INSTITUTIONAL INVESTORS
HKMA's 10-Year RMB Bond Reopening Sees Strong Demand, 6.82x Bid-to-Cover
Hong Kong's reissue of RMB1.5B 10-year government bonds draws RMB10.235B in bids, reflecting robust demand for RMB assets.
Global Asset Managers Eye 16% Portfolio Share for Digital Assets by 2028
Institutions worldwide are accelerating plans to double digital asset exposure, with tokenization and regulatory shifts fueling the wave.
Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference
Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings.
EDX Markets: Pioneering Digital Asset Trading with Institutional Focus
EDX Markets is a cutting-edge digital asset marketplace designed to cater to the needs of both crypto-native firms and large financial institutions, offering a safer, faster, and more efficient trading experience.
Kraken Unveils "Kraken Institutional" to Enhance Crypto Services
Kraken launches Kraken Institutional, consolidating several core services to provide a comprehensive crypto solution tailored for institutions and high net-worth individuals.
Coinbase International Exchange Launches Non-US Spot Markets
Coinbase launches non-US spot markets for institutional clients, addressing regulatory concerns and expanding globally.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong
Swiss cryptocurrency bank SEBA Bank has been granted a Hong Kong Securities and Futures Commission license to offer trading, distribution, advisory, and asset management services in the Asia Pacific region.
Alpaca Debuts Private Equity Real Estate
Alpaca, a New York-based alternative investment firm, has launched a private equity real estate platform, Alpaca Real Estate (ARE), led by Daniel Carr and Peter Weiss. The platform, with significant backing from GCM Grosvenor, aims to leverage technology and operational strategies to enhance real estate investment returns amid current market dislocations.
Binance Survey: Institutional Investors Bullish on Crypto's Long-Term Prospects
Binance Research, in collaboration with Binance VIP & Institutional, has recently unveiled the results of their Institutional Crypto Outlook Survey. The study reveals a strong positive sentiment towards cryptocurrencies among institutional investors, with 63.5% expressing optimism for the next year and a striking 88% displaying a positive outlook for the next decade.
InfStones aims to simplify ETH staking through Shappella upgrade
InfStones is offering a new Ethereum validator service that allows users to launch validator nodes for staking with just a few clicks. The platform is targeting both users and institutional investors by providing a simpler way to stake their tokens, with the added benefit of being able to stake less than 32 ETH after the Shappella upgrade. However, there has been a slight decline in Ethereum staking deposits due to regulatory pressure and the upcoming upgrade.
Nasdaq to Launch Digital Asset Custody Services
Nasdaq is preparing to launch its custody services for digital assets by the end of Q2 2022, starting with Bitcoin and Ether. The exchange has applied for a limited-purpose trust company charter from the New York Department of Financial Services to oversee the new business and aims to eventually build a broad suite of services for its digital assets division. Its entry into the crypto market could potentially boost institutional investor confidence and pave the way for more traditional financial institutions to offer similar services.
Institutional Investors Seek Tokenization Solutions
Institutional investors are seeking solutions for easy implementation of tokenization to improve liquidity for global assets expected to reach $145.4 trillion by 2025. Polygon has been working with global players such as Hamilton Lane, which has already tokenized part of its $824 billion assets under management, and JPMorgan, which executed its first cross-border DeFi transaction on the Polygon network.
Fidelity Launches a New Commission-Free Crypto Trading Product
Fidelity Investments has launched trading support for Bitcoin and Ethereum at zero commission