Previously targeting a launch on Jan. 24, Bakkt has acquired certain assets at futures commission merchant Rosenthal Collins Group. Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. […]
Continue Reading
Payment services giant Visa will reportedly acquire Ripple’s partner Earthport for over $251 million. American payment services giant Visa Inc. is acquiring Ripple partner Earthport Plc, a payment network for cross-border transactions, Reuters U.K. reported Dec. 27. Founded in 1997, London-based Earthport is a financial services firm that offers cross-border payments service to banks and […]
Continue Reading
Dutch crypto firm Libereum has acquired Spanish soccer club Elche CF for $4.9 million, aspiring to restore the club to the country’s Primera Division via revenue from tokenization. Dutch crypto firm Libereum has acquired Spanish soccer club Elche CF for $4.9 million, according to a press release published to the Libereum website Dec. 26. The […]
Continue Reading
Crypto exchange BitMEX and French wine retailer Madison Holdings Group are reportedly partnering to acquire a majority stake in BitOcean. Crypto exchange BitMEX and a fine French wine retailer are reportedly partnering to acquire a majority stake of licensed — but as yet inactive — Japanese crypto exchange BitOcean. Cointelegraph Japan reported on the potential […]
Continue Reading
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. […]
Continue Reading
Security token firm TokenSoft has acquired a share in an SEC-compliant broker-dealer in a bid to expand the range of its services. Security tokens platform TokenSoft Inc. has invested in a company that is purportedly a United States Securities and Exchange Commission (SEC)-compliant broker-dealer, according to a press release published Dec. 13. TokenSoft is a […]
Continue Reading
Fledgling merchant network Crypto.com wants to expand the scope of its offerings using ex-PayPal exec Tyson Hackwood’s expertise. Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11. Tyson Hackwood will join the crypto firm as its senior vice president and head of global […]
Continue Reading
Medici Ventures now has a 10 percent stake in agricultural blockchain firm GrainChain, with the option to acquire an additional 10 percent. Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain, according to a press release shared with Cointelegraph Dec. 4. Founded in 2003, […]
Continue Reading
The U.S. SEC has announced settled charges against Floyd Mayweather Jr. and DJ Khaled for unlawfully advertising an ICO. The U.S. Securities and Exchange Commission (SEC) has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled for unlawfully advertising Initial Coin Offerings (ICOs), according to a press release published Nov. 29. Per the […]
Continue Reading
Coinbase has launched OTC crypto trading for prime customers, enabling direct trades between institutional players. Major U.S. crypto exchange and wallet provider Coinbase has launched over-the-counter (OTC) trading for institutional customers, New York-based live streaming financial news network Cheddar reported yesterday, Nov. 27. Opposed to trading through a crypto exchange itself, over-the-counter crypto trading will […]
Continue Reading