World Liberty Financial is tapping real-world asset specialist Securitize to help tokenize loan interests tied to the Trump International Hotel and Resort in the Maldives. Rather than direct equity in the properties, investors will be able to buy tokens tied to loan revenue, according to a Wednesday announcement timed for the privately held company’s Mar-A-Lago
It can be challenging to handle a diversified crypto portfolio. Investors should monitor a variety of assets, withdrawals, and respond to the ongoing market changes. Nevertheless, an alternative provided by CoinMarketCap at the moment is simplified. The platform targets to roll an entire market strategy into one token with its newly promoted CMC20 DTF. 🌐
Joachim Nagel, President of the German Central Bank (Bundesbank) and member of the European Central Bank (ECB) Governing Council, said that issuing a euro-pegged stablecoin could both reduce costs in cross-border payments and be an important tool against the risk of “dollarization” created by dollar-based stablecoins. Speaking at the German-American Chamber of Commerce, Nagel emphasized
Key takeaways Digital asset treasuries are companies holding crypto on their balance sheets, often trading at discounts. M NAV is a metric for valuing companies relative to their crypto holdings. The decline in crypto prices has significantly impacted M NAVs, raising questions about equilibrium. Discounts in NAVs of crypto companies present potential investment opportunities. Private
Dragonfly Capital closed its fourth fund at $650 million this week, the same size as its 2022 vehicle, raised into a venture market Fortune calls a “mass extinction event.” The headline reads like a vote of confidence: institutional capital returning, crypto winter thawing, alt season loading. But peel back one layer and the picture warps.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1909.21, down 0.9% (-18.15) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.3%) and BNB (-0.5%). Laggards: ICP (-3.5%) and SUI
A Deutsche Börse Group executive said tokenization is a natural evolution of market infrastructure, not a threat to traditional markets, and added that the exchange operator is positioning itself to integrate tokenized and traditional assets. Carlo Kölzer, head of digital assets at Deutsche Börse and CEO of the group’s trading platform 360T, expressed a bullish outlook on real-world
Figure Technology Solutions (FIGR), the blockchain company helmed by ex-SoFi CEO Mike Cagney, is debuting Thursday a new, tokenized class of its stock that trades entirely on blockchain rails cutting out traditional intermediaries, the firm told CoinDesk. The stock token, dubbed FGRD, will be available on Figure’s Onchain Public Equity Network (OPEN), where it is
Epstein’s 2010s emails show Gensler talks, $XRP/$XLM bets, CBDC and stablecoin funding links. Summary 2018 emails show Epstein sought crypto talks with Gensler and briefed Summers on early digital currency discussions. Records cite about $3m into Coinbase plus speculative exposure to $XRP, $XLM, Circle and early stablecoin structures tied to Brock Pierce. Reports mention funding