Cumberland

Congratulations to RD Technologies on their successful admission to the Stablecoin Issuer Sandbox of the Hong Kong Monetary Authority (HKMA)! This significant milestone speaks volumes about your dedication, hard work, and commitment to innovation in the industry. We are excited about the opportunities this opens up for our continued collaboration. #RDTechnologies #HKDRStablecoin

Paul Kremsky of Cumberland on Hashnote's USYC - “Basically, it's a fund, a very TradFi, boring, excuse me, Leo [Leo Mizuhara], fund sitting with your reserves at a quality custodian. And that fund just happens to be tokenized by a regulated asset manager. And there's no layers in between. It's very clean, it's very simple. And then that product is also integrated throughout crypto so that it is actually very, very useful.”

Discover Nathalie’s journey from traditional banking to a dynamic role at Cumberland, the exciting day-to-day work involved as a Relationship Manager, and how she stays ahead of market trends to tailor services for diverse institutional counterparties. Learn more at https://lnkd.in/gq_cUPua   #tradfi #crypto #cumberlanddrw

We are pleased that the New York State Department of Financial Services has granted Cumberland New York a BitLicense. We are deeply committed to working with regulators to obtain proper, necessary licensing and ensuring our business is compliant and aligned with regulatory requirements. As one of the only principal trading firms to hold a BitLicense, we look forward to strong trading relationships with institutional New York counterparties. Learn more: https://brnw.ch/21wKNmC

In our latest article we dive into the implications of MiCA for exchanges offering stablecoins in the EU. Learn more about how MiCA impacts exchanges & stablecoins at https://lnkd.in/ddVdHikc This marketing communication has been published by Membrane Finance Oy, an EMI registered in Finland. As of the date of this marketing communication, the crypto-asset white paper has not been published, pending ESMA action. Holders of EUROe have the right of redemption against the issuer at any time and at par value. Issuer contact details: Web: euroe (dot) com | Email: info (at) euroe (dot) com | Tel: +358‭ 10 348 7210‬

Discover how the upcoming MiCA regulations in Europe could reshape the stablecoin landscape, impacting exchanges and paving the way for EUR-based stablecoins: https://brnw.ch/21wKCY1

Despite ETH's +65% YTD performance, Ethereum Layer 2 tokens are underperforming. Key factors include oversupply from unlocks, increased investable options, and a lack of strong moats. Read our commentary for more: https://brnw.ch/21wKoRv

Explore the potential approval of the Ethereum ETF and its implications for ETH prices, market trends, and regulatory shifts in the crypto industry by reading our latest commentary: https://brnw.ch/21wK2DI

Next week, you can hear from Global Head of Cumberland and Partner at DRW Chris Zuehlke who will speak on "How ETFs are Reshaping the Bitcoin Market” at #Consensus2024. You can also catch Chris at The Tie's #InnovateAustin, where he’s speaking on “What’s Needed for Institutions to Get Comfortable Operating On-Chain.” Please reach out to rm@cumberland.io if you plan to be in Austin as we'd love to connect with you.

Cumberland's very own Paul Kremsky will be sharing his insights on digital asset adoption in Asia. Discover the driving forces behind the robust growth and how value-driven projects are shaping the future. Register today 👉 https://brnw.ch/21wJvQI