Tagged: digital assets

January 26, 2024 @ 10:30 am By Omar Faridi  |  

Global digital asset banking group Sygnum announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this… Read More

January 26, 2024 @ 9:05 am By Omar Faridi  |  

BitGo announces its partnership and investment from Brink’s Global Services, a global leader in secure logistics and asset protection. This investment comes after BitGo’s most recent $100M Series C financing “from new, outside strategic investors with a valuation of $1.75B.” Baylor Myers, Vice President of… Read More

January 25, 2024 @ 5:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced recently its activation of crypto capabilities in several new international markets in Asia, Europe, North America and South America with existing clients Hapi and SogoTrade. Bakkt and stock trading platform Hapi have reportedly “broadened their active crypto trading capabilities… Read More

January 24, 2024 @ 6:37 pm By Omar Faridi  |  

DIFC Innovation Hub, which claims to be the largest start-up and innovation hub in the world operating out of Dubai International Financial Centre (DIFC), the global financial centre in the MEASA) region, is collaborating with global Swiss wealth management firm, Julius Baer, and the Financial… Read More

January 24, 2024 @ 12:19 pm By Omar Faridi  |  

HashKey Group, an end-to-end digital asset financial services group in Asia, and OKX, a global Web3 technology company and crypto exchange, announced plans to “create a partnership to promote compliant virtual asset innovation and industry development in Hong Kong.” The planned collaboration is to “include… Read More

January 23, 2024 @ 7:03 am By Omar Faridi  |  

In the fourth quarter of 2023, the crypto market experienced a surge in anticipation related to ETFs, “particularly with the growing optimism surrounding the potential approval of US spot Bitcoin ETFs,” the CoinGecko team noted. CoinGecko also mentioned that this optimism appears to have “contributed… Read More

January 21, 2024 @ 8:11 pm By Omar Faridi  |  

Aquanow, a digital assets infrastructure provider, and Gate.io, a global cryptocurrency exchange with reportedly over $6B in daily volume, announced that they’ve entered into a partnership in order “to build global liquidity for the next wave of blockchain projects.” Phil Sham, CEO of Aquanow, said:… Read More

January 20, 2024 @ 12:56 am By Omar Faridi  |  

Michael Nadeau, the founder of The DeFi Report who also helps startups and asset managers, has pointed out that Ethereum (ETH), the world’s largest smart contract platform, reached $10 billion in revenue “faster than any other major software company besides Google.” Although this may be… Read More

January 17, 2024 @ 9:16 pm By Omar Faridi  |  

HashKey Group, a digital asset financial services group in Asia, announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion. In addition to the participation and commitment of existing shareholders, this financing round attracted new… Read More

January 15, 2024 @ 11:49 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting that digital asset investment products saw $1.18 billion inflows last week (subject to T+2 settlement), although this did “not break the record set at the launch of the futures-based Bitcoin ETFs which totaled $1.5 billion back… Read More

January 14, 2024 @ 4:09 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce select unaudited financial results for Netcoins’ Q4 2023 and the launch of its Crypto Trading API. Assets under Management… Read More

January 14, 2024 @ 4:06 pm By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS; US OTCQX: CNSRF) announced it has exercised the option to acquire Valkyrie Funds LLC, the U.S. digital asset manager’s investment advisory business specializing “in actively managed cryptocurrency exchange-traded funds, from Valkyrie Investments Inc.” CoinShares‘ decision to exercise this option… Read More

January 14, 2024 @ 3:58 pm By Omar Faridi  |  

Trading and investing platform, eToro, announced the addition of spot bitcoin ETFs to the platform, following the Security and Exchange Commission’s (SEC) approval of the products. US users can buy iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB) on eToro for whole share… Read More

January 14, 2024 @ 3:55 pm By Omar Faridi  |  

Bitpanda has commented on why they think spot Bitcoin ETFs are a “game-changer” for the crypto market. Bitpanda notes in a blog post the crypto world has “reached an important milestone as major financial institutions receive approval from the U.S. Securities and Exchange Commission (SEC)… Read More

January 3, 2024 @ 9:17 am By Omar Faridi  |  

CoinGecko has released a list of top-performing digital currencies throughout 2023. However, it must be noted that these gains could be short-term because many of these projects involve meme coins or initiatives that don’t really have a meaningful value proposition. Despite their lack of real-world… Read More

December 31, 2023 @ 3:34 pm By Omar Faridi  |  

Marco Manoppo, the Research Director at Digital Asset Research, has shared several notable developments that took place recently in the crypto and blockchain sector. Marco from Digital Asset Research notes that all of the following happened in crypto this week: MicroStrategy Acquires $615M worth of… Read More

December 31, 2023 @ 1:30 pm By Omar Faridi  |  

As the end of the year approaches, the Nansen team has shared key insights on higher-probability scenarios poised to take center-stage in 2024. In line or consistent with prevailing sentiment, which leans toward positive scenarios for crypto in 2024, Nansen says that their outlook remains… Read More

December 30, 2023 @ 12:45 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group and TerraZero is pleased to announce that it has on-boarded one of “the largest publicly traded Bitcoin Mining companies as an OTC Trading Client –… Read More

December 29, 2023 @ 10:09 am By Omar Faridi  |  

In an industry that moves like no other, crypto has had “a year like no other,” according to an update from BitMEX. BitMEX, which was once the leading crypto derivatives exchange but experienced major regulatory challenges and enforcement actions a few year back, noted in… Read More

December 28, 2023 @ 2:21 pm By Omar Faridi  |  

Blockstream, the global firm focused on Bitcoin infrastructure technology, has  announced the upcoming Series 2 launch of its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note. As stated in a blog post by Blockstream, here ar ethe Key Facts: Series 1 was oversubscribed, demonstrating strong… Read More