Christoph Richter

21 Shares, The Swiss Based, World’s First & Largest Crypto ETP Issuer. Has Officially Likened, Ethereum To ‘Amazon In The 1990s’... 💣 💣 A senior, 21Shares executive stated, “just as Amazon evolved beyond books to redefine entire industries, Ethereum may surprise us with revolutionary use cases that we can't envision today”. That, Wall Street investors are still largely unaware of Ethereum’s potential, similar to Amazon in the early 1990s before it became a $2 Trillion tech giant. Also, Ether ETF's, launched in July, have seen relatively small inflows compared with Spot Bitcoin based ETF's. Leena ElDeeb, Research Analyst at 21Shares, argued that large inflows into ETH ETFs will happen only when Ethereum’s potential is actually and really understood.. Stating that, Ethereum is extremely “complex, akin to Amazon in the 1990s, promising vast potential but less straightforward in its use cases,” Eldeeb said. Federico Brokate, vice president and head of the US business unit at 21Shares, argued. While Amazon started as an online bookstore, “few could have predicted that it would transform into a global e-commerce and cloud computing giant, reshaping how we shop and use digital services”. Similarly, Ethereum began in 2015 as a platform supporting basic smart contracts and now supports over $140 Billion worth of DeFi app's. “Just as Amazon evolved beyond books to redefine entire industries, Ethereum could surprise us with revolutionary use cases that we can’t fully envision today”. While Ethereum’s $320 Billion market cap is only 6.25% of Amazon’s $2 Trillion valuation, Brokate notes one advantage Ethereum has over Amazon in the 1990s, is the vast pool of talent working to make the network useful. “By the end of the 1990s, Amazon employed around 7,600 people. In contrast, the Ethereum network today features over 200K active developers, including software engineers, researchers, and protocol designers. All contributing to its evolution,” said Brokate, adding, “Amazon has grown to employ over 1.5 Million people worldwide, growth we may see paralleled in the Ethereum ecosystem”. While Ethereum has been challenged by Solana and other L1's, it still dominates in the world of DEX's, borrowing and lending, stablecoin and RWA markets. BlackRock, the largest asset management firm, has tokenized over $533 Million worth of money market funds on Ethereum. With the Union Bank of Switzerland has also rolling out a tokenized fund too. Yet, “only a few investors understand Ethereum’s potential”, many have chosen to “remain on the sidelines” with the Ether ETFs for now, Brokate said. Short-term investors are still “cautious” and less likely to invest in Ether ETFs until “greater clarity” about Ethereum’s potential and use cases, ElDeeb added, we remain optimistic, as the market matures and Ethereum’s diverse app's grow, investor sentiment and adoption will follow a similar path of sustained growth.” #ETHEREUMistheMODERNdayAMAZONandhasMANYSUPPRISESinitsBAG... 🪄 🔮

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Since it is super grey in Munich for the last 2 weeks, I thought I am bringing you some light again here with my Weekly Tokenization News Updates! ☀ 😎 » Swift, UBS, & Chainlink Labs complete tokenized assets pilot, enabling tokenized fund subscriptions & redemptions via Swift’s network with improved liquidity and cost efficiency. » Ozean & HELIX to tokenize private credit, merging Helix’s expertise with Clearpool’s $640M lending success to expand options for tokenized private credit. » Euroclear & HSBC join Singapore’s GL1 public permissioned blockchain, aiming to transition tokenization from pilot phases to full-scale commercialization with security & compliance at its core. » J.P. Morgan rebrands Onyx to Kinexys, expanding solutions for repo, tokenized collateral, & bond issuance, with OCBC now using the platform’s repo feature. » ADDX & ANZ pilot tokenized commercial papers with Chainlink Labs privacy-enabled transactions, offering Australian investors access to tok. papers on ADDX. » Project Epic report by JP's Kinexys highlights advancements in privacy & identity in tok. finance, leveraging technologies like zero-knowledge proofs for enhanced transaction security. » Bank of Korea to test tokenized voucher system, exploring digital versions of traditional vouchers for simplified settlement in cultural and educational transactions. » Particula assigns “A” rating to Backed Finance AG’s bIB01 US$ Treasury Bond Token, noting its strong regulatory backing & expanding blockchain integration but also outlining liquidity & counterparty risks. » UBS to pilot digital cash for multi-currency blockchain payments, enhancing intraday liquidity & visibility with a private blockchain for cross-border transactions. » Reserve Bank of Australia & DFCRC to trial wholesale CBDC for asset tokenization, with project Acacia investigating settlement models & digital money’s role in 2025 trials. » Amazon simulates tokenized seller receivables with stablecoins at singapore fintech festival, allowing faster fund access for sellers in a trial simulation using StraitsX’s XSGD. » Tether.io finances $45M middle eastern oil transaction, reducing costs & streamlining payment processes for commodity trades using tether’s USD₮ stablecoin. » France’s Groupe Caisse des Dépôts to issue €100M tok. bonds, collaborating with BNP Paribas & Euroclear on secure blockchain settlement. » Deutsche Bundesbank joins Singapore’s project Guardian to support frameworks for tok. assets, focusing on cross-border transactions in fixed income. » Intesa Sanpaolo issues tokenized commercial paper in ECB DLT trials, marking a key step in europe’s transition to digital settlement systems. » Security Token Market 🌴 October update reports $46B market cap for tokenized securities, highlighting asset performance & new developments in the security token sector. » Anemoy’s Liquid Treasury Fund becomes first tokenized fund rated by Moody's (Aa) & Particula (A+). What else did I miss ?

