Bloomberg, along with Galaxy Digital, has expanded its crypto offering with the launch of the Bloomberg Galaxy DeFi Index (DEFI). Alongside the index launch, Galaxy Digital’s funds platform, Galaxy Fund Management, is now offering the Galaxy DeFi Index Fund, a passively managed fund tracking the performance of DEFI.

SCB Asset Management, Thailand's largest asset management company, has launched SCB Blockchain, a feeder fund investing into the Invesco Elwood Global Blockchain UCITS ETF which tracks the CoinShares Elwood Global Blockchain Equity Index. 

New research from Nickel Digital Asset Management (Nickel) reveals that 55 per cent of institutional investors and wealth managers are ‘very concerned’ about the threat of inflation, and a further 36 per cent are ‘quite concerned’. 

Titan has launched Titan Crypto, an actively managed portfolio of cryptocurrency assets available to all US investors. 

DeFi Technologies has entered into a letter of intent (LOI) to acquire 100 per cent of the issued and outstanding securities of Protos Asset Management (Protos).

CrossTower, a crypto investment and trading firm, has appointed Cory Thackeray, CA CPA, as Chief Financial Officer. 

Regulatory changes allowing certain German funds to invest up to 20 per cent of their assets in cryptocurrencies could increase demand for cryptocurrencies. However, there are significant risks – notably liquidity risk – for the funds that invest in such assets, says Fitch Ratings.

UBS has joined Broadridge Financial Solutions' distributed ledger repo (DLR) platform. 

Greengage, which has plans to become the first digital asset merchant bank, has secured its first institutional investment, a commitment of GBP2.5 million from Gibraltar-based portfolio firm, IOVlabs. 

Bitfinex, a digital token trading platform, has made BIT Mode on Satoshi available to the exchange’s user base, enabling customers to divide their holdings into the smallest units of a bitcoin.