OTC
Ethereum Foundation Sells 10,000 ETH to SharpLink in First-Such OTC Deal
The company is positioning ETH as its primary treasury reserve asset and said it plans to stake and restake the acquired ETH, effectively removing it from circulation.
Self Chain Ousts CEO Ravindra Kumar After $50M OTC Scam Allegations
Ravindra Kumar denied involvement of any wrongdoing on Friday.
Ripple’s Hidden Road Launches Crypto OTC Brokerage in U.S.
Hidden Road opens up cash-settled crypto OTC swaps for U.S. institutions, backed by Ripple’s $1.25 billion acquisition plan.
Stablecoin Deals and China, Europe to Follow U.S. With Bitcoin Reserve: Wintermute Predictions
Wintermute report reviewed a strong 2024 as OTC volumes grew by 313%.
Bitcoin Retail Investor Selling Signals Coming Pullback, but There Might be a Catch
Dubbed "smart money" of late, retail bitcoiners are starting to sell, but exchange balances are falling, suggesting plenty of buyers.
Bitcoin Approaches All-Time Highs as Daily OTC Desk Inflows Drop to Year's Lows: CryptoQuant
Over-the-counter desks hold 416,000 bitcoin valued around $30 billion, a level that has remained stagnant for the past month.
Hong Kong to Consult on Regulation for OTC Crypto Venues 'Very Soon'
The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.
Crypto OTC Volumes on Wintermute Soared 400% in 2023
The market maker said the uptick in over-the-counter trading was due to volumes moving off-exchange.
Galaxy Executed Its First OTC Options Trade as Demand for On-Chain Options Ramps Up
In 2022, “DeFi performed exceedingly well while CeFi and some traditional methodologies for transacting had some challenges,” Jason Urban, Galaxy’s global head of trading, told CoinDesk TV.
Asia-Based Digital Asset Firm HashKey Group Introduces Wealth Management Service
HashKey has also expanded its OTC service by expanding its liquidity coverage and range of tokens in the spot market.
