Wall Street and Crypto Move to Compete for the Same Markets

Wall Street and Crypto Move to Compete for the Same Markets

Crypto’s boundary with traditional finance is getting harder to define—fast. This week’s Crypto Biz roundup highlights a shared push by crypto firms and legacy institutions toward the same battleground: stable value transfer, tokenized assets, and the plumbing that moves money and securities. From Binance deepening its USDC relationship with Circle to Canada’s largest banks testing [...]

Crypto Biz: Wall Street and crypto fight for the same turf

Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs.

Crypto Goes to Wall Street, Wall Street Goes Crypto

Crypto and TradFi platforms are converging rapidly, and the convergence is happening in both directions. For retail traders, the important shift is that the distinction between a crypto account and a brokerage account is starting to disappear.One of the best examples of a crypto platform becoming a multi-asset brokerage is Coinbase, which is moving beyond spot crypto into crypto derivatives, prediction markets, stablecoin payments, tokenised ass…