Latest news with #Avalanche
Yahoo
4 hours ago
- Sport
- Yahoo
Jahmai Jones' RBI double
Insider Suggests Colorado Avalanche as Top Destination for Jonathan Toews The Colorado Avalanche have already made their top priority signing by re-signing Brock Nelson and locking up their second-line center, but could they look to add another top centerman to their roster? 0:59 Now Playing Paused Ad Playing
New York Times
8 hours ago
- Sport
- New York Times
Blackhawks acquire Andre Burakovsky for Joe Veleno in trade with Kraken
The Chicago Blackhawks acquired two-time 20-goal scorer Andre Burakovsky from the Seattle Kraken in exchange for Joe Veleno on Saturday. Blackhawks general manager Kyle Davidson has been looking for a way to add some scoring punch to one of the league's weakest offenses, but he's reluctant to commit too much money and too many years to a high-end free agent such as Mitch Marner or Nikolaj Ehlers, neither of whose ages line up with their very young core. At 30 years old, Burakovsky doesn't, either. Advertisement However, with just two years left on his contract — at a $5.5-million cap hit — Burakovsky can be a nice stopgap while the rest of Chicago's young forwards work their way into the NHL lineup. He found himself in a fourth-line role with the Kraken by the end of the season, but he's 6-foot-3, is a strong skater and has shown some top-six talent in the past. Seattle not having to pay *anything* to get a team to take Andre Burakovsky's deal is incredible work. — dom 📈 (@domluszczyszyn) June 21, 2025 Burakovsky had just 10 goals and 27 assists in 79 games for the Kraken this past season after his 2023-24 season was cut short by a groin injury. He never lived up to the five-year, $27.5 million contract he signed with Seattle after helping the Colorado Avalanche win the Stanley Cup in 2022. In his three seasons in Colorado, he had 20, 19 and 22 goals after modest but consistent production for five seasons with the Washington Capitals. But he was in danger of getting squeezed out of the Kraken lineup and was an obvious trade candidate. Veleno, a fourth-line center acquired by Chicago from Detroit in the Petr Mrázek trade at the deadline, was a possible buyout candidate, and still could be, if this proves to be little more than a cap dump for the Kraken. Veleno has one year left on his deal at a $2.275-million cap hit. The Blackhawks' strong closing kick with a team loaded with rookies and players younger than 23 years old has lessened the urgency Davidson feels to turbocharge the team's long rebuilding plan. Rather than go big-game hunting in unrestricted free agency, trades like this one — modest additions who can play up and down the lineup but don't require long-term commitments that'll block younger players' paths to the NHL — are about all that Blackhawks fans should expect this summer.
Yahoo
21 hours ago
- Sport
- Yahoo
Ryan McMahon's solo homer (12)
How Should the Avalanche Value Ryan Lindgren Approaching Free Agency? The Colorado Avalanche accomplished their most important task so far this summer by re-signing Brock Nelson and locking up the second-line center for the next three seasons. Still, now they have to see if they can re-sign another midseason acquisition, Ryan Lindgren. 2:20 Now Playing Paused Ad Playing
Edmonton Journal
2 days ago
- Sport
- Edmonton Journal
Florida Panthers' Stanley Cup damage just the latest mishap in the trophy's storied history
Article content 'If I really wanted to throw the Cup, I would have thrown the Cup. But that was not my intention.' Ludwig, who admitted in the same article that they were all fairly drunk by this point, couldn't be sure what happened. Oh, Baby! The first known and reported instance of an infant being baptized in Lord Stanley's Cup came in 1996 when the Avalanche's Sylvain Lefebvre used it for his daughter's He was followed in 2008 by the Red Wings' Tomas Holmstrom, whose niece was welcomed into the Christian faith in the bowl from which countless beers and bottles of champagne have been slurped. The Pittsburgh Penguins' Josh Archibald had his three-week-old baptized in 2017, and the Avalanche's Jack Johnson used it for all three of his kids on his day with the trophy in 2022.
