Firms such as T. Rowe Price Associates, WisdomTree, Wellington Management and Cumberland are set to reap the benefits of on-chain trading and settlement of currency and interest rate swaps through the Spruce testnet.
Lawyers representing FTX are expected to submit in July a plan to the bankruptcy court for the reorganization of the exchange, with the potential to resume operations.
Sei Network, a Tier 1 blockchain project focused on exchange trading, has raised $30 million at an $800 million valuation.
At the end of 2020, the Bank of France announced its intention to introduce licensing for Bitcoin exchanges and now has turned its focus to the decentralized finance market.
Over the past month, transactional activity on the Cardano network has been increasing.
Vishal Gupta, a former vice president of Goldman Sachs and head of USD Coin for stablecoin issuer Circle, is reportedly leaving his role as head of exchange at Coinbase after over two years.
Tyler and Cameron Winklevoss, co-founders of the United States-based cryptocurrency exchange Gemini, reportedly dipped into their own pockets to loan the business $100 million amid the crypto market downturn.
