BREAKING
- The Bitcoin spot ETF $IBIT reaches daily trading volume of more than $3 billion. That puts it 4th among all ETFs (top 0.1%) and within the top 10 of all equities.
MORE
- UBS issues a tokenized warrant on the Ethereum blockchain.
- Deka Investment issues tokenized fund units on the SWIAT blockchain.
- Swiss broker Crypto Finance AG, part of the Deutsche Börse Group, receives four BaFin licenses, strengthening its regulated role in the European value chain for digital assets.
- DZ Bank launches a pilot phase for retail trading in cryptocurrencies.
- Bitcoin reaches a high of more than $63 thousand in February — a level recorded on only 11 days in total, most recently in November 2021.
- US-listed crypto exchange Coinbase generated revenue of just under $1 billion in the fourth quarter (+50% YoY).
- Tether, the issuer of the largest US stablecoin (USDT), posts a profit of $2.85 billion in Q4 2023.
- Spanish fintech Monei has begun testing a euro stablecoin (EURM) under the supervision of the Spanish central bank.
- Citi successfully completes a proof of concept for the tokenization of private funds.
- Celsius, the crypto platform that filed for insolvency in the summer of 2022, is repaying more than $3 billion to its creditors.
- Telekom subsidiary MMS supports Bosch and Fetch.ai as a validator of their decentralized blockchain in developing and securing the AI-based system.
- The United Arab Emirates has executed the first cross-border payment using a Central Bank Digital Currency (CBDC) to China, worth $13.6 million.
SPEAKERS’ CORNER
- In conversations with traditional investors, we often hear that they are convinced by blockchain technology but do not want to invest in cryptocurrencies.
- We are frequently asked which blockchain companies we would invest in. This is precisely where it becomes clear how early a stage we are at.
- In the decentralized world of distributed ledger technology, business models work in a completely different way.
- Business models as they currently exist in what is known as Web 2.0 will change fundamentally. Intermediaries that today establish trust between two parties will no longer be necessary in that form.
- The native tokens of the individual blockchain protocols are indispensable for collateralizing a decentralized transaction. A blockchain without an underlying cryptocurrency cannot exist.
- We analyze such protocols and then invest directly in the respective tokens.
Translated from the German original, which is the authoritative version. Read the German version
