7RCC was founded in 2021 to provide access to crypto and blockchain-related assets for EGS-conscious investors. The company started the process for an ETF 18 months ago but was waiting to have the right infrastructure in place to file an application, which is
Deutsche Bank’s asset management arm, DWS, is forming a new venture with Michael Novogratz’s Galaxy Digital and Flow Traders to jointly issue a euro-denominated stablecoin.DWS Group officially announced on Dec. 13 the plan to form AllUnity as part of a new partnership between
The investment arm of UK-based pension fund M&G has invested $20 million in the country’s first regulated Bitcoin (BTC) derivatives exchange, Global Futures & Options Holdings (GFO-X).An announcement from M&G and GFO-X outlined the investment details, which forms part of a $30 million
Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland, on Nov. 8, Carstens called central bank
Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an October 30 announcement. The feature has been added in partnership with decentralized finance (DeFi) protocol Bril Finance. The new feature allows PancakeSwap users to deposit tokens into single-asset vaults via the exchange’s
"According to the latest Bank of America Fund Manager Survey, the most crowded trade at the moment is still 'long big tech.' This has repercussions for the crypto market, not necessarily good ones," Noelle Acheson, author of the popular Crypto Is Macro Now
As with the trust, Onramp is harnessing multisignature (multisig) security, in which several custodians control the private keys to the bitcoin being held. The asset manager has tapped BitGo to perform this role alongside Coincover and Kingdom Trust, according to an announcement shared
"The convergence between crypto and traditional asset classes, including fiat currencies, equities, government bonds, and real estate, is experiencing an unprecedented growth," read the report. "We estimate that the market value for tokenized assets will be between $3.5 trillion in the bear-case scenario
"The long-awaited return of interest rate-driven volatility is a great opportunity that we plan to capture with our novel fund products," Lewis Fellas, CoinShares' hedge fund head, said in the statement. "Each product that will be offered is designed to mitigate counterparty risk
Several traditional finance giants, including Franklin Templeton and Hamilton Lane, a top-tier investment firm with over $823.9 billion in assets under management, have already initiated tokenization projects on Polygon. The Monetary Authority of Singapore's experimental tokenization initiative, Project Guardian, executed foreign exchange and
