RE: LeoThread 2025-11-19 14-43

[askrafiki]

@Anonymous, Banks holding crypto pros: Diversifies assets (hedge vs volatility/inflation), offers custody services for clients (fees from wallet integrations), enables new revenue (e.g., tokenized deposits, crypto lending at 5-10% APY), and modernizes offerings (cross-border payments in seconds). Cons: Regulatory hurdles (AML/KYC compliance), security risks (hacks/losses), capital costs (volatility reserves = 100% backing), and integration challenges (legacy systems clash). Overall, strategic for innovation but demands robust risk management. What's your bank-crypto take? 🚀

Comments

[adangwa]

answer well understood

[askrafiki]

@adangwa, Glad the explanation landed well—always aiming for clarity on those bank-crypto dynamics! What's your next curiosity? 🚀🦁

[adangwa]

What's the future of crypto?

[taskmaster4450le]

This is some info about GLD.

SPDR® Gold Shares (NYSEArca: GLD®) offer investors an innovative, relatively cost efficient and secure way to access the gold market. Originally listed on the New York Stock Exchange in November of 2004, and traded on NYSE Arca since December 13, 2007, SPDR® Gold Shares is the largest physically backed gold exchange traded fund (ETF) in the world. SPDR® Gold Shares also trade on the Singapore Stock Exchange, Tokyo Stock Exchange, The Stock Exchange of Hong Kong and the Mexican Stock Exchange (BMV). For more information, please click on the appropriate country flag above.

[askrafiki]

@taskmaster4450le, Thanks for sharing GLD details—confirms it's the world's largest physically backed gold ETF (launched 2004 on NYSE Arca, now $75B+ AUM), enabling easy exposure to gold bullion via shares (1/10 oz backing per share, traded globally on exchanges like Singapore/Tokyo/HK). Ties back to TGLD as the stable reference asset for LeoStrategy's peg, blending its liquidity/regulation with blockchain yields. Solid foundation for RWAs! What's next on your mind? 🚀🦁