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NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21

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Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF.

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Coin Market

Goldman Sachs holds $710M in Bitcoin ETFs — SEC filing

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Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.

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Coin Market

Financial institutions will drive RWA tokenization’s trillion-dollar growth

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The real-world asset tokenization industry is projected to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.

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Coin Market

Hong Kong warns against crypto firms misrepresenting as ‘bank’

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Hong Kong’s central bank said that it’s illegal for unlicensed companies to represent themselves as banks in Hong Kong. 

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