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Weekly P2P News · May 19, 2024

P2P News - Week of May/13/2024

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Alex Mirran · Weekly P2P News

GardenX releases the Eternal Garden collection selling over 22 ETH worth of physical and digital art.

  • Musicians and artists in the GardenX collection received royalties directly from the sale.

Institutional demand for BTC via Bitcoin ETFs continues to grow with state pension funds and wall street funds disclosing large holdings.

  • The State of Wisconsin Pension fund bought over $160 million worth of shares of IBITc and GBTC between Jan. 1 and March 31, 2024.

  • Millennium Management discloses a $2 billion BTC position via Bitcoin ETFs

  • ARKB dashboard to access BTC holdings.

    • “Our dashboard is designed for transparency, showing the total bitcoin holdings of ARKB. While we aim for openness, security is key.”

The US Senate has voted against SAB 121.

  • SAB 121 was a controversial SEC crypto policy requiring a company keeping a customer's cryptocurrencies to record them on its own balance sheet.

The Depository Trust and Clearing Corporation will pilot a Chainlink Oracle within a Fund tokenization program

  • The DTCC is the world’s largest financial asset settlement system

  • “The pilot found that by delivering structured data on-chain and creating standard roles and processes, foundational data could be embedded into a multitude of on-chain use cases, such as tokenized funds and ‘bulk consumer’ smart contracts, which are contracts that hold data for multiple funds,”

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