Ripple, creator of XRP, has announced the acquisition of Fortress Trust, a regulated entity that provides custody and other services in regard to digital assets. Terms of the acquisition were not disclosed. Ripple was an investor in Fortress during its seed funding round in 2022…. Read More
Astra, a provider of infrastructure for faster payments, today announced a partnership with Fortress Trust, a custodial trust company in the blockchain infrastructure space, to bring enhanced security and real-time settlement to new use cases within financial technology. By combining their respective solutions, the two… Read More
Jumpstart Micro, a FINRA-regulated funding portal, has experienced a change of ownership, according to public filings. Funding portals are regulated platforms that may issue securities under Reg CF or Regulation Crowdfunding. These intermediaries were created under the JOBS Act of 2012 to facilitate online capital… Read More
Scott Purcell, founder of Prime Trust, has announced that his newest venture, Fortress Trust, has hired more former regulators. Purcell is founder and CEO of Fortress Blockchain Technologies, the parent company of Fortress Trust. First, Fortress Trust has added Joe Mulberry to the executive team… Read More
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