Arabian Post
2 days ago
- Business
- Arabian Post
Nordic Crypto Expansion: 21Shares Lists Five New ETPs in Stockholm
Zurich-based 21Shares AG has extended its reach in the Nordic financial market by adding five cryptocurrency exchange-traded products to Nasdaq Stockholm, taking its total offerings on the Swedish exchange to ten. The newly cross-listed products—Uniswap, Avalanche, Bitcoin Gold, Solana Core Staking and Ethereum Core —join the firm's existing Bitcoin, Ethereum, Solana, XRP and Bitcoin Core ETPs. This move reflects mounting interest among both retail and institutional investors in regulated access to a broader range of digital assets via established trading venues. With the latest additions, 21Shares reinforces its position as a leading provider of physically backed, transparent crypto investment products in Europe. Mandy Chiu, Head of Financial Product Development at 21Shares, highlighted that the expansion enables investors to craft more bespoke portfolios. 'By offering a broader selection of single‑asset and thematic crypto ETPs, we're empowering investors to build more customised and resilient portfolios through a familiar exchange environment,' she said. Nasdaq's European ETF & ETP head, Helena Wedin, welcomed the new suite, noting such innovation as shaping the future of capital markets. ADVERTISEMENT The newly listed ETPs offer exposure to distinct niches within the crypto ecosystem. AUNI provides a stake in Uniswap, the leading decentralised exchange. AVAX tracks Avalanche, a platform noted for its scalability. BOLD focuses on Bitcoin Gold—a fork designed to democratise mining. CSOL delivers both Solana price exposure and staking yield, while ETHC covers Ethereum's core asset. These additions allow investors to target specific segments, from DeFi protocols to next‑generation blockchains and staking-enabled assets. All 21Shares ETPs are physically collateralised and traded under regulated frameworks, removing the burden of wallet management and key custody. Fees range from 0.21% to 2.50% annually, offering a competitive alternative to direct crypto exchange transactions. The firm's products are also listed on Euronext Paris, Amsterdam, London and SIX Swiss Exchange, contributing to a diversified pan-European presence. This latest development comes as Europe prepares for implementation of the Markets in Crypto‑Assets Regulation, aimed at standardising crypto oversight. More listings on regulated exchanges help issuers align with the evolving regulatory landscape. 21Shares' strategy compares with best-in-class players in traditional finance pushing crypto integration. From Bitcoin and Ethereum to platforms like Solana and Avalanche, the firm's growing suite meets demand both for mainstream exposure and thematic investment strategies. Despite these advances, some challenges persist. Liquidity conditions for less‑traded tokens such as Bitcoin Gold can be thin, and tracking discrepancies may emerge between product performance and spot prices. Fees, while competitive, can vary significantly: niche products may carry noticeably higher rates, impacting returns. Nevertheless, for investors seeking regulated and familiar vehicles, the benefits are tangible. ETPs provide access through existing brokerages, transparency under established compliance standards and relief from the technical complexity of self-custody. This expansion also underscores Nasdaq Stockholm's evolving role as a hub for crypto‑linked financial instruments. Stockholm's regulatory environment and market infrastructure make it attractive for issuers and investors alike. The increased product diversity enhances its appeal to both domestic and regional markets. Beyond booming local interest, 21Shares continues to push forward globally. In the US, the firm is pursuing approvals for a suite of spot crypto exchange-traded funds—including for Solana, XRP, Dogecoin, Polkadot, and Sui—as it seeks to replicate its European success. Additionally, its ARK 21Shares Bitcoin ETF underwent a 3‑for‑1 stock split on 16 June to enhance accessibility. Since launching the first physically backed crypto ETP in 2018, 21Shares has built a track record of innovation and adaptation. Backed by deep market expertise and proprietary custody systems, the company now manages approximately US $9.15 billion in assets under management. Leadership changes—including new CEO Russell Barlow—reflect an evolving operational structure focused on scalability.
