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State Street Says Institutions Plan to Buy more Crypto!

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Crypto news:

  • State Street finds institutional investors eye doubling their digital asset exposure within three years
  • Institutions no longer focus on market capitalization but instead follow a nuanced, stock market-like investing strategy in digital asset markets, according to Bitwise’s Hunter Horsley.
  • The U.K. has ended its ban on crypto exchange-traded notes, letting retail investors hold bitcoin and ether ETNs tax-free in pension and ISA accounts.
  • Crypto exchange Coinbase and payments giant Mastercard have each held advanced acquisition talks to buy BVNK, a London-based fintech that builds stablecoin payment infrastructure, according to six people familiar with the matter who spoke with Fortune.
  • Ripple to bring RLUSD stablecoin to Bahrain via new partnership
  • Solana treasury company Sharps Technology is partnering with Coinbase Global to boost its SOL accumulation strategy. 
  • Digital Currency Group subsidiary Yuma, focused on scaling the decentralized AI network Bittensor TAO launching an asset management division

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Timestamps

00:23 State Street crypto report

03:09 Wall Street crypto investing strategy

05:55 UK Unbans Crypto ETNS

08:30 Coinbase Mastercard stablecoin acquisition

10:45 Ripple RLUSD Bahrain

12:35 Solana treasury Coinbase

14:23 DCG Bittensor Tao


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Tony E

Editor and Author at ThinkingCrypto.com