November 6, 2022 @ 8:43 pm By Omar Faridi  |  

iLex, a Platform-as-a-Service fintech that designs, builds and operates digital market infrastructures for the US$6 trillion syndicated loans and private credit market, announced recently that it “has US$10 billion of assets listed on its platform.” The number of market participants across APAC and EMEA on… Read More

November 6, 2022 @ 8:37 pm By Omar Faridi  |  

Jakarta-based Bank Negara Indonesia (BNI) is migrating to the Avaloq Core Platform to support “the success of its Wealth Management Division.” Avaloq will “enable the bank to digitalize key business processes and meet the needs of the country’s growing wealth management and private banking clients.”… Read More

November 6, 2022 @ 5:34 pm By Omar Faridi  |  

Binance claims that it exists “to make crypto available to as many people as possible, as well as to serve as the easiest-to-use infrastructure services provider in the blockchain industry.” As part of that mission, Binance has partnered with Ledger “to bring different strands of… Read More

November 6, 2022 @ 5:07 pm By Omar Faridi  |  

Digital asset firm Okcoin has successfully completed a security audit. This milestone is just another step in their journey of offering their customers the “safest” crypto experience in the industry, the firm claims. As noted in the update, Okcoin has successfully completed the Service Organization… Read More

November 6, 2022 @ 4:36 pm By JD Alois  |  

A recent report from Crowdfund Capital Advisors indicates that investment crowdfunding under Reg CF is experiencing a pullback in the month of October. Virtually all markets have been roiled by exceptionally high inflation, rising interest rates, and general risk-off sentient. CCA reports that October is… Read More

November 6, 2022 @ 4:07 pm By Omar Faridi  |  

Zilch, which claims to be one of the world’s first Commerce Cards, recently announced it has surpassed the 3 million customer milestone – “outpacing fintech heavyweights like Revolut, Starling Bank and N26.” Zilch’s direct-to-consumer approach “continues to outperform the market showing significantly stronger levels of… Read More

November 6, 2022 @ 3:28 pm By Omar Faridi  |  

Revolut, the global financial superapp with more than 20 million customers worldwide, and more than five million retail customers in the UK, has released its Poppy card in partnership with the Royal British Legion and Visa. The card provides Revolut’s UK customers “with a unique… Read More

November 6, 2022 @ 3:26 pm By Omar Faridi  |  

Momentum Global Investment Management (MGIM) has appointed MDOTM Ltd., the global provider of AI-driven investment solutions, “as a strategic partner to help it develop AI driven investment insights and triggers that can be integrated into and enhance MGIM’s well established outcomes-based investment process.” The focus… Read More

November 5, 2022 @ 6:41 pm By Omar Faridi  |  

OKX, which claims to be the world’s second largest crypto exchange by volume (behind Binance) and a web3 platform, announced its registration as a Digital Asset Business in The Bahamas “under the newly adopted Digital Assets and Registered Exchanges (DARE) Act.” The company has also… Read More

November 5, 2022 @ 6:38 pm By Omar Faridi  |  

Ant Group Digital Technologies, a digital technology provider under Ant Group, unveiled its blockchain storage engine “LETUS” (Log-structured Efficient Trusted Universal Storage) at the Apsara Conference 2022 in Hangzhou. LETUS, which was developed and designed by the AntChain team, will “increase the effectiveness and lower… Read More

November 5, 2022 @ 6:33 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against the creator and promoters of the Trade Coin Club, which is described as a “global crypto Ponzi scheme.” According to the SEC, the alleged ponzi scam raised $295 million from more than 100,000 investors around… Read More

November 5, 2022 @ 4:42 pm By Omar Faridi  |  

Arqit Quantum Inc. (Nasdaq: ARQQ), a key player in quantum-safe encryption, has signed a contract with Nine23 Ltd, a cybersecurity solutions provider for UK regulated and compliant sectors, “to deploy Arqit’s QuantumCloud™, a symmetric key agreement software, on Nine23’s UK Sovereign Secure Private Cloud infrastructure… Read More

November 5, 2022 @ 4:40 pm By Omar Faridi  |  

Finastra has announced that NBP (National Bank of Pakistan) has implemented Finastra’s Fusion Trade Innovation solution “to power its trade finance operations.” InfoTech (Pvt) Ltd., a systems integrator and Finastra’s exclusive authorized and certified reseller in Pakistan, “led the deal and implemented the solution, which… Read More

November 5, 2022 @ 4:38 pm By Omar Faridi  |  

ThriveDX, the global cybersecurity education solutions provider, announced today it is prioritizing a new category in cybersecurity, “Human Factor Security”, in order “to close the global cybersecurity skills and talent gap while increasing diversity and inclusion across the industry.” Cybersecurity Ventures reported that “there are… Read More

November 5, 2022 @ 1:24 pm By Omar Faridi  |  

MSCI Inc. (NYSE: MSCI), a provider of critical decision support tools and services for the global investment community, announced the launch of digital-asset indexes, “offering a way to help investors evaluate sources of risk and return opportunities across the global digital-assets ecosystem.” These digital asset… Read More

November 5, 2022 @ 1:23 pm By Omar Faridi  |  

Evmos, the port-of-entry from Ethereum to Cosmos, sees its core developer, Tharsis Labs, announcing it has raised $27M in Seed funding “to accelerate the growth of its ecosystem of interoperable dApps.” The round was “led by Polychain Capital with participation from Galaxy, Huobi, HashKey, Coinbase… Read More

November 4, 2022 @ 4:39 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients, has signed a definitive agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. This acquisition is “expected… Read More

November 4, 2022 @ 4:36 pm By Omar Faridi  |  

WalletConnect, the web3 communications protocol company, announced that it has raised $12.5 million in an ecosystem round, “with participation from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon, Uniswap Labs Ventures, Union Square Ventures, 1kx, HashKey, Foresight Ventures, and others.” The ecosystem round “lays the groundwork… Read More

November 4, 2022 @ 3:43 pm By JD Alois  |  

Polkadot’s native token DOT is no longer a security, according to the Web3 foundation. Polkadot said it has been working with the Securities and Exchange Commission’s FinHub on the process. The Web3 Foundation said that DOT has “morphed” from a security to software, perhaps accomplishing… Read More

November 4, 2022 @ 3:21 pm By JD Alois  |  

ADDX, a Singapore-based digital securities exchange, has “tokenized” a portfolio of wine from top vineyards in Burgundy, France, providing a keen example as to how distributed ledger technology can be utilized to turn different products into digital assets. According to ADDX, the estimated worth of… Read More