General News

December 11, 2022 @ 11:39 am By Omar Faridi  |  

BNP Paribas Asset Management announces the acquisition of a majority stake in Danish natural resources specialist International Woodland Company (IWC). IWC is headquartered in Copenhagen and reportedly “has more than 30 years’ experience in providing investment management and advisory services within sustainable timberland investments, agriculture… Read More

December 8, 2022 @ 10:08 am By JD Alois  |  

More UK investors are planning to invest in venture capital offerings in 2023, according to research by Digital Horizon. It is important to note the survey polled LP types last month – iE home offices, asset managers, and other institutional money. Digital Horizon states that… Read More

December 7, 2022 @ 11:09 pm By JD Alois  |  

Vaultree, a cybersecurity firm, has raised a $12.8 million series A round led by Molten Ventures – along with Ten Eleven Ventures. Vaultree offers encryption services that allow for the processing of large amounts of data, including in financial services. In the event of a… Read More

December 7, 2022 @ 10:38 pm By Omar Faridi  |  

BDx Indonesia, a joint venture company of Big Data Exchange (BDx), PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), and PT Aplikanusa Lintasarta, and the largest wholesale data center and cloud-focused operations creating digital infrastructure in the Indonesian market, is pleased “to announce the appointment… Read More

December 7, 2022 @ 9:47 pm By Omar Faridi  |  

Q-CTRL, which claims to be a global leader in infrastructure software for quantum technology, announced the release of Fire Opal, which is described as “a user-friendly software package designed to enable algorithm developers to get useful results from today’s imperfect quantum computers.” The announcement was… Read More

December 7, 2022 @ 6:21 pm By Omar Faridi  |  

Operative Intelligence, which claims to be the first purpose-built Demand-Insights-as-a-Service platform, raised $3.5 million in a seed funding round “to significantly expand its team and scale its customer intelligence product capabilities for the world’s leading enterprise companies.” The investment round was “led by Bonfire Ventures… Read More

December 7, 2022 @ 4:44 pm By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) has published its annual Systemic Risk Barometer Survey. The results should come as no surprise. According to DTCC: 68% of survey respondents cited Geopolitical Risks & Trade Tensions as a top threat, up from 49% last year 61%… Read More

December 5, 2022 @ 10:06 pm By Omar Faridi  |  

Keyrock, digital asset market maker, raised $72 million in its Series B funding round from investors “including Ripple, SIX Fintech Ventures and Middlegame Ventures.” Keyrock plans to use the funding from its investment round “to invest further into infrastructure development, scalability tools, as well as… Read More

December 5, 2022 @ 7:24 pm By Omar Faridi  |  

HYPR, the Passwordless Company, announced a $25 million Series C1 led by Advent International “through Advent Tech, the firm’s dedicated global technology fund.” The investment round brings HYPR’s total funds “raised to $97 million and includes participation from existing investors including .406 Ventures, RRE Ventures,… Read More

December 5, 2022 @ 4:20 pm By Omar Faridi  |  

The team at Ledger notes that NFTs are ushering in “an artistic renaissance that has barely begun to play itself out, changing how art, music and, more broadly, culture is digitally generated, owned and exchanged forever.” As the platform to secure and manage NFTs, Ledger… Read More

December 5, 2022 @ 11:21 am By Omar Faridi  |  

The Governing Council of the European Central Bank has reportedly decided to reschedule the launch of the Eurosystem Collateral Management System (ECMS) from 20 November 2023 to 8 April 2024. This decision was “taken to mitigate the impact of the rescheduled launch of T2, the… Read More

December 4, 2022 @ 8:54 pm By Omar Faridi  |  

Quantifi, a provider of risk, analytics, and trading solutions, today announced it has been selected by Nomura Holdings to support its structured credit team. Nomura, a global financial services group with an integrated network spanning over 30 countries, “offers credit trading and structured credit solutions… Read More

December 4, 2022 @ 5:45 pm By Omar Faridi  |  

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced significant platform enhancements “making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications.” The Genesis platform “helps developers to build robust applications… Read More

December 3, 2022 @ 1:27 pm By Omar Faridi  |  

Euronext Group and Nexi S.p.A. recently announced “the completion of the purchase and sale of the technology businesses currently powering MTS, Euronext’s fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) by Nexi to Euronext, following receipt of approvals from the competent authorities… Read More

December 2, 2022 @ 3:40 pm By JD Alois  |  

Online capital formation is getting hit by all of the things impacting public markets. Record high inflation, rising interest rates, war in Ukraine, and tension with China all combine to compel investors to pull back. Crowdfund Capital Advisors (CCA) has shared some information on activity… Read More

December 2, 2022 @ 8:08 am By Omar Faridi  |  

Axway, a provider of API management and integration software, announced new data from its inaugural 2022 Open Everything Strategy Survey Report. Polling nearly 1,000 IT leaders, architects, and developers about their digital strategies and top concerns, the survey “found nearly 40% of organizations are in… Read More

December 1, 2022 @ 5:25 pm By Omar Faridi  |  

Daylight, an Application Programming Interface (API) that aggregates Web3 perks all in one place, has raised $3M in a seed round “co-led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi), and Chapter One, an early stage venture… Read More

December 1, 2022 @ 4:35 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has taken to Twitter to criticize Apple (NASDAQ:APPL) because it has blocked its most recent App update as Coinbase moved to evade app store fees. Coinbase said that Apple does not understand how NFTs and blockchain work, and thus Apple is in the wrong…. Read More

December 1, 2022 @ 9:50 am By JD Alois  |  

LastPass has posted a notice that it has experienced another data breach – with the perpetrators apparently utilizing information stolen before. LastPass is best known for its GoTo products enabling virtual operating environments. LastPass stated: “We recently detected unusual activity within a third-party cloud storage… Read More

November 29, 2022 @ 11:08 pm By Omar Faridi  |  

UK’s online pension provider, PensionBee (which has reached £3 billion in assets under administration), has partnered with specialist communication charity, Speakers Trust, in order “to help unlock greater confidence in the workplace when public speaking, by utilizing essential communication techniques.” The two organizations have “collaborated… Read More