Ripple IPO: Is CEO Garlinghouse’s hint at a public offering the tip of the iceberg? 2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos […]
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Sony Financial Ventures is the latest investor in Securitize’s digital securities technology, joining Santander and MUFG. Digital securities company Securitize announced a strategic investment from Sony Financial Ventures, in a press release dated Feb. 4. The unspecified level of investment marks an extension of Securitize’s latest funding round, which saw Santander and MUFG lead a […]
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There were signs in 2019 that large institutions are moving closer to embracing cryptocurrency and blockchain technologies. Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the […]
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Elliptic Discovery collects details of more than 200 crypto exchanges to enable banks to manage risks associated with crypto. London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges. Dubbed Elliptic Discovery, the product collects detailed profiles of more than 200 global crypto exchanges to […]
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Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows […]
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The latest high-profile member of the EEA, Standard Chartered is eyeing blockchain technology for a number of use cases, some of which are already live. International banking group Standard Chartered has become the latest member of a blockchain standard-building organization, the Ethereum Enterprise Alliance (EEA). In a press release issued on Nov. 6, Standard Chartered […]
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Enterprise Ethereum Alliance’s reputation system: Why do banks want to reward employees with tokens? Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to the consortium, as reported by Cointelegraph on Oct. 8. The tokens are powered by the EEA’s Off-chain Trusted Compute Specification and […]
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The Enterprise Ethereum Alliance has created a new system of reward tokens that receives the backing of software giant Microsoft and Intel. Microsoft and Intel are backing a new system of reward tokens created by the Enterprise Ethereum Alliance (EEA). EEA creates new reward token system The EEA, which sets standards for Ethereum-based blockchain applications […]
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Japanese messaging app Line has signed a final agreement with financial giant Nomura Holdings to form a blockchain alliance. Japanese messaging app Line has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance. Focus on blockchain technology On Oct. 4, Line, together with Line Group company LVC Corporation and […]
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Coinbase-backed token issuance protocol Securitize completes a new funding round led by the VC arms of Banco Santander, MUFG and Nomura Holdings. Securitize, a Coinbase-backed token issuance protocol, raised $14 million in a funding round led by the venture capital (VC) wings of major commercial banks. The San Francisco-based startup has conducted an extension of […]
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