Cumberland

We’ll be in Singapore for TOKEN2049. Please reach out to rm@cumberland.io if you plan to attend as we’d love to connect with you.  

Partner at DRW and Global Head of Cumberland Chris Zuehlke will take the stage next week at the 2024 Wyoming Blockchain Symposium. He will join panelists to discuss the future of financial market structure, and how building institutional-quality digital infrastructure can help accelerate adoption. Learn more about the event: https://lnkd.in/efxmpNv3

“You never want to think about what happens in the best-case scenario, but with stable coins, you want to think about what happens on a really bad day,” shared Paul Kremsky of Cumberland in a recent conversation with Nicholas Robnett of Paxos and Leo Mizuhara of Hashnote, with Tama Churchouse as a moderator. #RWA

Congratulations to RD Technologies on their successful admission to the Stablecoin Issuer Sandbox of the Hong Kong Monetary Authority (HKMA)! This significant milestone speaks volumes about your dedication, hard work, and commitment to innovation in the industry. We are excited about the opportunities this opens up for our continued collaboration. #RDTechnologies #HKDRStablecoin

Paul Kremsky of Cumberland on Hashnote's USYC - “Basically, it's a fund, a very TradFi, boring, excuse me, Leo [Leo Mizuhara], fund sitting with your reserves at a quality custodian. And that fund just happens to be tokenized by a regulated asset manager. And there's no layers in between. It's very clean, it's very simple. And then that product is also integrated throughout crypto so that it is actually very, very useful.”

Discover Nathalie’s journey from traditional banking to a dynamic role at Cumberland, the exciting day-to-day work involved as a Relationship Manager, and how she stays ahead of market trends to tailor services for diverse institutional counterparties. Learn more at https://lnkd.in/gq_cUPua   #tradfi #crypto #cumberlanddrw

We are pleased that the New York State Department of Financial Services has granted Cumberland New York a BitLicense. We are deeply committed to working with regulators to obtain proper, necessary licensing and ensuring our business is compliant and aligned with regulatory requirements. As one of the only principal trading firms to hold a BitLicense, we look forward to strong trading relationships with institutional New York counterparties. Learn more: https://brnw.ch/21wKNmC

In our latest article we dive into the implications of MiCA for exchanges offering stablecoins in the EU. Learn more about how MiCA impacts exchanges & stablecoins at https://lnkd.in/ddVdHikc This marketing communication has been published by Membrane Finance Oy, an EMI registered in Finland. As of the date of this marketing communication, the crypto-asset white paper has not been published, pending ESMA action. Holders of EUROe have the right of redemption against the issuer at any time and at par value. Issuer contact details: Web: euroe (dot) com | Email: info (at) euroe (dot) com | Tel: +358‭ 10 348 7210‬

Discover how the upcoming MiCA regulations in Europe could reshape the stablecoin landscape, impacting exchanges and paving the way for EUR-based stablecoins: https://brnw.ch/21wKCY1

Despite ETH's +65% YTD performance, Ethereum Layer 2 tokens are underperforming. Key factors include oversupply from unlocks, increased investable options, and a lack of strong moats. Read our commentary for more: https://brnw.ch/21wKoRv