RedStone co-founder Marcin Kaźmierczak says banks are splitting RWA infrastructure between private networks like Canton and public chains such as Ethereum. Institutional adoption of real-world assets (RWAs) is splitting between public and permissioned networks, exposing a divide between the liquidity advantages of blockchains like Ethereum and the privacy demands driving systems such as Canton Network. The divergence is becoming more pronounced as tokenized assets gain traction among major asset managers. Marcin Kaźmierczak, co-founder of blockchain oracle provider RedStone, said product development is likely to occur on public blockchains, while permissioned systems are better suited for institutional processes that require confidentiality. Read more
The purchase brings Strategy’s total Bitcoin reserves to nearly 739,000 BTC despite the asset trading below the company’s average acquisition price. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another large tranche of BTC to its holdings last week, pushing total reserves above 738,000 BTC. Saylor’s Strategy acquired 17,994 Bitcoin (BTC) for $1.28 billion last week, according to a US Securities and Exchange Commission filing on Monday. The purchase marks the largest BTC acquisition made by Strategy since January, when it acquired 22,305 BTC for $2.13 billion at an average price of $95,284 per BTC. Read more