Securitize Opens IRAs to Digital Securities Investors With Partnership – CoinDesk

Digital asset issuer Securitize has facilitated what it says is the first direct IRA investment in security token offerings (STOs). A customer of alternative investments gateway AltoIRA purchased an initial investment in security tokens representing CityBlock Capital’s $20 million venture fund, with tokens issued by Securitize. The arrangement is set to open new opportunities for […]

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WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto – CoinDesk

WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.  New York-based WisdomTree, which oversees about $63 billion, views cryptocurrencies and digital assets as a natural extension […]

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Libra Association Exec: World Needs Us Because Bitcoin Is ‘Not a Means of Payment’ – CoinDesk

LAS VEGAS — “Bitcoin as an asset class has proven that mathematical scarcity can support an incredibly exciting asset,” Dante Disparte, vice chairman of the Libra Association, said Tuesday. “It’s not a means of payment. It just isn’t.” Disparte spoke at the Digital Money Forum at the Consumer Electronics Show (CES) in Las Vegas, making his […]

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France’s New ‘Napoleon Bitcoin Fund’ Is Tied to CME’s Cash-Settled Futures – CoinDesk

French asset management firm Napoleon AM has launched a new fund tied to Chicago Mercantile Exchange’s (CME) cash-settled bitcoin futures. The “Napoleon Bitcoin Fund” began trading on Dec. 6 with a minimum €100,000 ($110,000) buy-in for professional investors, who must reside in France, according to the prospectus. It can not be traded cross-border.  It is […]

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