Bitmine bought $75 million ether as Tom Lee says institutions are still underweight crypto
The largest Ethereumcentric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto…
Why Wall Street giants build tokenization money for institutions, not regular consumers
JPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something neither has done.…
Deutsche Bank close to debuting crypto custody for institutions
The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC. Source:CoinDesk
S&P Global backs Kaiko as Series B reaches $110M
The investment brings together major financial institutions as Kaiko expands its data infrastructure for tokenized securities and onchain financial markets.…
SGX's bitcoin and ether perpetual futures are now open to U.S. institutions
The Singapore Exchange says U.S. institutions can now trade its bitcoin and ether perpetual futures, a milestone that bridges U.S. trading desks with Asian…
Standard Chartered brings spot crypto trading to Dubai FX platform
The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars…
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial…
Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access
The certification could expand access to Tether’s goldbacked token among Islamic financial institutions and investors seeking Shariahcompliant exposure to…
ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim
ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of…
Ethereum's newest nonprofit wants to become Wall Street's guide to crypto
In this week's edition of The Protocol Newsletter, we’re digging into Ethereum Institutional, a new nonprofit aimed at educating financial institutions and…
Ethereum Foundation lays out use cases for governments, institutions in new policy guide
The Ethereum Foundation said policymakers should distinguish between decentralized public blockchains and networks that remain controlled by corporations or…
Ethereum backers launch nonprofit to lead institutional adoption efforts
Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition…