Latest Blockchain News: Finextra Research

Figure hits $3.2bn valuation on $200m fund raise

Figure Technologies, a blockchain-based startup for providing loans against mortgage equity, is closing a $200 million Series D funding round at a $3.2 billion valuation.

20 May 2021

Company update/wholesale

SMBC joins Contour trade finance network

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has become the latest institution to join Contour’s global network of banks, corporates and ecosystem partners working together to transform trade finance.

20 May 2021

Company update/crypto

Blocksize Capital joins the Avaloq.one ecosystem

Frankfurt-based Blocksize Capital, a leading blockchain technology provider for financial institutions, has become the latest fintech to join Avaloq’s open banking marketplace.

20 May 2021

Company update/people

Circle names Mandeep Walia chief compliance and risk officer

Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced the appointment of Mandeep Walia as Chief Compliance and Risk Officer.

19 May 2021

Company update/payments

LuLu uses RippleNet to open Egyptian remittance corridor with National Bank of Egypt

Today, we’re excited to announce our partnership with the National Bank of Egypt (NBE), the North African country’s largest bank. Through Ripple’s global payments network RippleNet, NBE has connected with the UAE-based financial service provider LuLu International Exchange – part of the LuLu Financial Group – to process cross-border payments from the United Arab Emirates (UAE) to Egypt.

19 May 2021

Company update/crypto

Helix acquires GlobalBlock for £32 million

UK and London based digital asset brokerage GlobalBlock is pleased to announce that it has agreed a business combination with Canadian listed Helix Applications (Helix).

19 May 2021

Company update/retail

Current gets in DeFi with Acala integration

Current, a leading U.S. financial technology company serving Americans who are working to create a better future for themselves, today announced its partnership with Acala, a decentralized finance platform built on the Polkadot blockchain network.

18 May 2021

Company update/wholesale

Contour advances on metals industry with MineHub

MineHub and Contour partner to drive digitisation in metals and mining industry 18th May 2021: MineHub and Contour have partnered to integrate their digital supply chain and trade finance technology solutions for the global metals and mining industry.

18 May 2021

News/crypto

Temenos brings digital asset trading to core banking product

Swiss core banking vendor Temenos is to deliver access to digital assets for its banking clients through a relationship with local startup Taurus.

17 May 2021

News/crypto

Spanish stock exchange to test blockchain for SME financing

The Spainsh stock exchange (BME) is to test a platform that helps small and mediuem-sized businesseses to raise financing through the issuing of participatory loans and convertible notes represented as digital assets in a blockchain network.

14 May 2021

News/crypto

Thiel-backed Block.one preps $10bn crypto exchange

Block.one, the blockchain software firm backed by Peter Thiel, is pumping $10 billion into a new cryptocurrency exchange subsidiary.

11 May 2021

News/markets

Italy to roll out blockchain for digital sureties contracts

The launch of the first system platform that will enable sureties to be managed in the banking and insurance sectors through DLT technology will happen in the second half of 2021 following successful pilot trials by SIA and Italy's Research Centre on Technology, Cetif.

10 May 2021

Company update/crypto

Wirex adds WXT to Ethereum in DeFi push

Digital payments platform Wirex has announced the migration of a fifth of their popular native token, the Wirex Token (WXT), from the Stellar Network to the Ethereum blockchain.

06 May 2021

News/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.

06 May 2021

News/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.

06 May 2021

News/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.

05 May 2021

Company update/markets

LedgerEdge selects Exactpro for testing of DLT-enabled corporate bond trading platform

Exactpro, a leading software testing provider for mission-critical financial market infrastructures, today announces it has been chosen by LedgerEdge, the next-generation ecosystem for corporate bond trading, to deliver functional testing and ensure the resilience of LedgerEdge’s global corporate bond trading platform powered by distributed ledger technology.

05 May 2021

Company update/markets

Blockchain.com buys AiX assets

Today I’m pleased to announce that Blockchain.com has acquired the business of AiX, a company that has built an impressive, AI-powered negotiation and matching engine for institutional OTC traders.

04 May 2021

Company update/startups

Mastercard welcomes latest Start Path startups

Financial technology has made it possible to bring more people into the digital economy faster and more seamlessly than ever before. At Mastercard, we embrace the opportunity to partner with fintech companies to help drive inclusion at scale and deliver solutions focused on doing well and doing good.

03 May 2021

Company update/sustainable

Earthbanc and Swedbank bid to uncover sustainable lending opportunities

Earthbanc has partnered with Swedbank Lithuania to pilot the delivery of carbon and climate reporting for corporate and SME banking customers, which can open the door to sustainable finance opportunities.

29 April 2021