Wave Financial

Wave Financial’s senior executive team is growing! Please join us in welcoming Nauman Sheikh, our new Head of Protocol Treasury Management. Welcome Nauman!

Many thanks to for hosting an amazing show! We were thrilled Wave's Principal David Roebuck could participate and provide valuable insight into the "How to Invest in the Bitcoin Ecosystem" panel!

Check out Wave's website for more information and our latest company news: https://wavegp.com/

We’re very excited to attend the Miami BTC 2021 conference in person this week!

David Siemer, David Roebuck, Henry Elder, & Les Borsai will be representing Wave.

We hope to see you there!

https://www.nasdaq.com/articles/bitcoin-2021-will-be-the-biggest-bitcoin-event-in-history-2021-05-25

Bitcoin 2021 Will Be The Biggest Bitcoin Event In History Here are some of the key speakers and events that will be taking place at the largest Bitcoin conference in the world!

Check out David Siemer, Wave Financial’s co-founder & CEO, on Bloomberg Radio today providing valuable insight into the future of crypto!

https://www.bloomberg.com/news/audio/2021-06-01/crypto-volatility-fcc-approved-etfs-podcast

Crypto Volatility & FCC Approved ETFs (Podcast) Source: Bloomberg, 05:37

It's been a big week for Wave Financial, check out our latest announcements featured in Yahoo Finance:
1. We have officially surpassed $500 million assets under management
2. Wave is now officially federally regulated by the US Securities & Exchange Commission as a registered investment adviser

https://finance.yahoo.com/news/digital-asset-manager-wave-financial-174200140.html

Digital Asset Manager Wave Financial Crosses $500 Million AUM Landmark Wave Financial LLC (Wave), the Registered Investment Advisor for digital assets, is pleased to announce that it has just crossed $500 million of AUM for the first time since being founded in 2018.

Wave Financial’s Co-Founder and CEO, David Siemer, shares his insights with Business Insider on navigating through the volatility in crypto markets

https://www.businessinsider.com/crypto-crash-bitcoin-bullish-tips-surviving-bear-market-david-siemer-2021-5

The CEO of a $500 million crypto asset manager shares his bear market tips from surviving multiple 70% crashes — and breaks down how his rich clients navigated the latest flash crash Wave Financial's CEO shares why he's still bullish, how his rich clients navigated the crypto flash crash, and tips for surviving bear market moves.

Wave Financial's Co-Founder and President, Benjamin Tsai, discusses in Kiplinger's article reasons behind the dip in digital currencies today

https://www.kiplinger.com/investing/stocks/602822/stock-market-today-051921-quick-crypto-crash-shakes-market

Stock Market Today: Quick Crypto Crash Briefly Shakes Market | Kiplinger Stocks struggled early amid rapid double-digit declines in digital currencies, as well as asset-bubble worries from the ECB, but closed Wednesday with merely mild losses.

Check out Wave Financial’s Senior Trader, Justin Chuh, CFA, share his perspectives on markets today on CoinDesk TV!

https://www.coindesk.com/tv/all-about-bitcoin/all-about-bitcoin-may-17-2021

Bobby Lee on 'The Promise of Bitcoin' As the Energy Debate Heats Up - CoinDesk Crypto pioneer Bobby C. Lee joins "All About Bitcoin" to weigh in on today's top bitcoin stories, including Elon Musk's impact on bitcoin's price, the "Elon Musk" effect and the energy debate. Lee also discusses his upcoming book "The Promise of Bitcoin: The Future of Money and How It Can Work for Y...

Wave Financial’s President International Matteo Dante Perruccio featured in Business Insider's article on Cboe Global Markets application with the SEC to list Fidelity’s ETF

https://markets.businessinsider.com/currencies/news/cboe-fidelity-bitcoin-etf-sec-crypto-exchange-chicago-2021-5-1030416275

Cboe files with the SEC to list Fidelity's bitcoin ETF as the number of firms seeking approval grows Cboe's acknowledgment to be Fidelity's exchange partner moves the SEC application process. Thus far, no US crypto ETF application has been approved.

