In addition to wads of cash and the aura of respectability, institutions are bringing Wall Street’s activist investing strategies to crypto markets.
A look inside Arca and TokenSoft’s 605-day crusade to register the first Ethereum blockchain-native ‘40 Act Fund.
Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — especially after the subsequent collapse of the altcoin market and the mayhem of initial coin offerings.Security token offerings, or STOs, on the other hand, were billed as a more manageable, if still extreme, way of upgrading the dusty old financial systems that back equity trading.…
Arca's Digital Assets Fund is beating the S&P, crypto indices and bitcoin’s price.