Finansiv and Nexo the latest prime brokerages piling into digital assets
The latest launches show that the market for institutional crypto trading is expanding – with some players predicting 1,000% growth over the coming year.
The latest launches show that the market for institutional crypto trading is expanding – with some players predicting 1,000% growth over the coming year.
A new survey finds that although institutional crypto trading is on the rise, the fragmented nature of available venues remains a challenge.
The new hire will hold the position of global head of regulatory affairs and integrity.
The two firms will work together to create a market structure for digital assets, with the deal coming on the back of President Biden’s recent strategy announcement on crypto regulation.
The prime crypto brokerage loaned $50 billion to institutional borrowers including hedge funds last quarter, while crypto derivatives trading on the platform also hit record levels.
As more major institutions continue to enter the digital asset space, Annabel Smith explores whether appetite from the traditional buy-side to engage with the crypto market is increasing.
BNY Mellon will offer its new digital assets custody and administration services later this year via new dedicated unit.
CME builds on its crypto derivatives offering with the launch of Ether futures as the digital asset space continues to mature.
Ed Tilly said Cboe will re-enter the crypto space more measured and cautious after pulling the plug on its Bitcoin futures in 2019.
Report on London’s blockchain ecosystem from Outlier Ventures labels the city the best destination in Europe for blockchain startups.