tl;dr
Coinbase's pursuit of tokenized securities, regulatory approvals, and 24/7 access to Bitcoin and Ethereum futures. It also touches on the growth of real-world asset (RWA) markets and the company's financial performance. Additionally, the roundup mentions Gemini's Guinness World Record-breaking drone...
Coinbase has launched 24/7 access to Bitcoin and Ethereum futures, aiming for revenue generation. Meanwhile, Gemini has filed for an IPO, potentially reflecting a trend in the crypto industry. MicroStrategy's Bitcoin holdings remain unchanged, with low expectations for a new purchase. Asset manager Rex Shares has launched an ETF for Bitcoin-backed bond offering and applied for an ETF linked to Movement Network token.
This week's Public Keys from Decrypt covers Coinbase's pursuit of tokenized securities, regulatory approvals, and 24/7 access to Bitcoin and Ethereum futures. It also touches on the growth of real-world asset (RWA) markets and the company's financial performance. Additionally, the roundup mentions Gemini's Guinness World Record-breaking drone display and the possibility of its IPO. Lastly, it features Michael Saylor's unchanged Bitcoin holdings and the launch of ETFs by asset manager Rex Shares.
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week highlights Coinbase's pursuit of tokenized securities and real-world asset market growth. The focus is on the company's efforts to offer tokenized stocks and regulatory approvals. With the potential growth of the real-world asset segment, Coinbase aims to bring assets like stocks, bonds, property, and land on-chain. This reflects a counterbalance to the global crypto market, which has seen a recent decline. Coinbase's push for regulatory frameworks in Europe and the launch of 24/7 access to Bitcoin and Ethereum futures align with its revenue-generating strategies.
Gemini's IPO filing, MicroStrategy's unchanged Bitcoin holdings, and Rex Shares' ETF launches demonstrate the dynamic developments within the cryptocurrency and stock market landscape. These initiatives highlight an evolving market landscape and the strategic moves of key players in the industry.