Welcome to our institutional newsletter, Crypto Long & Short. This week:
- Maxime Seiler notes that weak crypto prices mask adoption, making yield strategies the main trade.
- Kavita Maharaj‑Alexander writes on crypto’s next phase being driven by proving compliance in practice, elevating the infrastructure providers that enable it.
- Top headlines institutions should pay attention to by Francisco Rodrigues.
- PENDLE rallies on demand for on-chain STRC yield exposure in Chart of the Week.
Expert Insights
In quiet crypto markets, yield is the trade
By Maxime Seiler, co-founder and chief executive, STS Digital, Ltd.
For much of the last six months, crypto markets have felt unusually quiet. Not dead, but tired. While bitcoin has held up…






