Strategy had earlier in April flagged a nearly $6 billion unrealized loss on its digital asset holdings- an announcement that had rattled crypto markets.
- 0 replies
- 0 recasts
- 0 reactions
Ahead of the data release, rates traders are pricing 100 basis points of Fed rate cuts this year, with the first move expected to happen in June, according to the CME's FedWatch tool.
- 0 replies
- 0 recasts
- 0 reactions
For reasons both cultural and technological, many banks may end up either licensing custody solutions to use in-house, or partnering with a crypto-native sub-custodian. One of the most important decisions a bank has to make is who they choose as a custody partner — a critical question as cybersecurity incidents continue to draw headlines.
- 0 replies
- 0 recasts
- 0 reactions