WisdomTree’s Jonathan Steinberg says the firm’s tokenization push is nearing profitability, with $750 million in digital assets and long-term plans to modernize financial infrastructure.
Finance
At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles.
The roadmap in place doesn't make as much sense because progress among layer-2s toward later stages of decentralization has been slower and more difficult, and Ethereum itself is now scaling
The launch marks one of the first times tokenized U.S. equities and ETFs have been made natively available through a major self-custodial wallet.
The company adopted a multibrand corporate structure to separate its consumer products from infrastructure operations.
The acquisitions bring TeraWulf’s capacity to 2.8 gigawatts as it targets major infrastructure expansion to supply power-hungry computing demand.
By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.
Even as major cryptocurrencies plunge to multi-year lows and forced liquidations ripple across the market, DeFi’s total value locked has only slipped modestly.
Kulechov, the founder of decentralized lending platform Aave, bought the luxury property in November, Bloomberg reported.
The exchange co-founder's post comes amid renewed scrutiny over Binance’s alleged role in October’s crypto flash crash.
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