In this week’s episode of Yahoo Finance Future Focus, Brian McGleenon engages in a discussion with Zodia Markets CEO Usman Ahmad, focusing on the shifting market sentiment towards ethereum as investors anticipate the potential inclusion of ether in a spot exchange-traded fund (ETF). Ahmad highlights the market’s initial focus on the approval of spot bitcoin…
In this week’s episode of Yahoo Finance Future Focus, Brian McGleenon engages in a discussion with Zodia Markets CEO Usman Ahmad, focusing on the shifting market sentiment towards ethereum as investors anticipate the potential inclusion of ether in a spot exchange-traded fund (ETF). Ahmad highlights the market’s initial focus on the approval of spot bitcoin ETFs, preceding ethereum’s emergence as a frontrunner for the next ETF approval. The Zodia Markets CEO also discusses the recent approval of spot bitcoin ETFs and the subsequent sell-off, expressing confidence in long-term stabilisation and positive trends for bitcoin’s price action.
Additionally, the conversation delves into the macroeconomic perspective, with the Zodia Markets CEO addressing the possibility of a rate pause and its potential impact on investor confidence in capital allocation strategies, particularly for risk assets like bitcoin.
Capital to accelerate international growth and evolve stablecoin payment solutions.
Official announcement from Zodia Markets on the launch of Standard Chartered’s UK based digital asset desk.
This marks a significant moment in the evolution of digital asset adoption.
This new infrastructure allows Zodia Markets to offer clients significantly faster USD settlement times, enabling real-time fund transfers within Asian market hours, without relying on the U.S. Fedwire operating window.
Brian McGleenon 14 June 2024·4-min read BlackRock (BLK) is leading the charge in the mass tokenisation of real-world assets on blockchains, according to Zodia Markets Ireland chair Michael Walsh.
The deal will strengthen Zodia Markets’ over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.
The Securities and Exchange Commission is expected to follow the strategy employed in approving spot bitcoin exchange-traded funds for spot Ethereum ETFs, starting with rejections and ultimately granting approval on the initial final deadline on May 23, according to Standard Chartered Bank.
