Lots of Eggs Need Lots of Baskets

In May 2021, Nickel Digital Asset Management surveyed 50 wealth managers and 50 institutional investors across the U.S., U.K., France, Germany and the UAE to understand their concerns about investing in digital assets. The survey revealed that more than three-quarters of the respondents believed that “concerns about security of digital assets and custodial services [were] a ‘significant’ hurdle preventing many from investing in crypto assets for the first time.” Security of crypto assets and trust in the overall markets are a serious concern. Bad actors negatively affect the development and…

Building the Blockchain Business of the Future

The trillion-dollar tech giants of the future will likely come from the world of crypto. Blockchain and encrypted assets are revolutionizing industries worldwide. By operating in a new world with no borders, their applications are transforming many aspects of the old regime. Trading platforms play a vital role within the blockchain ecosystem, acting as essential infrastructure and market makers for the industry’s growing base of global traders. The competitive landscape of these trading platforms indicates they may very well become the global financial institutions of our future, on a par…

A Dictionary for Degens

GM. Ape. Liquidity. Those words might not mean what you think – if you’re talking to an NFT degen. It’s not easy making sense of the memeification of asset markets, the trend toward semi-coordinated groups investing in down-on-their-luck retailers like GameStop and so-ironic-it’s-not-ironic cryptocurrencies like dogecoin. This column originally appeared in The Node, CoinDesk’s daily newsletter bringing you the biggest crypto news and ideas. Sign up here. There’s the sometimes impenetrable slang, of course. But also the risk that a core group of insiders will buy in early and dump…

India’s Crypto Startups Come of Age, Despite Uncertainty

“The fundraising flow from investors to blockchain startups got escalated after bitcoin broke its previous all-time high of $20,000 in December 2020. It was the manifestation of the upcoming bull cycle in the market which global investors didn’t want to miss out,” said Siddhartha Jain, co-founder of DefiDollar, a meta stablecoin index. The surge in the prices of cryptocurrencies escalated the adoption pace in India. Meanwhile, the capital flow by foreign funds also increased which helped startups in building projects. Source link

Important Conversations to Have About Crypto With Clients — CoinDesk

In order to eliminate some of the technical barriers to adoption and investment, we now have institutional custody as an option, with providers such as Gemini, Anchorage and Kingdom Trust. We also have funds and trusts, such as the Grayscale Bitcoin Trust (GBTC) from Grayscale, and Bitwise Crypto Index Fund (BITW) from Bitwise. (Disclosure: Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.) These vehicles wrap the digital assets in an easily digestible investment product, which can be held and traded with traditional custodians. Source link

Big Institutions Are Eying Crypto. But Where Are the Inflows?

In a June 2020 survey by Fidelity Digital, more than one-third of institutional investors in Europe and the U.S. reported holding digital assets. But traditional financial behemoths don’t exactly seem to be stampeding into the cryptocurrency space – so what gives? Will institutions’ slow entry into digital assets mean that advisors will have to wait longer to access this asset class? Many of the largest institutional holders of cryptocurrency come from outside of the traditional financial world. Two corporations, MicroStrategy and Tesla, boast enormous crypto holdings. As of June 21,…