Featured Crypto Collaborations of Mid-April: Bybit, Binance, and 21Shares

As April 2025 unfolds, it's set to become a pivotal month in the crypto sector, characterized by revolutionary partnerships that connect digital currencies with tangible applications. With innovations in proprietary trading, global payment solutions, and decentralized infrastructure, major players like Bybit, Binance, Kraken, and 21Shares are driving cryptocurrency into the mainstream.

Crypto Fund Trader & Bybit: A New Chapter in Crypto Proprietary Trading

Crypto Fund Trader (CFT), a prominent proprietary trading firm focused on the crypto market, is excited to reveal its strategic alliance with Bybit , a leading international cryptocurrency exchange. This union solidifies CFT’s position as the original and true crypto-centric proprietary trading firm, setting a new standard in the industry.

Starting on April 21st, CFT will seamlessly integrate Bybit into its trading platform, significantly improving the user experience with innovative tools, exceptional liquidity, and access to over 715 crypto pairs , the most extensive in the marketplace. This amalgamation combines CFT’s popular evaluation system with Bybit’s high-efficiency ecosystem, delivering a smooth trading journey designed specifically for cryptocurrency traders.

Key benefits include:
✅ Super-speedy execution – Bybit’s robust infrastructure guarantees accuracy and swiftness.
✅ Exceptional liquidity – Uninterrupted trading flows supported by Bybit’s extensive liquidity.
✅ Improved educational resources – CFT Academy will roll out new learning materials aimed at refining trading strategies.

CFT traders will also benefit from exclusive rewards , enhancing their path to mastery. The transition will kick off with a beta testing phase in April, ultimately culminating in a complete migration by April 21st.

This collaboration is not merely an enhancement; it's a revolutionary shift, positioning CFT as the sole proprietary trading firm genuinely designed for crypto enthusiasts. Welcome to the new era of crypto proprietary trading!

Binance & Worldpay Team Up for Crypto Payment Solutions

Binance has partnered with Worldpay to facilitate crypto purchases using Apple Pay and Google Pay, streamlining transactions for users. This integration aims to improve access to digital assets by employing familiar payment methods, a crucial step Binance believes is necessary for accelerating crypto adoption.

With more than 500 million users on Apple Pay and 150 million on Google Pay, Binance is on a mission to link traditional finance with the world of Web3. The exchange has stressed that integrating these options surpasses convenience; it’s about engaging users in their own terms and easing the transition to cryptocurrencies.

Worldpay, a frontrunner in global payment processing since 1997, excels in supporting crypto exchanges with services like fraud prevention and chargeback security.

Nabil Manji, Head of FinTech Growth at Worldpay, underscored the increasing prevalence of digital wallets, labeling them the “preferred payment method for millions.” This partnership is set to broaden the appeal of the crypto market while ensuring secure and efficient operations.

Kraken & Mastercard Forge Partnership for Crypto Payments in the EU and UK

Kraken has teamed up with Mastercard to enhance cryptocurrency transactions across the UK and Europe. This collaboration allows Kraken customers to make purchases with digital currencies at any merchant that accepts Mastercard.

After launching Kraken Pay in January—which allows instant transactions in over 300 fiat and crypto currencies—the exchange has welcomed more than 200,000 new users in a mere 90 days. Additionally, Kraken plans to introduce both physical and virtual debit cards “in the near future,” as stated by Mastercard.

Kraken’s co-CEO, David Ripley, emphasized that customers desire the ability to “conveniently purchase real-world goods and services” using cryptocurrencies.

Mastercard’s EVP, Scott Abrahams, underscored their combined aim of enhancing the accessibility and security of digital assets.

This partnership represents a significant stride in integrating cryptocurrency with everyday spending, bolstering the movement towards wider acceptance of digital currencies.

South Korea to Lessen Crypto Regulatory Burdens

Leading banks in South Korea are urging regulatory bodies to relax restrictions regarding partnerships with cryptocurrency businesses. Executives from KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, Jeonbuk Bank, and Toss Bank met with policymakers to advocate for allowing exchanges to collaborate with multiple banks instead of limiting them to a single partnership.

