Tagged: switzerland

July 29, 2021 @ 9:13 am By Omar Faridi  |  

Secured Finance, a platform provider for the crypto loans and the derivatives market, says it has acquired $4 million in capital as part of its “oversubscribed” seed round. The successful raise, with demand of “more than double” of Secured Finance’s initial target, has been co-led… Read More

July 29, 2021 @ 9:08 am By Omar Faridi  |  

Curve Finance, an automated market maker protocol developed for swapping between stablecoins and various other crypto tokens with low fees and slippage, reveals that it will be supporting Tether tokens pegged to the euro (EURt). The addition of EURt to Curve — a protocol developed… Read More

July 28, 2021 @ 9:46 am By Omar Faridi  |  

SEBA Bank, a FINMA licensed Swiss Bank offering a seamless, secure, and easy-to-use bridge between digital and traditional assets, has confirmed the appointment of Sam Lin to the position of CEO Asia with “immediate effect.” This appointment “demonstrates SEBA Bank’s commitment to strengthening its status… Read More

July 25, 2021 @ 7:58 pm By Omar Faridi  |  

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one the industry’s most-respected post-trade providers, is reporting a “solid” set of results for the first half of 2021. The SIX Swiss Exchange, based in Zurich and serving as Switzerland’s principal stock exchange,… Read More

July 25, 2021 @ 1:52 pm By Omar Faridi  |  

The team at Properti, a technology-driven real estate firm focused on modernizing residential properties in Europe, reveals that it remains focused on expanding its operations. They recently welcomed Umut Sentürk as their new Chief Operating Officer at Properti AG. As noted in an update from the… Read More

July 21, 2021 @ 7:39 am By Omar Faridi  |  

After the formation of SIX SIS USA Inc. and with the launch of its US-based office, SIX has decided to a take strategic step forward in its global expansion plan. As a trusted Financial Market Infrastructure currently operating the Central Securities Depository (CSD) in Switzerland… Read More

July 19, 2021 @ 8:02 am By Omar Faridi  |  

Switzerland-based B2B Proptech firm PriceHubble reveals that it has finalized its $34 million Series B round. PriceHubble’s investment round was oversubscribed and was led by Digital+ Partners, a European growth equity investor. The firm’s round was also joined by Latitude Ventures, the Series B+ sister… Read More

July 16, 2021 @ 8:09 am By Omar Faridi  |  

Switzerland’s InCore Bank, the B2B banking solution provider, reveals that it has launched a comprehensive crypto-asset service. The securitization solution, called CRYSP, was developed with assistance from GenTwo Digital, a provider of innovative securitization platforms for crypto-assets. The solution enables fund managers, whether they’re from… Read More

July 12, 2021 @ 7:31 am By Omar Faridi  |  

At a time when reserve banks across the globe are increasingly focusing on their digital currency initiatives, Switzerland’s apparent lack of interest in seriously looking into central bank digital currencies (CBDCs) might make the leading European economy less competitive. This, according to a recent analysis… Read More

July 8, 2021 @ 3:19 pm By JD Alois  |  

Liti Capital SA,  a Swiss litigation finance firm, says it has raised an additional $5 million to purchase assets worth up to $50 million. Litigation finance is when a firm purchases a percentage of a lawsuit to help fund a lawsuit in the hopes of… Read More

July 7, 2021 @ 7:46 pm By Omar Faridi  |  

The Interchain Foundation and BlockScience are pleased to confirm their new partnership in order to bring “robust” and complex systems engineering to the Cosmos stack. As noted in an update from the Interchain Foundation: “To date, the Interchain Foundation has made significant investments in the… Read More

July 6, 2021 @ 5:22 pm By Omar Faridi  |  

Sygnum Bank reveals that it has become one of the first banks to provide Ethereum 2.0 staking support. Customers are able to easily and securely stake Ethereum (ETH) via Sygnum’s institutional-grade banking service which can help with generating a substantial yield of up to 7%… Read More

July 5, 2021 @ 1:22 pm By Omar Faridi  |  

Switzerland’s banking company Credit Suisse (SWX: CSGN) has announced that ex- Goldman Sachs (NYSE:GS) technology executive Joanne Hannaford will now serve as its Chief Technology and Operations Officer. Joanne Hannaford will be replacing current COO James Walker who will be taking up a new role in the United… Read More

July 5, 2021 @ 10:56 am By Omar Faridi  |  

Startups currently being supported by the Swiss Innovation agency Innosuisse will soon have the option to visit Japan or South Korea in order to expand their businesses globally. These initiatives will be supported and facilitated by setting up two new camps this year to address… Read More

July 3, 2021 @ 2:17 pm By Omar Faridi  |  

The St.Gallen-headquartered wealthtech company Kaspar& reveals that it has managed to secure a seat in the second stage of Switzerland’s startup accelerator program, Venture Kick. The company’s management states: “We want to take care of your financial life. That’s why Kaspar& is designed to provide… Read More

July 3, 2021 @ 1:15 pm By Omar Faridi  |  

Cornèr Bank Group, an established issuer of credit and prepaid cards to individuals and companies across Europe, has reportedly reached a key milestone in its digital transformation efforts by successfully migrating its card portfolios across all products and markets to an advanced and more consolidated… Read More

July 1, 2021 @ 11:11 am By JD Alois  |  

Covario, a digital asset prime broker, has selected METACO to scale its digital asset custody operations according to a statement from the firm. Covario says that METACO’s Harmonize will coordinate existing vault and sub-custody solutions and provide policy management framework for Covario’s technology solutions. Covario… Read More

June 30, 2021 @ 5:19 pm By Tony Zerucha  |  

One out of every four dollars stored offshore heads to Switzerland, data from AksjeBloggen.com reveals. A total of $2.4 trillion is stored in the country, with Hong Kong in second at $2.1 trillion. Singapore sits in the third spot at $1.2 trillion. The United States,… Read More

June 30, 2021 @ 9:31 am By JD Alois  |  

Deutsche Börse Group has acquired majority ownership in Crypto Finance AG. In a public statement, Deutsche Börse said this builds upon its ability to support digital assets by providing a direct point to invest in crypto as well as providing custody. Deutsche Börse said it paid… Read More

June 30, 2021 @ 7:25 am By Omar Faridi  |  

Switzerland-based Fintech firm neon has reportedly secured 5 million CHF through a crowd investing campaign that lasted for less than an hour. 🚀 oder 🛸Das war wirklich Wahnsinn. Wir sind überwältigt! Der Staub setzt sich gerade und unser Adrenalin auch grad dazu….🙌💗 pic.twitter.com/jG7xSJj5Qd — neon… Read More