Congratulations to our partner, @Memento_Bc, for tokenizing their third, and biggest, RWA Fund on their ZK Chain.Traditional Finance ➡️Incorruptible FinanceMemento (@Memento_Bc):Bigger Than Previous Funds COMBINED!The Third TradFi RWA Fund is now tokenized on Memento ZK Chain 🏛️On track to onboarding Billions in TradFi funds onchain.$DEXTF https://t.co/2pWl02kkbU ...

Future Holdings AG (FUTURE), a Zurich-based bitcoin (BTC) treasury company, said it raised 28 million Swiss francs ($35 million) in a funding round led by Fulgur Ventures, Nakamoto, and TOBAM. The firm aims to bridge traditional finance (TradFi) and bitcoin through a balance-sheet-driven institutional model. FUTURE is led by Chairman Richard Byworth of Syz Capital and CEO Sebastien Hess, a fintech and Bitcoin entrepreneur. Its leadership also includes prominent figures such as Marc Syz, Julian Liniger, a ...

Bitcoin (BTCUSD) exchange-traded funds (ETFs) have a new source of inflows, thanks to a regulatory change which allows investors in the cryptocurrency to convert their holdings into shares of Bitcoin ETFs. What’s next, world peace? Buy-and-Holders and Buy-and-Hodlers Break Digital Bread Some investors are devout believers in what they own, to the point where they will be happy to never think about selling. Maybe ever. Essentially, a generational asset. More News from Barchart With Bitcoin, that has yet ...

If you believe in tech, invest in AI.If you believe in tradfi, invest in Wall Street.If you believe humanity is doomed, invest in gold.If you believe we’ll rebuild from the ruins, invest in Bitcoin. ...

DeFi and Traditional Finance Convergence - The industry anticipates finance will integrate centralized and decentralized infrastructure, similar to the internet's evolution, where the distinction between internet and non-internet companies disappeared [4][5] - FinTechs and legacy firms are embracing crypto technology to gain a competitive advantage and better serve customers [6][7] - Exchanges are converging, with crypto-native exchanges listing public equities and traditional exchanges listing crypto products, aiming to become "everything exchanges" [8][9][10] - Coinbase and City partnered to ease crypto on- and off-ramping for institutional clients, highlighting the role of crypto and stablecoins in upgrading the global financial system [12][13] - Western Union is piloting stablecoin settlement rails to speed up cross-border payments and reduce reliance on Swift, viewing stablecoins as an opportunity [14][15] - The "DeFi mullet" concept suggests a familiar user interface with upgraded backend infrastructure, making stablecoins accessible without requiring technical knowledge [19][20] Economic Outlook and Market Trends - The median American family's net worth is at an all-time high of $192,000, while the average American family's net worth is over $1 million [32] - The report suggests that the current administration's economic policies are showing signs of improvement, with inflation, gas prices, and rent easing [25][26][27][28] Bitcoin and Gold Investment Strategies - Bitcoin is expected to outperform gold, with investors rotating from gold to Bitcoin for higher returns after initial uncertainty [40][41] - The speaker believes Bitcoin will eventually have a larger market cap than gold, driven by the principles of sound digital money [45]

Core Insights - Ripple's recent high-profile acquisitions indicate a strategic move to strengthen its position in traditional finance and enhance its financial infrastructure [1][2] - Despite these acquisitions, concerns remain regarding the utility and relevance of XRP, as the new services primarily cater to institutional clients using conventional financial instruments [3] - Ripple's financial model heavily relies on XRP sales, which conflicts with its vision of XRP as a functional bridge currency [4][5] Group 1: Acquisitions and Market Position - Ripple's acquisitions, including Hidden Road and GTreasury, highlight its aggressive expansion into traditional finance [2] - The focus on institutional clients raises questions about XRP's role in these new services, as they do not integrate XRP into their core operations [3] Group 2: Financial Dependence and Token Utility - Ripple's ongoing reliance on XRP sales for liquidity and operational funding is a significant aspect of its financial reality [4] - The narrative of XRP as a bridge currency is challenged by the fact that a large portion of the newly introduced RLUSD stablecoin operates on Ethereum, limiting XRP's utility [5][6] - As of early October, RLUSD's market cap reached nearly $789 million, but 88% of its supply is on Ethereum, which diminishes the expected demand for XRP [6]

RT CUBE (@cubexch)We're excited to announce that Cube Group has entered into a definitive business combination agreement with Mercer Park Opportunities Corp. (TSX: SPAC.U). This transaction values Cube at $300 million and positions the combined entity to lead in bridging traditional finance and decentralized finance, supported by a planned $500 million treasury acquisition of Solana (SOL) tokens for enhanced liquidity and yield generation.Read the full press release here: https://t.co/P5vlkygkG8 ...

Group 1 - Major asset managers like BlackRock are attracting Bitcoin whales to Wall Street by offering a way to integrate into the traditional financial system without selling their assets [1][3] - BlackRock launched spot Bitcoin exchange-traded funds (ETFs) in January 2024, with its iShares Bitcoin Trust (IBIT) holding approximately $89 billion in net assets as of October 20 [2][6] - The SEC's regulatory update on July 29 allows in-kind creations and redemptions for crypto asset exchange-traded products, facilitating the conversion of Bitcoin holdings into ETF shares [5][6] Group 2 - BlackRock has converted over $3 billion worth of Bitcoin into ETF shares, providing convenience for clients to manage their exposure through existing financial advisers [6][7] - Bitcoin, while still considered a risky asset, can be used as collateral and passed on to heirs once integrated into the traditional financial system through ETF shares [7] - Other firms like Bitwise Asset Management and Galaxy are also participating in this trend, highlighting the benefits of traditional financial systems [8] Group 3 - The irony noted by industry leaders is that Bitcoin was originally created to escape traditional finance, yet its largest holders are now seeking to reintegrate into it [9] - Bitcoin's trading price was reported at $108,403.74, reflecting a 2.32% decrease in a day [9]

Core Insights - Digital Asset Treasuries (DATs) are emerging as significant bridges between traditional finance and the crypto economy, reshaping crypto exposure through institutional-grade vehicles [1] - DATs are broadening access to crypto by simplifying the trading process and removing perceived complexities [2] - The growing acceptance of DATs indicates a transformation in global markets, blurring the lines between digital and traditional assets [6] Group 1: Accessibility and Investment Opportunities - DATs provide a familiar format for wealth managers, endowments, and high net worth individuals who are restricted from direct crypto holdings, allowing them to invest in assets like Solana or Ethereum through managed funds [3] - The recent merger of Monarq Asset Management with Mountain Lake Acquisition Corp. for $675 million, including approximately $460 million in treasury assets, highlights the increasing institutional interest in DATs [2] - The comparison of a $5 trillion loss in equity markets to the total value of all crypto assets underscores the potential for growth in digital assets as they gain mainstream acceptance [4] Group 2: Institutional Confidence and Regulatory Compliance - DATs enable custodial clarity, audited holdings, and regulated structures, which build confidence among conservative investors and compliance-driven institutions [5] - These products allow capital allocators to view crypto exposure as part of a balanced portfolio rather than a speculative investment [5] - The acceptance of DATs by banks, brokers, and asset managers signifies a broader transformation in how traditional finance perceives blockchain infrastructure [6]

The @federalreserve's Payments Innovation Conference is hosting @SergeyNazarov and key financial leaders from @BNYglobal, @FireblocksHQ, and @Lead_Bank to discuss how traditional finance and digital assets are converging.Full agenda: https://t.co/MbCuU4H6Q7 ...