Cryptocurrency firms and centralized exchanges are increasingly bridging the gap between traditional finance (TradFi) and digital assets. Gracy Chen, CEO of Bitget, highlights that the increasing synergy between these two worlds indicates a significant shift in investor preferences for flexible products. Securitize has teamed up with Mantle to launch the Mantle Index Four (MI4) Fund, an institutional offering aimed at generating yields from various cryptocurrencies, including Bitcoin and Ether, mimicking traditional index funds. Additionally, crypto investors' sentiment has improved from fear to neutrality, influenced by political developments regarding China. In another move, Mantra's CEO is burning 150 million OM tokens to reduce supply and restore trust in the token's value. Furthermore, the staking protocol Symbiotic secured $29 million in funding to create a universal economic coordination layer for blockchain security. Meanwhile, the SEC has postponed its decision on a Polkadot ETF until June 11, complicating the timeline for crypto-based investments. As both retail and institutions increasingly invest in cryptocurrency, the connections between these financial systems continue to grow.

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