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Day 894 The selling pressure for #Bitcoin from German government is now over. About 50,000 BTC was offloaded in this process. This impacted the prices negatively. There’s still a few more scares remaining especially the Mt. Gox reimbursement plan. However, unlike the bulk selling by German government, the Mt. Gox distribution will be in Bitcoin, so there won’t be any bulk selling by a single entity. Be cautious, these are uncertain times ✌️ #BuildWeb3

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Sony has filed a patent for a new ‘Super-Fungible Token’ (SFT) that could alter how gamers own and trade in-game assets. Two basic questions: ⁉️ What’s an SFT? Basically, it would allow gamers to own a bundle of NFTs (in-game assets). ⁉️ Why SFTs? Good question—since it’s such early days, it isn’t entirely clear how it could be used, but it seems to simplify owning, purchasing and selling of NFTs as you can bundle multiple into one SFT. To me, it seems to be a bet by Sony that NFTs will be a big part of future gaming and they’re preparing the way for them to be more functional.

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BitMEX - Flare - Proof of Talk | Building and investing in the current Web3 and Crypto Cycle I look forward to doing this with Hugo Philion and Megan Nilsson 🔹️ as well as the Proof of Talk guys. Especially as BitMEX has a lot to offer and likes to share with the community in terms of insights. We've gone through all bear and bull markets (aka cycles) of Crypto/Web3 so far. And this time IS different - again. So stay tuned and see you on Monday. #BitMEX #ProofofTalk #PoT24 #Flare #Crypto #Web3 #Cryptotrading #VC #PE #Investing #Building

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The Native Token Problem as described in the karpatkey report on the Uniswap treasury: "Delegates and token holders often conflate the nominal value of all tokens, which unrealistically does not factor liquidity discounts and is therefore purely hypothetical, with liquid, usable capital" It's crazy how few people are working on this. https://lnkd.in/edPwYkJA

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💡 Web3 Weekly Round-up - 31/05/24 🌱 - Probably nothing... 1️⃣ 🇪🇺 European Commission to prepare for blockchain and AI integration 2️⃣ 🇺🇸 BlackRock's $20 billion ETF is the world's largest bitcoin fund 3️⃣ 🌍 Mastercard launches "crypto credential" service to secure crypto payments 4️⃣ 🇹🇷 Turkey makes progress towards regulatory framework for crypto 5️⃣ 🌍 Agora to offer AUSD stablecoin on Sui Foundation 6️⃣ 🌍 PayPal USD stablecoin now Available on Solana Labs blockchain 7️⃣ 🇪🇺 European Commission public service blockchain EBSI to be formalized as Europeum, moves one step close to entering production 8️⃣ 🇯🇵 Nomura, Laser Digital partner with GMO to explore stablecoin issuance in Japan 9️⃣ 🇺🇸 a16z crypto ramps up political push with additional $25 million donation to crypto super PAC Fairshake 🔟 🇮🇪 The fifth Blockchain Ireland Week conference takes place with speakers from around the globe ❓What else happened? Gradually then suddenly... #bitcoin #blockchain #ecosystem

