Wall Street
Citadel Securities Is Building a Crypto Trading Marketplace With Virtu Financial: Sources
The effort also includes Citadel’s recent VC backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans.
Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny
Deals may need to get repriced, an industry investment banker told CoinDesk.
Coinbase Has ‘Structural Advantage’ Over Competitors, Cowen Analyst Says
Stephen Glagola gave the crypto exchange an outperform rating and $85 price target.
Consider Digital Assets Instead of Still-Pricey Real Estate, Say JPMorgan Strategists
Nikolaos Panigirtzoglou and team mull the outlook for crypto following the Terra collapse.
Wall Street: Fed Digital Dollar Spells Destruction for Banks
As the U.S. Federal Reserve considers launching a central bank digital currency (CBDC), Wall Street bankers are sounding the alarm about the potential dangers of doing so. “The Hash” team discusses the utility of CBDCs and their privacy implications amid a global race to digital money.
Wall Street Says a Fed Digital Dollar Spells Destruction for Banks
The U.S. Federal Reserve is considering whether to launch a CBDC like other nations, and bankers argue that’s a dangerous idea.
From TradFi to DeFi: Jane Street Takes Out $25M USDC Loan
Wall Street trading firm Jane Street made its first stride into decentralized finance (DeFi) by taking out a $25 million loan in USDC from BlockTower Capital via the marketplace Clearpool. “The Hash” group discusses the early stages of Wall Street’s embracement of DeFi, touching on yields and regulatory concerns as institutional players enter the space.
Jane Street Dives Into DeFi With $25M USDC Loan
The Wall Street trading firm made its first DeFi investment last month, backing decentralized lending protocol Bastion.
