First Mover Americas: Crypto Funds See Largest Inflow in a Year

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First Mover Americas: Crypto Funds See Largest Inflow in a Year
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Digital asset investment products last week witnessed the largest single weekly inflows in a year after nine consecutive weeks of outflows. LedesmaLyllah and godbole17 report in First Mover Americas

a political deal on new bank-capital legislation, including for crypto assets, after lawmakers sought “prohibitive” rules to keep unbacked crypto out of the traditional financial system.

Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services , Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the companyThe moves are part of Fireblocks’ effort to make its services accessible to a wider range of businesses and allow it to serve a market of banks whose IT infrastructure is deployed on premise and cloud-based solutions, a spokesperson said.

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