BREAKING
- The SEC approves all eleven Bitcoin spot ETFs. Their cumulative trading volume of $2 billion per day exceeds that of all 500 ETFs launched in 2023 combined.
MORE
- DWP Bank applies for a crypto license with BaFin.
- Philipp Sandner, pioneer and icon of the German blockchain scene and professor at the Frankfurt School of Finance, has died unexpectedly.
- The ECB plans to spend €1.2 billion on the development of the digital euro.
- Nyala Digital Asset AG is the first company in Germany to issue tokenized shares to its shareholders via the Polygon blockchain.
- The Swiss National Bank and the BIS are launching a joint project, Promissa, with the World Bank to test the tokenization of financial instruments.
- Following Deutsche Telekom, Telefónica is now also joining the Helium network.
- Visa has presented a Web3 loyalty platform to enable companies to reward customers for purchases and interactions.
- Binance, the largest crypto exchange by trading volume, reaches an out-of-court settlement on a penalty payment of nearly $3 billion to the Commodity Futures Trading Commission (CFTC).
- Circle, the issuer of the stablecoins USDC and EURC, has received preliminary approval as a Digital Asset Service Provider (DASP) in France and is again applying for a US IPO.
- The Ethereum community has adopted the ERC-3643 standard for the tokenized representation of real-world assets.
- The ECB is examining blockchain technology for use in large financial transactions.
- BlackRock's Larry Fink is convinced that Bitcoin ETFs are only the first step in the technological revolution of the financial world.
- The crypto exchange Bitpanda becomes an advertising partner of FC Bayern Munich.
SPEAKERS' CORNER
- Interest in the approval of the US Bitcoin spot ETFs was very high — including among the traditional investors we spoke with.
- Our impression is that, following the SEC's approval, digital assets are now increasingly perceived as a serious asset class — we too are seeing higher demand for our Web3 special AIF.
- It must be emphasized, however, that at present these are primarily multi- and single-family offices — pension funds are also in dialogue with us, but will not yet become active on a large scale at this point.
Translated from the German original, which is the authoritative version. Read the German version
