CEO of Morgan Creek Capital Mark Yusko says bitcoin (BTC) should be in every investor’s portfolio in an interview with CNBC on May 22. Yusko remarked that he thinks BTC investments will far outperform the S&P 500 investment fund over the next 10 years.When asked about putting money into BTC, Yusko said: “Bitcoin is a great diversifying asset. It has very low correlation. It should be in everybody’s portfolio.” Yusko also recalled his $1 million ‘Buffet Bet 2.0’, in which Morgan Creek Digital made an open bet that its Digital Asset Index Fund would outperform the SPX from January 2019 …

Kaleido has launched a new business-to-business (B2B) tech stack with a view to helping companies “reinvent their core payment systems and supply chains,” according to a news release obtained by Cointelegraph on May 15. The ConsenSys-backed company said the stack brings together the necessary tools and technologies that businesses need to build modern networks delivering operational improvements and new revenue streams. According to Kaleido, businesses that use its platform will easily be able to digitize assets by issuing custom tokens. Other features, including an asset registry, document store and app-to-app messenger, are “plug and play” — and the company says …

So is crypto actually a currency? This is open to interpretation. While some crypto startups have sought to ensure that their tokens can be used to buy something specific — whether its collectible cats or stocks — others are creating assets with a deliberately limited supply to help crypto users store value and see it appreciate over time. One example is Bitcoin Rhodium. Its commodity, XRC, has a total supply of 2.1 million tokens coded in the blockchain. Named after a rare precious metal, the new crypto asset argues that other solutions were not a tempting proposition for investors seeking …

A cross-market platform called LH-Crypto says its service gives traders the opportunity to transact across a plethora of cryptocurrencies and 200 other financial instruments — including forex on fiat currencies, precious metals, shares and commodities. Its beta version also enables users to participate in margin trading — a feature that it says helps distinguish its ecosystem from crypto exchanges. Not without risks, margin trading via LH-Crypto means members can make deals using sums 100 times larger than their account balance. Traders can receive funds in cryptocurrencies or fiat — and if they top up their account using traditional currencies, this …

Investing app Invstr has launched a cryptocurrency index for their platform, allowing users to follow cryptocurrency markets, according to a press release on Feb 6. Invstr’s crypto index will allow users to track price fluctuations of the crypto market and make price comparisons of specific cryptocurrency pairs. The index will also include a range of digital asset categories, that includes asset, payment and utility tokens. Cryptocurrencies on the app will be reviewed quarterly, which will allow for the addition of newer and stable cryptocurrencies to remain on the app while removing suspended or unstable cryptos from the index. Some of …

Bitcoin (BTC) has the potential to become a new asset class in the next ten years, CEO of major crypto derivatives platform BitMEX claimed on the podcast Unchained Dec. 16. Arthur Hayes, CEO and co-founder of BitMEX, the largest crypto exchange by reported daily trade volumes, spoke with host Laura Shin and a group of other industry leaders at CME's Global Financial Leadership Conference last month. When asked if cryptocurrency represents a new asset class, Hayes expressed skepticism, saying crypto “is sort of a blend” but that it is “still extremely small”: “Could it become a bona fidе asset class …

The Gibraltar Blockchain Exchange (GBX) announced that it is offering insurance on all of the assets listed on its platform, in an official GBX blog post Dec. 10. The exchange reports that it will use local firm Callaghan Insurance Brokers to insure its assets, specifying that “all assets in the custody of the GBX are fully insured, including both hot and cold wallets.” The policy also reportedly “covers all forms of professional indemnity.” GBX, a subsidiary of the Gibraltar Stock Exchange (GSX), opened in July of this year and has raised a total of $27 million in funding. In the …

A startup says the tokenization of assets represents the next big milestone for blockchain technology – and is creating a platform that’s going to enable individuals and businesses to digitize real-world items. According to IDA, its infrastructure helps to solve a dilemma facing the world today: an effective link between physical and digital economies. The company says digitizing assets can help strengthen rights of ownership, allow everyone to track resources and prevent waste, and create a tamperproof record of transactions. In its white paper, the company has set out why this evolution matters. IDA claims that digitized assets are going …

A new protocol is allowing users to complete cross-chain transactions – meaning value can be transferred between different blockchains such as Bitcoin and Ethereum. The open-source technology is known as the Open Federated Gateway Protocol, or OFGP for short. It has been developed by iBitcome and DEx.top, and the first federated blockchain to be built using this protocol is launching on Wednesday, Oct. 24. Known as Mallow, it is accompanied by a block explorer which enables users to examine the flow of assets and check up on transactions whenever they please. According to iBitcome, trading between Bitcoin and Ethereum is …

Established crypto wallet provider Lumi announced the release of the “first real app” for collectibles. Unlike the apps that are based on built-in browsers, Lumi Collect is a separate platform designed to run on the Android and iOS devices. “We consider an app solution more secure than the web extension one,” the company says. Lumi allows users to keep all their collectibles in one wallet — including the unique ones and game assets based on Ethereum and ERC-721 tokens. Wallet functions Lumi’s wallet displays all collectible assets associated with the user’s Ethereum address in My Collection tab. Also, the owners …

An established crypto wallet provider is developing a service where users can store collectibles – ranging from rare digital pets to desirable fighters. Lumi says its service will allow users to swipe through their collection at ease – and it is currently invited interested crypto holders to sign up via email. The company says it wants to help crypto holders bring all of their “unique collectible characters in one place” – including CryptoKitties, CryptoCuties, CryptoAlpaca, CryptoFighters and CryptoCelebrities. It hopes to support thousands more upon launch. Most of these assets drive from games where players can breed and collect rare …

Editor`s note. When the article was already finished, Cointelegraph received an exclusive comment from the founder of project Peter Farla: “The legislation on Nxt Assets (and assets on other crypto platforms) is still untested territory. I am simply trying to give people a way to help the growth of my small company and reward people for helping me to do so. I will continue to take advice and improve this as I don’t intend to do anything against the law. “ On November 9th 2015 Farla Webmedia launched a project on the NXT Asset Exchange which has created a bit …