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Blythe Masters: Blockchain Tech Will Transform Finance

Updated Sep 11, 2021, 11:43 a.m. Published Jun 5, 2015, 11:03 a.m.

Former Wall Street executive Blythe Masters says distributed ledgers will change the way the financial world operates.

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Speaking at the Exponential Finance conference in New York, Masters who joined bitcoin trading platform Digital Assets Holdings as CEO in March, said:

"Distributed ledger technology does have the potential to be disruptive of certain business models. But it has at least as much potential to be enormously empowering of existing business models in terms of making them lower cost, more efficient and less risky."

The CEO, who also discussed smart contracts and the potential benefits of blockchain tech for trading, seemed positive about mainstream adoption in the future. "We won't get there overnight, but we will get there."

Digital Assets

, founded by entrepreneurs Sunil Hirani and Don Wilson in 2014, is creating a decentralised settlement system which will enable financial institutions to trade digital and non-digital assets.

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  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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Traders mull the bottom as bitcoin returns to week's lows below $86,000

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One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.

What to know:

  • Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
  • Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
  • One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.