Fund tokenization is one of the frontiers of bringing real-world assets to blockchain rails in pursuit of greater efficiency, lower costs and faster settlements.
Investors tend to focus on monetary policy from the major central banks and Canada, Sweden, and Switzerland have each cut rates three times this year. Lower borrowing costs going forward should boost the price outlook for crypto, says Scott Garliss.
Jerry Brito, the founding executive director of the venerable-for-crypto advocacy and research organization Coin Center will step down by the end of the year, he wrote in a post on the group’s website, adding that he’ll be retaining a board seat.