Wave Financial President International Matteo Dante Perruccio on German and US regulators' tightening focus on the crypto market, “It’s an interesting convergence of traditional financial regulation constricting the adoption of this new asset class..."

https://www.ft.com/content/98f6caf9-f8f9-47de-9cf9-4c2f1aa981aa

German and US regulators tighten focus on booming crypto market Soaring digital asset prices prompt firms to offer products ranging from loans to futures

Sotheby's has announced they will accept major cryptocurrencies, and , as payment in their upcoming auction

https://cointelegraph.com/news/auction-giant-sotheby-s-to-accept-btc-and-eth-as-payment-via-coinbase

Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase Sotheby’s, one of the world’s oldest and biggest auction houses, will be accepting Bitcoin and Ether payments at an upcoming Banksy auction.

Wave Financial’s Senior Trader, Justin Chuh, discusses the rise of Ethereum and role of options markets in digital assets in Forbes' article last week.

https://www.forbes.com/sites/billybambrough/2021/04/30/after-42-billion-earthquake-sends-bitcoin-sharply-higher-investors-brace-for-may-crypto-price-volatility/?sh=51c01d272343&mc_cid=7c6331d699&mc_eid=d93c31cea0

After $4.2 Billion Earthquake Sends Bitcoin Sharply Higher, Investors Brace For May Crypto Price Volatility With the bitcoin price breakout bringing a strong end to the month, traders and investors are closely watching what May could bring...

Matteo Dante Perruccio, President International of Wave Financial, featured in Business Insider's article on the SEC’s pending approval of a ETF in the US.

https://markets.businessinsider.com/currencies/news/bitcoin-etf-sec-approval-us-launch-volatility-market-gensler-2021-4-1030374430

The US is still waiting on its first bitcoin ETF. Here's what experts say the SEC wants to see before giving approval. 'It's no longer 'if' but 'when' and the question of when is probably in 2021,' says one crypt expert about the launch of a bitcoin ETF in the US.

JPMorgan Chase & Co. announced its preparations for a fund, furthering cryptocurrencies’ embrace into the mainstream

https://www.coindesk.com/jpmorgan-to-let-clients-invest-in-bitcoin-fund-for-first-time-sources

JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources - CoinDesk The JPMorgan bitcoin fund could roll out as soon as this summer, sources tell CoinDesk. NYDIG will be the fund's custody provider.

Coinbase announced it will list Tether’s USDT on its professional trading platform, Coinbase Pro

Via CoinDesk Nikhilesh De

https://www.coindesk.com/newly-public-coinbase-lists-tethers-controversial-usdt-for-pro-traders

Coinbase Lists Tether's Controversial USDT for Pro Traders - CoinDesk The move by an ever-regulated Coinbase could be read as vindication for Tether, long criticized as less-than-forthright about its financials.

U.S. House of Representatives passes the Eliminate Barriers to
Innovation Act to bring clarity to U.S. crypto regulations

https://cointelegraph.com/news/congress-passes-digital-asset-innovation-act-to-clarify-crypto-regulations

House passes digital asset innovation act to clarify crypto regulations The U.S. House of Representatives has passed a bill that seeks to bring clarity to cryptocurrency regulation in the United States.

Venmo furthers cryptocurrencies’ move into the mainstream as users can now buy, hold, and sell cryptocurrency on the hugely popular digital payment app

https://www.cnbc.com/2021/04/20/bitcoin-paypals-venmo-launches-cryptocurrency-buying-and-selling.html

Venmo users can now buy and sell bitcoin and other cryptocurrencies Venmo will show users a new feature that lets them invest in four different cryptocurrencies with a minimum spending requirement of $1.

Justin Chuh, Senior Trader at Wave Financial, writes on recent tides in crypto-assets

https://www.entrepreneur.com/article/369764

A Rising (or Falling) Crypto Tide can Lift (or Lower) All Coins Below is a short note on recent tides in BTC and crypto-assets from Justin Chuh, Senior Trader at the regulated digital asset investment manager Wave Financial. Q1 2021 hedge fund letters, conferences and more Short-Lived Highs Bitcoin, ether, and almost every other of the 8,000+ cryptocurrencies in...

Big news in crypto! Canada approves launch of three ETF’s, and will begin trading April, 20th on the Toronto Stock Exchange (TSX)

via CoinDesk Nathan DiCamillo

https://www.coindesk.com/purpose-investments-gets-approval-to-launch-first-ether-etf-in-canada

Canada Approves Three Ethereum ETFs in One Day - CoinDesk The approval comes just over two months after Canada approved its first bitcoin ETF.

