Crypto, like the early days of the internet boom, is still in a “1996” phase with more room to grow, Jefferies analysts told large institutional investors in a client Q&A report. The investment bank, which launched full coverage of the digital assets sector in September, said it is getting strong and diverse interest from its … Read more
Tokenization has significant potential to transform capital markets, promising real-time settlement, broader investor access and greater programmability across financial infrastructure. But while the rails are evolving, current models for tokenized equities remain fragmented, opaque and misaligned with the safeguards that define the traditional securities markets. Today, two dominant approaches exist: The wrapper model involves tokenized … Read more
Imagine you're a bitcoin (BTC) bull, confident prices will rally, but anticipating a pullback first. Like many people, however, you are not adept at perfectly timing such market entries and feel you may miss the optimal moment to load up on bullish exposure. For traders facing this common predicament, a structured product known as a … Read more
Apple is reportedly developing an in-house answer engine that will be powered by artificial intelligence (AI). As per the report, the company has also formed a new team that has been tasked with developing this ChatGPT-style answer engine product. Interestingly, the reported move comes after the Cupertino-based tech giant has downplayed the role of chatbots … Read more
The U.S. Senate is marching on in its effort to craft rules and regulations for the vast majority of the crypto market, releasing a discussion draft of a market structure bill that more clearly defines some of the frameworks the lawmakers are contemplating. The 35-page draft released Tuesday formulates new definitions for digital assets that … Read more
Apple will have to answer to a judge for refusing to restore Fortnite to its US App Store if it hasn’t resolved its standoff with Epic Games by May 27. Epic’s chief executive officer had announced three weeks ago that his company’s flagship game would be resubmitted to App Store after the companies fought in court for … Read more