The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public and permissioned blockchain.
Leading cryptocurrencies took a breather on Wednesday, while stocks closed at new records as investors weighed the report of a potential U.S.-Iran deal to end the war. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.
Institutional investors are increasingly treating crypto as a portfolio diversification tool rather than a speculative trade, according to a quarterly survey published by CoinShares Research on May 6. The survey, which cut across 26 fund managers overseeing a combined $1.3 trillion in assets under management (AUM).