NEW: ValkyrieFunds will oversee NEMofficial’s $700 million token treasury in a novel tie-up between an asset manager and a crypto protocol. realDannyNelson reports
Valkyrie Investments will oversee NEM and Symbol protocol’s $700 million token treasury in a tie-up between modern-day asset managers and the digital realm., is an early instance of collaboration between two disparate corners of crypto. Valkyrie is a Wall Street-facing outfit known for its bitcoin futures exchange-traded fund; Symbol is one of the many blockchain protocols where pseudonymous users are building “the future of finance.
NEM and Symbol – two separate blockchain protocols that voted to merge – have had “a bit of a history” of treasury management troubles, Hatchet, a core contributor told CoinDesk. In the project’s Discord she’s repeatedly pressed for a partnership that would shore up that checkered reputation. “I think that we're the only ones working with a DAO and protocol treasury as an asset manager,” Valkyrie CEO Leah Wald told CoinDesk in an interview.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The Federal Reserve Has Fueled Wall Street at the Expense of the Rest of Us“The Fed’s policies over the last decades have stoked the world of Wall Street. It has pumped trillions of dollars into the banking system and thereby inflated these markets for stocks, for bonds. And that drives income inequality.”
Les mer »
Robo-Advisor Dream of Disrupting Wall Street Wealth Is Not Working Out Exactly as PlannedWealthfront and Personal Capital were acquired by financial services firms in billion-dollar deals. Not bad exits, but far from the loftiest fintech dreams.
Les mer »
Wall Street gains evaporate, S&P 500 ends lower on Fed tightening timelineThe S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.
Les mer »
Stocks rise on Wall Street after several days of whiplashStocks rose in late morning trading on Wall Street Thursday as markets settle down following several days of whiplash moves both up and down.
Les mer »
Vikings hire former Wall Street trader Kwesi Adofo-Mensah as GMMINNEAPOLIS — The Minnesota Vikings have hired Kwesi Adofo-Mensah as their general manager, taking an innovative turn with an Ivy League-educated data expert from Cleveland’s front office who once …
Les mer »
After a monster quarter, Apple's non-forecast is good enough for Wall StreetApple Inc. was expected to be the highlight among the Big Tech giants this quarter, with a big jump in net income, and many aspects of its results were more...
Les mer »