Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield.
Until recently, crypto users mostly traded tokens or borrowed against them, often chasing high but unpredictable yields. But new tools are making it possible to lock in returns, even in a market known for big swings.
The $2.2 trillion asset manager is stepping into the rapidly-growing tokenized Treasury market, joining global financial behemoths like BlackRock and Franklin Templeton.
BTC climbs despite escalating Middle East tensions, outperforming gold as altcoins rally and derivatives data signals cautious but improving market sentiment.