Latest from Aoyon Ashraf
Citibank Tests Tokenization of Private Equity Funds on Avalanche
The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.
Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings
The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.
Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.
Franklin Templeton Joins Ethereum ETF Race
The asset manager is also one of the issuers of a spot bitcoin exchange-traded fund but hasn’t seen the same success as frontrunners BlackRock and Fidelity.
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
An initial lawsuit accusing crypto firm DCG of cheating people out of $1 billion has been amplified by investors coming forward with losses tripling that, the NY attorney general said.
Vibe Check: Momentum Building: CoinDesk Indices' Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
JPMorgan Survey Shows Over Half of Institutional Traders Don't Want Crypto Exposure
The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.
Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report
Former CEO Jamie Leverton is succeeded by president Asher Genoot.
CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval
The total derivatives trading volume on CME rose 35% in January to $94.9 billion, the highest since October 2021.
