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Legal & General's $1.5 trillion asset management arm mulls fund tokenization

Legal & General is pursuing fund tokenization using blockchain technology, aimed at improving efficiency and access, while joining leading firms in the expanding market for tokenized securities.

theblock.co • 21/10/2024 - 13:48 PM

Global crypto investment products add $2.2 billion in weekly inflows amid US election optimism: CoinShares

Global crypto funds had $2.2 billion in net inflows last week, driven by Republican election optimism, while Bitcoin prices rose amidst polarized regional fund results.

theblock.co • 21/10/2024 - 11:35 AM

Bitcoin ETF inflows, crypto equity markets and retail trading sentiment are 'screaming risk-on,' Bernstein says

Analysts observe bullish sentiment for Bitcoin as ETF inflows rise, retail trading increases, and memecoins gain popularity, while the market reacts to potential political influences on crypto policy.

theblock.co • 21/10/2024 - 10:01 AM

The Daily: DBS introduces tokenized banking services, BlackRock's Bitcoin ETF attracts $1 billion in less than a week and more

DBS, Singapore’s largest bank, has launched “DBS Token Services,” a new suite of blockchain-based products designed to enhance liquidity management and streamline operations for institutional clients. BlackRock’s spot Bitcoin ETF added another $309 million in net inflows on Thursday, contributing to more than $1 billion worth of positive inflows for its IBIT product this week alone. The SEC filed a “Civil Appeal Pre-Argument Statement” late Thursday, seeking to challenge the U.S. District Court for the Southern District of New York’s prior judgment in its ongoing case against Ripple. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/10/2024 - 18:16 PM

BlackRock pitches Binance, OKX and Deribit on using its BUIDL token for derivatives trading: Bloomberg

BlackRock seeks to have its BUIDL token used as collateral for crypto derivatives trading on major exchanges, enhancing its adoption and stability in the market.

theblock.co • 18/10/2024 - 17:19 PM

Euroclear eyes Asia’s blockchain potential with stake acquisition in Singapore’s Marketnode

Euroclear has acquired a stake in Marketnode, entering Asia's blockchain market to enhance fund management and settlement times, joining major shareholders like SGX Group and Temasek.

theblock.co • 18/10/2024 - 06:20 AM

Stripe in talks to acquire stablecoin-focused fintech firm: Bloomberg

Stripe is in talks to acquire stablecoin firm Bridge for $1 billion, aiming to enhance its crypto payment offerings following the recent reintroduction of USDC support.

theblock.co • 17/10/2024 - 10:40 AM

Japan’s Metaplanet rolls up bitcoin put options for additional revenue

Metaplanet Inc. adjusts bitcoin put options strike price to $66,000, increasing yield and total holdings as part of its positive outlook on cryptocurrency investments.

theblock.co • 16/10/2024 - 06:00 AM

JPMorgan bullish on crypto into 2025, considering a Trump win and other factors

JPMorgan analysts predict a bullish outlook for cryptocurrency in 2025, driven by factors like the debasement trade, regulatory developments, and increased institutional interest.

theblock.co • 15/10/2024 - 18:47 PM

FalconX unveils service that automatically converts digital assets to dollars for crypto miners

FalconX launches an electronic streaming service to automate conversion of crypto miners' earnings to USD, enhancing liquidity and operational efficiency amidst market instability.

theblock.co • 15/10/2024 - 18:38 PM

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