Blockchain

2150 articles tagged with this keyword

/regulation

WEF: Little market-wide agreement on DLT use in capital markets

A report from the World Economic Forum (WEF) and Boston Consulting Group (BCG) has found that while distributed ledger technology (DLT) offers the potential for significant market-wide transformation, market participants are still far from adopting this technology at scale at a market-wide level.

/crypto

Latin American crypto exchange Bitso hits $2.2bn valuation

Latin America's largest cryptocurrency platform, Bitso, has hit a $2.2 billion valuation off the back of a $250 million Series C equity round led by Tiger Global and Coatue.

/crypto

Goldman Sachs invests in Coin Metrics

Goldman Sachs has led a $15 million Series B funding round for crpto financial intelligence player Coin Metrics.

/crypto

Deutsche Börse and Commerzbank to build digital asset marketplace

Deutsche Börse and Commerzbank have invested in fintech spinoff 360X with the aim of building a blockchain-based digital marketplace for digital asset clases in art and real estate.

/crypto

Paxos receives $2.4 billion valuation on $300 million Series D

Blockchain infrastructure platform Paxos has closed a $300 million Series D round of funding, giving the firm behind the crypto offerings of PayPal a $2.4 billion valuation.

/crypto

Digital asset custodian Finoa raises €22 million

Digital asset custodian Finoa has secured $22 million in a Series A funding round led by Balderton Capital.

/markets

EIB issues digital bond on public blockchain

The European Investment Bank (EIB) has issued a €100 million two-year bond using public blockchain technology.

/payments

DBS, Temasek and JPMorgan set up DLT-based payments joint venture

DBS, Temasek and JPMorgan have set up a joint venture company that will use distributed ledger technology to challenge the cumbersome hub-and-spoke model applied to traditional cross-border payment flow.

/sustainable

ALT/AVE to drive new funding into its DLT offering

Having secured £535,000 investment, regtech ALT/AVE plans to further develop its distributed ledger solution docStribute, to expand its core uses beyond financial services.

/wholesale

Digital Asset raises $120m

Digital Asset has raised over $120 million in Series D funding to expand its Daml data network, which is used by a host of FS giants to transform disparate data silos into synchronised networks.

/sustainable

Stacs raises $3.6m for DLT-based ESG tech

Hashstacs (Stacs), a Singaporean startup using DLT to help financial institutions meet their Environmental, Social, and Governance (ESG) needs, has raised US$3.6 million in pre-Series A funding.

/retail

Open Bank Project and API3 partner to unite banking and the blockchain

Open Bank Project (OBP) has formed a partnership with the API3 Foundation to deliver banking and open banking data oracles to the decentralised web.

/wholesale

Rishi Sunak announces UK Treasury and BofE fintech taskforce to explore CBDC

Chancellor of the exchequer Rishi Sunak announced today the launch of new fintech taskforce to “coordinate exploratory work on a potential central bank digital currency,” led by the UK Treasury and Bank of England.

/payments

JP Morgan uses blockchain to improve global transfers

JP Morgan is working with a group of Taiwan banks to test the use of blockchain technology to improve global funds transfers.

/crypto

SocGen issues structured product as security token on public blockchain

Societe Generale has issued the first structured product as a security token directly registered on the Tezos public blockchain.

/markets

Nyse launches 'First Trade' NFTs

The New York Stock Exchange is joining the NFT craze, launching a series of collectibles that commemorate the first time six major companies were traded publicly.

/crypto

FS giants join $65m ConsenSys funding round

JP Morgan, Mastercard and UBS have joined a $65 million funding round for blockchain software engineering firm ConsenSys.

/markets

Interoperability crucial for DLT in post-trade processes - ECB

Market participants working on the use of DLT in post-trade processes need to ensure interoperability if the technology is to succeed, according to a European Central Bank report.

/crypto

Russia pushes ahead with digital ruble

The Bank of Russia has set out plans to build a prototype digital ruble by the end of the year.

/payments

Citi partners IDB on blockchain-based cross-border payments trial

Citi Innovation Labs has teamed up with the Inter-American Development Bank (IDB) to test the use of blockchain technology and tokenised money to send payments from the US to Latin America and the Caribbean.