Tagged: update

Securitize Introduces Subsidiary Securitize Credit

Securitize, a digital asset/tokenization enabler, has launched a new subsidiary, Securitize Credit, which is introducing a new product called “Earn.” The platform is designed “to provide Securitize users an opportunity to earn sustainable, high-quality on-chain yields through digital assets.” Securitize Earn enables qualified crypto lenders… Read More

Qatar Investment Authority to Launch VC Fund of Funds

Qatar Investment Authority (QIA) is set to launch Qatar’s “first” venture capital (VC) Fund of Funds, a strategic investment program to foster innovation in Qatar. The Fund of Funds program will “invest more than USD 1 billion in international and regional venture capital funds.” The… Read More

Coinbase to Support Asset Recovery on BNB Smart Chain, Polygon

Coinbase (NASDAQ:COIN) says that customers may at some point mistakenly send unsupported tokens to their Coinbase address on an unsupported chain. One example of this is BNB Smart Chain (formerly known as Binance Smart Chain) – which is currently “not supported by Coinbase and as… Read More

Regtech: Digital ID Firm Prove Identity Joins FIDO Alliance Board

Prove Identity, Inc., the global enabler of digital identity, announced it has been appointed to the FIDO Alliance Board of Directors. Tim Brown, global identity officer at Prove, will serve “as the company’s Primary Board Delegate.” Today, over 80% of data breaches are “caused by… Read More

UK’s Digital Bank OakNorth Provides £2.5M Loan to SES, the Power Distribution Products Manufacturer

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £2.5m loan to SES, the manufacturer of power distribution products for the entertainment industry, to support the creation of its employee ownership scheme. Founded in 1994 by brothers Mark and Gordon Cooper, and headquartered… Read More

UBS Expands Digital Asset Capabilities with Hong Kong’s Tokenized Warrant on Ethereum Network

UBS AG (NYSE:UBS) announced the launch of Hong Kong’s investment-grade tokenized warrant on the Ethereum public blockchain network. This innovative product utilizes the on-chain issuance product framework “offered by UBS Tokenize, the bank’s in-house tokenization service.” The product is a call warrant with Xiaomi Corporation… Read More

UK’s Assetz Capital and Aros Kapital to Support Lending Markets

Assetz Capital and Aros Kapital have announced an expansion of their partnership in the UK lending market. This is expected to see Assetz Capital deploy more than £200m of Aros Kapital’s funding across various sectors in 2024, “as part of their overall lending volumes.” Having… Read More

Setpoint, a Financial Services Provider, Announces Banking Relationship with Wells Fargo

Setpoint, a financial services provider, is pleased to establish a banking relationship with Wells Fargo which enables the cloud-based software company “to expand its payment disbursement capabilities.” Setpoint will assume the crucial roles of Paying Agent and Calculation Agent “for various clients, such as auto… Read More

Nium, the Enabler of Real-Time Payments, Obtains In Principle Approval from RBI for Payment Licences

Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More

Global Analytics Firm CRISIL Establishes New Office in Colombia to Assist Investment Banks

CRISIL Ltd, which claims to among the leading global analytics companies, has reportedly set up an office in Bogotaì, Colombia in order to “provide its clients, including global investment banks, asset managers and private equity firms an efficient solution for nearshoring critical operations and services… Read More

Nansen to Provide Onchain Analytics and Data to Aptos Ecosystem

Nansen announces their partnership with the Aptos Foundation in order to bring advanced on-chain analytics and data to the Aptos ecosystem. The teams are pleased to announce their new partnership with the Aptos Foundation, which is dedicated to providing best-in-class onchain data and analytics to… Read More

Nexo, the Digital Assets Institution, Joins International Association for Trusted Blockchain Applications

Nexo, the digital assets institution, is announcing its membership in the International Association for Trusted Blockchain Applications (INATBA). This strategic alliance marks “a major advancement in Nexo’s commitment to shaping the blockchain landscape, leveraging INATBA’s established ties with key public sectors in finance and regulation.”… Read More

CoinList Seed Teams Up with Lattice, an Early-Stage Crypto Venture Fund

Digital asset platform CoinList recently announced that it has opened up applications for CoinList Seed Winter 2024. CoinList explains that this initiative is intended for development teams that are interested in  getting their crypto projects in front of 10 million crypto “early adopters.” For their… Read More

CyberCube, the Enabler of Cyber Risk Analytics for Insurance Sector, Reports Steady Business Growth

CyberCube, the enabler of cyber risk analytics for the insurance industry, marked the end of a positive year of strong growth, “surpassing 100 insurance organizations licensing CyberCube solutions.” As the cyber insurance market grows in size and sophistication, analyzing, assessing, and quantifying the impact of… Read More

Robinhood Markets Announces Business Expansion Plans, Aims to Recruit Professionals in Canada

Robinhood (NASDAQ: HOOD) explains that it was founded on a simple idea: that their financial markets should be accessible to all. With customers at the “heart” or core of their decisions, Robinhood claims that it is lowering barriers and “providing greater access to financial information… Read More

Digital Asset Custody Provider Taurus Joins ERC3643 Association

Taurus SA announces it has joined the ERC3643 Association. This move is said to establish Taurus “as one of the first digital asset custody and tokenization infrastructure providers to join the association, marking a significant step in the advancement of smart contract standardization, and reinforcing… Read More

Conferma Pay and ConnexPay to Allow Businesses to Simplify Payments Processes with Virtual Cards

Conferma Pay has partnered with ConnexPay to allow businesses to simplify their payments processes by issuing virtual cards for improved cash flow management. The partnership brings together Conferma Pay’s virtual card ecosystem and ConnexPay’s virtual card issuing engine and real-time funding processes “to create a… Read More

CarGurus, the Digital Auto Platform, Announces Addition of Chase to Multi-Lender Financing Solution

CarGurus (Nasdaq: CARG), the digital auto platform for shopping, buying, and selling new and used vehicles1, announced the addition of Chase to its multi-lender financing platform, expanding options for consumers looking “to pre-qualify for auto financing from the comfort of home.’ Available nationwide, Chase joins… Read More

Phoenix Merchant Partners Introduces Private Credit Strategy with Close of First Financing Solution

Phoenix Merchant Partners, LP, an independent investment firm focused on providing broad financing solutions to the middle-market universe of companies, announced the closing of its first transaction, an innovative financing to Gryphon Holdings, a company involved in quota share non-catastrophic property and casualty reinsurance services…. Read More

European Digital Bank bunq Reports Net Profit of €53.1M in 2023

bunq, which claims to be the second largest neobank in Europe, reports a net profit of €53.1 million in 2023. A “testament” to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will “direct its net profit to propel its global… Read More