Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange

A top executive has revealed the company will look to issue its own digital tokens as part of its blockchain-powered digital exchange. A top executive at Switzerland‘s principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development […]

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68% of Global Millionaires Already Invested or Plan to Invest in Crypto by 2022: Survey

Dubai-based financial consultancy firm deVere Group underscores the “justified international surge in crypto-optimism” in a new survey. 68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022, according to a survey by Dubai-based financial consultancy firm deVere Group released on May 3. DeVere group has […]

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World Economic Forum Teams Up With 100 Logistics Firms, 20 Gov’ts in New DLT Project

The World Economic Forum announced a broad blockchain project: “Redesigning Trust: Blockchain for Supply Chains.” The World Economic Forum (WEF) has teamed up with over 100 global supply chain and logistics leaders to standardize blockchain apps in the industry, the organization announced on May 1. The WEF, a Switzerland-based organization whose motto is commitment to […]

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Chinese Government Supports Development of ‘Blockchain City’ in Malaysia

The Chinese government is purportedly supporting the construction of a “blockchain city” in the Malaysian Malacca Strait. The Chinese government is purportedly supporting the construction of a “blockchain  city” in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26. Construction and […]

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Marco Polo Onboards Three New Members to Its Trade Finance Network

DLT-based trade finance network Marco Polo has onboarded three new members for piloting and evaluating purposes. Distributed ledger technology (DLT)-based trade finance network Marco Polo has onboarded three new members for piloting and evaluating purposes, according to an announcement published on April 25. Marco Polo Network is a joint undertaking with tech firm TradeIX, enterprise […]

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Algorithmic Crypto Trading Firm GSR Launches Crypto Hedging Product

Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. The company announced the development in a press release published on April 24. Per the announcement, the variance swaps will allow […]

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SBI Group Invests $15 Million in ‘Smart Card’ Wallet Manufacturer

Tangem, a manufacturer of ‘smart card’ crypto wallets, has received $15 million in investment from SBI Group. ‘Smart card’ crypto wallet manufacturer Tangem has received a $15 million investment from major Japanese financial services firm SBI Group, Cointelegraph auf Deutsch reports on April 24. The new investment will purportedly allow Tangem to relocate its headquarters […]

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Swisscom Blockchain AG Onboards New Chief Executive Officer

Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum engineer Lukas Hohl as its new CEO. Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum (ETH) engineer Lukas Hohl as its new chief executive officer, Cointelegraph auf Deutsch reported on April 15. Hohl, who previously served at various IT and finance companies, including Blockchain’s parent company Swisscom, […]

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New President of Crypto Valley Association: “We Need to Bring the Capital Back Into the Valley”

How Crypto Valley Association is cleaning up its reputation and will promote blockchain technology. It was rumbling in the beginning of February in Swiss Zug. The Crypto Valley Association (CVA) was undergoing a major reorganization. On Thursday, Jan. 31, the General Assembly of the Association elected former Swisscom manager Daniel Haudenschild as president of the […]

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