Tag Archives: FAZ
How Trump’s memecoin became a cash cow
By Alexander Bechtel and Maximilian Vargas With his memecoin, Trump could profit twice: In addition to collecting millions in trading fees, companies close to Trump also control tokens currently worth around 14 billion US dollars, which are gradually being released. Shortly before his inauguration, Donald Trump caused quite a stir: The now incumbent US president…
Siemens Issues 300 Million-Euro Bond on the Blockchain
By Viktor Banh, Alexander Bechtel, and Manuel Klein The largest issuance of a crypto security in Germany to date was made possible through the collaboration of Siemens and key financial and technology service providers. On September 3, representatives from six major German financial institutions and technology service providers met virtually with Siemens’ treasury team to…
What is the fair value of Bitcoin?
By Alexander Bechtel The debate about the fair value of Bitcoin is polarizing the financial world. While critics dismiss the cryptocurrency as a worthless object of speculation, the number of supporters is growing – also in traditional financial circles. The debate about the fair value of Bitcoin is often conducted with great passion and polarizes…
Tether: The most profitable business model in the world?
By Alexander Bechtel Tether, the company behind the largest dollar stablecoin USDT, earned more than most major European banks last year. Does this make the issuance of stablecoins one of the most profitable business models in the world, or is there a catch? Jean-Louis van der Velde is one of the most successful CEOs of…
The digital euro is more than money
By Alexander Bechtel and Manuel Klein The ECB’s digital euro project is entering the next round. The success of the project also depends on the ECB’s willingness to use the private sector’s strengths. In mid-October, the European Central Bank (ECB) launched the next phase of its project to introduce the digital euro. During this so-called…
More efficient, faster, safer? – The vision of the tokenized economy
By Alexander Bechtel Blockchain technology and tokenization are expected to make financial services available around the clock and globally in the future. But before the vision of a tokenized economy can become reality, regulatory issues need to be clarified. Imagine the smartest minds from business and research coming together for a weekend on the boardroom…