Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

China: WeiyangX Fintech Review

FinTell Completes B+ Round of Financing led by Youshan Capital On June 15th, Fintech startup FinTell announced the completion of USD tens of millions B+ round of financing. The investment was led by Youshan Capital with participation from Telstra. FinTell is “a one-stop high-end Fintech… Read More

Instimatch Global Partners with Swiss Fintech FQX to Offer Short-Term Financing and Payment Tool

Switzerland’s Instimatch Global, a digital platform for institutional short-term money market trading, is teaming up with Swiss Fintech FQX to complement its main offering by providing  eNotes™, which is described as a disruptive short-term financing and payment tool. As noted by its management: “FQX provides… Read More

Nasdaq listed Diginex Ltd, which Rebranded to EQONEX Group, Reports $5B in Digital Asset Spot and Derivatives Volumes

EQONEX Exchange reveals that it recently surpassed $5 billion in 30-day trading volume. Diginex Limited (Nasdaq: EQOS), which recently rebranded its business to EQONEX Group, a digital assets financial services firm, confirmed on Friday (June 24, 2021) that the total spot and derivative trading volumes… Read More

Digital Asset Partners with Nasdaq to Bring DAML to the Nasdaq Marketplace Services Platform

Digital Asset has teamed up with Nasdaq in order to bring Daml to the Nasdaq Marketplace Services Platform. As mentioned in a release shared with CI, the integration of Daml with the Nasdaq Marketplace Services Platform will aim to create new opportunities for customers interested… Read More

NEM Ventures Expands Early-Stage Ecosystem after Launch of Symbol, a Next-Gen Enterprise Blockchain

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More

The Largest Cryptocurrency Seizure in the UK: Authorities Hold £114 Million in Crypto in Money Laundering Case

The Metropolitan Police have seized £114 million in crypto – said to be the largest seizure in the UK and perhaps the largest globally. According to a statement by authorities, the seizure was carried out by detectives from the Met’s Economic Crime Command on the… Read More

FATF Meeting Says Challenges Remain for AML/CFT, Updates on Virtual Asset Standards and Implementation

A plenary of the Financial Action Task Force (FATF), under the German Presidency of Dr. Marcus Pleyer took place this past week. The meeting provided several updates on key regulatory items including standards set for “Virtual Asset Service Providers” or VASPs. According to a statement… Read More

Chainalysis Secures $100M via Series E from Coatue, Others, Blockchain Analysis Firm Now Valued at $4.2B

The team at Chainalysis, a leading blockchain analysis firm, is pleased to confirm that they’ve acquired $100 million in capital via a Series E round that was led by Coatue, bringing the company’s valuation to $4.2 billion. Previous investors Benchmark, Accel, Addition, Dragoneer, Durable Capital… Read More

Security Tokens Market Cap in May 2021 Stood at $711M+, Tokenized Real Estate Market Exceeded $32M: Report

The team at Security Token Market (STM), which is focused on supporting the fast-evolving blockchain-based security tokens sector, has released their monthly market report from May 2021. Published on June 24, 2021, the report from STM notes that they’ve provided a truncated market report which… Read More

HGX, a Private Securities Exchange, has Graduated from Monetary Authority of Singapore Fintech Regulatory Sandbox

Hg Exchange (HGX), a private securities exchange established by a group of capital market intermediaries, reveals that it has graduated from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox with a Recognized Market Operator (RMO) license. With its RMO permit, HGX may now serve… Read More

Coinbase Pro Adds Trio of New Coins

Coinbase Pro has added three new cryptocurrencies to its roster. An Ethereum token, BarnBridge’s BOND token governs its protocol which helps users hedge against DeFi yield sensitivity and price volatility. Its SMART Yield application let users select different risk profiles for lending on different DeFi… Read More

Financial Institutions May Purchase, Sell, Hold Bitcoin via New Fiserv, NYDIG Integration

Financial institutions will now be able to give consumers the option to purchase, sell and hold Bitcoin via their bank accounts – which will be enabled through an integration between Fiserv, Inc. (NASDAQ: FISV), a provider of payments and financial services tech solutions, and NYDIG,… Read More

Bitcoin’s Bouncing Back: Here’s Why

Bitcoin and Ethereum have both bounced back somewhat after dropping below crucial support levels earlier this week, a sales trader at UK-based digital asset broker GlobalBlock said. Alexandra Clark said it is believed Bitcoin’s drop is partially due to a mining shift in China resulting… Read More

Wirex Says it Will Pay Up to 16% Interest on Crypto and Fiat

Wirex, a digital payments platform, says it will pay people up to 16% on their crypto and fiat funds. Wirex made the claim in a release announcing the launch of its new service “X-Accounts” created in partnership with Fireblocks. While the 16% promotion is pretty… Read More

Security Tokens: Digital Assets AG Switches to Solana Blockchain

Digital Assets AG, a Swiss-based blockchain firm supporting the issuance of tokenized financial instruments, says its tokenized stock infrastructure will move to the Solana blockchain. Simultaneously, the company said it will launch the first free-floating security tokens allowing the compliant transfer of tokenized stocks on… Read More

NFT Marketplace Rarible Raises $14.2 Million Series A

marketplace Rarible has raised $14.2 million in Series A funding led by led by Venrock and CoinFund, with participation from 01 Advisors. The funding will be used to add to its team while building a “community-owned” NFT marketplace. Rarible said the platform will be built… Read More

Andreessen Horowitz Announces Largest Crypto Fund Ever at $2.2 Billion, Adds Big Name Advisors Like Former SEC CorpFin Director Bill Hinman

Andreessen Horowitz (a16z), one of the world’s leading VCs, has revealed a $2.2 billion crypto fund – the largest of its kind ever. The VC said they believe the next wave of computational innovation will be driven by crypto and they are “radically optimistic about… Read More

Bakkt Introduces Visa Debit Card to Maximize Customers’ Ability to Spend Digital Assets like Bitcoin

Bakkt has introduced its own Visa debit card in order to maximize customers’ ability to spend digital assets, the company revealed on Tuesday (June 22, 2021). Bakkt Card lets clients use Bitcoin (BTC) for making online and in-store purchases, which should help with expanding the… Read More

Ontario Securities Commission has Taken Action Against Non-Compliant Global Crypto Trading Platform Bybit

The Ontario Securities Commission (OSC) announced on June 21, 2021 that it has taken action against “non-compliant” international cryptocurrency trading platform, Bybit. The OSC released a Statement of Allegations against Bybit Fintech Limited for “failing to comply with Ontario securities law.” Bybit is incorporated in… Read More

US ATS Oasis Pro Becomes Polymesh Node Operator

Oasis Pro, a US-regulated alternative trading system (ATS) that allows users to trade and pay for digital securities with digital cash, is the newest node operator on Polymesh, a security token-focused blockchain being built by Polymath that is currently in its testnet phase. This move… Read More

Send this to a friend