Coinbase Fears Securitize as Tokenization Rival Prepares to Go Public, Says Citron Research Citron argued that Securitize, with its licenses for tokenized securities, would benefit from clearer regulations. > "Coinbase wants the benefits of CLARITY without the competition it would create" - Citron > “Coinbase isn't pushing back because the bill is bad for crypto, they're pushing back because a cleaner version might be better for Securitize than for them."
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Exchange-held supply continues to decline about 1.5% of BTC and 18% of ETH has moved off exchanges as both assets flow into ETFs and DATs, reinforcing the shift from liquid venues to institutional custody
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