Tag Archives: Blockchain/Bitcoin

Binance, a global blockchain ecosystem and cryptocurrency infrastructure provider, announced the opening of its space in at the startup campus STATION F in Paris. This opening is part of the Objective Moon programme announced last November by Changpeng Zhao “CZ”, Founder and CEO of Binance. This programme poured in a €100 million investment in France to make the country the heart of the European crypto community. CZ said that Binance is committed to build and...

2021 was a blockbuster year for the global blockchain sector, which saw funding activity surge, trading volumes balloon and further growth in key segments including custodians, exchanges, decentralized finance (DeFi), as well as non-fungible tokens (NFTs) and the metaverse, a new report by Swiss blockchain-focused investment company CV VC, in collaboration with PwC Switzerland, says. The second installment of the Global Report series, released last week, provides an...

Wolters Kluwer Compliance Solutions has collaborated with Bitcoin company NYDIG to launch the Bitcoin Risk Assessment. The Risk Assessment evaluates a financial institution’s control environment related to its participation in the NYDIG Bitcoin platform. As part of the assessment, clients receive a report on how the findings fit within a range of established, relevant controls, providing clients a clearer picture of their Bitcoin activities. This helps the financial...

Wecan Group SA, a Swiss Blockchain software provider used  Swiss private banks, is favoring an expansion in France for its internationalization. Behind this choice: an investment from Michel Reybier, owner of La Réserve hotels, and a selection in the Swave program, an initiative of the French government to attract the most promising fintechs in France. 100 billion is the amount of assets under management of independent asset managers using the Wecan Comply platform....

Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin. The company, fêted as a rare Swiss fintech unicorn (worth at least CHF1 billion), has just announced it has transformed into a bitcoin storage vault. This is quite a startling strategic shift. More than two million people (mainly in...

Blockchain-based data-sharing platform Spring Labs announced that is bringing TransUnion’s identity and credit data on-chain to help accelerate Web 3 and DeFi adoption. The off-chain credit data from TransUnion, a global information and insights company, will be made available on public blockchain networks via Spring Labs’ ky0x Digital Passport. Ky0x Digital Passport allows users to provide information about themselves in order to access permissioned smart contract...

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced that it has raised CHF 110 million in a significantly oversubscribed Series C funding round. The round was co-led by Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralised finance. Alameda Research, a global cryptocurrency quantitative trading firm and liquidity provider, as well as core partner of FTX, also participated in...

As investors increasingly incorporate digital assets into their portfolios, the crypto custody landscape continues to grow and mature. As of late-2021, around US$230 billion worth of digital assets, or about 9% of the total US$2.5 trillion cryptocurrency market, were being stored on the technology solutions of eight crypto custodians, separate research by The Block Research and Blockdata found. Coinbase stood as a leader in the space with some US$100 billion worth of...

BBVA Switzerland, the Swiss franchise of Spanish multinational financial institution BBVA, has expanded its cryptocurrency custody and trading service with the addition of Ether to its investment portfolio. Its private banking clients and new gen customers will now have access to both Bitcoin and Ether, a statement from the company said. These digital assets can be viewed along with other traditional investments on BBVA’s app, and can automatically be converted to...

A digital programmable euro is essential for innovative business models in Germany, according to the Frankfurt School Blockchain Centre (FSBC). The FSBC is a think tank and research centre focusing on the business implications of blockchain. It published the “The Programmable Euro: Review and Outlook” report on behalf of the Finanzplatz München Initiative (fpmi), highlighting the use cases of the digital programmable euro, a blockchain-based euro that enables...