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From the same people that brought us the "Pelosi Tracker" and the "Inverse Kramer Fund" the good people at Autopilot have some new products. I don't really play in the trad-fi space anymore, too boring. But a lot of other people just getting into investing do! So now they have auto-invest options like the ones previously mentioned along with the "Finance Chad Index" which will put you in things like Cava, Chipotle, and others. The "Basic Becky Index" will put the ladies in things like LuLuLemon, Pinterest, etc. As humanity trudges along in our super tech dystopia it seems, one thing people want to do less of these days is actual thinking. Now they don't have to. Pick a fund that speaks to you and invest in it 🤷‍♂️ I think the names of these funds are hilarious "LITquidity Alpha" 🤣 Reminds me of earlier this year where I was making memes of fictional crypto indexes we might see in the future 😋 I'm Dominic and there's an 80% chance you're getting shafted on your business tech or have horrible support after the fact. I sell hundreds of different solutions that actually work with humans you can talk to instead of lame chat bots. You can find me here 🪄 TryGilded.com

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The future of tokenization? Permissioned blockchains The majority of institutional tokenization will take place on closed, permissioned networks. To date, the majority of institutional efforts have involved private networks. For example HSBC Orion , Canton Network , CBDCs running on permissioned blockchain, etc #blockchain #enterpriseblockchain #permissioned #tokenization #cbdc #assettokenization FSV Capital Xaults EquiDEI Prasanna Lohar Hyperledger Foundation Hyperledger India Chapter Daniela Barbosa Karen L. Ottoni https://lnkd.in/dNAWbX_Q

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💡 Web3 Weekly Round-up - 26/07/24 🌱 - Probably nothing... 1️⃣ 🇺🇸 9 ETH ETFs approved by U.S. Securities and Exchange Commission 2️⃣ 🌍 Ethereum turns 10 years old 3️⃣ 🇺🇸 Ethereum ETFs see over $100 million in net inflows on their first day 4️⃣ 🇩🇪 100,000 digital issuances on Deutsche Börse's D7 - more than any digital issuance platform globally 5️⃣ 🇦🇪 UAE’s Cypher Capital Group leads $15 million investment in Zap Protocol 6️⃣ 🇦🇺 HSBC Australia ban crypto payments from banks 7️⃣ 🌍 Global Layer 1 daily active user base is up 92% YoY (7-day moving average). 8️⃣ 🇪🇺 Ferrari expands crypto payment program to Europe 9️⃣ 🇬🇧 Revolut secures UK banking license 🔟 🇺🇸 Hamilton Lane becomes first asset manager to launch a fund on Solana blockchain #blockchain #ecosystems ❓What else happened? Gradually then suddenly...

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Sygnum Secures Liechtenstein Crypto License, Eyes EU Expansion under MiCA https://lnkd.in/dqjF5R6c #Sygnum #CryptoLicense #Liechtenstein #MiCA #EUCryptoRegulation #BlockchainBanking #DigitalAssets #CryptoExpansion #RegulatedCrypto #FinTechInnovation

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NTM Token Now Supports TON Network on CoinMarketCap! Friends, we have great news! The NTM token now supports an additional network — TON (The Open Network) — on CoinMarketCap! 📍 What does this mean for you? Now you won’t lose track of our token's smart contract addresses. Simply visit the NTM token page on CoinMarketCap https://lnkd.in/eiTCMakr and in the Contracts section, you will see two networks: 1️⃣ BSC (Binance Smart Chain) 2️⃣ TON (The Open Network) 💡 This makes it even easier and more transparent to work with our token. You can now easily find all necessary contract information for both networks in one place. 👉 Add the NTM token to your Watchlist! To do so, go to the token's page: https://lnkd.in/eiTCMakr And click the ⭐️ star next to the name. 🔗 Your smart contracts are now always at hand. Let’s keep growing together! 🚀

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Blum is revealing what we are going towards to Check out the video: https://lnkd.in/eYjhasEr

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Stablecoin > sh*tcoins Memecoins have grabbed the attention, but the real innovation & adoption is happening around stablecoins! "Stablecoins are here to stay, and how the ecosystem evolves will redefine financial services for everyone, everywhere.” Check out my latest article for Cointelegraph

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i think i wish for christmas a plugin that works with either my metamask wallet and or a private key where i will top up my funds via FIAT to Wallet as we go for the investment. 1. search for opportunity 2. top up wallet EUR to EURe or if denominated USDC then quick swap on chain EURe to USDC 3. interact with smart contract (e.g that your wallet is already verified to deal with on chain products verified by a trusted on chain party which is trusted by the issuer as well) 4. get back dividends/interest into wallet and auto route it to FIAT if i want also easier to track portfolio vs 10 broker UIs....

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