Business News

Banks

Singapore Exchange–Backed iSTOX Raises Series A for Tokenized Securities Trading

The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.

Business  ·  4 October 2019
Apple

Issuing Money Is for Governments, Not Private Firms: Apple CEO

Apple CEO Tim Cook has been asked whether his company would launch a cryptocurrency, and the answer is a firm no.

Business  ·  4 October 2019
Regulation

Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts

The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.

Policy & regulation  ·  3 October 2019
Funds

Asset Manager Stone Ridge Files SEC Prospectus for Bitcoin Futures Fund

The firm's SEC prospectus details a cash-settled bitcoin futures fund offering 100,000 shares at $10 apiece.

Business  ·  3 October 2019
Ethereum

IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money

IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.

Business  ·  3 October 2019
News

Samsung-Backed Blocko Launches in UAE After Dubai Blockchain Push

Enterprise blockchain provider Blocko has launched in the UAE after raising capital in Asia and Europe.

Business  ·  2 October 2019
Exchanges

It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors

It’s way too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, equity analysts at Oppenheimer & Co. said.

Business  ·  2 October 2019
Chainalysis

Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into Any App

Xpring says its tech uses XRP ledger to make it possible for developers to integrate payments into any application.

Business  ·  2 October 2019
Acquisitions

Acquisition Marks Broadridge Financial’s First Foray Into Crypto Services

Broadridge Financial Solutions has bought a startup offering products that serve the cryptocurrency and crypto derivative space.

Business  ·  2 October 2019
Blockchain

Ex-BlackRock Exec Joins Wallet Provider Blockchain as General Counsel

After more than 25 years in traditional finance, Howard Surloff joins Blockchain as the first general counsel on the company's executive team.

Business  ·  2 October 2019
Hedera Hashgraph

Crypto Token HBAR Is Tanking and Hedera Hashgraph Is Looking for a Fix

The price of Hedera Hashgraph’s HBAR token has crashed in recent weeks.

Business  ·  1 October 2019
Exchanges

Crypto Exchange Bithumb’s $333 Million Acquisition May Be in Jeopardy

A fintech firm's acquisition of Bithumb reportedly hasn't been fully paid for, even after a deadline was extended.

Business  ·  30 September 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
Exchanges

Ripple Expands Into Iceland With Acquisition of Crypto Trading Firm

Ripple is acquiring its way into Iceland, adding a team of six engineers to focus on integrations with partner crypto exchanges.

Business  ·  30 September 2019
Supply Chain

Ant Financial and Bayer to Jointly Develop Blockchain for Agriculture

Bayer Crop Science has agreed to work with Alibaba's Ant Financial to develop a blockchain-based system for agricultural product monitoring.

Business  ·  30 September 2019