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Latest Results from /markets

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Freetrade launches crowdfunding campaign

The day after it emerged that a funding round for Freetrade fell apart earlier this year, the UK stock trading app has gone back to the public with another crowdfunding campaign.

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Edda raises funds for Bloomberg terminal of the private markets

Edda, a French outfit building collaborative software for professional investors, has raised $5.8 million in funding.

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Regulator says bankrupt crypto lender Celsius misled investors

Bankrupt crypto lender Celsius Network made "false and misleading claims" about its "financial health and compliance with securities laws", according to a court filing from the Vermont Department of Financial Regulation.

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Wave Financial buys stake in Swiss crypto firm

US-based digital asset manager Wave Financial has made its first European acquisition following the purchase of a minority stake in Swiss crypto assets firm Criptonite Asset Management.

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Abu Dhabi establishes crypto committee

Abu Dhabi has announced the formation of a government body to develop its strategy for regulating and promoting the world of virtual assets.

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Wombat raises £4 million to fuel international expansion

Micro-investing firm Wombat has closed a £4 million Series A round to support forthcoming product launches and international expansion plans.

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Fintech investor Chrysalis Investments hit by tech rout

Chrysalis Investments has reported a 22% drop in the net asset value of its fund, reflecting the revaluation of fintech firms in its portfolio.

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DTCC's DLT-based settlement platform goes into parallel production

The Depository Trust & Clearing Corporation (DTCC) says its distributed ledger technology-based alternative settlement platform has gone live in a parallel production environment.

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FCA fines Citi £12.5m for trading oversight failings

The UK's Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity

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Banks to pay $1bn over traders' use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.

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Asset manager launches metaverse fund

Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.

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EToro to buy US options trading app Gatsby

Social investment platform eToro is boosting its presence in the US after inking a definitive agreement to buy options trading app Gatsby for around $50 million.