Morgan Stanley CFO Sharon Yeshaya says the bank is eyeing a "tokenized world" where blockchain technology allows client assets and liabilities to move more efficiently across its wealth management platform.
The project would burn 4.5 billion tokens while beginning to vest 40.7 billion tokens for founders and the team, restructuring locks that were originally set to be indefinite.
The broker said prediction markets are scaling into a trillion-dollar asset class, driven by regulatory clarity, crypto rails and distribution via major trading platforms.
Arkham data shows 572 BTC moved from Gemini's hot wallet to Winklevoss custody addresses in two transactions in 17 hours, reversing part of last month's $128.5 million deposit.
DoubleZero is launching a private fiber network to eliminate unfair millisecond advantages in crypto trading, aiming to bring the same level of fairness found in traditional stock exchanges.