The funding round which involved several institutional investors brought to Electric Capital $110 million.
Tap Global is authorized and regulated by the Gibraltar Financial Services Commission and insured up to €100 million USD by Lloyd’s of London.
Basler Kantonalbank is working on introducing cryptocurrency-related services that are set to be a new thing in the crypto space.
The experts believe that blockchain technology has a promising future and it may be integrated into a lot of industries. TimeCoinProtocol is designed to enable the creation of decentralized sharing economy apps.
Digital payment service provider TransferWise has increased its valuation to $5 billion and is now ranked among top European fintech companies.
Ripple Labs’ Japanese partner SBI Holdings has set up its new S coin token platform. The platform works on the Corda blockchain.
With blockchain solutions gaining a global traction, Israel’s Tel Aviv Stock Exchange (TASE) has launched a blockchain platform that will enhance peer-to-peer Securities Lending.
Director of product at Ripple, Craig DeWitt, unveiled the beta version of a new P2P payments platform Payburner that utilizes XRP for processing payment. Payburner users can now make PayID payments.
Travala.com partners with Swipe to allow its customers to utilize the Swipe’s Visa card in their hotel industry. Swipe has now listed AVA, while Travala will now accept SXP.
Opera users in the UK can now utilize their Opera built-in crypto wallets to trade Ethereum as more digital assets will be added in the near future.
Visa stated that digital currencies could help in offering better services and expansion of the networks that would support modern forms of trade and exchange.
BNP Paribas has committed to joining the IBM Cloud for Financial Services as its anchor client in Europe. It is the first step in creating an ecosystem for the platform on the European continent.
Masayoshi Amamiya, the Bank of Japan executive governor, said that a CBDC may play a central role in interoperability between many emerging digital assets in the country.
The Ant Financial management believes that their move to go for an IPO and become a public company will enhance transparency to their stakeholders.
Fintech giant app Paypal has partnered with Paxos to launch a new crypto service. This new venture will serve more than 300 million PayPal users.