May 18, 2023 @ 4:38 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs),  announced Andrea Collins’ appointment as its first Chief Marketing Officer. Collins brings “over two decades of strategic and creative marketing and communications expertise, building and overseeing iconic brands.” She will report “to founder… Read More

May 18, 2023 @ 4:33 pm By Omar Faridi  |  

Horizon Blockchain Games, a web3 infrastructure and gaming company, and Polygon Labs, a growth and development team for the Polygon protocols, announced a strategic alliance aimed at enhancing web3 infrastructure. Horizon’s Sequence product is described as “a leading web3 developer platform: its modular all-in-one web3… Read More

May 18, 2023 @ 11:26 am By Omar Faridi  |  

Socotra, Inc. announced availability of their insurance policy core platform Connected Core in AWS Marketplace. This move will make it easier for insurers “to adopt the platform, resulting in faster implementation times and improved efficiencies.” AWS Marketplace is “a digital catalog with thousands of software… Read More

May 18, 2023 @ 10:23 am By JD Alois  |  

Earlier this week, CI reported that ten companies that raised money under the Regulation A (Reg A+) securities exemption were the targets of enforcement actions by the Securities and Exchange Commission (SEC). All of these issuers settled with the Commission by paying a penalty ranging… Read More

May 18, 2023 @ 9:27 am By Omar Faridi  |  

bolttech announced it raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion. The investment round was “led by Tokio Marine – Japan’s first insurance company with a 140-year history.” Other key investors “include global life insurance giant MetLife… Read More

May 18, 2023 @ 9:11 am By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) is a provider of outsourced trading services to BondBloxx, an issuer of precision fixed income ETFs who recently surpassed $1 billion in assets under management and was also awarded “New ETF Issuer of the Year for 2022” by etf.com. BondBloxx, the… Read More

May 18, 2023 @ 8:48 am By Omar Faridi  |  

Flipside, a “pioneer” in blockchain marketplace design and analytics, announced the launch of its on-demand blockchain data offering specifically for the enterprise. Flipside Shares is “available on Snowflake Marketplace and provides joint customers – of all sizes – with access to expertly modeled and curated… Read More

May 18, 2023 @ 8:08 am By JD Alois  |  

Top dollar based stablecoin issuer Tether says it will take its operating profits and purchase Bitcoin. Tether said that it first manages reserves but the purchase of Bitcoin, the worlds most popular crypto, will further strengthen reserves. The purchases of Bitcoin will commence this month… Read More

May 18, 2023 @ 7:23 am By JD Alois  |  

Digital asset industry participants are pushing back against the Parliament Treasury Committee’s report on crypto that declared the asset class should be treated like gambling. The statement was predicated on the opinion that many cryptocurrencies hold no intrinsic value – except for speculation. The Chair… Read More

May 18, 2023 @ 7:00 am By Omar Faridi  |  

With this key acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 Ripple, the Fintech focused on enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying… Read More

May 18, 2023 @ 6:46 am By Omar Faridi  |  

IDEX Biometrics is expanding biometric payment card programs in Turkey with a fourth issuer. This fast growing bank challenger “represents a customer portfolio of more than 10 million customers.” The biometric payment cards from this issuer are “expected to be in consumers’ hands by the… Read More

May 18, 2023 @ 4:24 am By Omar Faridi  |  

FloQast announced that the FloQast Accounting Operations Platform is now available on SAP Store, the online marketplace for SAP and partner offerings. FloQast integrates with SAP S/4HANA and SAP ERP ECC and “allows accounting teams to streamline processes such as reconciliations, documentation requests, and other… Read More

May 17, 2023 @ 11:29 pm By Omar Faridi  |  

Fabrick, a European leader in ‘Open Finance’, announces today the acquisition of Judopay, a UK-based mobile payments company. This deal will allow Fabrick’s Payment Orchestra “to benefit from Judopay’s innovation expertise in digital commerce.” Together, they will “define new models and standards to provide smoother… Read More

May 17, 2023 @ 11:17 pm By Omar Faridi  |  

Digital wealth platform Yield App has partnered with Volt, the global real-time payments gateway, in order “to offer additional GBP and EUR on-ramps via FPS and SEPA Instant.” Yield App customers “can now buy cryptocurrency in real time directly with their bank, thanks to the… Read More

May 17, 2023 @ 10:45 pm By Omar Faridi  |  

Criminals have never had more avenues through which to defraud people, according to an update from ComplyAdvantage. This has been “fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments.” That’s why ComplyAdvantage, a key… Read More

May 17, 2023 @ 10:24 pm By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS), the European digital asset manager, has published its results for the quarter ending 31st March 2023. Jean-Marie Mognetti, Chief Executive Officer of CoinShares said: “I’m pleased to announce that Q1 2023 has underscored CoinShares’ robust resilience and adaptability. The… Read More

May 17, 2023 @ 10:20 pm By Omar Faridi  |  

River, a Bitcoin technology and financial services startup, announced a $35 million equity round. This series B funding was led by Kingsway Capital. Other contributors to the investment round “included Peter Thiel, Goldcrest, Cygni, M13, Valor Equity Partners, Esas Ventures, and Alarko Ventures.” River is… Read More

May 17, 2023 @ 10:17 pm By Omar Faridi  |  

Matrixport, which claims to be one of the world’s largest and trusted digital assets financial services ecosystems, announced a partnership with Copper.co, an institutional digital asset custody provider, “integrating its pioneering off-exchange collateral management and settlement solution, ClearLoop.” This collaboration “enhances Matrixport’s prime brokerage offerings… Read More

May 17, 2023 @ 10:14 pm By Omar Faridi  |  

Robocash Group recently commented on their latest audited financial statements for 2021-2022. Natalya Ischenko, CEO of Robocash Group, also spoke about the platform’s first results for 2023 and “shared the Group’s immediate plans.” As noted in a blog post by Robo.cash, there were around 30,000… Read More

May 17, 2023 @ 5:19 pm By JD Alois  |  

This morning, a Parliament Treasury Committee issued a report that was highly critical of crypto, announcing that it believes this sector should be regulated similarly to gambling. The Committee said many digital assets have no intrinsic value, creating unecessary risk for UK investors. Today, Innovate… Read More