Investment Platforms and Marketplaces

February 28, 2022 @ 12:06 pm By JD Alois  |  

Alan Konevsky, tZERO’s former interim CEO, has been made Executive VP, Chief Legal and Corporate Affairs Office of the digital asset marketplace, according to a note from the firm. Last week, it was announced that David Goone, the Chief Strategy Officer of Intercontinental Exchange (NYSE:… Read More

February 28, 2022 @ 3:27 am By Omar Faridi  |  

European marketplace lender October recently commented on the French state-guaranteed loans. On March 2020, the French State announced an “exceptional package of €300Bn state-guaranteed loans (PGE) to support SMEs during the Covid-19 crisis.” Since the launch of this first state-guaranteed loan via the October platform… Read More

February 28, 2022 @ 12:41 am By Omar Faridi  |  

Debitum is pleased to confirm that their clients, as of now, will be investing in financial instruments – Asset-Backed Securities (ABS). According to Debitum, this is one of the final steps after acquiring a license for the Debitum investment platform from the Financial and Capital… Read More

February 27, 2022 @ 11:37 pm By Omar Faridi  |  

Since the start of the Coronavirus crisis, both digital-service use and the digital market have grown significantly in Southeast Asia. According to the e-Conomy SEA 2021 Report by Google, Temasek, and Bain & Company, there are now around 350 million digital consumers in the region… Read More

February 27, 2022 @ 6:26 pm By Omar Faridi  |  

Digital asset firm Kraken notes that generating passive rewards on your money in traditional finance is not so rewarding these days. However, crypto provides participants “a novel opportunity to receive rewards through a process known as staking.” As participation in Proof-of-Stake networks increases and users… Read More

February 26, 2022 @ 5:21 pm By Omar Faridi  |  

European lender Mintos notes that they will be monitoring RUB currency dynamics on a daily basis, “closing positions at the end of the working day to prevent the risk of negative exposure.” The team at Minto wrote in a blog post that based on the assessment… Read More

February 25, 2022 @ 6:10 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash turned 5 years old, according to an update posted on February 22, 2022. As mentioned in a blog post by Robocash: “During this seemingly not so long period we have managed a lot. And there is more ahead of us.” CEO… Read More

February 25, 2022 @ 9:46 am By JD Alois  |  

Arthur Hayes and Benjamin Delo, BitMEX crypto derivatives exchange founders, have pleaded guilty to charges of violating the Bank Secrecy Act. According to the US Department of Justice, the two founders willfully failed to establish, implement, and maintain anti-money laundering (AML) programs at BitMEX. Under… Read More

February 24, 2022 @ 11:15 am By Omar Faridi  |  

UK’s investment platform easyMoney has looked into whether a current account is the best home for our funds. Inflation is surging rapidly and interest rates have declined, so easyMoney looks into whether a current account – where interest rates of up to 5% are possible… Read More

February 24, 2022 @ 9:58 am By Omar Faridi  |  

UK’s investment service provider Kuflink has added new features to its platform. As noted by Kuflink‘s management, January was quite a busy month for them, with many new feature releases and updates to their previous releases. The company is hoping that their clients appreciate these… Read More

February 23, 2022 @ 11:05 am By JD Alois  |  

Last month, the Securities and Exchange Commission (SEC) approved BSTX as a national securities exchange thus ushering in the first regulated exchange utilizing blockchain technology. BSTX is a joint venture between BOX Digital Markets, LLC and tZERO, a digital asset firm that called SEC approval a “watershed event in… Read More

February 23, 2022 @ 9:05 am By JD Alois  |  

tZERO ATS, a digital securities marketplace, now offers clearing and settlement securities transactions for itself and its broker-dealer affiliates in another step forward for its vision of the future of regulated securities. tZERO called the announcement a key milestone for its next-generation trading ecosystem. tZERO’s… Read More

February 23, 2022 @ 8:32 am By Omar Faridi  |  

The team at European lender Bondora notes that the collection and recovery team started 2022 on “a high note.” The number of loans issued via the platform and the total amount of debt recovered increased when compared to the last month. As noted by Bondora,… Read More

February 23, 2022 @ 8:29 am By Omar Faridi  |  

The first month of this year saw €16.3M in loans originated via EstateGuru with Estonia and Germany together contributing more than half the total amount of funding. Due to seasonality, repayments came in at a “modest” at €2.5M, accounting for 23 loans with “an average… Read More

February 23, 2022 @ 12:16 am By JD Alois  |  

Robocash Group is reporting net earnings of $31.8 Million for the fiscal year 2021 in comparison to $24 million in 2020. The lending Fintech said that during 2021 it issued $797.7 million in loans across all of its active markets. This is a 147.4% increase… Read More

February 22, 2022 @ 12:43 pm By Omar Faridi  |  

Bit2Me is joining forces with Axie Infinity. At Bit2Me, the first VASP approved to offer services in Spain, they have entered an agreement with Axie Infinity to be their “reference partners” in Spain, Portugal, and Latin America. In addition, they’ll be supporting events organized by… Read More

February 22, 2022 @ 8:52 am By JD Alois  |  

Bitpanda, an Austrian digital asset exchange, has acquired Trustology, according to a statement by Bitpanda. The move aims to bring in-house custody services for digital assets. Bitpanda stated: “We’re thrilled to welcome Trustology to Team Bitpanda! As one of the fastest-growing Fintechs, international expansion and… Read More

February 22, 2022 @ 8:30 am By Tony Zerucha  |  

Securitize, the digital asset securities firm, today announced its acquisition of Pacific Stock Transfer.  With more than 1.2 million investor accounts and north of 3,000 private and publicly traded clients, Securitize said it is now one of the top 10 largest stock transfer agencies in… Read More

February 21, 2022 @ 11:18 pm By JD Alois  |  

Amber Group, a digital asset platform based in Singapore, has raised $200 million in Series B funding at a $3 billion valuation. The funding was led by Temasek with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, Coinbase… Read More

February 21, 2022 @ 8:54 pm By Omar Faridi  |  

Private securities market pioneers, Rialto Markets and Zanbato, have entered into a new partnership in order to address the requirements of a fast-evolving investor sector. Zanbato’s Alternative Trading System, ZX, reportedly supports some of the world’s largest membership of banking institutions, brokers and their wealth… Read More