Banking

Binance

Binance and Polychain Are Funding a Crypto-Friendly Bank in Malta

Paula Pandolfino is raising more than $10 million to launch a crypto-centric bank in Malta in 2020.

Business  ·  2 October 2019
Bitcoin

This Crypto-Savvy Bank Is Building Bandwidth for Bitcoin Retail Payments

The German bank is set to help European retailers accept bitcoin payments in early 2020.

Business  ·  1 October 2019
Banking

Swiss Stock Exchange SIX Lines up Buyers for ‘Initial Digital Offering’

Swiss stock exchange SIX's SDX blockchain platform has organized a consortium of institutions to back its "initial digital offering" set for mid-2020.

Business  ·  30 September 2019
Banks

The New Medici Bank Is About to Take On Its First Crypto Clients

The new crypto-friendly institution, founded by a descendant of the Renaissance-era banking dynasty, is about to onboard its first clients.

Business  ·  26 September 2019
Exchanges

Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week

The millennial-focused SoFi will offer trading in bitcoin, ethereum and litecoin next Tuesday and source its liquidity from Coinbase.

Business  ·  25 September 2019
Banking

Barclays Hackathon to Attack Data ‘Silos’ With Blockchain

Barclays is holding another hackathon to tackle the finance industry’s perennial problem of data silos. Again, blockchain will take center stage. 

Business  ·  25 September 2019
Funding Rounds

Token Tech firm Securitize Raises $14 Million from Santander, MUFG

The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.

Business  ·  24 September 2019
JPM Coin

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

Business  ·  20 September 2019
Banks

First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative

JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.

Business  ·  20 September 2019
Banking

Bank of America Joins Marco Polo Blockchain Trade Network

The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.

Business  ·  19 September 2019
Banks

Arab Bank’s Swiss Arm Is Launching Cryptocurrency Services

The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.

Business  ·  19 September 2019
Stablecoins

Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement

U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.

Business  ·  17 September 2019
JPM Coin

Deutsche Bank Joins JPMorgan’s Crypto Payments Network

JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.

Business  ·  16 September 2019
Banking

Tagomi Rollout Paves Way for Institutional Crypto Shorting

Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies.

Business  ·  13 September 2019
Ethereum

Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum

Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.

Business  ·  12 September 2019