institutional adoption

Frankfurt (Louis Droege/Unsplash)
DekaBank Selects Swiss Crypto Specialist Metaco to Steer Digital Asset Offering
The bank has 360 billion euros in assets under management and is eyeing up crypto products for its institutional clients.
Frankfurt (Louis Droege/Unsplash)

David Duong, Coinbase Head of Institutional Research (LinkedIn)
Coinbase Exec Says Institutional Investors Still Into Crypto Post-FTX
David Duong, head of institutional research at the exchange, says the collapse of Sam Bankman Fried's platform didn’t lead to a pullback.
David Duong, Coinbase Head of Institutional Research (LinkedIn)

1908 photograph of a vault door (Cleveland Trust Co., modified by CoinDesk)
Bernstein Says Custody Services Are the Foundation for Institutional Crypto Adoption
The crypto custody revenue opportunity could grow to $8 billion by 2033, a report from the brokerage firm said.
1908 photograph of a vault door (Cleveland Trust Co., modified by CoinDesk)

(Gez Xavier Mansfield/Unsplash, modified by CoinDesk)
Why Crypto Taxes Get Complicated (Especially for Institutions)
From "impermanent losses" to loan-to-value ratios, financial institutions need to keep track of a lot of data to ensure they remain compliant while participating in DeFi.
(Gez Xavier Mansfield/Unsplash, modified by CoinDesk)

CDCROP: Fidelity Investments sign (Jonathan Weiss/Shutterstock)
Bear Market Didn’t Slow Institutional Interest in Crypto, Says Fidelity Survey
The fourth annual study showed that 74% of institutional investors want to purchase crypto in the future
CDCROP: Fidelity Investments sign (Jonathan Weiss/Shutterstock)

CDCROP: Money Cash Currency Bills (Pixabay)
Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023
The fund received investments from two Fairfax County, Virginia, pension funds earlier this year.
CDCROP: Money Cash Currency Bills (Pixabay)

CDCROP: Rows of mailboxes (Unsplash)
BNY Mellon Says Client Demand for Crypto Led to Custody Offering
Executives from the world's largest custodial bank spoke on the company’s earnings call Monday morning.
CDCROP: Rows of mailboxes (Unsplash)

Citi, Citigroup, Citibank
Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
Accel co-led the round for the startup building institutional-grade digital asset products.
Citi, Citigroup, Citibank

CDCROP: Wall Street Bull Sculpture (Spencer Platt/Getty Images)
Nasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces Crypto
The down market hasn’t stopped traditional finance's push into crypto as large players continue to pile into the industry, following Warren Buffett’s famous rule "be greedy only when others are fearful."
CDCROP: Wall Street Bull Sculpture (Spencer Platt/Getty Images)