Tag: Street

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State Street says institutions want improved blockchain security in wake of recent DeFi attacks

Big traditional finance firms need guardrails in a world of blockchain-based assets, particularly given how decentralized finance (DeFi) remains so susceptible to hacks and...

Tokenization won’t disrupt banking rails but improve them, Wall Street executives say

Miami Beach, FL — Tokenization is not replacing the system overnight, but it is steadily reshaping the plumbing underneath, Wall Street executives said at...

Anthropic Teams With Wall Street Firms on AI Venture

Anthropic is launching a new venture with financial services firms Blackstone, Hellman & Friedman and Goldman Sachs to sell AI tools to businesses.The new...

Wall Street warns human-built markets can’t keep up with machine-speed trading

Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as...

Wall Street Tycoon DTCC Sets July Pilot, October Launch For Tokenized Securities Shift

For decades, the Depository Trust & Clearing Corporation (DTCC) has operated as the financial system’s invisible backbone — the institution that processes virtually every...

DTCC sets October launch for tokenized securities platform in Wall Street blockchain push

Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said Monday it will begin limited production trades of tokenized securities in July, with...

Jane Street asks court to reject Terraform claims tied to UST-LUNA crash

Jane Street asked a U.S. court to dismiss a lawsuit brought by the bankruptcy estate of Terraform Labs, rejecting claims that the trading firm...

Wall Street tech is coming to crypto as DoubleZero rolls out high-speed data for blockchain

DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms...

Wall Street broker Bernstein sees prediction market volumes hitting $1 trillion by 2030 with HOOD, COIN as key players

Wall Street broker Bernstein expects prediction market volumes to reach roughly $1 trillion by 2030, as the sector evolves from niche wagering into broad-based...

Wall Street won’t buy ‘trustless’ security promises

Crypto exchanges have become the primary venues where millions of people and businesses store and transfer digital money. According to industry data, the crypto...

Bitcoin Faces Selling Above $70K, Wall Street Looks Bullish

The S&P 500’s latest rebound has drawn a cautiously bullish response from major Wall Street firms, with Morgan Stanley and JPMorgan Chase...

Quantum threat to Bitcoin is real, but manageable, according to Wall Street broker Bernstein

Wall Street broker Bernstein said the rise of quantum computing poses a credible but manageable threat to Bitcoin and the broader crypto ecosystem, as...