November 18, 2024 @ 11:25 am By JD Alois  |  

Ai16z and Ryze Labs have revealed a new incubator, the AICombinator program. The new partnership is described as the first venture capital firm run by autonomous AI agents investing in AI-driven innovation. Ryze Labs invests in blockchain tech around the world. Initially, the program will… Read More

November 18, 2024 @ 11:05 am By JD Alois  |  

The Swiss Financial Market Supervisory Authority FINMA has posted its Risk Monitor for 2024. According to the regulator, there are nine top principal risks for the financial sector aggravated by heightened geopolitical challenges. These highlighted risks are as follows: Risks associated with real estate and… Read More

November 18, 2024 @ 9:51 am By JD Alois  |  

Neo Financial, a Canada-based neobank, has raised $258 million in Series D funding. The new money included around $79 million in equity and $179 million in debt capital. Neo Financial offers various digital banking services in partnership with Peoples Bank of Canada. As a neobank,… Read More

November 18, 2024 @ 9:21 am By JD Alois  |  

Last week, the UK government shared its National Payments Vision – what policymakers are seeking to do to enable “world leading payments” for the country. The UK is a global Fintech hub and payments are seem as  vital to the growth of the UK economy…. Read More

November 17, 2024 @ 9:30 pm By JD Alois  |  

In a move to expand its operations, Crypto.com has acquired Fintek Securities Pty Ltd. (Fintek), a brokerage service and trading company that holds an Australian Financial Services Licence and is regulated by the Australian Securities and Investments Commission (ASIC). Founded in 2016, Crypto.com reports over… Read More

November 15, 2024 @ 11:45 am By JD Alois  |  

The past few years at the Securities and Exchange Commission (SEC) have been tough for innovators during the tenure of Chairman Gary Gensler. When Gensler was selected to lead the top financial regulator, hopes were high that his extensive experience in markets and understanding of… Read More

November 15, 2024 @ 9:51 am By JD Alois  |  

The UK government has announced that the issuance of Gilts will be tested on distributed ledger technology (DLT) in a forthcoming pilot. If the UK issues government bonds using blockchain technology, this could transform how public authorities issue and manage debt offerings. In a speech… Read More

November 15, 2024 @ 9:29 am By JD Alois  |  

While stablecoins should not be a contentious issue as they are effectively a new form of payments, upgrading the current slower and more costly process, Congress has been unable to pass legislation that creates a regulated path for stablecoin issuers. The dominance in the US… Read More

November 15, 2024 @ 9:14 am By JD Alois  |  

The Unicorn Kingdom Pathfinder Awards (UKPA) winners have been announced. Four tech scale-up companies were recognized yesterday at a ceremony hosted by the Department of Business and Trade (DBT). The winners will also participate in a roundtable at No 10 in the near future. Enabling innovation and investment is… Read More

November 14, 2024 @ 4:35 pm By JD Alois  |  

Polymarket, a prediction marketplace that got the outcome of the Presidential election right, is garnering the scrutiny of the Feds due to its accuracy. According to multiple reports, the Federal Bureau of Investigation (FBI) raided Polymarket founder and CEO’s apartment, taking Shayne Coplan’s mobile phone… Read More

November 14, 2024 @ 4:07 pm By JD Alois  |  

As the Securities and Exchange Commission (SEC) winds down the Biden era of regulation, Chairman Gary Gensler took a moment to reflect on his accomplishments during his tenure as its head. Speaking at PLI’s Annual Institute on Securities Regulation, Gensler said effective markets do not happen by… Read More

November 14, 2024 @ 3:24 pm By JD Alois  |  

ISP Securities is partnering with Taurus in a move to build a “future proof” ecosystem for digital assets. ISP Group is a private Swiss firm that is a boutique investment bank that serves both institutions and individual investors. ISP is headquartered in Zurich, with offices… Read More

November 14, 2024 @ 12:34 pm By JD Alois  |  

Following the results of the US Presidential election, Bitcoin bulls have taken charge as the value of the world’s most popular crypto has rocketed higher—today, it is trading at around $90,000 after topping out at over $93,000 yesterday (11.13.24)—a new all-time record. CI received a… Read More

November 14, 2024 @ 12:22 pm By JD Alois  |  

Hadron, powered by Tether, is the newest entry into the hot tokenization sector. Tokenization is the process of taking securities, commodities and other assets into digital assets In a note from Tether, the company mentions specifically allowing users to tokenize stocks, bonds, loyalty points, and… Read More

November 14, 2024 @ 12:08 pm By JD Alois  |  

Zero commission trading App Investa has doubled its funding goal on Crowdcube. Initially, the funding target was set at £300.000 but as to today according to the offering page, Investa stands at £668,000 or 22% of target. In a release, Investa stated that funding actually… Read More

November 14, 2024 @ 11:18 am By JD Alois  |  

SyndicateRoom, an online investment platform that simplifies the process of investing in promising early-stage private firms, has distributed a report highlighting the performance of its Access EIS fund. EIS or Enterprise Investment Scheme, and the SEIS or Seed Enterprise Investment Scheme exemptions, is a tax… Read More

November 13, 2024 @ 11:57 am By JD Alois  |  

R3’s Corda platform will be utilized to support digital real estate services in partnership with Radian. According to a statement distributed by the firm, digital services will include title insurance, closing, and settlement services process. Corda, R3’s permissioned blockchain, aims to help the real estate… Read More

November 13, 2024 @ 11:37 am By JD Alois  |  

BlackRock (NYSE:BLK), the largest asset manager in the world, has announced the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is powered by Securitize’s tokenization platform. First launched on Ethereum in March, the Fund will expand across the blockchain ecosystem with new shares utilizing Aptos,… Read More

November 13, 2024 @ 10:00 am By JD Alois  |  

Transfero, a Brazil-based stablecoin solution platform targeting emerging markets, will work with Wormhole as an interoperability provider. Wormhole is a firm that provides cross-blockchain interoperability services globally. Wormhole is expected to support Transfero’s stablecoin offerings with its NTT (Native Token Transfer) framework. Transfero flagship stablecoin… Read More

November 12, 2024 @ 10:30 am By JD Alois  |  

The Investor Choice Advocates Network (ICAN) has filed a petition with the courts to compel the Securities and Exchange Commission (SEC) to act on a ruling that is said to be harming a client due to an extensive delay. ICAN, a non-profit law firm, and its… Read More