Asset

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Cryptocurrency seized by U.K. police during investigations will now be securely stored by digital asset manager Komainu. Under a new framework service agreement with the Derbyshire Constabulary on behalf of the National Police Chiefs Council (NPCC) Cybercrime Programme, Komainu will be responsible for providing a more “robust” means to store cryptocurrencies seized during investigations across …

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police Read More »

Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange. On Thursday, the company announced an “end-to-end tokenization solution,” comprising of both a primary market issuance platform called Desygnate, and SygnEx, a secondary market trading venue. The solution …

Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges Read More »

SEC issues no-action letter in response to digital asset securities questions

SEC issues no-action letter in response to digital asset securities questions

A September 25 letter from the Securities and Exchange Commission (SEC) has cleared the way for additional means of using alternative trading systems to facilitate the trade of digital asset securities. The no-action letter, drafted by the SEC’s Division of Markets and Trading and addressed to FINRA vice president of risk oversight and operational regulation …

SEC issues no-action letter in response to digital asset securities questions Read More »

Amazon Prime Membership Should Have Been a Tokenized Asset

Amazon Prime Membership Should Have Been a Tokenized Asset

Jeff Dorman, a CoinDesk columnist, is chief investment officer at Arca where he leads the investment committee and is responsible for portfolio sizing and risk management. He has more than 17 years of trading and asset management experience at firms including Merrill Lynch and Citadel Securities. Decentralized money is important, but tokenized ownership is perhaps …

Amazon Prime Membership Should Have Been a Tokenized Asset Read More »

Mapping out M&A acquisitions within the digital asset industry

Mapping out M&A acquisitions within the digital asset industry

Quick Take Since 2013, a total of 134 M&A transactions have been conducted within the blockchain sector, with a reported total value of approximately $2.7 billion Cryptocurrency exchanges have led the way for the most number of M&A deals The Block has provided a directory on the details of each deal, including the purchaser, date, …

Mapping out M&A acquisitions within the digital asset industry Read More »

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)

Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March’s global financial meltdown, according to analysts at one of the world’s largest investment banks. In a note to investor clients circulated June 11 and obtained by CoinDesk, JPMorgan Chase & Co. analysts described how bitcoin has shifted from a fairly …

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset) Read More »

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new trust, with a maximum …

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust Read More »