South Korean banks are rapidly developing their crypto business strategies in anticipation of a new regulatory era. With the upcoming enforcement of the Virtual Asset User Protection Act in July 2024, traditional financial institutions are eager to capture opportunities in digital assets even as they brace for increased compliance demands. ...
Digital asset investment products recorded a staggering $3.7 billion in inflows last week, marking the second-highest weekly total on record, according to new data from CoinShares. This surge propelled total assets under management (AUM) in crypto-linked investment vehicles to an all-time high of $211 billion, crossing the $200 billion mark ...
Broadridge Financial Solutions has launched Broadridge Digital Asset Solutions, a suite of tools aimed at helping financial institutions implement digital asset strategies while maintaining compliance with global regulations. This initiative addresses the increasing demand for effective solutions in the expanding cryptocurrency and digital asset markets. Mike Tae, Co-President of Broadridge’s ...
Crypto-based financial products began 2025 on a high note, according to CoinShares' latest market update, published on January 6. The European asset manager reported that $585 million was invested in digital asset products during the first three days of the year. However, net outflows for the full week, which included ...
June began positively for digital asset investment products, with nearly all providers experiencing inflows and an overall total of $2 billion, according to CoinShares' weekly fund flows report. Published on June 10, the report highlighted that these early June inflows brought the five-week total for digital asset financial products to ...