Currently, South Korean exchanges are required to partner with one banking institution to provide fiat-to-crypto services, thereby ensuring compliance with anti-money laundering regulations. This current model has inadvertently favored a few banks—like K-Bank, which saw its user numbers triple after teaming up with Upbit back in 2020.

Woori Bank’s president, Jung Jin-wan, stressed the importance of regulatory reform to amplify consumer options and promote financial stability. He urged legislators to broaden the regulations to facilitate multiple banking alliances for each exchange.

Simultaneously, banks and crypto exchanges are gearing up for institutional participation, as South Korea gradually lifts its ban on institutional investment in cryptocurrencies. Upbit is already fielding inquiries from corporate accounts, while Korbit has launched a crypto asset management service tailored for institutional clients.

This push for regulatory adaptation coincides with a rising institutional interest in digital currencies, suggesting a shift towards more widespread acceptance in South Korea's crypto environment.

21Shares Collaborates with House of Doge to Introduce the First Dogecoin ETP in Europe

21Shares AG has partnered with the House of Doge to unveil the first and only exchange-traded product (ETP) for Dogecoin officially supported by the Dogecoin Foundation. The DOGE ETP has been launched on the SIX Swiss Exchange, providing institutional investors with a regulated and transparent means to gain exposure to Dogecoin.

Originally created as a humorous alternative to Bitcoin, Dogecoin has transformed into a legitimate digital currency with real-world applications. Its acceptance by companies such as Microsoft and AMC Theatres showcases Doge's viability in traditional finance.

With its robust community and dedication to social impact, Dogecoin has been involved in funding charitable initiatives and promoting financial accessibility, driven by the philosophy of 'Do Only Good Everyday'.

Duncan Moir, President of the crypto firm 21Shares, noted the evolution of Dogecoin from merely a cryptocurrency to a culturally and financially significant movement, with the ETP symbolizing an important advancement in the institutional acceptance of the token.

Jens Wiechers from the Dogecoin Foundation remarked that institutional support is critical in scaling Dogecoin as a global currency, emphasizing that this initiative adds a credible layer to the fun attributes of Dogecoin.

Sarosh Mistry, Director-Elect of House of Doge, emphasized that their partnership reinforces Dogecoin’s credibility in the world of finance.

The partnership aims to create institutional-grade investment products, offering investors a fresh avenue to engage with the Dogecoin ecosystem while maintaining the original community-centric spirit.

This launch signifies a major leap in Dogecoin’s trajectory towards broader financial acceptance.

Dabba Network & BONK Collaborating to Provide Internet Access to Underserved Regions

Dabba Network , a decentralized wireless service provider, has joined forces with BONK to enhance internet availability in neglected areas. This collaboration sets aside 10,000 Dabba Lite hotspots for the BONK community, where each installation involves burning $20 worth of BONK tokens and an additional $2 monthly for 18 months per device.

This initiative underscores how decentralized physical infrastructure networks (DePINs) can collaborate with community-driven efforts for tangible societal benefits. With 600 million people in India and 3 billion worldwide lacking access to the internet, Dabba seeks to close this gap. The alliance combines BONK’s engaged community with Dabba’s solutions to showcase blockchain’s potential beyond finance.

Dabba hotspots, priced at $299 which includes onboarding, represent an affordable entry point for participation in DePIN initiatives. This venture resonates with BONK DAO’s goal for practical utility, adopting the slogan #bonktheinternet. A microsite launching on April 5, 2025, will enable community members to purchase hotspots using BONK at a discounted price. Additional engagements include Galxe quests, “Deep in DePIN” X Spaces discussions, podcasts, and educational content.

By integrating internet expansion with token-burning mechanisms, this approach benefits both infrastructural growth and token holders, further demonstrating that meme-inspired projects like BONK can play a role in global development.