Wednesday Jul 24, 2024
Institutional Crypto Adoption Surges as Kraken Expands Custody and Hamilton Lane Launches Solana Fund
In this episode, we discuss the growing institutional demand for crypto OTC spot transactions and how Kraken is expanding its custody solution to the UK and Australia to meet this demand. Hamilton Lane launches a private credit fund on the Solana blockchain, while State Street explores stablecoins and deposit tokens. We also hear from Gold-i's CEO on the convergence of crypto and FX liquidity.
Sources:
https://fortune.com/crypto/2024/07/23/hamilton-lane-becomes-first-asset-manager-to-launch-a-fund-on-solana-blockchain/
https://channellife.com.au/story/kraken-custody-expands-to-institutional-clients-in-uk-australia
https://www.blockhead.co/2024/07/18/tradfi-giant-state-street-eyes-crypto-future-with-stablecoins-deposit-tokens/
https://crypto.news/crypto-otc-spot-trades-boomed-95-in-h1-2024-report/
https://www.financemagnates.com/cryptocurrency/you-wont-believe-how-much-institutional-crypto-trading-has-exploded-in-2024/
Outline:
(00:00:00) Introduction
(00:00:33) Hamilton Lane launches private credit fund on Solana blockchain
(00:02:09) Kraken expands custody solution to UK and Australia
(00:04:52) State Street explores stablecoins and deposit tokens
(00:06:55) Institutional demand for crypto OTC spot transactions surges
(00:08:55) Gold-i CEO discusses crypto and FX liquidity convergence