Tokenization Advocacy Group Wants to Bring the ‘Next Trillion’ of Assets to Blockchain
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.Source
First Mover Americas: Crypto Trading Volume Hits 4-Year Low
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premiseSource
Blockchain and AI Are Set to Transform Financial Markets: Moody’s
Incorporating AI and DLT into business models may require “substantial investment” at first – but could help lower expenses and improve market liquidity over time, a new report said.Source
Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation
The investment happens at a time when crypto venture capital has mostly dried up and trading volumes plummeted.Source
Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity
Volatility following the Grayscale’s court victory over the SEC failed to translate into trading volumes on centralized exchanges, CCData said.Source
Blanket Crypto Bans Won’t Work, IMF and FSB Warn in Joint Paper
The global standard-setters instead suggest targeted restrictions when necessary, and urges jurisdictions to strengthen monetary policy frameworks.Source
Depressed Crypto Markets, Regulatory Risks Fail to Dissuade Asset Managers From Investing
Almost half the 60 buy-side professionals surveyed from U.S. and Europe-based asset managers and hedge funds said they’re actively managing digital assets.Source
$500B Korean Asset Manager Mirae Taps Polygon Labs in Securities Tokenization Drive
Mirae Asset Management teams up with Ethereum scaling solution Polygon Labs to develop a tokenized securities network and accelerate adopt of Web3 technologies.Source