a16z-backed TrueFi launches DeFi lending market for asset managers
Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.”
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Bitcoin AUM falls 9.5% to record largest monthly pullback since July
The Bitcoin AUM market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion.
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public…
Franklin Templeton seeks experts for Bitcoin trading and crypto research
With more than $1.4 trillion in assets under management, Franklin Templeton is one of the world’s largest independent asset managers.
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets.