Tag: institutional adoption

Oct 01 2022

Breaking: Circle Advances Institutional Adoption Of USDC In DeFi And Web3

Payments technology company Circle on Saturday announced creating the first Verite KYB (know your business) credentials that can be easily accessed on the MetaMask Institutional wallet. Circle partners DeFi uncollateralized lending protocol TrueFi to enable support for Verite KYB credentials and access with USDC stablecoin. Circle Partners TrueFi for Institutional... Read more

Sep 21 2022

Nasdaq Launches Digital Assets Bussiness in Response to Growing Institutional Demand for Crypto

Nasdaq, one of the leading financial firms and the owner and operator of 10 stock exchanges in the US and Europe, has announced the launch of Nasdaq Digital Assets, a new business designed to facilitate digital assets trading and custody.

Helium Network Founders Partner With T-Mobile for 5G-Powered ‘Cryptocarrier’ Helium Mobile

Nova Labs, the founders of the Helium network, have announced a five-year partnership with US carrier T-Mobile, which will see the launch of Helium Mobile, a crypto-powered mobile carrier.

Sep 13 2022

MicroStrategy Announces $500M Stock Sale to Fund Additional BTC Buys, MSTR Surges 30%

According to a September 9 filing with the US Securities and Exchange Commission (SEC), MicroStrategy is likely gearing up to further bolster its Bitcoin portfolio. The company is offering shares of their class A common stock at $0.001 per share, with an aggregate price of $500 million.

Sep 06 2022

Singapore’s Largest Bank To Expand Bitcoin, Crypto Services Amid Bear Market

DBS Group Holdings is looking to expand its digital asset exchange to 300,000 of its wealthiest clients across Asia and build out new products.DBS bank in Singapore wants to expand its digital asset offerings to more of its 300,000 users.The bank is also looking to upgrade its mobile application to make the process more user-friendly. DBS holds $488 billion in total...

Sep 03 2022

How Сan Metaverse Revolutionize the Music Industry?

While images and videos are the first things that come to mind when thinking about NFTs, music can also be represented and sold in the NFT format. Musicians now have an opportunity to profit from blockchain technology as metaverse concerts become increasingly popular. Building a digital fanbase, streaming your music, and selling exclusive collectibles can all provide a solid income.

Sep 02 2022

Ticketmaster Partners With Flow for Exclusive NFT Offerings

US ticket sales and distribution company Ticketmaster has announced a team-up with Flow (FLOW), one of the leading NFT-focused blockchains in the crypto sector. The collaboration will enable Ticketmaster event organizers to issue non-fungible tokens (NFTs) tied to live events, according to a press release.

Aug 31 2022

Leading Derivatives Marketplace CME Group Launches Euro-denominated BTC and ETH Futures

Chicago Mercantile Exchange Inc. (“CME”) has announced the expansion of its cryptocurrency product portfolio with the launch of euro-denominated Bitcoin and Ethereum futures. The two new crypto derivatives products have been cleared by the regulators and listed on CME on Monday.

Aug 26 2022

Crypto ATM Company Bitcoin Depot To Go Public Through an $885M SPAC Deal

Cryptocurrency ATM company Bitcoin Depot has reached an $885 million deal with a special-purpose acquisition company (SPAC) – GSR II Meteora Acquisition – that will see the company go public, the Wall Street Journal reported on Thursday.

Aug 25 2022

Wakeup Labs Partners With Kilimo to Issue Water Certificate NFTs to Farmers

WakeUp Labs and Kilimo have partnered to tokenize water-saving certificates as non-fungible tokens (NFTs).

Aug 19 2022

Leading Derivatives Provider CME Group to Launch Ethereum Futures Options in Mid-September

CME Group, one of the largest marketplaces for derivative financial instruments, announced on Thursday the launch of options on Ethereum futures next month. Barring an unsuccessful regulatory review, the service will launch on September 12, mere days before The Merge, which is slated to take place on September 15/16.

Aug 04 2022

Is This Regulatory Move Imminent After Blackrock Coinbase Partnership?

BlackRock is the latest corporation to indicate interest in Bitcoin (BTC), with a partnership agreement with Coinbase. In...

BlackRock To Offer Bitcoin Trading, Custody In Coinbase Partnership

The $10 trillion asset manager will leverage Coinbase Prime to offer bitcoin trading and custody services to institutional investors.BlackRock will begin offering bitcoin trading and custody services.The asset manager is partnering with Coinbase to facilitate trading desk and custodial operations for its institutional clients.Coinbase Prime will act as the custodian and it does not...

Jul 19 2022

Leading Art and Luxury Company Christie’s Launches Web3-Focused Venture Fund

Christie’s, the world’s leading auction house, announced the launch of a new venture capital unit that aims to pursue Web3 investment opportunities in the art sector. According to a press release, the newly launched venture arm, called Christie’s Ventures, will “provide financial resources and expert support to Emerging Technology and FinTech companies creating solutions with art market relevancy.”

Jul 14 2022

Polygon Chosen for Disney’s ‘Accelerator Program’ as the Only Blockchain-Native Participant

Multinational entertainment and media conglomerate the Walt Disney Co. announced on Wednesday a group of six companies that have been selected for the 2022 Disney Accelerator. Ethereum Layer 2 developer Polygon is the only blockchain-native company to have made the list.

Jul 08 2022

Robinhood Enables Users to Send and Receive Bitcoin and Other Crypto Assets

Popular trading platform Robinhood unveiled on Thursday the launch of crypto transfers. The new feature will allow Robinhood users to send and receive Bitcoin and a plethora of other supported cryptocurrencies directly on the blockchain.

Reddit to Sell Blockchain-Based ‘Collectible Avatars’, Avoids NFT Terminology

Social media giant Reddit announced on Thursday the launch of so-called Collectible Avatars. Although the social media platform completely omitted any kind of NFT-related terms in its blog post, the newly-launched collector's items are still image-based, blockchain-powered collectibles that are not fungible – in short, they are non-fungible tokens (NFTs).

Jul 06 2022

Bank for International Settlements To Let Banks Store Up To 1% of Their Reserves in Bitcoin

The Bank for International Settlements (BIS), a global central bank governing body, is seemingly getting ready to welcome Bitcoin (BTC) and other cryptocurrencies into the reserve assets fold, by allowing banks to keep up to one percent of their reserves in digital currencies.

Jun 30 2022

New York Community Bank Will Custody Circle’s USDC Reserves

Circle, the issuer of the second largest market cap stablecoin USD Coin (USDC), announced on Tuesday that it is partnering with New York Community Bancorp (NYCB). As a part of the deal, the New York-headquartered financial firm will become a custodian of USDC cash reserves and collaborate with Circle to promote low-cost payments services for “unbanked communities”.

Jun 28 2022

51% of Consumers from Latin America Have Used Crypto in the Past Year, According to Mastercard Survey

Key takeaways: Mastercard has published the results of a survey on emerging payment technologies called New Payments Index 2022 More than half of consumers from Latin America have made a...

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