PolySign has agreed to acquire MG Stover for a mix of cash and PolySign stock. MG Stover provides digital fund administration for a client base that collectively holds more than $40 billion in digital assets under administration. The acquisition of MG Stover’s fund service capabilities will enable… Read More
Soros Fund Management, New York Life, and Morgan Stanley have decided to team up with Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners in order to make investments in a Bitcoin or BTC-focused investment firm, called NYDIG. The group will be working on… Read More
Prosper Marketplace, one of the leading online lenders in the US, has signed an agreement with a group of institutional investors to purchase up to $5 billion in loans over the next 24 months. The agreement alleviates a challenging situation that has been endured by… Read More
Soros Fund Management and Jefferies Group LLC are investing $5 million in a startup founded by former mortgage-bond trader Perry Rahbar that analyzes consumer debt for professional investors, reported BloombergBusiness‘ Matt Scully and Dakin Campbell. Rahbar, a former mortgage-backed securities trader at JPMorgan Chase &… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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