🚀 Tokenized Stocks Unlikely to Impact ETF Market Share Significantly
#TokenizedStocks #ETFs #CryptoAssets #MarketShare #TraditionalMarket #CryptoNative
According to PANews, Bloomberg's senior ETF analyst Eric Balchunas has stated that allowing crypto-native users to purchase traditional assets in their preferred 'token' form is akin to enabling regular investors to buy crypto assets in a familiar format, such as ETFs. However, he noted that the traditional market has a larger capital base, suggesting that tokenized stocks will have a limited impact on the market share of ETFs.#TokenizedStocks #ETFs #CryptoAssets #MarketShare #TraditionalMarket #CryptoNative
🚀 YZi Labs Makes Follow-On Investment in Predict.fun, Joined by Susquehanna Crypto
#YZiLabs #FollowOnInvestment #Predictfun #CryptoNative #PredictionMarket #BNBChain #SusquehannaCrypto #EASYResidency #IncubationProgram #CumulativeTradingVolume #CryptoInvestment #MarketExpansion #AsianMarkets #ProbableAcquisition #PancakeSwap
According to YZi Labs' post on X, the $10 billion venture investment vehicle has made a strategic follow-on investment in Predict.fun, a crypto-native prediction market platform on BNB Chain, with Susquehanna Crypto participating as a co-investor. Financial terms were not disclosed. The investment follows Predict.fun's graduation from EASY Residency Season 2, YZi Labs' incubation program. The platform has self-reported $1.8 billion in cumulative trading volume, more than 130,000 users, over 4 million orders matched, and more than $20 million in assets actively earning yield. In March, Predict.fun acquired Probable, a prediction market previously incubated by PancakeSwap and YZi Labs, to expand distribution in Asian markets.#YZiLabs #FollowOnInvestment #Predictfun #CryptoNative #PredictionMarket #BNBChain #SusquehannaCrypto #EASYResidency #IncubationProgram #CumulativeTradingVolume #CryptoInvestment #MarketExpansion #AsianMarkets #ProbableAcquisition #PancakeSwap