Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the firm told CoinDesk. The products, available to eligible non-U.S. users in more than 110 countries, track digital versions of major U.S. stocks, indices and a gold ETF, building on the tokenized equities offering of xStocks that
The U.S. Securities and Exchange Commission (SEC) has approved a special request from asset manager WisdomTree allowing shares of its Treasury Money Market Digital Fund to trade at $1 with a dealer on an intraday basis, regardless of the fund’s end-of-day net asset value. Until now, investors in the fund, which trades under the ticker
Meta, the U.S. tech giant helmed by Facebook creator Mark Zuckerberg, is aiming to enter the stablecoin space later this year, pending successful integration with a third-party firm to facilitate payments using the dollar-pegged token technology, according to three people familiar with the plans. The tech giant, which owns Facebook, WhatsApp and Instagram and has
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 1816.14, down 2.0% (-36.33) since 4 p.m. ET on Monday. One of the 20 assets is trading higher. Leaders: ICP (+1.2%) and NEAR (-0.3%). Laggards: BCH (-4.2%) and SUI
CHICAGO, March 2025 – Federal Reserve Bank of Chicago President Austan Goolsbee has placed a critical condition on potential 2025 interest rate reductions, stating further cuts require inflation moving decisively toward the central bank’s 2% target. This statement, delivered during a monitored financial briefing, provides crucial insight into the Federal Reserve’s evolving policy framework as
JPMorgan Chase said that it will remove the United Arab Emirates from its key emerging market bond indexes. The move affects major benchmarks. Including the EMBI Global Diversified index. The UAE currently holds about a 4.1% weight in that index. 🇦🇪UPDATE: JPMORGAN TO REMOVE UAE FROM EMERGING-MARKET BOND INDEXES JPMorgan will drop the United Arab
Coinbase CEO Brian Armstrong has renewed his support for Bitcoin, casting it as both a hedge against inflation and a gateway to financial access. Key Points Brian Armstrong says inflation disproportionately harms those holding cash, widening economic inequality. Wealthier individuals can shield themselves from inflation by investing in assets such as Bitcoin, stocks, and real
In a landmark decision on February 23, 2025, the U.S. Securities and Exchange Commission (SEC) greenlit a transformative development for digital assets and traditional finance. The agency authorized WisdomTree’s tokenized money market fund (MMF) to trade at a fixed $1 price throughout the trading day. This pivotal SEC approval bridges blockchain technology with established securities
Cybersecurity Ventures’ data shows that global spending on security products and services is projected to reach $522 billion in 2026. This figure represents a fundamental decoupling from the logic that drove the previous market cycle. In 2021 and 2022, exchange dominance was often measured by stadium naming rights and celebrity endorsements. By the close of