TradFi

Weekly Challenge: The Digital Asset Power Hour
Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard.

Centralized Exchange Scrutiny Will Spur Research of Decentralized Exchanges
Decentralized exchanges have an intriguing road ahead amid the wreckage of FTX.

Fixed Income DeFi Platform Term Finance Readies for Business
Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others.

Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs
The regulated DeFi asset manager was launched with a $5 million investment from the Web3 incubator.

DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank.

Global Standard Setters Will Team Up to Tackle DeFi Regulation: FSB
Decentralized finance “does not differ substantially” from traditional finance in its functions or vulnerabilities, according to the Financial Stability Board.


Nomura’s Crypto Arm Invests in Institutional Hybrid DeFi Protocol Infinity Exchange
The investment showcases a growing trend of merging DeFi infrastructure and TradFi solutions to enable tokenizing traditional assets and to create blockchain-based markets for institutional investors.

Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules.

‘It’s Time for Crypto to Put on Big Boy Pants’: 5 Ways TradFi Investors Are Rethinking Crypto in the Wake of FTX
Pension funds, endowments, foundations and large family offices are key to crypto’s future. How do they look at the industry now? Angelo Calvello checks in with 15 asset-owners.

