Kraken co-CEO says tokenized equities won’t ‘open the floodgates’ for institutions overnight
Sethi noted that most current demand is coming from fintech firms and users in emerging markets rather than large U.S. financial institutions....
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Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg
Kraken owner Payward will acquire Hong Kong-based Reap Technologies as the crypto exchange expands its stablecoin and payments infrastructure business in Asia....
Bitcoin treasury firms outline $3 trillion opportunity in BTC-backed digital credit at Consensus
Bitcoin treasury firms outlined a $3 trillion long-term opportunity in BTC-backed digital credit at Consensus Miami. The market already reached $10 billion in under a year—the second-fastest capital markets product launch ever. Digital credit instruments, backed by bitcoin holdings, generate yield while reducing price exposure. One percent of the $300 trillion global credit market could drive massive adoption among treasury companies and institutional investors.