Citi is experimenting with tokenized securities on the blockchain to bolster the adoption of distributed ledger technology on Wall Street. The bank collaborated with Wellington Management and WisdomTree – a crypto-supportive ETF sponsor – to initiate its “proof of concept” for the program. Based on the results of the “simulation,” the bank will determine whether …
Tag: WisdomTree
Feb 12 2024
European Brokers Cut Fees on Spot Bitcoin ETFs to Outpace US Providers: FT
European brokers are slashing spot Bitcoin ETF fees after Invesco and WisdomTree reduced theirs by over 60% on European BTC products. The comes as the U.S. Securities and Exchange Commission (SEC) recently approved spot BitcoinETFs from major players like BlackRock, Fidelity, and In Vesco. The competition in the U.,S. market has prompted a wave of …