Crypto exchange Binance and asset manager Franklin Templeton are working together to launch as-yet-unrevealed digital asset products. https://t.co/dRKEH3LYv2 ...

SEC chief Atkins picks pro-crypto veteran director to lead corporate finance division Securities and Exchange Commission Chairman Paul Atkins appointed James Moloney on Wednesday to head the agency’s Division of Corporation Finance, placing a pro-crypto veteran at the helm of the influential unit that reviews IPO filings and corporate disclosures. Moloney, a partner at Gibson, Dunn & Crutcher, previously worked at the SEC from 1994 to 2000, where he specialized in mergers, acquisitions, and financial rep ...

Market Trends & Investment - Bitcoin climbed following an encouraging inflation reading, and the S&P 500 jumped to a new record after a reading on wholesale prices unexpectedly dropped [1][2] - Institutional interest has been shifting towards Salana, with Soul Strategies uplisting its shares to the NASDAQ [3] - Forward Industries announced a more than $15 billion private investment led by Galaxy Digital, Jump Crypto, and Multicoin Capital [3] - NASDAQ plans to invest $50 million in Gemini, allowing the stock exchange to offer Gemini's custodial services to financial institutions [4] - Gemini aims to sell more than 165 million shares priced between $24 and $26 each in its IPO [5] - Binance is teaming up with Franklin Templeton to develop digital asset products [6] Regulatory Landscape - The SEC crypto task force has been holding meetings with industry participants since early this year, showing a shift towards an open-door policy [10] - The Clarity Act passed by the House was a great first start and a strong signal that Congress can move quickly in this space [8][12] - The Senate is using the Clarity Act as a baseline for its version of a market structure bill, with hopes of having a bill on the president's desk by Christmas [14] - A group of Senate Democrats came out with a set of market structure principles, signaling bipartisan willingness to participate in the process [16] - The Genius Act passage showed that regulation can stimulate innovation, leading to a flood of partnership and new project announcements in the stable coin space [18][20] Future Considerations - Tax policy is the next big area that requires discussion, including topics like minimum dimminimous thresholds for transacting and the treatment of staking rewards [23][24] - The industry is excited to see where the discourse goes as it relates to DeFi, especially if DeFi is not comprehensively covered in market structure [25][26]

Market Trends & Predictions - Altcoin season is approaching, with potential for significant gains in the next one to two quarters [7][8] - The crypto market cycle is evolving differently this time [8] - Bitcoin's price is projected to reach $200,000 in the future [14] - Bitcoin could potentially supplant gold over time, with a possible valuation exceeding $1 million [23] - Bitcoin is expected to build upon $120,000 before the end of the year, potentially reaching $200,000 to $250,000 [23][24] Regulatory Landscape & Institutional Adoption - SEC is promoting crypto in the US, with initiatives to allow companies to create super apps for digital asset trading, lending, staking, and custody [4][5] - The SEC's previous approach to the crypto industry was ineffective and injurious, driving jobs, innovation, and capital overseas [6] - Binance is partnering with Franklin Templeton to develop digital asset initiatives [9] - Dogecoin, Hideera and Litecoin ETFs are anticipated soon [10] - Market structure bill (Clarity Act) is expected to pass in October or November [11] - BlackRock is recommending Bitcoin, Ethereum, and crypto, including Bitcoin in its ideal 2025 portfolio [13] Portfolio Allocation & Investment Strategies - Hard assets like gold and Bitcoin should be considered for portfolio balance against potential currency depreciation [1][18] - A 5% allocation to Bitcoin seems high to some, with a preference for gold as a currency hedge [15][19][20] - Staying long on equities oriented towards growth in technology is recommended [17] - Fixed income offers attractive returns, with opportunities to clip 6% [17] On-Chain Metrics & Exchange Dynamics - Bitcoin addresses with a history of buying and never selling are at record levels [2] - Ethereum reserves on exchanges have plunged to 172 million ETH, a 30% decrease from 25 million ETH in 2023 [3]

Core Insights - Franklin Templeton and Binance announced a partnership to develop new digital asset products, aiming to enhance regulatory standing and market offerings [1][3] - The collaboration combines Franklin Templeton's asset management expertise with Binance's trading infrastructure, which handled an average daily volume of $36.6 billion in Q1 2025 [3] - The partnership is expected to accelerate the adoption of tokenized securities, particularly in fixed income and alternative investments [6] Company Overview - Franklin Templeton manages $1.6 trillion in assets and has been active in the blockchain space, previously launching tokenized money market funds [3][4] - Binance is the world's largest crypto exchange with over 275 million users and is focused on connecting crypto with capital markets as part of its compliance strategy [1][5] Strategic Implications - The partnership positions Franklin Templeton to compete with major players like BlackRock and Fidelity in the digital asset space [6] - Executives from both firms emphasized the need for reliable solutions for investors curious about digital assets [5] - Specific product details from the collaboration are yet to be disclosed, indicating ongoing developments in the partnership [6][7]

