Futures will be the best crypto game in town even after a Bitcoin spot ETF

The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF.Activity on the CME has expanded significantly over the past 12 months. The CME now sees more Bitcoin (BTC ...

Crypto Biz: Uniswap’s Android wallet app, Cboe to launch BTC, ETH margin futures, and more

As the final weeks of 2023 approach, it’s fair to say that one of the most dominant trends and drivers of crypto companies’ strategies over the past months can be summed up in a single word: licenses. In a tight regulatory environment, getting the green light from regulators has been ...

Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report

Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.Fnality has raised 77.7 million British pounds ($95.09 million) in a second round of funding, Re ...

Real-world asset protocols outperform DeFi blue chips due to tokenization wave

Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles.An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commoditi ...

Goldman Sachs Study Shows One-Third of Family Investment Firms Invested in Cryptocurrencies

Goldman Sachs, a large investment bank, conducted a study of investments of family companies in various assets. It turned out that a third of these firms invested in cryptocurrencies. Interestingly, the main incentive for family investment firms to invest in digital asset ...

Family Offices Show Increased Reluctance to Invest in Cryptocurrencies, Goldman Sachs Study Finds

Such companies invest less in digital money And prefer more stable assets Goldman Sachs conducted a study into which areas family offices invest. It shows how rising interest rates affect asset allocation. Family offices are firms that manage assets. As a rule ...

Problems with regulation may lead American crypto firms to relocate outside US, says Raoul Pal

Raoul Pal, the former top executive at Goldman Sachs and current CEO of Real Vision, has predicted that American cryptocurrency companies may have to relocate their headquarters to other parts of the world due to regulatory issues. In an interview with the Rug Radio podcast, Pal drew parallels to ...

Goldman Sachs analysts call Bitcoin the best asset of the year with 51% growth

According to investment bank Goldman Sachs, bitcoin has been the standout asset of the year so far, with its value increasing significantly in just under three months. Compared to other major assets, bitcoin has experienced the highest growth rate, having risen by an impressive 51% since the begi ...

Goldman Sachs remains committed to blockchain despite layoffs

Goldman Sachs is paving the way for the future of blockchain technology, according to Matthew McDermott, the head of digital assets at the bank. Despite a recent downsizing that saw approximately 3,200 employees let go, the institution remains committed to exploring the possibilities of blockchai ...

Hong Kong Issues World’s First Tokenized Eco-Friendly Bonds

Hong Kong Monetary Authority (HKMA) has made history by issuing HK$800M ($101.9M) worth of tokenized green bonds, making it the first-ever "green debt" issued by a government. The move is in line with Hong Kong authorities' efforts to attract institutional investors by introducing eco-friendly bonds ...