Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.In a recent report published by the Investment Association (IA), it outlined the rapid movement in the digitalization of financial
Separately managed accounts have been growing rapidly over the past 10 years, with assets under management growing from $550 billion in 2011 to $1.7 trillion in 2021. Wealth managers chose SMAs due to the key advantages of tax optimization, direct ownership, professional management
By contrast, the new yield products generate their returns through “rational” rails, said Matt Hougan, chief investment officer for Bitwise, which is rolling out a “USD Income Fund” that loans investors’ dollars to counterparties like Coinbase and Gemini (who then loan them into
The digital asset manager expects miners using renewable energy will be the ultimate winners in the space. Source link
Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions. The new lending marketplace, which is offered on unsecured lending protocol TrueFi, gives
With 2021 just about in the rearview mirror, it’s a good time to reassess the notion that cryptocurrency is still a risk-on asset class. After all, crypto’s risk will help determine how to allocate assets in 2022.For many traders, the massive selloff of
Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares. Crypto investment products, which include exchange-traded funds (ETFs), saw weekly inflows totaling $154
One-quarter of surveyed global fund managers expect the price of bitcoin to surpass $75,000 in 12 months, according to a Bank of America survey of global fund managers seen by CoinDesk.A quarter of fund managers expect the price of bitcoin to be over
