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The telecommunications industry stands at a critical juncture. As global data consumption skyrockets, traditional telecom operators face a perfect storm of challenges: stagnant subscriber growth, costly infrastructure maintenance and an insatiable demand for bandwidth. This capacity crunch is not just a problem for carriers; it's a looming crisis for consumers who increasingly rely on seamless connectivity in their daily lives.The telecom squeezeIn 2024, AT&T projected $4.7 billion in site lease costs. Add in Verizon and T-Mobile, and the annual cost of leases for wireless coverage in the US approaches a staggering $15 billion. As infrastructure costs rise, margins on internet access are projected to rise more slowly for telecom companies. Meanwhile, demand continues to explode, with global data consumption over...

In today’s issue, Miguel Kudry from L1 Advisors breaks down direct ownership of cryptocurrency vs. exchange-traded and wrapped funds and how they are expected to evolve through 2025.Then, Crews Enochs from Index Coop answers questions on the topic in Ask and Expert.– Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.The Lines Between Spot Crypto ETFs and Direct Ownership Will Blur in 2025The year 2024 marked a pivotal moment for the cryptocurrency market with the launch of bitcoin and ether spot exchange-traded funds (ETFs), rapidly becoming some of the fastest-growing ETFs in history. According to various reports, global crypto ETPs amassed over $134 billion in assets...

This week, in a Washington Post op-ed, Robinhood CEO Vlad Tenev called for a new approach to capital markets in the United States. He suggested a number of policies – modernizing accredited investor standards is an old favorite among finance wonks – but one stood out. “here needs to exist a security token registration regime, allowing companies to create token offerings that are open to U.S. investors.” Here, Tenev seizes upon the skeleton key to unlock cryptocurrency’s full potential.Here's how securities markets work in the United States. By default, companies aren’t really allowed to sell equity at all. The Securities Act of 1933 defines securities and prescribes conditions – and penalties – for selling them. If a company wants to...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3829.35, up 1.8% (+68.29) since 4 p.m. ET on Wednesday.Twenty of 20 assets are trading higher.Leaders: LTC (+16.7%) and DOT (+4.8%).Laggards: XRP (+0.1%) and XLM (+0.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Apollo, an investment firm with over $730 billion in assets under management, is offering investors a new tokenized private credit fund with the help of security token specialist Securitize.Accessed via the Apollo Diversified Credit Securitize Fund (ACRED) feeder fund, the token is the first public on-chain offering for accredited investors of Apollo and also the first integration for Securitize with the Solana blockchain, as well as with Ink, a layer-2 network built by the Kraken crypto exchange. Ethereum, Aptos, Avalanche and Polygon are also initial launchpads for the tokenized fund.Apollo Diversified Credit Fund, which has more than $1.2 billion in managed assets, invests in corporate direct lending, asset-backed finance as well as performing, dislocated and structured credit, the firm said....