Deutsche Bank has completed its proof of concept for its digital asset custody platform and is aiming for a minimum viable product (MVP) in 2021 while exploring global client interest for a pilot initiative.
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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Bitcoin has become more acceptable with a strong positive Wall Street’s attention, driving it to a year-to-date gain of over 60%.
Digital assets are emerging as a ‘safe-haven’ asset for institutional investors looking for alternative stores of value for their investment portfolios.
FD7 will make a combination of token and equity investments, focusing on projects that promote the core mission of Web 3.0, cryptocurrencies and the blockchain space.
CoinShares has integrated Armanino’s Real-Time assurance application, TrustExplorer. This blockchain-enabled solution allows investors to independently verify the bitcoin backing BITC through viewable and downloadable attest reports that are generated daily.
United States, Feb 12, 2021 /AlexaBlockchain/ – U.S. Securities and Exchange Commissioner, Hester Peirce, thinks that the U.S. capital markets are ready for a Bitcoin ETP, and people are eager to…
The first North American Bitcoin ETF will be managed by Purpose Investments Inc., Cidel Trust Company (a subsidiary of Cidel Bank Canada) will work as its custodian and Winklevoss brother’s Gemini as the sub-custodian.
Daniel Masters executive chairman and Tezos Foundation non-executive council member has stated that Tezos will be listed on Coinshares within the next 6 months. Coinshares are…
The advent of the second era of the digital age, with a “trivergence” of blockchain, artificial intelligence, and the Internet of Things, is creating an innovation push. Federal leaders must acknowledge the new digital realities and get up to speed quickly on these technologies.
Tesla updated its investment policy to get more flexibility to further diversify and maximize returns on its cash that is not required to maintain adequate operating liquidity.