Coindesk

HONG KONG – Investors in Europe can now get direct exposure to the CoinDesk 20, an index representing the largest crypto assets, thanks to a new exchange-traded product (ETP) from WisdomTree launched at Consensus Hong Kong.“The launch of the first CoinDesk 20 ETP with WisdomTree is a defining moment for digital asset investing in Europe," Alan Campbell, President of CoinDesk Indices, said in a release. "The CoinDesk 20 provides institutional investors with a streamlined way to access the largest digital assets beyond Bitcoin."WisdomTree's Physical CoinDesk 20 ETP (WCRP) offers exposure to the digital assets listed on the CoinDesk 20, in a similar way to other ETPs that offer exposure to traditional finance's S&P 500 or the NASDAQ.WCRP is listed on...

U.S. president Donald Trump shared an XRP-related article on social media platform Truth Social on Tuesday, stoking excitement and speculation among the XRP community.The article, published by CoinDesk in January, revealed how Ripple CEO Brad Garlinghouse experienced an uptick in U.S. deals and hiring efforts following Trump's election victory in November.The post generated 6.3K likes and 268 replies, the majority of which uttered phrases like "XRP to the moon" and discussed how XRP should become the currency that underpins a potential U.S. crypto reserve.The XRP token remained fairly muted at $2.53 after the post, although trading volume is up by 26% in 24 hours to $5.5 billion, according to CoinMarketCap.The post comes as the Elon Musk-led Department of Government Efficiency...

The latest frenzy that started with U.S. President Donald Trump's TRUMP memecoin launch and saw traders making and losing millions within minutes, might have finally come crashing down with the LIBRA token fiasco.LIBRA, a Solana-based project that President of Argentina Javier Milei tweeted about on Feb. 14, saw its market cap rise as high as $4.5 billion and then fall more than 80% within a couple of hours as insiders cashed out, leaving many bag holders with massive losses.The story became an international and political incident over the weekend when in the last couple of days, Milei deleted his original tweet, denied his endorsement and accused the political opposition of mischief. This eventually led to talks of his impeachment and...

The crypto ecosystem has come a long way since the implosion of Sam Bankman Fried's FTX destroyed billions in investor wealth in 2023. However, the industry as a whole needs to more to become bullet proof, said TradFi experts at the "Views From Wall Street to Crypto" event held at Consensus Hong Kong on Wednesday."You have traditional players who have come into the space now, especially for us, most of our trading happens of exchange settlement, where you actually keep your assets on custodians while you are able to trade on exchanges," Gautam Sharma, CEO and CIO of Brevan Howard said. "So the technology has come far ahead in terms of the last 18 months since then, there's more...

HONG KONG - Quant-driven digital assets trading firm TDX Strategies has teamed up with CoinDesk Indices for its latest offering: structured products linked to the CoinDesk 20 Index (CD 20), the company announced at Consensus Hong Kong.The collaboration will provide investors with a sophisticated solution to prioritize both growth and risk management while navigating the burgeoning digital assets market, said TDX Chief Executive Officer Dick Lo."Our new offering allows investors to gain diversified exposure and participate in the growth of the digital asset market while maintaining a balanced risk profile. This sets a new standard in digital asset investment solutions," Lo said."By integrating the CoinDesk 20 Index into our existing product suite, TDX Strategies continues to redefine the structured product...