Latest posts
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Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it’s looking to attract institutions after retail traders lost interest.
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Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.
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Paul Tudor Jones’ investment firm increases stake in BlackRock’s bitcoin ETF after year of selling
Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.
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B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth
The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers across the region.
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Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.
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Brazil’s largest lender Itaú is stepping deeper into the tokenization
Itaú Unibanco said it teamed up with tokenization specialist OpenAssets to test tokenized bonds and funds in a pilot run by Brazil’s financial watchdog ANBIMA.
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EToro reports second quarter crypto loss even as total profit beats estimates
The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million.