Author: Crypto Insider

Asset manager WisdomTree launched its Private Credit and Alternative Income Digital Fund (CRDT), a tokenized private credit vehicle, amid an uptick in firms expanding into the tokenized private credit niche and other tokenized real-world assets (RWAs). The fund will include credit extended to private corporations, loans made to real estate investment trusts (REITs), which are funds…

The SEC lawsuit threatens XRP In December 2020, XRP  was under existential threat. But what almost killed it now appears to be its greatest strategic advantage. A US Securities and Exchange Commission bombshell on Dec. 22, 2020, caused XRP to crash 62%. It led to mass delistings and put the cryptocurrency in a legal grey…

Tether announced a new dollar-backed stablecoin and said former White House crypto adviser Bo Hines will become CEO of Tether USAT. The new stablecoin will be consistent with the reserve requirements and compliance standards of the recently passed GENIUS stablecoin bill, and will use Tether’s Hadron real-world asset tokenization platform, according to a Friday announcement. Stablecoins recently crossed…

BlackRock, the world’s largest asset manager, is reportedly exploring ways to tokenize exchange-traded funds (ETFs) on the blockchain, following the strong performance of its spot Bitcoin ETFs. Citing sources familiar with the discussions, Bloomberg reported Thursday that the company is considering tokenizing funds with exposure to real-world assets (RWA). Any such move, however, would need to navigate…

The treasury model: Why corporations and nations hold crypto In recent years, companies and countries have increasingly included cryptocurrencies in their treasury strategies. Traditionally, corporate treasuries relied on cash, gold or government bonds to maintain value, ensure liquidity and provide financial stability. Governments had gold reserves to back their currencies. However, cash loses purchasing power….

Switzerland-based 21Shares, one of Europe’s largest issuers of crypto exchange-traded products, has launched the first fund tied to dYdX, a decentralized exchange (DEX) specializing in perpetual futures. According to an announcement shared with Cointelegraph, dYdX has processed over $1.4 trillion in cumulative trading volume and lists over 230 perpetual markets. The dYdX Treasury subDAO supports…