Crypto’s Darkest Hour, and the Bright Day Ahead
There really is a crypto future worth fighting for if we can just leave the crypto clowns behind.
TradFi
Tokenization of RWAs Gets Boost With DTCC Deal to Buy Blockchain Startup Securrency
Securrency provides institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner.
A Bitcoin ETF Has Golden Parallels From History
Why all the excitement about spot bitcoin ETFs? Well, a gold ETF was a huge deal for markets, and people wonder if $BTC might be next.
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.
House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips.
21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
While the product offers investors single-asset exposure to the liquid staking leader, the Switzerland-based firm classified this product as class 7 risk, the highest level.
Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets
The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday.
TradFi Hedge Fund Hunting Hill Starts Crypto Arm
Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021.
Tokenization Is ‘Killer App’ for TradFi: JPMorgan
The head of the bank’s Onyx Digital Assets platform, Tyrone Lobban said there is added caution post-FTX, but JPMorgan’s strategy hasn’t at all changed.