Blockchain & Digital Assets

December 10, 2020 @ 11:16 am By JD Alois  |  

The US Department of Treasury has posted the annual Financial Stability Oversight Council (FSOC) report and financial innovation is a prominent part of the document. FSOC was established by the Dodd-Frank Act and is charged with three primary purposes: To identify risks to the financial… Read More

December 10, 2020 @ 9:18 am By Samantha Hurst  |  

Southwestern Asian banking group DBS announced on Thursday it will set up a digital exchange. The exchange will notably allow institutional investors, as well as accredited investors, to tap into a fully integrated tokenization, trading, and custody ecosystem for digital assets. DBS further revealed that… Read More

December 10, 2020 @ 1:00 am By JD Alois  |  

Upvest has closed on a €12 million Series A+ funding round led by Earlybird. This follows Series A funding led by Notion Capital and HV Capital, with participation from Partech. The founders of N26, IDNow, and Consorbank have joined in the round as well. Upvest… Read More

December 9, 2020 @ 9:49 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis has teamed up with top Japanese system integrators in order to boost its compliance network. Chainalysis announced on December 7, 2020, that it has partnered with Japan-based system integrators Hitachi and SB C&S. These firms are the latest to join Chainalysis’… Read More

December 9, 2020 @ 8:46 pm By Omar Faridi  |  

Bitcoin (BTC) has been trading sideways as some crypto analysts have warned that the digital asset’s price may become unpredictable in the short-term, according to a new report from OKCoin. The digital currency exchange confirmed that Bitcoin continues to gain institutional support. BTC’s recent price… Read More

December 9, 2020 @ 8:44 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Amir Bruno Elmaani, aka “Bruno Block,” for conducting an illegal securities offering in an initial coin offering (ICO) and for a plan to profit by issuing millions of unauthorized tokens for himself at no cost and selling… Read More

December 9, 2020 @ 3:17 pm By JD Alois  |  

Securitize, a digital security platform and SEC-registered transfer agent, has integrated with Avalanche, an open-source platform for launching applications and enterprise blockchain deployments in one, interoperable ecosystem. The Securitize platform says it can now issue and manage private securities using the Avalanche blockchain. The Avalanche… Read More

December 9, 2020 @ 2:35 pm By JD Alois  |  

Bitso, a Mexico based crypto platform, has received a $62 million investment from Kaszek Ventures and QED Investors. The series B funding represents the first foray into cryptocurrency for both QED Investors and Kaszek Ventures. The digital asset platform says this is the first major… Read More

December 9, 2020 @ 2:10 pm By Omar Faridi  |  

The developers of Injective Protocol, a “fully” decentralized layer-2 digital assets derivatives exchange protocol powering cross-chain trading and (decentralized finance) DeFi, has released a new software version: Injective Solstice V2. As reported earlier this year, Injective Protocol had acquired $2.6 million in capital through a… Read More

December 9, 2020 @ 1:15 pm By Samantha Hurst  |  

SC Ventures, the innovation and ventures unit of Standard Chartered, announced on Wednesday it has teamed up with Northern Trust, a provider of asset servicing, to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. According to the duo, Zodia is designed to enable institutions… Read More

December 9, 2020 @ 11:52 am By JD Alois  |  

Founded in 2017, Anchorage has emerged as a top digital asset platform serving institutions investing in the crypto sector. Big money demands robust protocols and tech stacks and Anchorage is providing all of this in a full-service financial platform for the future of finance. Co-founded… Read More

December 9, 2020 @ 8:17 am By JD Alois  |  

Bitbond, a European digital asset platform, has partnered with Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, to issue a EURO stablecoin (EURB). The stablecoin is available today and is leveraging the Stellar blockchain network. The stablecoin is said to be the first… Read More

December 8, 2020 @ 7:24 pm By JD Alois  |  

Carla Carriveau has recently joined CoinList as their new Chief Legal Officer and General Counsel (the previous GC, Georgia Quinn is now at Anchorage). Prior to joining CoinList, Carriveau was at Forge.  Carriveau entered the fray with an interesting blog post today addressing expectations for… Read More

December 8, 2020 @ 7:23 pm By Omar Faridi  |  

The Security Token Group (STG), which is focused on “reinventing” capital markets with blockchain-based security tokens, has published its monthly market report for November 2020. STG reports that the total security token market cap, as tracked by stomarket.com, stood at $449,142,241. The report confirmed that… Read More

December 8, 2020 @ 6:20 pm By Omar Faridi  |  

San Francisco-based crypto-asset exchange Coinbase will begin supporting Filecoin (FIL) on Coinbase Pro, the trading platform for professional or experienced traders. The Coinbase team stated in a blog post: “Starting … Monday December 7, [2020,] transfer FIL into your Coinbase Pro account ahead of trading…. Read More

December 8, 2020 @ 2:13 pm By Samantha Hurst  |  

BitGo Prime, a digital asset financial services company to offer a deeply integrated solution with lending, trading, and custody, announced on Tuesday its Capital Introduction Services (Cap Intro) for its premier clients who seek to optimize their investment strategies. BitGo Prime reported that through a… Read More

December 8, 2020 @ 1:38 pm By JD Alois  |  

The Swiss Stock Exchange has announced a “major stake” in Custodigit a joint venture between Swisscom & digital asset Bank Sygnum. Simultaneously, the company announced it would partner with Swisscom and Sygnum to provide an “Institutional Digital Asset Gateway.” Swisscom is Switzerland’s top telecoms &… Read More

December 8, 2020 @ 12:37 pm By JD Alois  |  

BIGG Digital Assets Inc. (CSE: BIGG; OTCQB: BBKCF), operator of Canadian crypto exchange Netcoins, has acquired 40 additional Bitcoins for long term treasury holdings, according to a company release. BIGG says it purchased these Bitcoins for $24,854 CAD per BTC for a total of CAD… Read More

December 8, 2020 @ 9:47 am By Samantha Hurst  |  

Blockchange, a U.S.-based digital asset investing platform for professional wealth managers, announced on Tuesday it has partnered with U.S. fintech IRA Financial to enable IRA funds and select 401k plans to be invested in cryptocurrencies and digital assets, under the management of a financial advisor…. Read More

December 8, 2020 @ 7:36 am By Omar Faridi  |  

MicroStrategy Incorporated (Nasdaq: MSTR) has revealed that it plans to provide (subject to market conditions and other factors) $400 million aggregate principal amount of convertible senior notes due 2025 in a private offering to “qualified institutional buyers in reliance on Rule 144A under the Securities… Read More