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Crypto firms launch Wall Street-style funds: Finance Redefined

cryptoweekly by cryptoweekly
April 25, 2025
in bitcoin, News
0

Crypto firms are entering Wall Street with stocks and equities offerings, showing the “growing synergy” of the traditional investment and digital assets sectors.

Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets.

With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen, CEO of Bitget, the world’s sixth-largest crypto exchange.

In the wider crypto space, Securitize partnered with Mantle protocol to launch an institutional fund that will generate yield on a basket of diverse cryptocurrencies, similar to how traditional index funds track a mix of stocks.

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  • Paradigm urges jury clarity in Roman Storm’s Tornado Cash case
  • Bitcoin dips amid reports Trump has called advisers to situation room
  • Bitcoin production costs up 9% on higher hashrate, energy prices
  • JPMorgan files ‘JPMD’ trademark for crypto payment services
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