CoinShares reports drop in earnings amid crypto market slump
The digital asset manager said income from options trading strategies sank 55% in the first quarter, offset by a DeFi boom.
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institutional-investing
Jane Street makes DeFi play with planned $25 million USDC loan
The funds will be borrowed from BlockTower Capital through Clearpool, which launched in March.
Hunter Merghart joining Millennium to plot firm's crypto infrastructure strategy
Merghart, who was previously head of trading Coinbase and head of US business at Bitstamp, will continue to work for Castle Island Ventures.
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Labor Department has 'grave concerns' over Fidelity's 401(k) bitcoin plans
The US Labor Department has "grave concerns" about the decision to offer Bitcoin in its retirement savings portfolio.
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JPMorgan's crypto veteran Christine Moy joins investment firm Apollo
Apollo Global Management has hired Christine Moy, a former crypto executive at JPMorgan, as it looks to invest in the web3 industry.
ARK's Wood and Galaxy's Novogratz talk Twitter and Bitcoin ETFs in the Bahamas
The two addressed shifts that could lead to the approval of a spot bitcoin ETF and a more decentralized discourse space in Twitter.
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Multiple Ivy League universities, KKR back Dragonfly's new $650 million fund
Multiple Ivy League universities are backing Dragonfly's new $650 million fund.
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Incoming Komainu CEO to stay at London Metal Exchange following nickel squeeze
Matthew Chamberlain will remain as the LME's CEO after resigning in January to lead the crypto custodian.
Citi stalwart joins Franklin Templeton Institute to spearhead digital asset research
Kaul had been with Citi since 2009, where she produced primary research on the evolution of the hedge fund and alternatives investment industry.
France is taking a big swing at becoming Europe’s crypto hub. Can it succeed?
France’s blockchain startups are gathering steam but face an uncertain European regulatory environment and competition with the UK.
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Mastercard’s global head of crypto explains how the company is embracing NFTs and more
In this episode of The Scoop, Mastercard's Head of Crypto, Raj Dhamodharan, explains what the payment provider is doing to integrate crypto and NFTs into its product suite.
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Fireblocks teams up with FIS in capital markets crypto push
The deal will enable firms to access the largest crypto trading venues, liquidity providers, lending desks and DeFi applications.
Goldman Sachs to offer over-the-counter ETH options
There’s no launch date yet but the company’s head of crypto trading said the product would be rolled out “in due course.”
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ProShares files to create an inverse Bitcoin futures ETF
ProShares, which launched the first bitcoin futures ETF last fall, is seeking approval for a new product that will allow investors to bet against the price of bitcoin.
World’s largest interdealer broker expands custody with BitGo and Komainu partnership
TP ICAP facilitates trades between hedge funds, investment banks and large financial institutions.
Goldman Sachs survey shows 60% of surveyed clients expect to increase crypto holdings
A survey obtained by The Block from investment banking giant Goldman Sachs suggests that investors continue to be bullish about crypto.
BlackRock's Larry Fink says Ukraine war could spur digital currencies
According to the Chairman and CEO of BlackRock Larry Fink, the war in Ukraine could accelerate digital currencies.
Investment bank Cowen launches digital assets division
Cowen, an investment bank, announced the launch of a new digital assets division.
FTX takes center stage at long-running futures conference in Boca Raton
"It reminds me of the dot com bubble when internet guys took over conferences."
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Goldman Sachs makes first OTC crypto options trade as it expands digital assets team
The digital assets trading unit at Goldman Sachs has made the first-ever OTC crypto transaction in the form of a BTC non-deliverable option.
