BREAKING
- KfW issues its second blockchain-based digital bond under the eWpG (EUR 50 million, 3M, 3.46%). Börse Stuttgart acted as crypto custodian, DZ Bank as bookrunner, Union Investment and DekaBank as investors, and Cashlink took on the role of crypto securities registrar.
MORE
- A New York judge approves the settlement between the CFTC, FTX and Alameda, under which the crypto firms must make $12.7 billion in repayments.
- US asset manager Bitwise has acquired ETC Group to strengthen its presence in Europe and increase its assets under management to more than $4.5 billion.
- Tether, the issuer of the US stablecoin USDT, posted a net profit of $5.2 billion in the first half of 2024, with an operating profit of $1.3 billion in the second quarter.
- Trump plans to dismiss SEC Chairman Gary Gensler should he win the 2024 presidential election.
- DZ Bank, Deutsche Bank, Commerzbank, Unicredit and Helaba, along with Airplus, BASF, Evonik, Mercedes Benz and Siemens, published the results of their joint test of a "commercial bank money token": the participants agreed that CBMT (Commercial Bank Money Token) has considerable potential and that the number of participants should be expanded in the next step.
- The ECB publishes its first progress report on the preparation phase of the digital euro, covering data protection, offline functionality, holding limits, the rulebook and tender procedures, and support for the legislative process.
- After accepting crypto payments in the US and Canada since 2023, Ferrari is now extending the service to Europe.
- Bankhaus Bauer AG is partnering with 21 Oaks Capital to develop innovative blockchain investment solutions and offer its clients unique opportunities to digitally diversify their portfolios.
- Coinbase has enabled the first cryptocurrency transaction between two AI agents.
SPEAKERS’ CORNER
- August was marked by the typical summer lull. Many market participants were on summer vacation, and we likewise saw only limited activity from investors.
- We used the market weakness in early August, triggered in part by so-called yen carry trades, to further expand our portfolio of digital assets.
- In August we also announced our partnership with Bankhaus Bauer, which is highly important to us. We can already build your anticipation here, as we will shortly present an investment solution that will also allow retail investors to participate in the exciting theme of "AI & distributed ledger technology."
Translated from the German original, which is the authoritative version. Read the German version
