Strategy

November 11, 2023 @ 9:19 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced today its planned expansion of crypto capabilities into numerous international markets “with both existing and newly-signed clients by year end.” Latin America: Bakkt and long-standing client Hapi, a stock trading platform, recently furthered their Latin American crypto trading capabilities,… Read More

November 9, 2023 @ 10:43 pm By Omar Faridi  |  

The Travelers Companies, Inc. (NYSE: TRV) announced that it has agreed to acquire Corvus Insurance Holdings, Inc. for approximately $435 million. Founded in 2017, Corvus is an industry-leading cyber insurance managing general underwriter, “powered by proprietary technology.” Alan Schnitzer, Chairman and Chief Executive Officer of… Read More

November 8, 2023 @ 5:22 pm By Omar Faridi  |  

Primer, the unified infrastructure for global payments and commerce, has secured investment from the internet company Tencent. Primer claims that it has experienced rapid growth “across Europe, Asia Pacific and the US markets including significant customer wins across retail, fashion, travel and mobility industries with… Read More

October 31, 2023 @ 12:41 pm By JD Alois  |  

As part of a broader warning, the Canadian Securities Administrators (CSA) has cautioned investors to only buy digital assets, or crypto, via registered crypto trading platforms or “CTPs”. Canada has instituted a registration regime for crypto exchanges to provide a level of diligence and security… Read More

October 31, 2023 @ 12:07 pm By Hunter Threet  |  

Venture capital markets showed signs of improvement in the second quarter of 2023. According to Carta, early-stage companies using its platform raised $15.4 billion in funding during the second quarter of 2023, which was up 26 percent from the first quarter. Despite these recent improvements,… Read More

October 31, 2023 @ 10:19 am By Omar Faridi  |  

James Butterfill from CoinShares notes that rising optimism has “prompted largest inflows for 1 & ½ years at $326 million.” The team at CoinShares notes in their weekly update that digital asset investment products reportedly “saw inflows of US$326m, the largest single week of inflows… Read More

October 29, 2023 @ 10:53 pm By Omar Faridi  |  

Injective, the blockchain built for finance, published its DeFi Trader Survey 2023. The research draws from various cryptocurrency trading communities, “aiming to provide a comprehensive understanding of how professionals and amateurs approach cryptocurrency trading, their motivations, and valuable lessons for the wider trading community.” Most… Read More

October 26, 2023 @ 10:27 am By JD Alois  |  

The Enterprise Investment Scheme (EIS) and Seed Investment Enterprise Scheme (SEIS) provide materially important tax benefits for investors in early-stage firms in the UK. Designed to encourage the support of entrepreneurs and younger firms, EIS and SEIS mitigate risk for investors while possibly generating tax-free… Read More

October 23, 2023 @ 9:27 pm By JD Alois  |  

Bitcoin has increased by over 18% today, now trading at over $33,000. Just yesterday, Bitcoin was trading under $30,000. Bitcoin has always been a volatile digital asset that gyrated quickly in price – sometimes without an apparent catalyst. The most popular crypto in the world… Read More

October 23, 2023 @ 8:48 pm By Omar Faridi  |  

Ubank’s CEO Philippa Watson and Head of Product for Everyday Banking, Andy Wright recently shared key insights at the 10th annual Australian FinTech Summit. In a discussion during the 10th annual FinTech Summit, ubank’s CEO Philippa Watson shed light on how ubank is “redefining customer… Read More

October 19, 2023 @ 7:31 pm By Omar Faridi  |  

Ava Labs is accelerating its push in India with key strategic hires: Devika Mittal and Kamakshi Arjun, who will focus on the firm’s growth in the Indian market. Before joining Ava Labs, Devika was “the Head of Token Listings for Okcoin (in the OKX umbrella),… Read More

October 19, 2023 @ 11:04 am By Omar Faridi  |  

Analysis by PensionBee, an online pension provider, has found that putting a pay rise in a pension now can “lead to a bigger rise in annual retirement income later on.” Regular pay including bonuses in the UK “rose 8.5% in the year to July 2023,… Read More

October 17, 2023 @ 9:32 pm By Omar Faridi  |  

Digital asset investment products saw inflows for the 3rd consecutive week totaling US $15m, although trading volumes remain 27% below the 2023 average, according to an update from CoinShares. CoinShares also revealed in its report that Bitcoin saw $16 million inflows last week, “bringing the… Read More

October 14, 2023 @ 6:05 pm By Omar Faridi  |  

US Consumer Price Index (CPI) data published Thursday supports the case that the Federal Reserve will likely “implement one more interest rate hike,” says the CEO of one of a financial advisory, asset management and fintech organization. The prediction from Nigel Green of deVere Group… Read More

October 10, 2023 @ 9:06 am By Omar Faridi  |  

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared insights on the latest developments in the Bitcoin (BTC) and digital assets markets. Analyzing BTC supply, Greco notes that approximately 68.5% of “the total circulating supply has… Read More

October 5, 2023 @ 11:34 am By Howard Marks  |  

There’s no question that by allowing entrepreneurs to raise capital from a broad investor base, Regulation Crowdfunding (Reg CF) has transformed the landscape of small business financing. But recently, some in the industry, including several prominent crowdfunding platforms, have started to question exactly how broad… Read More

October 2, 2023 @ 10:40 am By Omar Faridi  |  

The Bitcoin (BTC) price is finally surging and the digital assets markets looks like its beginning to heat up again. Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared key insights with CI regarding the latest… Read More

October 2, 2023 @ 8:48 am By Omar Faridi  |  

Enterprise blockchain firm Ripple‘s co-founder Chris Larsen recently commented on how the UK has become a major Fintech hub. The UK is also adopting a progressive approach to regulating crypto-assets, according to Ripple co-founder Chris Larsen (although certain significant challenges still remain). The UK has,… Read More

October 2, 2023 @ 8:41 am By Omar Faridi  |  

Coinbase Singapore has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This development, coming after Coinbase’s (NASDAQ:COIN) initial In Principle Approval, amplifies their commitment to the Singapore market, enabling them “to expand their provision of Digital Payment Token services to… Read More

October 1, 2023 @ 9:19 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, recently marked its tenth anniversary serving Irish businesses, “with the release of data revealing widespread, rapid growth in the country’s internet economy.” Over the last decade, conditions for Ireland’s internet businesses “have improved dramatically.” Homegrown startups now “have… Read More