Alex Turner

The crypto asset manager's BAVA fund debuted on the NYSE on 15 April, staking roughly 70% of its AVAX holdings in-house while charging 0.34% — undercutting competitors in a three-way race for Avalanche exposure.

The social trading platform's acquisition of the keyless MPC wallet — which has never been hacked in seven years — is its clearest signal yet that it sees crypto's future in user-held assets rather than centralised order books.