Fractional stocks go to pot as FTX lists tokenized cannabis shares

FTX is “weeding out the competition” with its new selection of tokenized stocks. Cryptocurrency derivatives exchange FTX has announced it is growing its line of tokenized stock offerings, with the addition of five cannabis-related businesses. The Wednesday announcement, tweeted by FTX and Alameda Research CEO Sam Bankman-Fried, came in a haze of ex-hemp-lary (sorry) marijuana […]

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Blockstack (STX) rallies 85% as fundamentals improve ahead of mainnet launch

In the past month, Blockstack (STX) token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches. Blockstack (STX) might not be on every investor’s radar, but the 72nd-ranked cryptocurrency by market capitalization has been doing some serious work behind the scenes. Blockstack (STX) 1-month chart. Source: Coin360.com The company behind the […]

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SBI’s digital asset branch and SIX exchange plan joint crypto venture

The new platform aims to establish an institutional corridor between Europe and Asia. Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new […]

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The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling

As DeFi continues to grow and flourish, BTC will eventually be forced to break its 21-million supply limit to remain sustainable and relevant. 2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways […]

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