DeFi

206 articles tagged with this keyword

/crypto

21.co becomes largest Swiss crypto unicorn with $25m raise

21.co, the world’s leader in providing access to crypto through simple and easy to use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions. Other investors in the round include Collab+Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners.

/startups

Credix raises $11.25m for decentralised credit marketplace

Credix, a decentralised credit marketplace connecting institutional investors with fintech lenders in emerging markets, has raised $11.25 million in a Series A funding round led by Motive Partners and ParaFi Capital

/crypto

Crypto exchange Bybit to list Okse digital wallet

Bybit, the third most visited cryptocurrency exchange in the world, will list OKSE, the utility token of Okse Card and Okse Wallet, on Bybit Launchpad 2.0.

/regulation

ECB to rope in crypto with licensing framework

The European Central Bank (ECB) has announced its intent to harmonise how banks offer crypto assets through a crypto regulatory framework to be implemented across the Union.

/wholesale

Maven 11 launches permissioned pool with Maple Finance

Maven 11 has launched a Permissioned Pool, together with Maple Finance. The initial pool size is $ 40 million in USD Coin (USDC) with an attractive risk-adjusted return to investors. Initial participants for the new pool are Flow Traders, Wintermute and Auros.

/crypto

Paystand acquires Mexican peer Yaydoo

Paystand, the leader in blockchain-enabled accounts receivable and B2B payments, today announced the acquisition of Yaydoo, the leader in accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM.

/crypto

Bitso and Mexican Football Federation launch NFT jerseys

Bitso, the leading cryptocurrency platform in Latin America with more than 5 million users, and the Mexican Football Federation (FMF) launched the first collectible NFT of the Mexico National Team’s jerseys that was acquired in cryptocurrencies.

/retail

Vantage launches social trading network for its trading app

Vantage, the multi-asset trading platform for retail and professional traders, today announces the launch of its new social trading product, V Social.

/crypto

Quickbit and Aqru team up for DeFi promotion

AQRU plc, an incubator specialising in decentralised finance (DeFi), announces today that its wholly owned subsidiary, Accru Finance Ltd., has entered into a partnership with Sweden’s paramount crypto company Quickbit eu AB (publ), to bring its yield-generating products to a wider audience.

/people

Prontoblock appoints CFO

Prontoblock, today announced the appointment of Kelley Millet as the company's Chief Financial Officer and Board Member, effective July 15, 2022.

/startups

Decentralised lending platform Morpho raises $18 million

Today, we are thrilled to announce that Morpho has raised $18M from a16z Crypto and Variant, with participation from 80 additional investors, including advisors, founders, builders, and power users.

/startups

Santander to hold awards ceremony in metaverse

Santander will host an awards ceremony in the metaverse this week to crown the winners of a global blockchain challenge.

/security

SDX Web3 to collaborate with Fireblocks

SIX Digital Exchange’s Web3 dedicated unit, SDX Web3 Services, announces a strategic collaboration with Fireblocks, the award-winning digital asset and crypto technology platform, to provide financial institutions and institutional investors with a set of infrastructure services for the distributed economy.

/crypto

Wirex to offer crypto-backed credit

Wirex, the leading payments platform, has launched Wirex Credit, offering highly competitive interest rates and no origination fee for crypto-backed loans. Users can easily borrow up to $100,000 in stablecoins, with a loan to value (LTV) of up to 80% within the Wirex app.

/retail

Jungle Ventures leads $10m series A in trading platform MarketWolf

Fintech stock trading platform MarketWolf announced a $10M Series A fundraise led by Jungle Ventures and Dream Capital. Existing investors and others including 9Unicorns, iSeed, Crescent and Riverwalk, also participated in the round. This brings the total capital raised by the company to $17.4M since inception. MarketWolf intends to use this fresh round of funding for building out its product suite and to hire top talent across product, marketing and engineering functions.

/payments

Ephelia Capital buys stake in blockchain-based streaming company

Ephelia Capital, a Swiss-based financial hub for Professional Investors, Entrepreneurs and Financial Institutions, today announces it has taken a majority stake in financial asset streaming fintech Streamable Finance.

/crypto

Visa launches ‘Bitcoin Cashback’ cards in Brazil and Argentina

Visa has rolled out Latin America’s first crypto cards, through partner companies in Brazil and Argentina.

/payments

Money 20/20 EU: How ‘web2.5’ and DLT are propelling financial services forward

In conversation with Mariana Gomez de la Villa, centre expertise lead, distributed ledger technology, ING, Finextra secured a first-hand take on the key trends dominating the DeFi world, from one of the industry’s leading voices. Here are Gomez de la Villa’s key insights shared direct from the floor of Money20/20 in Amsterdam:

/devops

MAS launches 2022 global fintech 'Hackcelerator' on Web 3.0 and green finance

The Monetary Authority of Singapore (MAS) announced today the launch of the 7th edition of the Global FinTech Hackcelerator, with the theme “Accelerating A Greener Digital Future”.

/crypto

MAS to test DeFi applications in wholesale funding markets

The Monetary Authority of Singapore is collaborating with JPMorgan, DBS Bank and Marketnode to explore the use of digital assets in tokenization and DeFi.