Tag Archives: Blockchain/Bitcoin

Relai, die Schweizer Bitcoin-App, gibt eine Investitionsrunde in Höhe von 4,5 Millionen US-Dollar bekannt, die von ego death capital angeführt wird. Weitere Investoren sind Timechain, Cabrit Capital und Lightning Ventures. An der Investitionsrunde beteiligten sich auch der Hauptinvestor von Relai, Redalpine, und der Seed-Stage-Investor Fulgur Ventures, die beide erneut investierten. In Juni 2021 hatte Relai deren Series A (2.5Mio CHF) abgeschlossen und letzten Mai...

Ralf P. Thomas Siemens is one of the first companies in Germany to issue a digital bond, in accordance with Germany’s Electronic Securities Act. Worth 60 million, it has a maturity of one year and is underpinned by a public blockchain. Issuing the bond on a blockchain offers a number of benefits compared to previous processes. For instance, it makes paper-based global certificates and central clearing unnecessary. What’s more, the bond can be sold directly to...

Cybersecurity technology company OneSpan has inked a deal to acquire Australia-based blockchain technology provider ProvenDB for an undisclosed sum. The transaction is anticipated to close during the first quarter of 2023 and is subject to customary closing conditions. Through this acquisition, OneSpan said that it plans to combine ProvenDB’s technology with its Transaction Cloud Platform. This will provide an integrated end-to-end assurance model which includes a...

In 2022, cryptocurrency money laundering reached a new record, with illicit addresses sending US$23.8 billion worth of crypto, a figure which represents a 68% year-on-year (YoY) increase, new data from Chainalysis, an American blockchain analysis firm, show. Total cryptocurrency laundered by year, 2015-2022 Source: Chainalysis, Jan 2023 Just under half of the funds sent from these addresses traveled directly to centralized exchanges, making these services the biggest...

ABN Amro became the first bank in the Netherlands to register a digital bond on the public blockchain, using Fireblocks. The digital bond was issued to a select group of investors to raise funds on behalf of APOC, an ABN Amro commercial client in the aerospace industry. ABN Amro’s bond issuance sets an innovative precedent in bringing more real world use cases of blockchain technology to traditional financial markets. This initiative showcases the potential of new...

Wrapped around the Annual Meeting of the World Economic Forum (WEF), the CryptoSummit.ch will kick off on Monday, 16th January 2023 at the Hyatt Circle Conference Centre at Zurich airport. The second day of the event is set to take place on Friday, 20th January 2023 in Davos. The theme of CryptoSummit.ch 2023 The theme of the CryptoSummit.ch 2023 is regaining trust in crypto and advancing technology. It is set to open with the keynote from Charles Hoskinson, the...

UBS has closed the first tokenized debt transaction for Asia Pacific investors, underlining its commitment to expand regional investment opportunities. UBS AG London branch issued USD 50 million in digital fixed rate security tokens (‘digital securities’) using blockchain technology to a series of high net worth and global family and institutional wealth investors across Hong Kong and Singapore. The US dollar-denominated instruments carry a tenor of 6 months and are...

Over the past year, governments and regulatory bodies from around the world have increased their focus on the taxation of the cryptocurrency industry, a trend that comes on the back of increasing investment, adoption and innovation in the space despite collapsing prices and high profile business failures, a new report by consulting firm PwC says. PwC’s 2022 Global Crypto Tax Report, released earlier this month, looks at the state of crypto taxation globally,...

Together with major Swiss banks, the Swiss stock exchange BX Swiss is taking the financial market infrastructure for tokenized securities to the next level. In a test, trades on BX Swiss were settled for the first time directly in Swiss francs via a decentralized public-blockchain. The test was conducted as part of a proof of concept under the auspices of the Capital Markets Technology Association (CMTA). In the process, structured products were issued by the Swiss...

Together with major Swiss banks, the Swiss stock exchange BX Swiss is taking the financial market infrastructure for tokenized securities to the next level. In a test, trades on BX Swiss were settled for the first time directly in Swiss francs via a decentralized public-blockchain. The test was conducted as part of a proof of concept under the auspices of the Capital Markets Technology Association (CMTA). In the process, structured products were issued by the Swiss...