BlackRock was the first applicant to announce who will acquire the bitcoin on behalf of BlackRock, which is not legally allowed to purchase the cryptocurrency itself. The asset manager has teamed up with J.P. Morgan and quantitative trading firm Jane Street, a filing shows. Valkyrie has also named Jane Street in addition to Cantor Fitzgerald as AP, another filing shows. Many ETF issuers will likely have multiple authorized participants.
Commerce wars might spur governments to embrace Web3 — Truebit
Escalating commerce wars are rattling cryptocurrency markets — however they're additionally creating new use circumstances for blockchain networks, Truebit executives...
