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Kevin O’Leary says Wall Street’s tokenization boom is all talk without crypto rules

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Miami Beach, FL – Kevin O’Leary says Wall Street’s tokenization boom is mostly hype until Congress finally gives the crypto industry the regulations it’s been waiting for. “Tokenization will never be adopted by institutional indexers. Neither will bitcoin, which is still a fringe asset for the big guys,” O’Leary said at Consensus in Miami, arguing […]

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Disney posts strong earnings despite slowdown in park visitors

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Add a lackluster visit to the theme park to the long list of challenges facing Disney’s new CEO. Josh D’Amaro, who took over Disney in March, publicly faced Wall Street for the first time on Wednesday, reporting quarterly earnings that beat analysts’ expectations. Investors liked what they heard, especially in terms of growth in streaming

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The legal risks and practical considerations of blacklisting digital assets

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US prosecutors have become increasingly aggressive in freezing digital assets believed to be traceable to illegal activities such as money laundering, “pig slaughter”, sanctions violations and other financial crimes. Freezing digital assets takes on a new dimension, however, when the freeze is voluntarily initiated by the issuer at the request of the government, bypassing the

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NYSE tokenization partners warn that synthetic equity tokens may mislead retail traders

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Executives from the Intercontinental Exchange (ICE), OKX and Securitize warned that synthetic tokenized stocks create market and retail risks as ICE moves forward with a regulated platform for tokenized US stocks. Michael Blaugrund, who works on strategic initiatives at ICE, the owner of the New York Stock Exchange (NYSE), said during a panel at Consensus

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Robinhood and Bitstamp say banks are ready to build on the chain

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Wall Street’s long-awaited migration to crypto is no longer theoretical, according to executives from Ondo Finance, Robinhood-owned Bitstamp and Babylon Labs. However, institutional adoption is still slower and more fragmented than many in the industry once expected. The executives described a financial industry that is increasingly embracing blockchain rails, tokenized securities and crypto-native yield products

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BTC Rises, ETH Lags As Investors Pile Into Altcoins: Crypto Markets Today

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The crypto market was volatile late Tuesday after Strategy ( MSTR ) Chairman Michael Saylor stated that his company could sell bitcoin BTC$82,212.57 to pay dividends on the STRC instrument, leading to short-lived panic in price action. However, BTC regained the $82,000 mark during the European morning on Wednesday after gaining around 1.3% since midnight

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