Global asset manager Schroders brings emerging market bond fund to Solana
The global asset manager, which oversees $1.1 trillion in assets, is bringing an actively managed bond strategy onchain through tokenization specialist Centrifuge.
Financial News
Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
Bulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms.
Dissents and more: 3 things to watch for at today’s Fed meeting: Crypto Daily
Comments on financial conditions: The 10-year Treasury yield has pulled back to 5%, a 36 basis-point drop since Oct. 7. The 30-year yield has declined by 40 bps. This has eased financial conditions, which track credit availability in the economy, with a knock-on effect on risk-taking… Read More
Janus Henderson launches first Nasdaq-licensed tokenized fund
Janus Henderson, a London-based asset manager overseeing roughly $500 billion, is bringing one of Wall Street’s best-known stock indexes onto blockchain rails through an issuer-sponsored fund. The launch comes amid an escalating debate over who gets to tokenize traditional securities. The firm teamed up with… Read More
Lenders are done financing AI on faith, JPMorgan says
The stress is showing up in credit markets too. The cost of insuring against defaults on the debt of several AI-linked firms has hit record levels. This insurance is called a credit default swap (CDS). The buyer pays a yearly premium, and if the borrower… Read More
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The deals arrive as the prediction markets face a nationwide legal battle with several state governments that contend such betting belongs more appropriately under the power of their gambling laws. Three major federal court decisions have landed on both sides of the issue, with two… Read More