Until recently, crypto users mostly traded tokens or borrowed against them, often chasing high, but unpredictable yields. New tools allow them to lock in returns, even in a market known for big swings.
Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield.
The move comes as the race to bring equities to always-on blockchain markets is heating up after Nasdaq obtained regulatory approval for its tokenization plan.
The $2.2 trillion asset manager is stepping into the rapidly-growing tokenized Treasury market, joining global financial behemoths like BlackRock and Franklin Templeton.
BTC climbs despite escalating Middle East tensions, outperforming gold as altcoins rally and derivatives data signals cautious but improving market sentiment.