Krisztian Sandor

Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University's business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.

Krisztian Sandor

Latest from Krisztian Sandor


Markets

Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch

Solana's SOL and Ripple's XRP were notable outperformers.

Bitcoin price on July 24 (CoinDesk)

Finance

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday

Customers of the defunct crypto exchange lost their funds in a 2014 hack, and the imminent distribution of nearly $9 billion worth of assets to creditors has been weighing on crypto markets.

(CoinDesk)

Finance

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan; ENA Rallies 22%

Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.

(Jim Henderson, modified by CoinDesk)

Markets

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

Bitcoin cash led with a 7% decline, while Solana's SOL, Ripple's XRP and Cardano's ADA also dropped 4%-5% as the news of the Mt. Gox distribution weighed on sentiment.

Bitcoin price on July 23 (CoinDesk)

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Finance

Tokenized Asset Manager Superstate Debuts New Fund to Profit From Bitcoin, Ether 'Carry Trade'

Superstate's new offering comes after its first tokenized fund of short-term U.S Treasury bills, which debuted earlier this year.

Robert Leshner, CEO of Superstate (Superstate)

Markets

Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins

Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.

Bitcoin price on July 19 (CoinDesk)

Finance

Italy's Top Banks Participate in 25M Euro Digital Bond Issuance on Polygon in ECB Trial

Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.

Intesa Sanpaolo headquarters in Turin (Riccardo Tuninato/Unsplash)

Markets

Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies

As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slipped on prediction market Polymarket.

Bitcoin (BTC) price on July 18 (CoinDesk)

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Finance

TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg

Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.

State Street building in London (Danny Nelson/CoinDesk)

Markets

Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound

A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.

Bitcoin price on July 17 (CoinDesk)