February 15, 2025 @ 4:04 pm By Omar Faridi  |  

Two Estonian nationals have reportedly pleaded guilty to an alleged $577M cryptocurrency fraud scheme. The scheme is said to have victimized hundreds of thousands of people in the United States and abroad. As stated in the announcement, two Estonian nationals pleaded guilty for their operation… Read More

February 15, 2025 @ 3:38 pm By Omar Faridi  |  

SIX has reportedly launched the Digital Collateral Service (DCS), permitting financial institutions to post selected cryptocurrency assets as collateral alongside traditional collateral. The product offers a solution through which clients are able to manage traditional securities as well as cryptocurrency based collateral. Firms managing bonds… Read More

February 15, 2025 @ 3:02 pm By Omar Faridi  |  

StepStone Group Inc. (Nasdaq: STEP), a private markets investment firm responsible for around $698 billion in total capital, including $65 billion in private debt, announced it received approval to launch a Private Debt-based European Long-Term Investment Fund (ELTIF). Neil Menard, Partner and President of Distribution,… Read More

February 15, 2025 @ 2:58 pm By Omar Faridi  |  

As the platform to “democratize” value creation in digital assets, Kiln claims that it has  been committed to building the best infrastructure products and tools. They have announced the launch of Kiln Ventures, their initiative to support the next generation of onchain builders. ‍With Kiln… Read More

February 15, 2025 @ 2:48 pm By Omar Faridi  |  

Copper, a key player focused on digital asset custody, collateral management, and prime services announces its support for UBS uMINT, the first tokenized investment fund launched by UBS Asset Management and distributed through DigiFT, a regulatory-compliant exchange for on-chain real-world assets This partnership enables custody… Read More

February 15, 2025 @ 2:47 pm By Omar Faridi  |  

Estateguru has noted that in May 2024, they spoke with Antje Mertig, CEO of Steinberg Real Estate Management GmbH, their partner in Germany, about the recovery process of defaulted loans in the market. Estateguru is now evaluating the progress made over the past year and… Read More

February 14, 2025 @ 11:53 pm By Tony Zerucha  |  

This week, treasury operating system Finmo announced its oversubscribed $18.5 million Series A  round, bringing its total funding to $27 million. Finmo plans to accelerate its product development, invest in AI capabilities, and expand its global reach. The round was co-led by Quona Capital and PayPal Ventures with participation from Citi Ventures. The… Read More

February 14, 2025 @ 11:51 pm By Omar Faridi  |  

Israel-headquartered social trading-focused online broker eToro has reportedly filed for an initial public offering (IPO) with US regulators. Founded in 2007, eToro describes itself as a social investing enabler that aims to revolutionize the way people invest. In March 2019, the company added crypto trading… Read More

February 14, 2025 @ 11:43 pm By Tony Zerucha  |  

Hashdex, a global crypto-focused asset manager, and Nasdaq Global Indexes this week announced the launch of the Hashdex Nasdaq Crypto Index US ETF, a multi-asset spot crypto exchange-traded product available to U.S. investors. The product, now trading on the Nasdaq Stock Market under ticker NCIQ, offers… Read More

February 14, 2025 @ 11:40 pm By Tony Zerucha  |  

Revving, a United Kingdom-based invoice factoring firm, announced this week a £107 million investment led by asset manager DWS. The package includes £100 million of debt funding, which will be invested directly into the UK Adtech sector and wider digital economy. Revving said that the… Read More

February 14, 2025 @ 4:42 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) recently acknowledged Grayscale’s proposal for a Dogecoin (DOGE) exchange-traded fund and is currently interested in receiving public comments. In a 19b-4 form shared this past Thursday (February 13, 2025) confirming NYSE Arca‘s filing, on behalf of Grayscale, the… Read More

February 14, 2025 @ 2:22 pm By JD Alois  |  

Fraktion is a tokenization and securities crowdfunding enabler that is powered by Tezos.  The France-based company recently announced Seed funding of €1.1 million, backed by Tezos as well as Cabrit Capital, Vox Capital, and other angel investors. Fraktion is focusing on real-world assets, specifically real… Read More

February 14, 2025 @ 2:04 pm By Omar Faridi  |  

abrdn announces the final closing of its third core/core+ infrastructure fund, ASCI III. Focused on direct investments in European small to mid-market core and core+ infrastructure opportunities, the Fund builds “on the success of Funds I and II, and related co-investment vehicles.” The Fund has… Read More

February 14, 2025 @ 2:04 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant focused on vertically integrated Bitcoin mining, announced the appointment of Jaime Leverton, Doug Mouton and Michael Turner to its Board of Directors (the “Board”). The three directors were selected through “a process conducted by the Board’s Governance… Read More

February 14, 2025 @ 2:02 pm By Tony Zerucha  |  

An anonymous study of 35,000 users of the finance app Piere suggests Millennials doubt President Donald Trump’s cost-of-living promises as credit debt rises and milestones are delayed, a new report finds. Five out of six do not expect him to reduce their cost of living…. Read More

February 14, 2025 @ 1:59 pm By JD Alois  |  

The EU-UK Financial Regulatory Forum met this past week in London. The entity aims to pursue regulatory cooperation while preserving financial stability and protecting participants. The event was co-chaired by HM Treasury, and the Director General for Financial Services and the European Commission Director General… Read More

February 14, 2025 @ 12:35 pm By Omar Faridi  |  

Experian‘s research ‘Proactive Defense: Tackling Evolving Fraud Threats’ conducted by Forrester Consulting, surveyed more than 400 senior fraud professionals and decision makers across different countries, such as India, Norway, Denmark, Spain, Italy, the Netherlands and Germany. As mentioned in the update from Experian, a notable… Read More

February 14, 2025 @ 12:35 pm By Omar Faridi  |  

Blockstream, the firm focused on Bitcoin-powered financial infrastructure, is expanding its footprint with the opening of a Tokyo office, marking an advance in Bitcoin’s evolution in Japan and across Asian markets. Partnering with Diamond Hands, Japan’s Bitcoin strategic consultancy, and Fulgur Ventures, an investor in… Read More

February 14, 2025 @ 11:00 am By JD Alois  |  

SyndicateRoom, an online investment platform that was recently acquired, has distributed an email touting a portfolio company that has experienced an 11X increase in valuation. SyndicateRoom offers access to private firms via a portfolio model. The company tracks the most successful professional investors to help… Read More

February 14, 2025 @ 9:27 am By Omar Faridi  |  

Revolut, the global financial app claiming more than 50 million customers worldwide, has announced expansion of its services to Ukrainians along with a new international donation campaign for Ukraine. Starting now, Ukrainian residents will be able to open a European Revolut account and experience “an… Read More