Volatility and private equity cash needs, not a market bet, may explain the endowment’s crypto shift, experts say.
Here is why Harvard trimmed bitcoin and bought ether and why the move is bullish for crypto
Volatility and private equity cash needs, not a market bet, may explain the endowment’s crypto shift, experts say.
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The tokenized treasury market has grown to $7.2 billion, with Ondo's OUSG token being one of the largest token following BlackRock's and Franklin Templeton's offerings.
The platform will enable 24/7 trading of U.S. stocks and exchange-traded funds with near-instant settlement, building on Ondo's existing $365 million in tokenized assets.
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
The health sciences company, co-founded by English football icon, announcement comes as the crypto’s market capitalization continues to lose ground.