Exodus, a company focused on making cryptocurrency easy and accessible for everyone, is to tokenise its recent USD75 million common stock shares (EXIT) offering on Algorand, a blockchain company accelerating the convergence of decentralised and traditional finance.
Uncorrelated returns with the potential for disruption and decentralisation: How crypto assets are changing the considerations for alternative investments
“As an investment case, bitcoin is very early stage and offers big potential, as its long-term correlation is low compared to traditional asset classes.” In the following article Michael Zbinden, CIO, and Dr Hartmut Neff (pictured, above left with Zbinden), Portfolio Manager, with the Crypto Finance Group, offer an introduction to the considerations around investing in crypto assets.
21Shares, a Swiss Crypto ETP issuer, has chosen CryptoCompare, a digital asset market data specialist, to provide settlement pricing for all of its single asset ETP data effective 1 June 2021.
Talos, an institutional technology provider for digital asset trading, has completed a USD40 million Series A investment round led by Andreessen Horowitz and including investments from PayPal Ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and STEADFAST Capital Ventures.
CoinShares, the world’s largest publicly listed digital asset investment firm, is to collaborate with Blockdaemon, the institutional crypto infrastructure provider. Through this partnership, CoinShares and Blockdaemon aim to build staking and blockchain networking infrastructure into its larger trading and asset management platform.
Blockchain platform Lohko has teamed up with London-based tech firm Mattereum to launch a new ownership model of physical goods that will enable verifiable gold non-fungible tokens (NFTs) to be traded on the blockchain and attached to carbon offsets.
BCB Group, a European leading provider of business accounts and trading services for the digital asset economy, has appointed Derek Rego as Chief Technology Officer (CTO).
Diginex Limited, a digital assets financial services company, has announced that combined 24-hour spot and derivative volumes on its EQUOS cryptocurrency exchange reached a record-high, exceeding USD200 million on May 20, 2021. Trading volume for the past 30 days has increased more than 40 per cent to USD2.9 billion, only three weeks since the company announced a record USD2 billion in 30-day volumes on May 4, 2021.
Umbria’s Layer 2 DEX is going live on Friday, 21 of May and will enable fast, low-cost swaps and liquidity providing.
Bitstocks has now joined the trade association, CryptoUK, as a community member. CryptoUK is a self-regulatory trade association for the UK cryptocurrency industry, established to promote higher standards of conduct.