Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others.
Related Posts
Ether.fi launching ‘crypto-native’ credit card on ZK-rollup Scroll
The degen-branded card is non-custodial and lets users pay by borrowing against crypto collateral, Ether.fi said.
Bitcoin bulls respond with a $150M short squeeze above $53K — Can BTC go higher?
Roughly $150 million worth of shorts were liquidated within a span of hours as the price of Bitcoin (BTC) rose from around $47,000 to over $53,000 on April 26.The cryptocurrency market as a whole saw a strong short squeeze, as Ether (ETH), Binance Coin (BNB), and other major cryptocurrencies also rose by around 15% in…
BNB Chain to collab with Google Cloud to bolster Web3, blockchain startups
BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration. 518 Total views 11 Total shares Binance’s smart contract blockchain platform BNB Chain has partnered with Google Cloud to bolster Web3 and blockchain startups.Startups that are currently building products and services on the BNB Chain blockchain will…
Bitcoin Holds Over $8,000 as Top Altcoins See Minor Losses
Saturday, May 25 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day.Market visualization courtesy of Coin360Bitcoin is a fraction of a percent up on the day, trading at $8,025 at press time,…
Kraken OTC Head: Bitcoin Is Not a Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier has compared today’s cryptocurrency trading industry to how Wall Street used to be — adding that it is still too soon to call Bitcoin (BTC) a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier said:“Wall Street ain't what it…
Grayscale adds a ‘cool $300M’ in a day and $1B this week
“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert. Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week.According to an update posted to Grayscale’s Twitter account on Oct. 22, the investment firm currently has $7.3 billion in…
Stress test? What Biden’s bank bailout means for stablecoins
The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit bond portfolio, led to a depegging event for major stablecoins in the crypto sector, leaving many to wonder whether it was a simple stress test or a sign…
Major crypto firms and groups form coalition aimed at promoting ‘market integrity’
“Harmonizing a broad global approach to digital assets and competition in the digital currency space race, can improve U.S. competitiveness, security and lower fundamental costs for basic financial access,” said Dante Disparte of Circle. 246 Total views 31 Total shares Several cryptocurrency exchanges and advocacy groups across different countries have banded together to form a…