Tagged: crypto-assets

April 12, 2022 @ 5:17 pm By Omar Faridi  |  

According to a Nasdaq survey of 500 financial advisors who are “currently or considering allocating to crypto,” 72% of advisors would be “more likely to invest client assets in crypto if a spot ETF product were offered in the United States.” Among advisors already investing… Read More

April 12, 2022 @ 4:11 pm By Omar Faridi  |  

All FDIC-supervised institutions that plan to engage in, or that are presently engaged in, any activities involving or related to crypto-assets are now required to inform the FDIC. FDIC-supervised institutions are “requested to provide information described in this letter.” The FDIC confirmed that it would… Read More

April 12, 2022 @ 8:50 am By Omar Faridi  |  

White Star Capital, a multi-stage tech venture capital investment platform that backs founders building interantional businesses, announced the initial close of its second Digital Asset Fund (DAF II). The fund, which will continue to invest in crypto-networks and early-stage blockchain or DLT-powered Web3 businesses, with… Read More

April 11, 2022 @ 7:50 pm By Omar Faridi  |  

Unifimoney Inc., a “turnkey” digital wealth management platform for Community Banks and Credit Unions, recently announced a $10 million seed funding round. Unifimoney’s platform offers “a comprehensive digital wealth management platform with trading of over 70 cryptocurrencies, passive and active investing in thousands of stocks… Read More

April 11, 2022 @ 8:21 am By Omar Faridi  |  

Bitstamp, which claims to be the world’s longest running crypto exchange, recently announced its “Bitstamp-as-a-Service,” or BSaaS, a fast, cost-effective, and “hassle-free” way for institutions “to enter the rapidly growing crypto market in the U.S.” The service will provide Fintechs and traditional financial institutions “with… Read More

April 7, 2022 @ 11:49 pm By Omar Faridi  |  

RockX, one of Asia’s largest crypto staking providers, announced the completion of its $6 million Series A funding round. The investment round was led by Amber Group, a global digital asset platform, and was joined by other prominent crypto industry leaders “including Matrixport, Primitive Ventures,… Read More

April 7, 2022 @ 10:27 am By Omar Faridi  |  

Kassio, a “crypto-for-everyone” platform that allows users to buy, sell, borrow, earn and utilize cryptos, has raised funds worth $1.6 million via its pre-seed round. Kassio has acquired the capital from two major European investment funds, and Aalto Capital, which has led the investment round…. Read More

April 6, 2022 @ 10:07 pm By Omar Faridi  |  

  CoinSmart Financial Inc., which claims to be one of Canada’s leading crypto-asset trading platforms, has announced its investment in NFT cross-bridge marketplace, Curate. The partnership agreement reportedly “includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority… Read More

April 4, 2022 @ 10:15 pm By Omar Faridi  |  

Although centralized crypto exchanges (CEXes) and decentralized crypto exchanges (DEXes) are often said to be in competition with each other, an executive from Huobi Ventures believes the opposite is true. During the annual Harvard Blockchain Conference held 27 March 2022, Huobi Ventures Investment Director HaiJing… Read More

April 4, 2022 @ 11:09 am By Omar Faridi  |  

This latest version of 1inch‘s mobile wallet will enable Android users “to take advantage of convenient token swaps at the most competitive rates, as well as other functionality.” The 1inch Wallet for iOS, launched last April, “turned out to be absolutely successful with users, and… Read More

April 4, 2022 @ 8:28 am By Omar Faridi  |  

YouGov’s report The Future of Financial Services Report looks at the ongoing transformation of the US and international financial service industry as it “faces the headwinds of changing consumer expectations and wider industry fragmentation.” Recent data collected “paints a revealing picture of disruptions within the… Read More

April 3, 2022 @ 3:30 pm By Omar Faridi  |  

The team at digital asset firm Gemini has added support for a new set of digital tokens. The following crypto tokens are available for trading on their API/FIX and ActiveTrader applications “for USD trading pairs, and on the Gemini Mobile App and website for USD,… Read More

April 3, 2022 @ 11:00 am By Omar Faridi  |  

  OKX, a cryptocurrency exchange and ecosystem, has announced a partnership with Ethereum’s Layer 2 scaling solution for non-fungible tokens (NFTs), Immutable X. As mentioned in an update shared with CI, the partnership should “accelerate OKX’s strategy to make MetaX the DeFi portal of choice… Read More

March 29, 2022 @ 7:18 am By Omar Faridi  |  

Steven L. Schwarcz, a Stanley A. Star Distinguished Professor of Law & Business at Duke University School of Law, notes that in the paper, titled Next-Generation Securitization: NFTs, Tokenization, and the Monetization of ‘Things’ (forthcoming in the Boston University Law Review), he has looked at the surge… Read More

March 28, 2022 @ 11:45 pm By Omar Faridi  |  

Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a Fortune 500 company and one of Shanghai’s biggest state-backed enterprises focusing on real estate, infrastructure and finance, and the MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary… Read More

March 28, 2022 @ 4:05 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Robonomics (XRT). As noted in a blog post by Kraken, funding “is live, and trading will begin on March 24 at approximately 19:30 UTC.” You may “keep… Read More

March 28, 2022 @ 3:34 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security, has announced the signing of a business agreement with CAMO LABEL, an NFT studio, “focused on strengthening the security of digital assets (including… Read More

March 28, 2022 @ 8:04 am By Omar Faridi  |  

At the beginning of 2022, Gemini had welcomed their CTO, Pravjit Tiwana, who joined them from Amazon Web Services (AWS). Pravjit is responsible for leading Gemini’s Engineering, Product, and Information Security teams, with “a vision of building customer-centric innovative products that harness the opportunities of… Read More

March 25, 2022 @ 3:36 pm By Omar Faridi  |  

  Alviere, the international embedded Fintech that enables “any brand” to deliver a full suite of financial products and services to clients, fans and employees, has announced a partnership with Coinbase Prime, a service of Coinbase Global Inc. (NASDAQ: COIN), in order to offer cryptocurrency… Read More

March 24, 2022 @ 4:27 pm By Omar Faridi  |  

Cowen Inc. (NASDAQ:COWN) has announced the launch of its digital asset division, Cowen Digital LLC. Based in Stamford, Connecticut, the division offers full-service trade execution and custody solutions “on a platform that provides institutional clients with secure and compliant access to the digital asset ecosystem.”… Read More