Crypto and TradFi asset management are converging.
From the record breaking launch of the U.S. spot bitcoin exchange-traded funds (ETFs) to BlackRock CEO Larry Fink’s latest claims that the next step is the “tokenization of every financial asset,” the direction of travel is becoming clearer. As assets migrate on-chain, more managers will be confronted with unique challenges in deploying institutional capital on public blockchains.
Ainsley To is the head of asset management at Avantgarde Finance.
Beneath the hype and speculation around future directions in price, an entire internet native ecosystem has been building atop crypto rails.
Decentralized autonomous organizations (DAOs), digital entities