Building the Plumbing for Institutional Capital Markets

https://blockworks.co/building-the-plumbing-for-institutional-capital-markets/?oly_enc_id=2460C7090134A6V

“It’s still early. We are excited to see this connectivity happen. It will draw in a lot more capital into the asset class, and it will draw in the incremental user and adopter of this ecosystem and asset class,” he said.

And all of this matters because LMAX Group traded 75 billion in crypto in May with just 500 customers. Imagine if it had 5,000.

Morgan Stanley, Blockchain Capital Lead $48M Funding for Securitize

https://blockworks.co/morgan-stanley-blockchain-capital-lead-48m-funding-for-securitize/?oly_enc_id=2460C7090134A6V

“On the platform, you will be able to access a range of opportunities whether it’s crypto yield funds or startups or real estate developments, you’re going to see a broader universe of primary offerings as well as secondary offerings,” Wagner said. “Looking forward, that’s the evolution you’re going to see and as more people become comfortable with crypto, it’s going to become the means for providing services that is taken for granted in public markets.”

LiteCoin: the one not talked about

Unlike Bitcoin and Ether, LiteCoin has not surpassed its all time high in price. It is an interesting picture below and suggests there is more work to be done in price development. With EBAY supporting LTC, it just may be the vehicle to make LTC a coin of choice for consumers. One thing to absorb after looking at the LTC Price chart is the following chart which shows the strengthening of LTC vs the price of BTC. Quietly, LTC has come to play.