TradFi

EU Banks Could Access Stablecoins More Easily Under Leaked Plans
The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.

Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading
The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage.

Ethereum Staking Needs Its (Honest) LIBOR
A standardized ETH staking benchmark could unleash a new generation of financial products that appeal to TradFi.

DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says
The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency.

Crypto Derivatives Protocol Vega's Mainnet Goes Live for Futures, Options Trading
On Wednesday, crypto derivatives protocol Vega launched its Alpha mainnet, a blockchain built specifically to handle decentralized derivatives trading of financial products such as futures and options. Vega Protocol co-founder Barney Mannerings joins "First Mover" to discuss what the protocol will offer users and why it aims to make trading as good as TradFi "but entirely decentralized."

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products
The platform will offer liquidity pools for U.S. Treasury bills, later this year.

Mastercard Launches Crypto Credential Service for Cross-Border Transfers
The set of verification standards uses technology from CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquire in late 2021.

Tokenization Is 'Killer App' for TradFi: JPMorgan
Tyrone Lobban, head of the bank's Onyx digital-assets platform, said JPMorgan is moving forward with tokenization in spite of the downturn in the crypto market.

Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
A16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture-capital giant, a person familiar with the plans said.

TradFi Sees Opportunity in Crypto Despite ‘Red Wedding,’ Burning Buildings
Asset managers see decline in crypto valuations as a chance to increase exposure.

