The contracts mark Injective’s first entry into US-regulated derivatives markets and could help support a spot ETF following a filing from Canary Capital.

The product is designed to generate yield by participating in network validation, adding an income component to passive exposure.

London-based Legal & General Asset Management is the latest global asset manager to expand distribution across blockchain networks and trading models.

Backed by Blockchain Capital, the Amplify suite aims to enable platforms to generate yield and offer lending using customer-held digital assets.

The proposed fund would invest in Bitcoin ETPs and sell call options to generate income while limiting exposure to price swings.

The payments giant is operating a validator node on the Tempo blockchain, taking a direct role in transaction validation as it expands infrastructure for stablecoin settlement.