Over 13K institutions exposed to Strategy as Saylor hints at BTC buy

Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase by Strategy and said that more than 13,000 institutions now have direct exposure to the company. The company’s most recent acquisition of 3,459 BTC, valued at over $285 million at the time of purchase, on April 14, brought Strategy’s total holdings to 531,644 BTC,…

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Why institutions are hesitant about decentralized finance — Shibtoshi

Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and legal accountability. The DeFi founder told Cointelegraph that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information,…

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Chainlink Releases ‘Digital Asset Sandbox’ for Financial Institutions

July 18: Chainlink, the blockchain oracle project, announced the launch of the Chainlink Digital Assets Sandbox (DAS), “designed to accelerate digital asset innovation within financial institutions.” According to the team: “The Chainlink DAS is the ideal solution for financial institutions that want to quickly innovate and experience the potential of generating new revenue opportunities, increasing…

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