Aum

The total assets under management (AUM) for digital products traded on exchanges and over the counter jumped 6.74% to $31.7 billion in October, the first monthly increase since July, according to CCData. Products tied to Solana's SOL token experienced the steepest AUM growth, adding 74.1% to $140 million. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Oct 30, 2023

Ontario Teachers' Pension Plan, one of Canada's largest pension funds with nearly $250 billion in assets under management (AUM), will write down the entirety of its $95 million investment in FTX after the troubled crypto exchange filed for bankruptcy protection. And Genesis Block will cease over-the-counter (OTC) trading services in wake of contagion risks from the now-bankrupt FTX exchange, according to a Reuters report. Genesis Block Trading is unrelated to Genesis Global Capital, which is owned by Digital Currency Group (DCG). DCG is also the parent company of CoinDesk.

Nov 18, 2022