Core Insights - Binance has formed a strategic partnership with Franklin Templeton to develop new digital asset initiatives and investment solutions for a wide range of investors [1] - The collaboration aims to integrate Franklin Templeton's expertise in compliant tokenization of securities with Binance's global trading infrastructure [2] Leveraging Tokenization and Market Infrastructure - The partnership seeks to enhance transparency, efficiency, and accessibility in global capital markets by combining Franklin Templeton's tokenization experience with Binance's market infrastructure [3] - The companies plan to co-create products that offer competitive yields and improve settlement processes [3] Bridging Traditional and Decentralized Finance - The executives from both firms emphasized the potential of tokenization to connect traditional finance with decentralized finance [5] - Franklin Templeton has made significant investments in blockchain solutions, including its Benji Technology Platform for tokenized securities [5] Industry Implications - The partnership is timely, as institutional adoption of digital assets is increasing, driven by interest in tokenized funds and blockchain-enabled investment vehicles [8] - Both companies view the collaboration as a response to rising client demand for secure, regulated, and scalable digital asset products [8]

SAINT PETERSBURG, Fla., Sept. 10, 2025 (GLOBE NEWSWIRE) -- CYBER HORNET ETFs, a pioneering investment firm focused on bridging traditional finance and digital assets, today announced that veteran sales and distribution executive Brian J. Haskin has joined the firm as Managing Director, Head of Institutional Sales. In this role, Haskin will be responsible for leading the firm's sales efforts with institutional investors, registered investment advisors, and broker-dealer platforms. "We're thrilled to have Bri ...

RT BSCN (@BSCNews)RIPPLE PARTNERS WITH BBVA TO BRING BITCOIN AND ETHER CUSTODY TO SPAIN- Ripple has struck a new deal with Spain’s BBVA, deepening their European collaboration. The bank will use Ripple Custody to manage bitcoin and ether holdings for retail customers in Spain.- The partnership builds on BBVA’s launch of crypto trading and custody services earlier this year.- With Ripple’s institutional-grade custody technology, BBVA can deliver secure and compliant services directly to clients.- Francisco M ...

Core Insights - Siebert Financial Corp. has launched Digital Assets Research within its Capital Markets division, appointing Brian P. Vieten as Research Analyst to provide institutional-grade research on cryptocurrency and blockchain-related sectors [1][2]. Group 1: Company Developments - The new Digital Assets Research group aims to publish research on cryptocurrency, blockchain infrastructure, Web3 applications, and public companies with significant exposure to digital assets, enhancing Siebert's research capabilities [1][4]. - Brian P. Vieten, with nearly a decade of equity research experience and eight years in the crypto space, previously worked at Needham & Company focusing on Crypto Assets and Blockchain [2][4]. - The initiative is part of Siebert's broader strategy to expand its institutional services and support clients in navigating the evolving digital asset landscape [4][6]. Group 2: Market Trends - There is a growing client demand for rigorous digital asset research, indicating a shift in market focus towards cryptocurrency and blockchain technologies [2][3]. - The integration of tokenization and decentralized finance (DeFi) is blurring the lines between traditional finance (TradFi) and the digital ecosystem, highlighting the need for informed research [3][4]. - Digital assets are increasingly recognized as a significant factor reshaping market structures and investor behaviors, moving beyond being a niche topic [4].

Core Insights - Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is preparing to go public in New York with Nasdaq as a strategic investor [1][2] - The share sale could raise up to $317 million, with Nasdaq expected to invest about $50 million in a private placement [2] - Gemini plans to trade under the ticker symbol "GEMI" and will establish a partnership with Nasdaq for institutional clients [2][4] Company Overview - Gemini currently holds approximately $21 billion in client assets and has processed over $285 billion in trading volume [5] - The company offers a range of services including retail and institutional services, an over-the-counter desk, a credit card, and trading in major cryptocurrencies [5] - Financially, Gemini reported a net loss of $282.5 million on $68.6 million in revenue for the first half of 2025, which is a significant increase from a $41.4 million loss a year earlier [5] Market Context - The public offering comes at a time when U.S. equity markets are experiencing renewed demand for new deals, particularly in tech and crypto-related sectors [4] - A successful debut would position Gemini as the third publicly traded cryptocurrency exchange, following Coinbase and Bullish [4] Historical Context - The Winklevoss twins gained prominence through their legal battle with Facebook and have been significant investors in Bitcoin since the early 2010s [6] - Their efforts to take Gemini public reflect the increasing integration of digital assets into traditional financial markets [6]