See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In the juridical documents<\/a> accompanying the issuance, the number of DFAs to be issued by the bank is 150,000. The application window has been open since December 9th, and placement of the digital assets will begin on June 30th, 2023.<\/p>\n\n\n\n The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In the juridical documents<\/a> accompanying the issuance, the number of DFAs to be issued by the bank is 150,000. The application window has been open since December 9th, and placement of the digital assets will begin on June 30th, 2023.<\/p>\n\n\n\n The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to Alexander Vedyakhin, first deputy chairman of the Executive Board at Sberbank, ''The deal demonstrates that the market and the real economy are interested in the new instrument, which may be a great alternative to investments amid de-dollarization. We expect the number of corporate clients on our platform to grow rapidly and plan to expand the product line of digital financial assets.\"<\/em><\/p>\n\n\n\n In the juridical documents<\/a> accompanying the issuance, the number of DFAs to be issued by the bank is 150,000. The application window has been open since December 9th, and placement of the digital assets will begin on June 30th, 2023.<\/p>\n\n\n\n The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Russian Legislators Propose A National Cryptocurrency Exchange<\/a><\/p>\n\n\n\n According to Alexander Vedyakhin, first deputy chairman of the Executive Board at Sberbank, ''The deal demonstrates that the market and the real economy are interested in the new instrument, which may be a great alternative to investments amid de-dollarization. We expect the number of corporate clients on our platform to grow rapidly and plan to expand the product line of digital financial assets.\"<\/em><\/p>\n\n\n\n In the juridical documents<\/a> accompanying the issuance, the number of DFAs to be issued by the bank is 150,000. The application window has been open since December 9th, and placement of the digital assets will begin on June 30th, 2023.<\/p>\n\n\n\n The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
On its website, Sber has described DFAs as digital financial instruments based on a distributed ledger<\/a>. The digital assets are certifying monetary rights, where the price and volume are pegged to the price of gold. The financial institution is hopeful that the tokenized asset<\/a> will find use cases in the market and is ideal for diversifying its balance sheet.<\/p>\n\n\n\n See Related:<\/em><\/strong> Russian Legislators Propose A National Cryptocurrency Exchange<\/a><\/p>\n\n\n\n According to Alexander Vedyakhin, first deputy chairman of the Executive Board at Sberbank, ''The deal demonstrates that the market and the real economy are interested in the new instrument, which may be a great alternative to investments amid de-dollarization. We expect the number of corporate clients on our platform to grow rapidly and plan to expand the product line of digital financial assets.\"<\/em><\/p>\n\n\n\n In the juridical documents<\/a> accompanying the issuance, the number of DFAs to be issued by the bank is 150,000. The application window has been open since December 9th, and placement of the digital assets will begin on June 30th, 2023.<\/p>\n\n\n\n The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
On its website, Sber has described DFAs as digital financial instruments based on a distributed ledger<\/a>. The digital assets are certifying monetary rights, where the price and volume are pegged to the price of gold. The financial institution is hopeful that the tokenized asset<\/a> will find use cases in the market and is ideal for diversifying its balance sheet.<\/p>\n\n\n\n See Related:<\/em><\/strong> Russian Legislators Propose A National Cryptocurrency Exchange<\/a><\/p>\n\n\n\n According to Alexander Vedyakhin, first deputy chairman of the Executive Board at Sberbank, ''The deal demonstrates that the market and the real economy are interested in the new instrument, which may be a great alternative to investments amid de-dollarization. We expect the number of corporate clients on our platform to grow rapidly and plan to expand the product line of digital financial assets.\"<\/em><\/p>\n\n\n\n In the juridical documents<\/a> accompanying the issuance, the number of DFAs to be issued by the bank is 150,000. The application window has been open since December 9th, and placement of the digital assets will begin on June 30th, 2023.<\/p>\n\n\n\n The Issue Resolution has outlined risks related to the DFAs, cautioning the possibility of losing part or all of one's investment. Some of them include market risks that could change the value of the DFA, a lack of liquidity<\/a>, and bankruptcy risks.<\/p>\n","post_title":"Top Russian Bank Issues First Gold-Backed DFAs With Major Metal Processor","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"top-russian-bank-issues-first-gold-backed-dfas-with-major-metal-processor","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/\nhttps:\/\/www.thedistributed.co\/tokenized-assets\/","post_modified":"2023-04-10 17:51:28","post_modified_gmt":"2023-04-10 07:51:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9086","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Will Russian Banks Blocked From SWIFT Turn To Crypto?<\/a><\/p>\n\n\n\n On its website, Sber has described DFAs as digital financial instruments based on a distributed ledger<\/a>. The digital assets are certifying monetary rights, where the price and volume are pegged to the price of gold. The financial institution is hopeful that the tokenized asset<\/a> will find use cases in the market and is ideal for diversifying its balance sheet.<\/p>\n\n\n\n
ADVERTISEMENT
\n
ADVERTISEMENT
\n
\n
ADVERTISEMENT
\n
\n
ADVERTISEMENT
\n
\n
\n
ADVERTISEMENT
\n
\n
\n
ADVERTISEMENT
\n
\n
\n
\n
ADVERTISEMENT
\n
\n
\n
\n
ADVERTISEMENT
\n
\n
\n
\n
ADVERTISEMENT
\n
\n
\n
\n
ADVERTISEMENT
Issuance Dates And DFAs' Investment Risks<\/h2>\n\n\n\n
\n
\n
\n
\n
ADVERTISEMENT
Issuance Dates And DFAs' Investment Risks<\/h2>\n\n\n\n
\n
\n
\n
\n
ADVERTISEMENT
Issuance Dates And DFAs' Investment Risks<\/h2>\n\n\n\n
\n
\n
\n
\n
ADVERTISEMENT
Issuance Dates And DFAs' Investment Risks<\/h2>\n\n\n\n
\n
\n
\n
\n
ADVERTISEMENT
\u2018Certifying Monetary Rights\u2019 Pegged to the Price of Gold<\/h2>\n\n\n\n
Issuance Dates And DFAs' Investment Risks<\/h2>\n\n\n\n
\n
\n
\n
\n
ADVERTISEMENT
\u2018Certifying Monetary Rights\u2019 Pegged to the Price of Gold<\/h2>\n\n\n\n
