Chainalysis, Fireblocks, Gauntlet Make Forbes’ Fintech List
The three crypto companies have together raised a total of $2 billion.
Finance
Franklin Templeton Joins Ethereum ETF Race
The asset manager is also one of the issuers of a spot bitcoin exchange-traded fund but hasn’t seen the same success as frontrunners BlackRock and Fidelity.
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
Ripple-Owned Crypto Custody Firm Metaco’s CEO and Head of Product Depart
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year.
CoinDesk’s New Owner Bullish Replaces CEO in Restructuring
Sara Startoberdha succeeds Kevin Worth, who has led CoinDesk since 2017.
Crypto for Advisors: Bitcoin as a Building Block for Portfolios
A practical, unbiased, and proven approach could classify bitcoin as another building block in institutional investors’ portfolios.
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
A 1976 Treasury bill worth $5000. (Wikimedia/CoinDesk)
Activist DAO Investor Pivots to Building a Company
Diogenes Casares’ new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange.
Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business
The company, backed by the owner of the NYSE, was introduced in 2018 with the initial goal of helping Starbucks customers buy coffee with bitcoin.
Investing in ‘Gold’ – Via Bitcoin – Is Cheaper Than Ever
All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.