Tagged: digital assets

February 1, 2024 @ 8:06 am By Omar Faridi  |  

A former UK finance minister on Wednesday (January 31, 2024) has reportedly joined crypto exchange Coinbase (NASDAQ:COIN) to serve as the firm’s global advisor. As reported by CNBC, this latest appointment made by Coinbase is expected to strengthen the digital asset firm’s regulatory position at… Read More

January 31, 2024 @ 8:59 am By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced that it has invested in bitSmiley, a stablecoin protocol in the Bitcoin ecosystem. bitSmiley is a company that “provides comprehensive Bitcoin DeFi solutions, aiming to fill the gap of stablecoins and… Read More

January 30, 2024 @ 10:14 pm By Omar Faridi  |  

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a key player “in embedded finance and highlights PayPal’s commitment to fostering innovation in the… Read More

January 28, 2024 @ 9:23 pm By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, announces a significant enhancement to its platform wallet security “with the upgrade of Multi-Party Computation (MPC) technology, which means that Bitget upgraded all users’ wallet addresses to MPC addresses.” This update exemplifies Bitget‘s dedication “to user security, incorporating… Read More

January 27, 2024 @ 11:37 am By Omar Faridi  |  

Kraken, one of the world’s longest-standing and “most secure” crypto platforms, announced it is further strengthening its leadership team with two key appointments that will help position the company for continued growth amid evolving regulatory environments globally. With the appointment of Gilles BianRosa as Chief… Read More

January 27, 2024 @ 4:55 am By Omar Faridi  |  

TaxBit, the provider of tax and compliance solutions for digital assets, announced today that it has been selected by Gemini, a cryptocurrency exchange, as its CESOP reporting solution. Gemini’s decision to integrate with TaxBit expands “the two companies’ long-standing relationship, underscoring its dedication to regulatory… Read More

January 26, 2024 @ 10:33 am By Omar Faridi  |  

Taurus, a regulated securities firm, is pleased to announce that TDX, its digital asset organized trading facility, and its financial services at large are now open to retail clients following FINMA approval. In addition to professional clients, retail clients can now “create an account and… Read More

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