Last week, the Securities and Exchange Commission (SEC) filed complaints against two of the largest cryptocurrency exchanges by volume, Binance and Coinbase. What are the short and long term ramifications here?

The road to institutional adoption must include sensible regulatory compliance. While the SEC continues to miss the mark, we remain hopeful. The McHenry-Thompson Digital Asset Market Structure proposal is a great first start. Coinbase will eventually have its day in court.

Introducing Valmar Capital, a multi-manager, multi-strategy liquid fund for digital assets. In the Lord of the Rings, Valmar, aka the City of Bells, serves as the dwelling place of the Valar and the Maiar, spirits that created, molded, and ordered Middle Earth.

Valmar shines as a beacon, bridging old worlds and new with its great golden gates. Valmar Capital embodies this same spirit by blending the promise and growth of digital assets (new world) with a rigorous, time-tested, traditionally-minded approaches...