Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges. Original Source
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Asset
Binance approves Shiba Inu as collateral asset
Crypto exchange Binance on Friday, August 4, said it is adding 22 new loanable assets and new collateral assets to its Flexible Loan and VIP Loan service.In its official statement, the crypto exchange disclosed several new collateral assets, among them Shiba Inu (SHIB), Compound (COMP) and Theta Network (THETA). This
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Ether (ETH) ETF Race Kicks Off With Six Asset Managers Filing
Binance counts China as its largest market, followed by South Korea, Turkey, Vietnam, and the British Virgin Islands, according to documents reviewed by the Wall Street Journal. The Journal reports that despite the ban on crypto within China, teams from Binance regularly collaborate with Chinese law enforcement to detect potential
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European digital asset manager CoinShares’ revenue up 33% in Q2
CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared wit the prior year’s quarter.According to the Aug. 1 announcement, the firm’s 25% year-over-year
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Bitcoin (BTC) to Reach $300K by 2028 Halving, Says Asset Manager Morgan Creek’s CEO
Yusko joins other bitcoin bulls who have recently predicted a higher price for the digital currency. Most recently, British multinational bank, Standard Chartered, predicted that bitcoin could reach $120,000 by the year-end. Meanwhile, Crypto services provider Matrixport, said it sees bitcoin rallying to as high as $125,000 by the end
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Accessing the Asset Class with Professional Help
While crypto as an asset class is still very early, there is an expanding menu of investment options that advisors can present to their clients. On the passive, low fee side, there are more and more products coming to market - many in investment wrappers that clients are well familiar
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Tokenized Asset Firm Securitize Issues Equity Tokens in Europe Using Avalanche (AVAX)
“European businesses will be a major beneficiary of this innovation, giving businesses a new way to raise capital through primary capital raises, and obtain potential tax benefits and liquidity through secondary trading,” Carlos Domingo, co-founder and CEO of Securitize, said in a statement. Source
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Avalanche Foundation Commits $50 Million To Tokenized Asset Purchases
The Avalanche (AVAX) Foundation has launched a $50 million initiative, called Avalanche Vista, to pioneer the future of asset tokenization. According to the announcement, the foundation will allocate the funds to purchase tokenized assets, often referred to as “real world assets” or “off-chain assets,” minted on the Avalanche blockchain. KKR Fund Tokenization
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Avalanche Foundation allocates $50M investment to on-chain asset token purchases
The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25.Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #AvalancheTokenization is poised to be one of the most impactful blockchain innovations of the
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Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
"Today, Rain is launching in the UAE, as the first licensed retail exchange," Joseph Dallago, CEO and co-founder of the Bahrain-based company, tweeted on Tuesday. "This is a 5 year effort, as we were one of the first exchanges to enquire about licensure back in 2018, when the ADGM released
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