Category: Institutional

DeFi for Institutions | Full Event

DeFi for Institutions | Full Event

Keynote: The DeFi Opportunity Featuring: Jim Bianco – President, Bianco Research   The Future of Stablecoins Featuring:  Rune Christensen – Founder, MakerDAO Matthew Cantieri – General Manager, Terraform Labs Robert Bench – Applied Fintech Research,  Federal Reserve Bank of Boston Matt Werner – Associate Director, Product Management, Wallet, Gemini   The DeFi Stack Today & […]

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Robo advisor Wealthfront adds support for Grayscale’s bitcoin and ether funds

Robo advisor Wealthfront adds support for Grayscale’s bitcoin and ether funds

Wealthfront has begun integrating crypto-related offerings into its robo-advisory offerings, starting with a pair of Grayscale funds. The company, which signaled its move this spring as previously reported by The Block, is making the Grayscale Bitcoin Trust and Grayscale Ethereum Trust available alongside a raft of new options for users. “GBTC and ETHE round out […]

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NYDIG is unleashing bitcoin financial products onto thousands of regional banks

NYDIG is unleashing bitcoin financial products onto thousands of regional banks

  Access to bitcoin was once a case where “no one wants to be first, but everyone wants to be second”. Now, New York Digital Investment Group, or NYDIG, won’t stop until it’s able to put bitcoin within reach of every American. Patrick Sells, Head of Bank Solutions at NYDIG, explained during the most recent […]

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Figure boss Cagney sees digital assets exchanges as the ‘centerpiece’ of Apollo partnership

Figure boss Cagney sees digital assets exchanges as the ‘centerpiece’ of Apollo partnership

Quick Take Figure and Apollo, the asset management giant, are exploring ways to use the Provenance blockchain to create exchanges and other financial services.  Provenance, which is targeting full decentralization, is trying to lure heavily regulated institutions away from Ethereum and other blockchains. This feature story is available to subscribers of The Block Daily. You […]

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Crypto infrastructure firm Fireblocks scores $2 billion valuation with $310 million Series D

Crypto infrastructure firm Fireblocks scores $2 billion valuation with $310 million Series D

Fireblocks, which provides custody and other digital assets-related services for the institutional crowd, has raised $310 million in a Series D funding round. The latest funding round — Fireblocks has raised two earlier rounds since mid-November — mints Fireblocks as the latest crypto unicorn with a valuation of $2 billion, according to Tuesday’s announcement. To […]

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Goldman Sachs files with SEC to create a ‘DeFi and Blockchain Equity ETF’

Goldman Sachs files with SEC to create a ‘DeFi and Blockchain Equity ETF’

Wall Street megabank is planning to create an exchange-traded fund tied to the performance of companies that are working on blockchain technology and the digitization of finance, according to a Monday filing with the Securities and Exchange Commission.  Per the filing, the fund “seeks to provide investment results that closely correspond, before fees and expenses, […]

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Aave to launch institutional DeFi platform Aave Arc within weeks

Aave to launch institutional DeFi platform Aave Arc within weeks

DeFi lending platform Aave has rebranded its upcoming institutional DeFi platform from Aave Pro to Aave Arc, according to CEO Stani Kulechov. The decision was made to represent its purpose as a gateway to bring institutions into the decentralized finance industry. And while the platform is likely to miss its initial estimated launch of July, […]

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B2C2 hires former Citadel exec as president of US arm

B2C2 hires former Citadel exec as president of US arm

B2C2, the London-based crypto market-making firm, has hired a former Citadel Securities fixed-income executive as the president of its U.S. arm. Nicola White previously served as Citadel’s global chief operating officer of fixed income, according to her LinkedIn profile. Before moving to Citadel, she worked at Morgan Stanley in various roles for nearly 13 years.  […]

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‘They’re readying themselves’: State Street exec explains why clients are warming up to bitcoin 

‘They’re readying themselves’: State Street exec explains why clients are warming up to bitcoin 

  State Street made headlines last month, announcing a brand new division covering crypto, digital assets, and tokenization. State Street VP and Head of Global Markets, Nadine Chakar, is leading that charge. Despite the recent price slump in crypto-assets, interest has not abated, she noted in an interview for the latest episode of The Scoop: […]

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Silvergate’s growth continues thanks to SEN, but it’s looking to Diem for future expansion

Silvergate’s growth continues thanks to SEN, but it’s looking to Diem for future expansion

Silvergate posted another round of strong quarterly results on Tuesday morning — and the market took notice. Silvergate stock jumped 15% since today’s opening, currently sustaining around $97.60. The firm nearly doubled pretax income compared to last quarter, according to CEO Alan Lane.  “Our success continues to be driven by strong demand for our digital […]

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