Welcome to Chain Response, the place we unpack and clarify the newest in crypto information, drama and traits, breaking issues down block by block for the crypto curious.
For our Thursday episode this week, we dug into the institutional embrace of blockchain by stodgy monetary powerhouses together with mega PE agency KKR which introduced this week that they have been tokenizing certainly one of their newest funds to offer entry to barely much less wealthy rich traders. Whereas it’s removed from pervasive monetary democratization, the transfer attracted plenty of consideration, which we dissected.
We additionally coated:
- A Supergroup of monetary establishments together with Constancy, Schwab and Citadel are teaming as much as construct a brand new digital asset trade known as the EDXM. Is that this a sign of institutional fervor or simply extra groupthink?
- The White Home’s Workplace of Science and Tech Coverage launched a sweeping report on the power utilization of the cryptocurrency trade; The report alerts future pressures on Bitcoin miners to cut back greenhouse fuel emissions or else.
Chain Response comes out each Tuesday and Thursday at 12:00 p.m. PT, so remember to subscribe to us on Apple Podcasts, Overcast and Spotify to maintain up with the motion.