Ethena surges as buyback vote, VC unlock overhaul boost token outlook
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth.
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Securitize CEO says tokenized stocks could unlock a $5 trillion crypto market
Securitize CEO Carlos Domingo said he believes tokenized equities and ETFs, not private credit or Treasury products, will be the asset class that ultimately drives the real-world asset (RWA) market into the trillions. Speaking at a ETHConf panel in New York on Tuesday, Domingo argued… Read More
Pudgy Penguins rally coincides with token unlock as analyst flags exit liquidity risk
Pudgy Penguins’ recent rally may be a breakout driven by ecosystem momentum. This move appears to have benefited long-term holders in unexpected ways, according to on-chain data. According to DNTV Research founder Bradley Park, the surge may have provided liquidity, that is, enough buyers in… Read More
BlackRock exec says even a 1% crypto allocation in Asia could unlock $2 trillion in new flows
Even a modest model portfolio allocation to crypto in Asia could drive massive inflows into the market, according to Nicholas Peach, head of APAC iShares at BlackRock. Speaking on a panel at Consensus Hong Kong, Peach said rising institutional acceptance of crypto exchange-traded funds (ETFs)… Read More