24/7 Tokenized stock trading, crypto mortgages, and 'stretch' (Crypto Series Part XXXVIII)
This is part 38 of the crypto series. In this episode we provide an update on the stalemate with crypto legislation and how that is affecting the price of Bitcoin and other cryptocurrencies. We also look at Fannie Mae agreeing to accept crypto-backed mortgages in conjunction with Better Home & Finance and Coinbase. Nasdaq is partnering with Kraken to develop a plan for 24/7 tokenized stock trading. The hottest crypto trade right now is 24/7 oil futures, which is being offered by cryptocurrency exchange Hyperliquid. Strategy is now offering preferred issues called ‘stretch’. This new product…
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