ChainCatcher news, according to Bloomberg, Goldman Sachs is in talks with potential partners to spin off its digital asset platform into a new company, allowing large financial firms to create, trade, and settle financial instruments through blockchain technology.Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, stated in an interview that the bank is negotiating with several market participants regarding this plan while continuing to expand the platform's capabilities and develop new business use cases. McDermott mentioned that the plans for the new company are still in the early stages, but the long-term goal is to complete the spin-off within the next 12 to 18 months, pending regulatory approval.Additionally, McDermott indicated that Goldman Sachs is seeking to provide secondary market trading facilitation for private digital asset companies for its clients. He said this could make it easier for family offices and other liquidity-seeking clients to access funding while allowing buyers to benefit from discounts in the private market. He added that the bank is also looking to resume its Bitcoin-backed lending activities.

ChainCatcher news, The ETF Store President Nate Geraci posted on the X platform that once the Grayscale Bitcoin Mini Trust completes its separation from Grayscale GBTC, it will immediately become the sixth largest spot Bitcoin ETF by asset size, and the fee rate is the cheapest at only 15 bps, attracting liquidity worth noting.

ChainCatcher news, GnosisDAO approves the spin-off of Karpatkey into an independent entity. Karpatkey has been part of GnosisDAO since 2021.After the spin-off, Karpatkey will operate independently, using its own KPK governance token, and plans to expand its business beyond traditional Web3 services. This move is part of Gnosis's strategy to support blockchain application development and improve the Web3 ecosystem.

ChainCatcher news, according to official information, the XLink cross-chain bridge completed its spin-off through a community vote on November 23 and was officially renamed XLINK (previously ALEX Bridge) and launched a new website, becoming the cross-chain entry for the BTC ecosystem EVM chain. It is reported that 99% of community members agreed to the independent operation of XLINK during this voting activity.XLINK officials stated that this spin-off was mainly due to the need for specific teams and stakeholders to participate in maintaining the integrity of the cross-chain bridge, as well as the need to align with the perspective of expanding the ALEX ecosystem.