Tagged: institutional investors

Bitcoin Reaches $24,000 as Institutional Adoption Continues, Raoul Pal Predicts $1 Million Per Coin in 5 Years

Bitcoin (BTC), the leading cryptocurrency, has entered uncharted territory. The digital asset recently managed to break record highs by surpassing the $24,000 mark. Bitcoin is trading at just below $24,000 at the time of writing. John Lee Quigley, who’s focused on building Bitcoin media and… Read More

Standard Chartered’s SC Ventures Collaborates With Northern Trust to Launch Cryptocurrency Custodian for Institutional Investors “Zodia”

SC Ventures, the innovation and ventures unit of Standard Chartered, announced on Wednesday it has teamed up with Northern Trust, a provider of asset servicing, to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. According to the duo, Zodia is designed to enable institutions… Read More

Bitcoin (BTC) Price has been Surging at the Time US Equity Markets have Been Open as Institutional Interest Grows: Report

During the past few weeks, Ari Paul, CIO at BlockTower Capital, and Luke Martin, a prominent digital asset trader, have noted that Bitcoin’s (BTC) upward price movements since late October 2020 have mostly taken place during US market hours. A report from Coin Metrics points… Read More

Digital Asset Exchange Coinbase to Disable Margin Trading as Response to New CFTC Guidance

Paul Grewal, Chief Legal Officer at crypto exchange Coinbase, has confirmed that they’ve disabled margin trading on the platform. Grewal says that the move has come as a response to new guidance provided by the US Commodity Futures Trading Commission (CFTC). Grewal noted in a… Read More

Anchorage Teams Up with Tokensoft to Offer Wrapped Filecoin (wFIL) on Ethereum Blockchain

Anchorage, a company that aims to help institutional investors with adopting digital assets, has partnered with Tokensoft to bring wrapped Filecoin (wFIL) to the Ethereum (ETH) blockchain. Diogo Mónica, Co-Founder and President at Anchorage, states that his organization is looking forward to welcoming wrapped Filecoin… Read More

Fintech Lending in Indonesia Might Not be Able to Fully Support Participation from Retail Investors

LendingClub (NYSE:LC) recently filed an 8-K with the US Securities and Exchange Commission (SEC) indicating its intent to stop offering retail notes by the end of the year. The leading marketplace lender in the US started as a peer to peer lender but over the… Read More

$107 Billion+ in Value Received by East Asian Cryptocurrency Addresses, which is 77% More than Western Europe: Report

Blockchain security firm Chainalysis reports that East Asia is home to the world’s largest cryptocurrency market. It reportedly accounted for more than 30% of all digital currency transactions during the past year. As mentioned in Chainalysis’ latest report: “East Asia-based addresses have received $107 billion… Read More

Bitcoin (BTC) Is “Disproportionately” Favored by North American Investors as the Preferred Digital Asset Investment: Report

North America is reportedly the third-most active region in terms of the total cryptocurrency volume moved or transferred on-chain, right behind Western Europe and East Asia. According to a Chainalysis blockchain and digital asset market report: “Overall, North America-based [cryptocurrency] addresses accounted for 14.8% of… Read More

Singapore based Digital Asset Firm Matrixport to Launch Bit.com, a Crypto Derivatives Exchange

Singapore-based Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow digital assets through a single, unified platform, has launched Bit.com, a cryptocurrency derivatives exchange. Founded in February 2019, Matrixport describes itself as… Read More

Coinbase Now Claims 35 Million+ Customers, as New Fintech Players Enter the Digital Asset Brokerage Business

San Francisco-based crypto exchange Coinbase has reportedly grown its customer base to over 35 million retail and institutional digital asset investors. The Coinbase team noted in their Crypto H1 2020 report that the digital asset investor market has been maturing and growing steadily with many… Read More

Digital Asset Financial Services Firm Diginex to Use Tbricks to Launch Portfolio Management Solution for Cryptocurrencies

Itiviti, an established technology and service provider to financial institutions across the globe, announced on July 16, 2020 that Diginex, a digital asset financial services and advisory firm, will be using the Tbricks automated solution to offer risk, P&L and portfolio management solutions to its… Read More

Over Twice As Many Institutions Invested in Bitcoin (BTC) and other Cryptocurrency Derivatives Compared to 2019: Report

Almost 80% of institutional investors say that digital assets could be a worthwhile investment, according to a survey of 800 US and European financial institutions conducted by trillion-dollar asset manager Fidelity. Fidelity’s survey revealed that more than a third of these institutions have already invested… Read More

After Predicting Bitcoin will Not Hold Value, Goldman Sachs to Hold Economic Outlook Conference Discussing Gold and BTC Investments

Giant Wall Street investment bank Goldman Sachs will be hosting a conference call on May 27, 2020, which has been titled “US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.” Interestingly, the conference has been scheduled after the bank published a… Read More

Liquidnet, a Multinational Investment Network for Institutional Clients, Appoints Vicky Sanders as Head of Investment Analytics

Liquidnet, a multinational investment network for institutional clients, has confirmed that it has appointed Vicky Sanders as its global head of Investment Analytics. Sanders will be expected to manage the company’s new business department, called Liquidnet Investment Analytics (IA). She will be working at the… Read More

London Stock Exchange Partners with PrimaryBid to Give Retail Investors Access to Share Offerings on Same Terms As Institutional Clients

The London Stock Exchange (LSE) has partnered with Fintech PrimaryBid, an internet-based investment platform, in order to give retail investors the opportunity to access to share offerings currently unavailable. PrimaryBid’s solution is said to digitally connect retail investors to quoted company offerings at the same… Read More

Deutsche Börse Venture Network Partners with Fintech Firm Cashlink to Provide Digital Securities

The venture capital division of Deutsche Börse, a German marketplace, has finalized a new deal that will make it easier for institutional investors to acquire digital securities. According to an October 30 press release, Deutsche Börse Venture Network (DBVN) has partnered with local Fintech firm… Read More

Cryptocurrency Holdings Startup Anchorage Secures $40 Million Through Series B Funding Round Led By Blockchain Capital & Visa

 Anchorage, a U.S.-based cryptocurrency holding for institutional investors startup, announced earlier this week it secured $40 million through its Series B funding round, which was led by Blockchain Capital and Visa. Founded in 2017, Anchorage claims to be the first crypto-native digital asset custodian specifically… Read More

Coinbase Debuts New OTC Trading Desk For Institutional Investors & Brings Ethereum Classic on Coinbase Wallet

Coinbase has officially launched its new OTC trading desk specifically for institutional investors, according to Cheddar. The launch comes just one month after Coinbase raised $300 million through its Series E funding round. While sharing details about the OTC trading desk, Christine Sandler, Head of Sales… Read More

Bitwise Collaborates With Mark Yusko’s Morgan Creek Digital to Create Digital Asset Index Fund For Institutional Investors

Cryptocurrency index fund Bitwise Asset Management announced on Tuesday it has teamed up with Mark Yusko’s Morgan Credit Digital to create a digital asset index fund specifically designed for institutional investors. According to Bitwise, the Digital Asset Index Fund will provide endowments, foundations, pensions, wealthy families, and… Read More

Cryptocurrency Exchange KuCoin Launches Institutional Investor Program

Asian cryptocurrency exchange KuCoin recently announced the launch of its new institutional investor program. According to KuCoin, the program was created in order to encourage institutional investors on its platform participate more actively in trading activities. The exchange describes institutional investors as those that participate in… Read More

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