Wave Financial portfolio company, CasperLabs, has joined forces with WISeKey S.A.!

“Our partnership with WISeKey will set a new standard for responsible and secure NFT transactions during a period of historic interest" - Mrinal Manohar CEO and Co-founder at Casper Labs

https://www.globenewswire.com/news-release/2021/04/14/2210259/0/en/WISeKey-and-CasperLabs-Join-Forces-to-Launch-TrustedNFT-IO-Technologies.html

WISeKey and CasperLabs Join Forces to Launch TrustedNFT.IO Technologies WISeKey and CasperLabs Join Forces to Launch TrustedNFT.IO Technologies Leading Swiss blockchain firms will deliver a secure NFT marketplace on the Casper...

Cryptocurrency analysts, including Wave Financial’s Senior Trader Justin Chuh, discuss their forecasts as BTC hits an all time high!

https://finance.yahoo.com/news/bitcoin-analysts-set-sights-70k-224420936.html

Bitcoin Analysts Set Sights on $70K (Even $80K) After All-Time High Bitcoin is seen rising towards $70K by May according to several analysts interviewed by CoinDesk.

We want to congratulate our friends at Coinbase with an official debut on Nasdaq. They became one of the 150 most valuable public companies in the US, ahead of Discover Financial Services, First Republic Bank and Nasdaq.

Speculators had bid a Coinbase-tied futures contract above $600 a token in the lead-up to the listing on the FTX, implying they viewed the company as worth more than $150bn.
https://www.ft.com/content/50327259-f554-4dad-8902-7ae9c124faa1

Coinbase valued at $76bn in coming-of-age moment for cryptocurrency Investors cheer direct listing of digital currency exchange though shares drift lower after debut

We are humbled to be in the top 5 regulated crypto asset management firms list.



https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/5-largest-regulated-us-digital-asset-managers-hold-over-46b-of-crypto/amp

5 largest regulated US digital asset managers hold over $46B of crypto Forbes ranks the top traditional asset managers, but who ranks the top regulated digital asset managers?

We are proud to be one the top Venture Capital firms in the space. Thank you Cointelegraph for this in-depth research.



https://www.linkedin.com/company/18802934/admin/

NEAR, a Wave Financial portfolio firm, successfully launches the Rainbow Bridge, the first fully trustless asset bridge to Ethereum!

Congratulations to the NEAR team!

https://near.org/blog/the-rainbow-bridge-is-live/?utm_campaign=bridge17

The Rainbow Bridge Is Live - NEAR Protocol NEAR is happy to announce that the Rainbow Bridge is live and ERC-20 tokens can now be bridge to the NEAR blockchain and back to Ethereum.

Rallies behind Altcoins pushed cryptocurrency market cap to a tremendous $2Trillion!

https://www.coindesk.com/market-wrap-bitcoin-steady-near-59k-while-gains-in-altcoins-pushed-crypto-market-cap-to-2t

Market Wrap: Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T - CoinDesk As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year.

We are excited to announce Coti group Group as our first investment from cFund which is managed by Wave Financial. We are big believers in Shahaf Bar-Geffen and the team. COTI is one of the world’s first blockchain protocols optimized for decentralized payments and designed for use by merchants, governments, payment , and issuers.



https://lnkd.in/gf-SE8G

Cardano Venture Fund Makes First Investment: $500K in Payments Firm COTI - CoinDesk COTI has received $500,000 from cFund, marking the first investment from the $20 million fund backed by Cardano builder IOHK.

Wave Financial wishes a huge congratulations to its portfolio company Skale Labs and co-founder, CEO Jack O'Holleran for the opening of $SKL token on Coinbase and Coinbase Pro.

https://skale.network/blog/skl-begins-trading-on-coinbase

$SKL begins trading on Coinbase Starting Today Thursday March 11, 9AM $SKL began trading in all Coinbase’s supported jurisdictions. If you are new to SKALE or want a refresher, you may want to explore this curated list of articles to give you a solid background.

