The crypto firm is expected to offer investment options for DeFi and NFT assets.
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation.678
U.S.-based financial advisers with Interactive Brokers are now able to recommend cryptocurrency investments to their clients.2534
- Grayscale confirms Bitcoin ETF plans and adds exposure to Zcash, Stellar Lumens and Horizen to its trusts
Grayscale said it would proceed "once there’s official and verifiable evidence of the SEC’s comfort with the underlying Bitcoin market."4178
The first Bitcoin futures-linked ETF is finally launching in the United States after years of effort.7432
Crypto adoption in the real estate market could see fractional property ownership becoming more popular.3140
Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike.4421
The event saw friendly boxing matches between prominent crypto Twitter entrepreneurs, with RookieXBT taking the WBC Crypto Champion belt.6492
GFSC-approved Jacobi Bitcoin ETF is a centrally cleared crypto-backed financial instrument with custody supported by Fidelity Digital Assets.6933
Starting Oct. 18, Bakkt’s common stock and warrants will be listed on NYSE under the ticker symbols “BKKT” and “BKKT WS,” respectively.6252
“Steam's point of view is that items have value and they don't allow items that can have real-world value on their platform,” claimed one game developer.8903
Bloomberg analyst James Seyffart reported that the crypto futures ETF would be listed with the ticker symbol BITO, possibly as early as Oct. 18.13834
According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give the remaining 16 to its DAO.8110
Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology.4769
United Wholesale Mortgage had previously announced plans to test Bitcoin and Ether for mortgage payments in August.6786