Citi Completes Private Market Tokenization Test Using Avalanche

Citi Completes Private Market Tokenization Test Using AvalancheCiti, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable new […]

Go to Source

Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore

Wisdomtree Executive Says Crypto Is a New Asset Class That People Can't IgnoreAn executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something that people can’t ignore.” He added: “We are past the point where there is speculation around whether or not this is a trend that’s here […]

Go to Source

Powered by WPeMatico

Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet

The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2, […]

Go to Source

Powered by WPeMatico

SEC Delays 4 Bitcoin ETF Deadlines — Regulator ‘Finds It Appropriate to Designate a Longer Period of Time’

SEC Delays 4 Bitcoin ETF Deadlines — Regulator 'Finds It Appropriate to Designate a Longer Period of Time'On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time to decide on the ETF applications. Global X, Kryptoin, Valkyrie, Wisdomtree Bitcoin ETF Deadlines Extended The Kryptoin Bitcoin ETF, Global X Bitcoin Trust, Valkyrie XBTO […]

Go to Source

Powered by WPeMatico