Crypto Market Pulse: 💰Average BTC deposit to exchanges reached a one-year high of 1.23 on November 23 💸 State of Texas acquired $5 million in BlackRock’s IBIT ⛓️ Amundi tokenized one of its money market funds on Ethereum The details 👇 https://lnkd.in/g_umBdcj
Vaulternity
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The blend of on-chain activity and institutional adoption in this update really highlights where the industry is heading.
Texas buying in, Amundi going tokenized… the lines between traditional finance and crypto keep blurring.
When Texas buys Bitcoin ETFs and Amundi tokenizes its fund, it's no longer news, but a clear trend. Old institutions are putting on new digital suits. The most interesting question is: what is the real purpose of these record BTC deposits on exchanges? 👀#Tokenization #InstitutionalCrypto #Bitcoin