BREAKING
- A Bank of America study shows that digital assets are the second most popular asset class among young people (aged 21–43), with an allocation of 28%. Among older people (44+), by contrast, the allocation stands at just 4%, ranking last.
MORE
- Robinhood, Kraken and Paxos have launched the "Global Dollar Stablecoin Network" to promote the worldwide adoption of stablecoins.
- Crypto venture capital investments reached USD 780 million in October, led by deals involving Stripe and Blockstream.
- Deutsche Telekom subsidiary MMS is launching a pilot project together with Bankhaus Metzler to operate a Bitcoin mining infrastructure based on surplus energy.
- Renowned US investment house Franklin Templeton will be the first asset manager in Europe to launch a tokenized fund on a public blockchain.
- UBS is launching its first tokenized fund on the Ethereum blockchain.
- According to analytics firm CryptoQuant, institutional investors hold 20% of US spot Bitcoin ETFs (roughly USD 1.7 billion).
- Cashlink enables citizen participation in local green infrastructure projects in the form of digital securities.
SPEAKERS' CORNER
- This month, our new retail fund prompted numerous conversations with investors on the topic of Web 3.0.
- Interest in blockchain technology is enormous, and the question of what exactly is being invested in comes up frequently — explaining and defining the term "token" remains a central theme here.
- The practical use cases of distributed ledger technology show that considerable potential is attributed in particular to Clearstream's migration of its securities settlement process to blockchain technology. Many market participants expect substantial future cost savings for capital market players through the use of blockchain technology.
- According to various estimates, banks and financial institutions can save an average of around 16% of their costs, corresponding to annual savings potential of approximately USD 20 billion. The total market potential is estimated at up to USD 500 billion in the coming years.
Translated from the German original, which is the authoritative version. Read the German version
