BlackRock Executive Stresses Importance of Knowing Counterparties in DeFi for Institutional Engagement
It is critical for financial institutions to know who they are trading with when using decentralized finance (DeFi) protocols, asset management giant BlackRock’s head of strategic partnerships, Joseph Chalom, has said. "...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"The first issue is, who am I trading with? [...] We go to jail, if we don't know who we're trading with," Chalom told the audience during the State of Crypto Summit hosted by Coinbase and the Financial Times on Thursday in New York....
Read More: BlackRock Executive Stresses Importance of Knowing Counterparties in DeFi for Institutional Engagement
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Aerodrome Slipstream leads euro stablecoin trading with nearly $10B in monthly volume
Aerodrome's dominance in euro stablecoin trading highlights the growing importance of regulatory compliance and concentrated liqui...
JD Vance emphasizes strategic importance of Bitcoin for US government
The US's strategic embrace of Bitcoin could reshape global financial dynamics, challenging China's stance and influencing digital...
Kalshi captures majority trading volume as prediction market interest falls 83%
Kalshi's dominance in prediction markets highlights the importance of regulatory compliance in attracting mainstream participants,...
Compound Foundation Names Coinbase And Anchorage Alumni To Run $52 Million Institutional Push
Compound Foundation named four executives recruited from Coinbase Custody, Anchorage Digital, the NEAR Foundation and Maple Financ...
Paul Tudor Jones’ firm boosts BlackRock Bitcoin ETF stake by 19% to $23M
Tudor's cautious stance on Bitcoin ETFs highlights institutional wariness, balancing exposure with downside protection amid market...
Citadel Securities urges SEC to reconsider stock-trading rule proposal
Citadel's opposition to SEC's proposal highlights potential risks to market liquidity and transparency, impacting retail investors...