Author: NBTC
Invesco, a U.S.-based asset manager overseeing $2.2 trillion in assets, will take over management of Superstate’s tokenized U.S. Treasury fund in a move that brings a large traditional asset manager deeper into blockchain-based finance. The USTB fund holds short-term U.S. government securities and represents more than $900 million in assets. It ranks among the largest tokenized Treasury funds, a fast-growing corner of the market bringing money market funds onto blockchain rails. After the transition, expected in the second quarter of 2026, the fund will be renamed to Invesco Short Duration US Government Securities Fund while keeping its ticker and token…
Coinbase says the ‘second wave’ of institutional money for crypto is here and it is all about yield
Institutional investors aren’t just betting on ‘number go up’ strategy for crypto anymore, they are shifting to hunting for steady sources of income. Many institutions already hold bitcoin BTC$71,021.58 and ether ($ETH) on their balance sheets. While they are holding these assets for the long-term price appreciation, investors are increasingly seeking to put them to work to earn income while waiting, said Brett Tejpaul, Coinbase’s (COIN) head of institutional, in an interview with CoinDesk, noting that this is how the next phase of institutional money entering the digital asset sector will look. “The second wave of institutions… is underway. It’s…
The Financial Stability Board (FSB), a global financial watchdog hosted by the Bank for International Settlements, warned on Tuesday that foreign currency-denominated stablecoins can pose financial stability and macroeconomic risks for emerging market and developing economies. In its annual report for 2025, the FSB said that US dollar-denominated stablecoins circulating across multiple jurisdictions pose “potentially more acute” risks to the financial stability of emerging economies. The report said those risks can include currency substitution, reduced use of domestic payment systems, lower effectiveness of domestic monetary policy, strains on fiscal resources and the circumvention of capital flow measures. The FSB said…
Bitcoin $BTC$70,016.93 slipped back toward $69,000 on Tuesday morning as a broader pullback in equities spilled over into crypto markets. After trading near $71,000 earlier in the session, $BTC fell to around $69,600 in the early U.S. hours, tracking a broader reversal in risk assets. Ether (ETH), Solana (SOL) and $XRP ($XRP) were also down 2%-3% over the past 24 hours. Bitcoin appears to be continuing to follow a familiar trend over the past three months. It has typically risen by just over 1% on Mondays and then fall slightly under 1% on Tuesdays, according to Velo data. The move…
NEW YORK — Amy Oldenburg, the head of digital asset strategy at Morgan Stanley (MS), rejected the idea that Wall Street is only now embracing crypto due to fear of missing out, arguing that large banks are acting after years of preparation. “TradFi is getting FOMO and is now getting involved … it really isn’t accurate,” Oldenburg said during a panel at the Digital Asset Summit in New York on Tuesday. “We’ve been on a journey around the entire modernization of financial infrastructure for years.” Her comments come as major U.S. banks, long seen as cautious on crypto or latecomers…
As the US-Iran conflict continues for weeks, Bitcoin ($BTC) surged above $70,000 on the prospect of a ceasefire. Bitcoin started the new week with gains, but war-related uncertainty is increasing. While $BTC continues its volatile course, a single Bitcoin miner solved an entire Bitcoin block and earned the full block reward of $210,000. An anonymous solo Bitcoin miner, mining through CKPool, which provides infrastructure for single miners, mined block 943,411, earning the full block reward (approximately $210,000, or 3,139 $BTC in total). This amount includes a 3,125 $BTC subsidy and 0.014 $BTC in transaction fees. The miner’s hash rate is…
The non-fungible token ($NFT) sector is facing renewed debate over its long-term relevance, with different views emerging on whether the market has declined or is transitioning. Eli Scheinman, senior advisor at Art Basel, stated that NFTs, as a category, are no longer returning to prior levels of activity, describing the market as effectively over in its earlier form. However, he noted that the underlying technology is still under development, particularly for use cases involving digital ownership and new forms of art and collectibles. At the same time, Raoul Pal claimed that blockchain-based art continues to hold value, citing scarcity, cultural…
Stablecoin issuer Circle’s (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns about limits on yield. The stock of the $USDC issuer fell as much as 18% in the early U.S. session, snapping a weeks-long rally that saw more than 100% gain. Meanwhile, crypto platform Coinbase (COIN), which shares revenue coming from the stablecoin, dropped about 8%. The key catalyst behind the move was the latest version of the Clarity Act, as reported by CoinDesk, which would restrict offering rewards on stablecoin balances, analysts pointed out. “Clarity Act could potentially ban yield payments for…
BlackRock, one of the world’s largest asset management companies, has revised its growth forecast for the cryptocurrency space upwards. In his 2026 shareholder letter, CEO Larry Fink stated that they anticipate the company’s crypto business unit could generate approximately $500 million in annual revenue over the next five years. Fink’s assessment is seen as a reflection of the growing interest in crypto assets on Wall Street. BlackRock has been one of the leading figures in accelerating institutional investors’ access to this space by playing a pioneering role in the spot Bitcoin ETF process. The company reportedly currently manages approximately 800,000…
The recent movement in the US 20-Year Treasury Note yield highlights growing nervousness across financial markets. Despite reports suggesting the possibility of easing geopolitical tensions, yields have continued to rise, indicating that investors remain skeptical about any immediate resolution. This reaction suggests that market participants are pricing in prolonged uncertainty rather than short-term stability. Absolutely incredible:The US 20Y Note Yield is now back to 5.00% less than 24 hours after President Trump said peace talks were underway.The threat of 7% mortgages and $4.00 gas prices has become reality.Bond markets say this war is unsustainable. pic.twitter.com/nRHrjY0KXu — The Kobeissi Letter (@KobeissiLetter)…