Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network. The securities were fully subscribed by Societe Generale Assurances. The move was in line with the development of Forge which is a regulated subsidiary of Societe Generale Group. Forge’s operating model enables security tokens to be directly integrated to conventional banking systems interfaced with SWIFT format. Forge...
Read More »Delta Exchange Closes US$5 Million Raise From Blockchain Valley Ventures Among Others
Delta Exchange, a UK-based institutional-grade crypto derivatives exchange, announced that it has closed a US$ 5 million token raise from existing and new investors where Swiss venture firm Blockchain Valley Ventures (BVV) backed and advised the former on their token raise. The token raise adds to existing investors like Aave, Coinfund and Kyber Network. New investors of the company include Spartan Group, QCP Soteria, Gumi Crypto, LuneX Ventures, Tembusu Partners and...
Read More »PayPal Allows American Customers to Use Cryptocurrencies for Purchases
PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees. Checkout with Crypto will automatically appear in the PayPal wallet at checkout...
Read More »