Benjamin Tsai presenting on GBA Blockchain Week Virtual Summit Day 2 - Panel: Investment Impact: Hard Assets or Digital Assets



https://vimeo.com/531095540/cef5b763b0

GBABCW2021 - Day 2 - Panel: Investment Impact: Hard Assets or Digital Assets This is "GBABCW2021 - Day 2 - Panel: Investment Impact: Hard Assets or Digital Assets" by NexChange on Vimeo, the home for high quality videos and the…

We are stoked to partner with the BlockSwap Network team who is bringing Fixed Income products to DeFi. We are big believers in Matt Shams (Anis) and Scott Trowbridge who are working on a protocol that is addressing a fundamental issue in DeFi and in particular staked assets. We look forward to working with BlockSwap over the long term.

https://blockswap-network.medium.com/

BlockSwap Network – Medium Read writing from BlockSwap Network on Medium. L1 for automated stake liquidity for PoS chains. Every day, BlockSwap Network and thousands of other voices read, write, and share important stories on Medium.

How the divide between traditional and digital asset management is narrowing

https://ibsintelligence.com/podcasts/ep184-how-the-divide-between-traditional-and-digital-asset-management-is-narrowing

Ep184: How the divide between traditional and digital asset management is narrowing – IBS Intelligence Atome Financial eyes expansion, acquires Indonesian financing company Atome Financial has completed its acquisition of local financing company PT Mega Read More »

13 Most Prevalent Myths About Bitcoin

https://medium.com/wave-financial/13-most-prevalent-myths-about-bitcoin-a2354ea6e6e8

13 Most Prevalent Myths About Bitcoin While many of the myths about Bitcoin are a slight miss on facts, others are quite ridiculous.

Decentralized Finance (DeFi) Total Value Locked 🔒 (TVL) is already $78B surpassing any expectations

Our thoughts on what happened with bitcoin this week

https://www.cityam.com/are-us-stimulus-cheques-really-going-into-bitcoin/

Are US stimulus cheques really going into Bitcoin? - CityAM Reports keep suggesting that Americans are keen to plough their $1,400 stimulus cheques into Bitcoin - but is that really the case?

🇳🇿 New Zealand pension fund is now having exposure to bitcoin

https://www.stuff.co.nz/business/124637257/investment-or-speculation-kiwisaver-fund-enters-the-bitcoin-era

Investment or speculation: KiwiSaver fund enters the bitcoin era One KiwiSaver manager invests in bitcoin, but rivals are criticising the move.

Our thoughts on the future of bitcoin via Bitcoin Magazine

https://lnkd.in/dBYYdjh

How Bitcoin Could Hit $400,000 By 2025 A recent report from Wave Financial explains how seemingly outlandish bitcoin price predictions may not be so far fetched after all.

💥Our dear team member Les Borsai was quoted in The Wall Street Journal today:

Les Borsai, Co-founder of asset-management firm Wave Financial, who has been consulting for artists on NFTs and transacting in the space for years, said more artists will build dedicated NFT sites to establish and protect their brands. And the way people are creating community in NFTs, he said, is already similar to the community in music.

“There’s this connection to authenticity that’s important,” he said.
https://www.wsj.com/articles/nfts-are-music-industrys-latest-big-hit-11616491801

Musicians Turn to NFTs to Make Up for Lost Revenue Musicians are connecting with fans and generating revenue by selling digital collectibles, even if they are hard to value.

🚀WE ARE HIRING!: Wave has been growing at breakneck pace this year (more on that next week), and we are looking for talented professionals who are driven to seize the future of finance.

Open positions include:

Venture Associate
https://lnkd.in/eKbGsHJ

Venture Analyst
https://lnkd.in/ektmGQm

Corporate Paralegal
https://lnkd.in/eXTa-Cv

🤔Just a friendly reminder about the Purchasing Power of USD

Wall Street giant JPMorgan, after ramping up its cryptocurrency services over the last year, is exploring bitcoin and cryptocurrency clearinghouse options, looking for a middleman to sit between OTC desks and traders to guarantee the enforcement of a trade and create liquidity in the market.

https://www.forbes.com/sites/billybambrough/2021/03/15/jpmorgan-is-eyeing-bitcoin-and-crypto-clearinghouse-options-amid-huge-price-rally/

JPMorgan Is Eyeing Bitcoin And Crypto Clearinghouse Options Amid Huge Price Rally Wall Street giant JPMorgan, after ramping up its cryptocurrency services over the last year, is exploring bitcoin and cryptocurrency clearinghouse options...