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Showing posts with the label institutional

Backed introduces tokenization platform for institutional use

Backed, a real-world asset tokenization platform, has unveiled a new range of services for tokenization at institutional levels, according to the information shared with Finbold on March 22.  The new tokenization platform is designed to empower financial institutions to issue token ized assets securely and efficiently. Compliance and trust in tokenization Picks for you AI predicts BNB price for end of 2024 18 mins ago Short squeeze alert: 2 cryptocurrencies with pump potential next week 1 hour ago Anonymous crypto wallets now illegal in the EU 3 hours ago Here’s how much a $1,000 investment in Silver in 1999 is now worth 3 hours ago Adam Levi, co-founder of Backed, emphasized the importance of compliance and reliability alongside the usual technological innovation in tokenization solutions, stating: “The problem with current tokenization solutions is they are all focused on tech, when in reality, compliance and trust are just as importa...

Exclusive: Lunar Strategy CEO says ‘institutional investors coming back’ to crypto

In an exclusive interview with Finbold, Tim Haldorsson , the CEO of crypto and Web3 marketing agency Lunar Strategy, shared his views on institutional interest in the digital asset space. He emphasized the motivations behind the renewed institutional interest in crypto , particularly through the application of various exchange-traded funds (ETFs). At the same time, while anticipating the upcoming Bitcoin halving, Haldorsson provided insights into what to expect in terms of price movement, basing his predictions on historical price movements. In this context, the executive also discussed how altcoins are likely to be affected. Additionally, he addressed the potential impact of current global issues, such as macroeconomic factors and geopolitical tensions, on Bitcoin. Additionally, during ongoing discussions about crypto regulations, Haldorsson noted how laws in various jurisdictions influence the sector. Intriguingly, he pointed out potential outcomes in regions where cryptocurren...

More institutions will soon embrace bitcoin, report says

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The crypto industry has witnessed a massive bear storm over the past 18 months as high inflation threats finances. Despite the red market conditions, a recent report by CryptoQuant suggests that Bitcoin’s (BTC) institutional adoption is on the rise. For instance, top fintech companies have accumulated significant BTC amounts over the past three years. According to the report, Microstrategy’s bitcoin purchases are worth almost $4 billion, while the BTC price is still down by 55% from its all-time high (ATH). While waiting for the @BlackRock and @Fidelity's #Bitcoin Spot ETF approvals, Check out our report, Institutional Adoption 2.0. Our head of research, @jjcmoreno, wrote about what could catalyze the next big bull run for $BTC 9 months ago. Linkhttps://t.co/y7VI83ToXr — CryptoQuant.com (@cryptoquant_com) June 28, 2023 Tesla, Block (formerly Square) and Galaxy Digital Holding have also been sticking to their bitcoin holdings despite the market’s high volatility. Y...