Asia is leading the way in global wealth shift, with a forecasted growth in financial assets in the coming years. HSBC predicts that by 2025, Asia excluding Japan will surpass the US in financial wealth. The number of Asian millionaires outside Japan and China is expected to more than double by 2030. In India, the […]
LGT Wealth Management has made a significant announcement, introducing 11 new partners to the firm. This development follows a year of successful growth for the company, which included the acquisition of abrdn Capital.The new partners are Alice Gerry, Andrew Archer, Daniel Fresnais, Esther Clark, Henry Wilson, Robert Hardy, Scott Prout, Caroline Tye, Laurence Gagen, Matthew […]
Ripple Labs has fortified its position as a key influencer in the digital finance world by sponsoring the Euro 2024 Digital Conference, thereby establishing strategic connections. The Digital Euro Association (DEA) has recognized Ripple Labs as the main sponsor for the #DEC24 event, placing the fintech company alongside Ernst & Young, one of the “Big […]
Speculation is rife within the crypto community following a false announcement regarding the approval of spot Bitcoin exchange-traded funds (ETF) from the United States Securities and Exchange Commission’s (SEC) X account. The incident has led to questions about whether this was an inside job, designed to delay or halt the anticipated product.Gabor Gurbacs, the director […]
The United States Securities and Exchange Commission (SEC) is on the verge of approving Bitcoin BTC exchange-traded funds (ETFs), a development eagerly awaited by both news media and traders. Eric Balchunas, a senior ETF analyst at Bloomberg, expressed his anticipation on X (formerly Twitter) on January 10, stating, “Happy ETF Approval Day,” and “As far […]
Ripple Labs has strengthened its position as a key influencer in the digital finance world by sponsoring the Digital Euro Conference 2024 (#DEC24). The Digital Euro Association (DEA) enthusiastically announced Ripple Labs as the main sponsor of the event, placing the fintech firm alongside Ernst & Young, one of the “Big 4” and a prominent […]
Several prominent financial institutions are preparing to launch an Ethereum Layer 2 chain using Polygon CDK. The chain, named Libre, is expected to provide expanded distribution capabilities for asset managers. In light of this development, Polygon Labs CEO Marc Boiron has declared the CDK as “the home for institutional assets.”The crypto industry has long held […]
The United States Securities & Exchange Commission (SEC) is set to reach a hard deadline for spot Bitcoin exchange-traded funds (ETFs) on Wednesday. In anticipation, the Chicago Board Options Exchange (CBOE) has announced that Bitcoin spot ETFs will commence trading as a new issue on Thursday, January 11.Meanwhile, Ethereum (ETH), a top performer among the […]
In a recent development, founders of nonfungible tokens (NFTs) have started offering company equity to their holders. Pons Asinorum, the founder of “The Plague” NFT collection, announced during the holiday season that their holders would receive a percentage of their company shares. Following this, Ovie Faruq, also known as OSF in the NFT space, made […]
In a groundbreaking development, Cboe Global Markets has declared its intention to list six spot bitcoin exchange-traded funds (ETFs) on its trading platforms. This move has stirred the cryptocurrency and investment sectors, marking a crucial stage in the progression of digital asset trading.The ETFs in question – Ark 21 (ARKB), Fidelity (FBTC), Franklin Templeton (EZBC), […]
