Tagged: digital assets

July 5, 2022 @ 11:56 pm By Omar Faridi  |  

CACEIS is a major player in the fast-evolving asset servicing sector and “aims to broaden its offering on digital assets with services that meet clients’ growing demand.” Accordingly, CACEIS signed an agreement with Taurus, a Swiss company that claims to be a European market leader… Read More

July 5, 2022 @ 7:28 pm By Omar Faridi  |  

This summer, Gemini is making it easier for users to participate in the Solana ecosystem with Gemini’s Solana Summer fee promotion. Starting on July 1, 2022, the digital asset firm is “offering free USD trades to ActiveTrader and API (FIX and REST) users on the… Read More

July 5, 2022 @ 2:11 pm By Omar Faridi  |  

PolySign, Inc., a financial tech company providing blockchain-enabled digital asset infrastructure for institutional investors, recently announced the close of its $53 million Series C round with participation by Cowen Digital, Brevan Howard, GSR and others. Beyond the funding, PolySign also “secured a $25 million credit… Read More

July 5, 2022 @ 8:13 am By Omar Faridi  |  

The recent insolvency of hedge fund Three Arrows Capital (3AC) has not only led to a “cascade” of liquidity crises in the crypto industry, but also “shone a light on the significant risk posed by uncollateralized crypto loans,” according to a report by Huobi Research… Read More

July 4, 2022 @ 9:17 am By Omar Faridi  |  

Just three weeks after (the once leading) cryptocurrency lender Celsius revealed that it was halting withdrawals, platform users are now demanding some answers, according to a report from the WSJ. When crypto-asset lending platform Celsius had suspended customer accounts following a sharp decline in valuations,… Read More

July 4, 2022 @ 1:24 am By Omar Faridi  |  

Flowdesk announced that it has secured $30 million in funding from investors such as Eurazeo, Aglaé Ventures, ISAI, Speedinvest, Fabric.vc, Ledger, and Coinbase, and 20 “well-known” business angels, including Alexandre Prot (Qonto), Nicolas Julia (Sorare), Pascal Gauthier (Ledger) and Sébastien Borget (The Sandbox). Established in… Read More

July 3, 2022 @ 8:37 pm By Omar Faridi  |  

Coinbase Tracer, the analytics division of the digital asset firm Coinbase (NASDAQ:COIN), has reportedly committed to a contract with US Immigrations and Customs Enforcement that will allow the agency to gain access to various features and data caches. This would include historical geo tracking data… Read More

July 2, 2022 @ 11:27 am By Omar Faridi  |  

BEQUANT, the digital asset prime brokerage and exchange, is pleased to announce DeFi access for institutional clients, “realized through its recent integration with Fireblocks.” Clients will be able “to cross-margin between centralized and decentralized exchanges, making arbitrage trading more efficient.” DeFi marketplaces will be “fully… Read More

July 2, 2022 @ 7:46 am By Omar Faridi  |  

Aver, a Web3 betting and prediction exchange, recently launched its public beta on Solana. The public launch follows the project’s $7.5 million seed round earlier this year and “a successful closed-beta period in June.” The project is backed by “heavyweights” in the sports betting and… Read More

July 1, 2022 @ 8:37 am By Omar Faridi  |  

Societe Generale – FORGE, a “fully” integrated subsidiary of Societe Generale, providing issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, a provider of digital asset management technology and infrastructure, “to orchestrate its… Read More

June 29, 2022 @ 4:12 am By Omar Faridi  |  

ARK36, the CySec-regulated crypto hedge fund, announced that it has established a Fintech advisory board comprised of global fintech leaders, investment veterans and senior government advisors, and it has “appointed its first fintech advisory board consultants Frank Thorwald, Dr. Mark Moore, Wayne Christian and Lord… Read More

June 28, 2022 @ 7:40 am By Omar Faridi  |  

Hamilton Lane (NASDAQ: HLNE) recently announced that Victor Jung is joining the firm as Head of Digital Assets. In this role, Jung will be “responsible for developing and overseeing the execution of the firm’s digital asset strategy.” He will oversee this strategy globally and “report… Read More

June 28, 2022 @ 1:25 am By Omar Faridi  |  

Liminal, a wallet operations infrastructure that secures digital assets, has reportedly surpassed $3 billion in transactions via its platform. Established in 2021, this milestone comes “as a reflection of the company’s capacity to scale in a relatively short amount of time,” according to an update… Read More

June 27, 2022 @ 11:33 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) recently announced a faster, easier, and “less expensive” way of sending and receiving cryptocurrency via multiple networks, starting with Polygon, Coinbase’s first L2 integration, and Solana. With the ongoing surge in blockchain usage and increase in gas fees, “the process of sending crypto… Read More

June 25, 2022 @ 4:19 pm By Omar Faridi  |  

Recognizing the growth of digital markets alongside the continued “evolution” of the traditional securities services marketplace, Northern Trust (Nasdaq: NTRS) recently announced the formation of its Digital Assets and Financial Markets group, which will be led by Justin Chapman who “currently is global head of… Read More

June 25, 2022 @ 12:38 pm By Omar Faridi  |  

TS Imagine, which claims to be a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, in order “to offer institutional clients a fully regulated path to trade cryptocurrencies.” TS… Read More

June 24, 2022 @ 10:33 pm By Omar Faridi  |  

SDX Web3 Services,  the new service portfolio from SIX Digital Exchange (SDX),  is a range of offerings for institutional clients. SDX Web3 Services will aim to support the secure adoption by financial institutions of the next iteration of the World Wide Web, one that’s based… Read More

June 24, 2022 @ 4:25 pm By Omar Faridi  |  

CoinLoan, which claims to be the only EU-licensed provider of crypto-loan products, has announced a partnership with Elliptic, the global “leader” in crypto-asset risk management. As adoption and investment into crypto continues to increase, “so does the risk of cybercrime.” The range of crypto-assets and… Read More

June 23, 2022 @ 8:02 am By Omar Faridi  |  

Citi (NYSE: C) announced that it has selected METACO to develop and pilot digital asset custody capabilities. This collaboration “brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store and settle digital assets seamlessly… Read More

June 20, 2022 @ 10:24 pm By Omar Faridi  |  

Binance Custody recently announced official support for deposits and withdrawals for IOST, “among other tokens.” With this, IOST joins the list of supported digital tokens in the secure, “regulated,” and insured custody service for the safekeeping of virtual assets services for institutional clients “provided by… Read More