Tagged: digital assets

March 19, 2024 @ 2:38 pm By JD Alois  |  

Bitfinex Securities, a digital asset marketplace, reports that ALT2612, a tokenized bond, has issued its first payment to investors. Microlender Mikro Kapital issued the digital asset in 2023. The bond, which represents approximately 300,000 borrowers in 14 different countries, has a value of €1.09 billion. The… Read More

March 19, 2024 @ 10:18 am By JD Alois  |  

Luxembourg-based Tokeny has revealed a partnership with Moreliquid to tokenize the HSBC Euro Liquidity Fund. Moreliquid is a digital securities investment platform. Tokeny is a tokenization platform that enables issuers and other firms to enable digital securities. The Moreliquid Money Market EUR (MMMEUR) aims to… Read More

March 19, 2024 @ 7:14 am By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS), the European investment company specializing in digital assets, announced the completion of its acquisition of Valkyrie Funds LLC, the investment advisory business of Valkyrie Investments Inc., as well as the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed… Read More

March 18, 2024 @ 10:04 pm By Omar Faridi  |  

Bitcoin halvings, occurring approximately every four years, are key events that significantly slow down the supply growth of BTC by reducing cryptocurrency miners’ rewards in half. By activating bitcoin’s so-called “deflationary” as well as “scarcity” mechanisms, halvings enhance its appeal as a form of “digital… Read More

March 18, 2024 @ 8:33 am By Omar Faridi  |  

Archax, the FCA regulated exchange, broker, and custodian for digital assets, announced a strategic partnership with Talos, the institutional crypto trading platform. Through this partnership, Archax says that it will “leverage it’s FCA cryptoasset registration combined with the market-leading capabilities of the Talos platform to… Read More

March 18, 2024 @ 7:59 am By Omar Faridi  |  

Marco Manoppo, the Research Director at Digital Asset Research, notes that deal flows remained strong this past week, as the sector saw $180M+ in deals. As noted in the update shared by Digital Asset Research, Eclipse Labs has reportedly raised a $50M Series A that… Read More

March 18, 2024 @ 2:03 am By Omar Faridi  |  

Bitcoin Suisse has achieved significant milestones in two of its core business areas, custody and staking, with both sectors reaching new highs in client assets. This accomplishment is said to highlight the demand for Swiss-based digital asset services accompanied by the highest security standards. For… Read More

March 17, 2024 @ 5:21 pm By Omar Faridi  |  

Blockchain analytics firms Chainalysis estimates in a new report that “all crypto investors achieved total gains of $37.6 billion in 2023.” While this total is much smaller “than the $159.7 billion in gains made during the 2021 bull market, it represents a significant recovery from… Read More

March 17, 2024 @ 5:13 pm By Omar Faridi  |  

Collectively the spot Bitcoin ETFs have been quite successful, but even individually, most of the BTC ETFs would be considered successful compared to most ETFs, according to an extensive update from NYDIG. NYDIG researchers note that price movements and ETF flows will likely work in… Read More

March 16, 2024 @ 3:11 pm By Omar Faridi  |  

D2X, a Netherlands-based crypto derivatives exchange for institutions, has secured a $10 million Series A led by Point72 Ventures. Other participants in the investment round “included GSR Markets and existing investors Tioga Capital, Fortino Capital, Jabre Capital Partners, Picus Capital, and TRGC.” The investment comes… Read More

March 14, 2024 @ 4:22 am By Omar Faridi  |  

Sygnum’s B2B banking platform provides a secure, fully regulated bridge between traditional finance and digital assets. Through its partnership with Sygnum, PKB further “expands its portfolio of innovative new products as well as future-proofs its platform through the on-demand launch of new regulated digital asset… Read More

March 13, 2024 @ 5:52 pm By Omar Faridi  |  

OKX has reportedly secured an in-principle approval for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). OKX claims that it is “among the most trusted crypto platforms in the world.” OKX‘s management notes that millions of customers feel safe accessing… Read More

March 11, 2024 @ 12:17 pm By Omar Faridi  |  

Digital asset firm OKX is pleased to announce their strategic investment, through our investment arm, OKX Ventures, in DeBox, a decentralized social networking platform for Web3 communities and Decentralized Autonomous Organizations (DAOs). Over the past two years, DeBox has committed itself “to serving the Web3… Read More

March 9, 2024 @ 1:23 pm By Omar Faridi  |  

Nexo, a digital assets institution, announced that its Dubai entity, Nexo Services FZE, has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for Virtual Asset Lending & Borrowing, Management & Investment, and Broker-Dealer activities. This IA positions Nexo as one… Read More

March 9, 2024 @ 12:10 pm By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is focused on regulatory compliance, security and privacy, has signed a memorandum of understanding (MoU) with Altava Group, a vertical AI fashion tech company delivering innovative virtual experiences and… Read More

March 8, 2024 @ 7:21 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that the company is available now as a key agent for Unchained’s enterprise collaborative custody product. This collaborative model helps bitcoin holders “increase security when safeguarding their assets through the use of a vault secured by multiple institutional key… Read More

March 6, 2024 @ 8:35 am By Omar Faridi  |  

Bullish, a digital asset exchanges, announced that its affiliate, BTH, has partnered with Paxos, the blockchain and tokenization infrastructure platforms. The collaboration offers traders and market makers “significant liquidity on the Bullish exchange for the regulated, PayPal USD (PYUSD), PayPal’s stablecoin issued by Paxos, and… Read More

March 6, 2024 @ 5:11 am By Omar Faridi  |  

Bitstamp announced that it received the In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS). According to an update from Bitstamp, this is considered to be “a crucial step towards obtaining our Major Payment Institution license.” IPA paves the way for Bitstamp to “provide… Read More

March 5, 2024 @ 8:57 am By Omar Faridi  |  

Eric Demuth, CEO at Bitpanda, reveals that they’re launching LeadBlock Bitpanda Ventures (focused on Venture Capital and Private Equity Principals). When the team first created Bitpanda, there wasn’t much help available to them. There also wasn’t enough funding and there wasn’t expertise they could draw… Read More

March 4, 2024 @ 11:14 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to report that Finliti, a wealth management software company that uses behavioral science to optimize investment decision making for brokerages,… Read More