Denmark has announced plans to establish a reconciliation fund to provide financial compensation to Greenlandic women affected by a forced contraception program that spanned decades. Prime Minister Mette Frederiksen revealed the government's intention to create the fund ahead of her visit to Greenland this week, where she will participate in a ceremony marking Denmark's official apology for the intrauterine device (IUD) scandal.

The reconciliation fund will offer individual financial compensation not only to women subjected to the forced IUD program but also to other Greenlanders who experienced systematic discrimination based on their ethnicity. The announcement represents a significant step in addressing historical grievances between Copenhagen and Nuuk, coming nearly two years after Denmark's initial apology for the contraceptive coercion that affected thousands of Inuit women and girls.

In a related development, the Danish national appeals board reversed a decision to separate a Greenlandic mother from her newborn daughter shortly after the fund's announcement. Ivana Nikoline Brønlund, who was separated from her daughter one hour after birth following parenting competence tests criticized as discriminatory, expressed relief at the reversal. The case had drawn attention to contemporary practices that campaigners argue continue to reflect biased treatment of Greenlandic citizens.

The forced contraception program, which ran from the 1960s until 1992, affected approximately 4,500 Inuit women and girls who were fitted with IUDs without proper consent. These recent developments highlight ongoing efforts to reconcile Denmark's colonial past with Greenland, which ceased to be a colony in 1953 but remains part of the Danish commonwealth. The reconciliation fund initiative signals the government's commitment to addressing historical injustices while improving current relations with the autonomous territory.

Swedish digital asset manager Virtune has launched what it claims is Europe's most cost-efficient Sui exchange-traded product (ETP) on Euronext Paris, marking another step in the company's expansion across European markets. The Virtune Sui ETP, with the ticker VRTU, provides investors with exposure to the Sui cryptocurrency through a regulated, physically backed investment vehicle. This launch comes as Virtune continues to build its position as one of the leading issuers of regulated crypto ETPs in Europe.

The new ETP features an industry-leading 0.95% annual management fee, making it the most cost-efficient Sui ETP available to European investors. Virtune plans to further expand the product's distribution by listing it on local German exchanges, including gettex and Tradegate, to improve accessibility for German investors. The company has established itself as a trusted provider in the digital asset space, serving over 150,000 investors since its launch just over two years ago.

Security and regulatory compliance remain central to Virtune's approach, with Coinbase serving as the crypto custodian for all of the company's ETPs. The underlying crypto assets are held in cold storage, providing institutional-grade security for investors. This infrastructure supports Virtune's commitment to offering European investors secure, transparent, and regulated access to digital asset markets through traditional investment channels.

Christopher Kock, CEO of Virtune, emphasized the company's mission to make innovative digital assets more accessible to investors. "We are excited to launch the most cost-efficient Sui ETP in Europe, reinforcing our mission to make innovative digital assets more accessible to investors," Kock stated. The launch strengthens Virtune's position as it manages more than $475 million in assets across its product offerings, continuing its growth trajectory in the European digital asset management landscape.