TradFi Turns To Crypto: Top Brokerage Firm Plots 2026 Trading Debut
Charles Schwab, a top brokerage firm in the United States, has laid plans to roll out a cryptocurrency trading platform as early as next year. The development marks increasing mainstream adoption of digital currencies and may redefine the competitive dynamics for crypto exchanges. Related Reading: Decentralized Defense? NFT Group Targets Cold War Nuclear Bunker Buy […]
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TradFi is likely to ramp up Bitcoin allocations by the end of the year, says Wall Street vet Jordi Visser. The statement came during an interview with Anthony Pompiliano, where Visser declared: Between now and the end of the year, the allocations for Bitcoin for next year, from the traditional finance world, are going to […]
BitMEX co-founder, Arthur Hayes, said that the crypto bull cycle is far from over, and that it might continue well into 2026. Arthur believes the US government spending program is not yet in motion and may only start mid-2026. This could mean the US may continue printing money, flooding the market with more liquidity. Amidst global instability, […]
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size.Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading session on July 29, dropping from $38 to $34.82. The company went public on Nasdaq at a $32 billion valuation to see its market capitalization fall to $29 billion....
U.S. brokerage firm M1 Finance will soon roll out crypto accounts and commission-free trading services for ten digital assets. Despite the bear market scaring away many crypto investors in 2022, online brokerage firm M1 Finance is set to launch crypto trading accounts and trading services over the next few weeks.The Chicago-based company was founded in 2015 and claims to have more than $5 billion worth of assets under management (AUM). The brokerage also offers retirement accounts in addition to providing commission-free trading on stocks and exchange-traded funds (ETFs). In a July 11 blog....
Quick Facts: 1️⃣ Citigroup is getting set to launch its very own crypto custody service next year. 2️⃣ The Web3 initiative comes after more TradFi institutions turn to DeFi following recent crypto-friendly US regulations. 3️⃣ Given that Citigroup serves over 200M customer accounts, it could significantly boost crypto adoption, possibly making now a good time […]