Tagged: luxembourg

Luxembourg Stock Exchange Posts 2021 Financials, Announces New Chairman of the Board

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The Luxembourg Stock Exchange today published its financial results for the financial year 2021, reporting record growth. The Luxembourg Stock Exchange Group, which consists of LuxSE and its wholly-owned subsidiary Fundsquare, reported consolidated revenues of €55.4 million. This represents revenue growth of 8.1% compared to… Read More

Fintech COMO Chooses SAP Fioneer’s Cloud for Banking to Support Real-Time Payments

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COMO, an international automated paytech, has chosen SAP Fioneer’s Cloud for Banking (C4B) application. This partnership will “allow COMO’s customers immediate access to rich core banking functionality, while enabling real-time payment transactions and reducing costs by up to 60% for corporates.” The C4B system and… Read More

Luxembourg Stock Exchange Teams Up with UN Women to Support Gender Finance

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The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) in order “to strengthen their cooperation and promote joint initiatives to advance financing for gender equality and women’s… Read More

Web 3.0 Connectivity Startup GIANT Protocol and Tango to Lower Costs of Global Connectivity

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  Web3 connectivity startup GIANT Protocol, and Tango, the consumer brand of Proximus Luxembourg, recently announced a partnership “to bring blockchain benefits to customers worldwide.” Suruchi Gupta, founder and CEO of GIANT Protocol, which aims to decentralize and democratize access to internet and financial services… Read More

Mintos Registers Claim in Case of MyBucks SA Bankruptcy in Luxembourg

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The team at European lender Mintos has shared updates about the latest actions taken in the case of GetBucks Botswana, GetBucks Zambia, and their guarantor – Luxembourg-headquartered firm MyBucks SA. GetBucks Botswana (Cashcorp Proprietary Limited, Firstcred Limited, TU Employee Benefits Proprietary Limited) and GetBucks Zambia… Read More

Tokeny Explains Why it Uses Polygon for Digital Securities

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An email distributed this week by Tokeny CEO Luc Falempin provided some perspective as to why Tokeny opted to utilize Polygon as opposed to other blockchain options. Tokeny is a leading European tokenization or digital security platform. The Luxembourg-based firm is building compliance technology for… Read More

Berenberg Introduces Private Debt Real Estate Fund

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  Berenberg has introduced its first private debt real estate fund in collaboration with Universal Investment Luxembourg. Universal-Investment-Luxembourg S.A. is a wholly-owned subsidiary of Universal-Investment-Gesellschaft mbH, Frankfurt am Main. The firm explains that they are independent – because the parent company’s shareholder Montgu Private Equity… Read More

Luxembourg Stock Exchange Lists Security Tokens Issued by Societe Generale

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  Societe Generale, the 3rd largest global bank based in France, has listed security tokens on the Luxembourg Stock Exchange (LuxSE). These are the first securities admitted to the exchange that utilizes blockchain or a public Distributed Ledger Technology (DLT). Since April 2019, Societe Generale… Read More

Digital Assets: Tokeny CEO Envisions Bright Future for Asset Tokenization in 2022 and Beyond

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  Like many Fintech entrepreneurs, Tokeny CEO Luc Falempin, was immediately excited when he read the Bitcoin whitepaper, so much that he devoted his career to using blockchain technology to make financial markets available to everyone. A few years later, Falempin is well on his… Read More

Security Token Platform Tokeny Raises More Money, Announces Partnership with Inveniam

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Tokeny, a European security token issuance platform, has raised more money in a “strategic” funding round. While a total amount of investment was not disclosed, Tokeny said that the funding included a €5m investment by Inveniam, Apex, and K20 Fund. Simultaneously, Tokeny announced a partnership… Read More

BitMEX Partners with Tokeny on Forthcoming BMEX Token

Tokeny CEO Luc Falempin

BitMEX, a crypto derivatives exchange, has enlisted the help of Tokeny to support its forthcoming BMEX token launch. BitMEX is using the BMEX airdrop to incentivize new users and recently announced adding over 50,000 new users to its platform. Alexander Höptner, CEO of BitMEX, said… Read More

Tokeny Powers Token Tokenchampion’s Tokenization

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Tokeny, a European tokenization platform, is enabling the Tokenchampion’s tokenization. Tokenchampion is said to be the first investment fund that tokenized debt for the “acquisition and management of international football players’ image rights.” Luc Falempin, Tokeny founder and CEO, commented on the news: “The Tokenchampions… Read More

Confluence Partners with Luxembourg’s Fund Service Provider, FundHero, to Provide Managed Software Offering

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Confluence Technologies, Inc., an international tech solutions provider assisting the investment management sector with addressing complex investment data challenges, has  announced it has “secured a multi-year agreement” with FundHero S.A., a Luxembourg-headquartered fund service company, that will “combine Confluence’s Cloud-based Revolution platform with its own… Read More

Tokeny Helps Enegra, a $28 billion Company, Migrate Digital Securities from Ethereum to Polygon

Tokeny CEO Luc Falempin

Tokeny, a digital asset platform that supports tokenization and digital securities, has aided in the migration of Enegra from Ethereum to Polygon blockchain. Enegra is a commodities trading firm with approximately $28 billion in net asset value (NAV). Enegra Group Ltd, incorporated in Malaysia, enables… Read More

ERC3643: Tokeny Comments on New Protocol for Tokenized Assets

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Tokeny Solutions has issued a statement on the new ERC3643, a protocol currently in use by some financial institutions. EIP-3643: T-REX is an Ethereum based standard that is described as an institutional-grade security token standard that provides interfaces for the management and compliant transfer of… Read More

Digital Asset Exchange Blocktrade Reports Oversubscribed €22 Million Series A

Bernhard Blaha

Blocktrade SA, a Luxembourg-based digital asset exchange, says it has closed an over-subscribed €22 million series A funding round that garnered investors from 33 different countries. Blocktrade states that it has a vision of building an ecosystem around digital assets. Blocktrade recently hired a new… Read More

Supported by the European Investment Fund, Fabric Ventures Raises $130 Million for DeFi, Digital Asset Fund

Richard Muirhead Managing Partner

Fabric Ventures has announced a new $130 million fund dedicated to backing digital asset and decentralized, or DeFi, early-stage firms. The fund received the support of the European Investment Fund (EIF) which added $30 million to the fund. This is the first EIF backed fund… Read More

Azimut Group, with Azimut Investments S.A., Is Reportedly the First Luxembourg Fund Manager to Acquire Permit to Manage Digital Asset Funds

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Azimut Group, with Azimut Investments S.A., is reportedly the first asset management firm based in Luxembourg to acquire authorization to manage digital assets strategies. With this further evidence of the Group’s innovation capabilities, Azimut confirmed that it will be introducing the AZ RAIF Digital Asset… Read More

Spendwisor, a Mobile Payment App with US, UK, Qatar Offices, Secures $50M from Luxembourg’s GEM Global Yield

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Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More

Luxembourg Fintech Finologee Develops Automated Payments Solutions for Enhancing Workflows

Luxembourg-based Fintech Finologee has reportedly created a hosted system that offers API end-points in order to automate payments and support secure web interfaces which improve workflows and data visualization while establishing a direct connection to the SWIFT network. The product’s development has been supported by… Read More

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