The CFTC oversees futures markets of commodities, bonds and foreign-exchange products, while the Securities and Exchange Commission oversees securities markets, including those for stocks and bonds. I...
Tag: TradFi
South African crypto landscape primed for TradFi growth after FSCA ruling
South African financial service providers have been primed to offer cryptocurrency products and services to customers after regulatory amendments in the country. This comes after South Africa’s Financ...
What TradFi Needs to Make the Multichain Future a Reality
Pyth has largely grown its new clients organically through word-of-mouth The oracle data and price-discovery provider says it has yet to see much of an impact from the market downturn Cryptocurrency’s...
TradFi Firms Scoop up Crypto Talent to Boost Blockchain Business
Keen on developing their blockchain capabilities, traditional finance (TradFi) companies have been increasingly hiring crypto-savvy staff laid off by the market downturn. Prior to the market meltdown,...
Maker steps into TradFi with $500m chest- Details inside
MakerDAO, the governing body of the Maker protocol, recently revealed that a community-wide vote that had been going on for months had concluded. The goal of the vote was to determine how best to allo...
$500 Million from MakerDAO into TradFi
–MakerDAO to be involved in Traditional Finance. -The investment plan aims for the short term in the crypto journey. -DAI stablecoins to be used as treasuries and bonds. MakerDAO aim...
MakerDAO DeFi Platform Dips Into TradFi With $500M Investment in Bonds and Treasuries
Decentralized finance pioneer MakerDAO will be converting as much as $500 million worth of its DAI stablecoin to use for investing in treasuries and bonds. The move was executed by Maker Governance on...
Gemini Wants TradFi RIAs to Buy Crypto via Envestnet Partnership
Gemini acquired digital asset portfolio management platform BITRIA in January in effort to improve crypto access to asset managers Franklin Templeton, Ark Invest and Valkyrie Investments have targeted...
‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say
The lobby groups, which also include the Futures Industry Association, the International Swaps and Derivatives Association, the International Securities Lending Association, the Bank Policy Institute,...
KyberSwap CEO Predicts DeFi Will Overtake TradFi in 10 years
At Token2049 today, with over 7,000 industry professionals, institutional investors, and regulators attending, KyberSwap CEO Victor Tran predicted onstage that Decentralized Finance (DeFi) would overt...
Prasanna Loganathar of Cake DeFi: Biggest Misconception About Crypto Is It’s Less Safe Than TradFi
Prasanna Loganathar of Cake DeFi: Biggest Misconception About Crypto Is It’s Less Safe Than TradFi Prasanna Loganathar is the head of engineering at Cake DeFi, which is built atop DeFi Chain, a ...
SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play
SWIFT’s Strategy Director Jonathan Ehrenfeld Solé said that one of the reasons working with Chainlink on CCIP has been successful is that there is “undeniable interest” in crypto from institutional in...
Abra CEO Predicts Crypto Rally After End of Strong Dollar, Says Digital Asset Banks To Take Over TradFi
The CEO of crypto wealth management platform Abra thinks the largest bank in the world in 20 years will be a “crypto bank.” Bill Barhydt says in a new conversation with Anthony Scaramucci at Salt New ...
Latest in Crypto Hiring: Crypto Firm Taps TradFi Vets For Asset Management Business
Law firm Brown Rudnick adds four partners for its digital commerce practice Crypto exchange Rain Financial and social media company Snap reveal layoffs Crypto-focused financial services firm EQONEX ap...
Crypto volatility may soon recede despite high correlation with TradFi
After forging a minor recovery of sorts earlier this month, the crypto market has returned to exhibiting high levels of volatility over the past two weeks. This trend has pervaded the market since lat...
TradFi Clearing House Turns to Blockchain to Settle Transactions
DTCC launches distributed ledger technology platform for settlements Tokenization is on the rise, the Bank of International Settlements said in 2020 Clearing and settlement house Depository Trust and ...
When Will DeFi and TradFi Intersect?
– Advertisement – DeFi or Decentralized Finance has been at odds with TradFi for years now. The differences between these two sectors were once considered irreconcilable, however, although...
TD Bank Buys Cowen in TradFi Push With Crypto Twist
Trajectory of Cowen Digital likely will not change and could be enhanced by TD’s distribution network, according to Piper Sandler’s Sumeet Mody Final decisions on how to use Cowen’s digital asset capa...
Avalanche’s John Wu: TradFi Interest in Crypto ‘Has Absolutely Not Waned’
It may be crypto winter, but traditional financial institutions are sticking around and continuing to influence the space, says Ava Labs President John Wu. Ava Labs operates Avalanche, a smart contrac...
TradFi Lender EquitiesFirst Owes Celsius Nearly Half a Billion Dollars: Report
Traditional financial services company EquitiesFirst owes bankrupt crypto lending firm Celsius $439 million, the Financial Times reported Friday. Two unnamed sources told FT that the Indianapolis-bas...
SEC Chair Gary Gensler Says TradFi Could Be Undermined By Lummis-Gillibrand Crypto Bill
On June 14, Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), showed his concerns saying that the new crypto legislation could undermine current broader market regulations. The ...
SEC Chair Gary Gensler Claims Lummis-Gillibrand Crypto Bill Undermines TradFi
Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concerns on June 14 that the new crypto legislation could undermine existing broader market regulations. The reaction was expec...
Privacy-Preserving ID Is Key to Crypto-Natives Accessing Value in TradFi
HodlX Guest Post Submit Your Post The motivations for cryptocurrency adoption are as numerous and diverse as the people embracing digital currencies and blockchain technologies. Some are interested...
Why KYC/AML May Be the Key to Connecting DeFi and TradFi
Financial systems have been used for illegal purposes since they became widespread, including financing terrorist organizations and laundering money. Because of that, many financial regulators around ...
FTX Enters TradFi, Launches Stock-trading Service For Fiat-backed Stablecoins
FTX, a crypto exchange led and co-founded by American billionaire Sam Bankman-Fried, has announced that its U.S. arm will be launching stock-trading services facilitated by fiat-backed stablecoins. Ac...
Hashstack Shifting the TradFi & DeFi Paradigms with Under-Collateralized Loans – crypto.news
HashStack is aiming to bring a paradigm shift to the traditional finance (TradFi) and decentralized finance (DeFi) ecosystems by making under-collateralized loans accessible to both the unbanked and u...
How Wrapped Bitcoin And TradFi Products Muddy On-Chain Analysis
On-chain analysis is an important part of the bitcoin ecosystem. It helps to show activity on the network and can give a good indication of how investors are feeling about the digital asset. In the ea...
XBTO bypassing hurdles of TradFi offering bitcoin-backed mortgage
Crypto lending space would expand through such steps taking one step ahead of its current state and competing with traditional finance It’s been heard that a cryptocurrency asset management serv...
Does MakerDAO’s announcement hint at wedding bells for TradFi, DeFi
The word “DAO” got off on the wrong foot with the crypto community, but eventually shed its hacker image and became recognizable as a future-facing trend. Now, an announcement from MakerDAO has the po...
3 things the crypto sector must offer to truly mainstream with TradFi
In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto ind...