Tagged: traditional finance

August 29, 2023 @ 10:47 pm By Omar Faridi  |  

The funding initiates a multi-year, comprehensive growth roadmap designed to see Maple establish itself beyond DeFi and into the world of traditional finance “as a lending marketplace and technology provider.” As noted in a blog post, Maple has closed “a $5 million strategic funding round.”… Read More

August 4, 2023 @ 7:45 am By Omar Faridi  |  

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

March 10, 2023 @ 10:13 am By Omar Faridi  |  

Violet, the provider of privacy-protective compliance and identity infrastructure for Decentralized Finance (DeFi), announced the launch of Mauve, the compliant Decentralized Exchange (DEX) purpose-built “to offer the best of both DeFi and Traditional Finance (TradFi) to the crypto markets.” Backed by $15 million in funding… Read More

November 8, 2022 @ 10:03 pm By Omar Faridi  |  

Friktion, Solana’s portfolio management platform launched in December 2021, has successfully attracted crypto-native and traditional institutions “managing up to $60 billion in AUM who seek to access leading risk-adjusted and transparent yields on DeFi.” Friktion Institutional is “a new arm of the protocol aimed to… Read More

April 26, 2022 @ 7:51 am By Omar Faridi  |  

A survey from international digital currency exchange Bitstamp has found that investors “overwhelmingly” believe that “crypto will overtake many traditional investment vehicles and see universal adoption.” The findings from the first Bitstamp Crypto Pulse survey — “a comprehensive barometer of trust and adoption in crypto”… Read More

April 12, 2022 @ 11:47 pm By Omar Faridi  |  

Hong Kong’s insurance firm OneDegree recently revealed that it has agreed to a 3-year  partnership with Munich Re in order to introduce OneInfinity, a digital asset insurance product. As noted in the update, OneInfinity is an insurance and tech product offering developed specifically for digital… Read More

October 30, 2020 @ 3:20 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com recently announced that the latest research revealed decentralized finance (DeFi) is now being taken seriously by traditional finance. The research, which was conducted by Crypto and BCP Platinion, part of Boston Consulting Group, analyzes the uptake of decentralized services among… Read More