21.co integrates Chainlink reserve proofs on Solana and Ethereum chains
Cryptocurrency asset management company 21Shares' parent company, 21.co, announced in a statement that it has integrated the industry-standard Chainlink Reserve Proof on the Solana and Ethereum main chains. This is aimed at improving the transparency of 21.co's encapsulated Bitcoin, 21BTC.
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After the Jackson Hole meeting, the market's focus has shifted to interest rate hike expectations. However, Morgan Stanley economist Carpenter pointed out that Walsh's long-standing stance on reducing the $7 trillion balance sheet should not be overlooked. It is expected that the Federal Reserve may begin a balance sheet reduction of more than $1.5 trillion next year, partially replacing rate hikes.