure #opposition #energyprojects #crudeoil

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GMTrade Expands Solana Perp Market with 24/7 Commodity Trading

Solana-based decentralized exchange GMTrade has introduced 24/7 perpetual futures trading for commodities, including gold (XAG), silver (XAG), and West Texas Intermediate crude oil

• GMTrade has launched 24/7 perpetual futures trading for commodities like gold, silver, and crude oil on the Solana blockchain.
• The platform utilizes Chainlink Data Streams for accurate, real-time pricing and employs a funding rate mechanism, mirroring crypto derivatives.
• This expansion aims to democratize commodity trading for DeFi users and signifies a broader trend of integrating traditional assets into decentralized finance.

Topics: Asset types, Infrastructure providers, Integration with defi, Alternative assets, Oracles data feeds, Liquidity pools amms

Tags: #gmtrade #solana #perpetualfutures #commodities #gold #silver #crudeoil #chainlinkdatastreams #defi #decentralizedexchange

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WLFI Launches First USD1-Based RWA Perpetual Futures Market

BitcoinWorld WLFI Launches First USD1-Based RWA Perpetual Futures Market World Liberty Financial (WLFI) has launched the first USD1-based perpetual futures market for real-world assets (RWA), according to Donald Trump Jr. The announcement marks a significant step in the integrati...

• World Liberty Financial (WLFI) has launched the first USD1-based perpetual futures market for real-world assets (RWA), including gold, crude oil, and global equities, settled in a U.S. dollar-pegged stablecoin.
• This initiative aims to bridge decentralized finance (DeFi) with traditional asset classes, leveraging perpetual futures for RWA trading and potentially boosting digital dollar adoption.
• The success of the launch hinges on regulatory clarity, market demand, and the stability of the USD1 stablecoin's peg, with significant liquidity being deployed to support the new market.

Topics: Asset types, Integration with defi, Institutional adoption, Stablecoins digital cash, Rwa collateral lending, Asset manager initiatives

Tags: #wlfi #rwaperpetualfutures #usd1stablecoin #digitaldollar #gold #crudeoil #globalequities #donaldtrumpjr #defiintegration #liquidity

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Aster launches $28M liquidity fund for USD1-settled real-world asset perpetual markets

Aster DEX has introduced five new perpetual markets settled entirely in USD1, a stablecoin by World Liberty Financial, backed by a $28 million liquidity fund. These markets cover tokenized stocks and commodities like gold and crude oil, marking a strategic shift from USDT to USD1 for real-world asset contracts. This move deepens the partnership with World Liberty Financial, leveraging USD1 for settlement and collateral, and integrates 250 million WLFI tokens into the liquidity fund. The initiative aims to expand USD1's utility beyond transfers and DeFi lending into trading infrastructure, potentially boosting liquidity and market activity on Aster's platform.

• Aster DEX has launched five new perpetual markets settled in USD1, a stablecoin by World Liberty Financial, backed by a $28 million liquidity fund.
• These markets will trade tokenized stocks and commodities like gold and crude oil, representing a shift from USDT to USD1 for RWA contracts.
• The initiative aims to enhance USD1's utility in trading infrastructure and boost liquidity on Aster's platform.

Topics: Asset types, Integration with defi, Scalability, Stablecoins digital cash, Rwa collateral lending, Market depth liquidity

Tags: #asterdex #usd1stablecoin #liquidityfund #perpetualmarkets #tokenizedstocks #tokenizedcommodities #gold #crudeoil #worldlibertyfinancial #wlfitokens

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Iraq signs deals with Western oil firms, including to revive Syria pipeline

Deal with Chevron aims to rebuild a crude oil pipeline that runs from Iraq’s oil-rich Kirkuk to Syria’s Baniyas.

• Iraq has signed preliminary deals with Western oil firms, including Chevron, to revive a crude oil pipeline from Kirkuk to Syria's Baniyas.
• The agreement aims to establish an alternative oil export route, reducing reliance on the Strait of Hormuz.
• The deals, part of a broader US-Iraq business summit, also include energy, healthcare, and technology agreements worth over $60 billion.

Topics: Asset types, Jurisdictions, Scalability, Real assets, Emerging hubs, Market depth liquidity

Tags: #iraq #chevron #syriapipeline #oilexport #straitofhormuz #energycorridor #crudeoil #spacex #starlink

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Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging | Fortune

Crude prices are back to pre-war levels. Gas prices aren't. Now Trump's pointing fingers at his own biggest donors.

• Donald Trump is reportedly directing the DOJ to investigate major oil companies for alleged price gouging, despite their significant financial support for his election.
• The investigation stems from concerns over high gas prices at the pump, which are not decreasing in line with falling crude oil costs, potentially impacting the Republican party's midterm election prospects.
• This action marks a significant shift from Trump's previous pro-industry stance, highlighting the political pressure associated with consumer affordability and economic stability.

Topics: Asset types, Political endorsements opposition, Market cycles macro sensitivity, Commodity, Pro innovation policy, Interest rate sensitivity, Inflation recession impact

Tags: #trump #bigoil #pricegouging #gasprices #dojinvestigation #electiondonations #crudeoil #inflation #politicaldrag #energypolicy

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US ends maritime blockade and resumes Strait of Hormuz shipping after Iran peace agreement

• The US has reopened the Strait of Hormuz for shipping following a peace agreement with Iran, ending a two-month blockade.
• The immediate market reaction saw crude oil prices drop significantly, while Bitcoin experienced a notable increase, reflecting a shift to a risk-on sentiment.
• A 60-day negotiation window will determine the long-term impact, with potential for renewed tensions if talks fail, and discussions around crypto-based transit fees may trigger regulatory responses.

Topics: Asset types, Jurisdictions, Market cycles macro sensitivity, Real assets, Cross jurisdictional policy, Market volatility liquidity

Tags: #straitofhormuz #iran #us #peaceagreement #crudeoil #bitcoin #shipping #energymarkets #cryptocurrency #geopolitics

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