Latest Posts with Financial Institution tag

Financial Institution

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Square, Inc. Invests $50 Million in Bitcoin

12 Oct 2020 1 minute read 0 comments ArgenDAO

"We believe that bitcoin's underlying technology — blockchain — will have a profound impact on how people around the world transact and store value," said Jack Dorsey, CEO of Square. "The potential for disruption with bitcoin is tremendous." This is...

Crypto Investors Own 15 Percent of NY Bank Deposits

4 Sep 2020 3 minute read 4 comments MintDice.com

While most banks are still steering clear of Bitcoin, Metropolitan Commercial Bank seems to have embarked on the road less traveled. A commercial bank based in New York, Metropolitan recently shared the fact that cryptocurrency investors and clients...

Bitcoin Increases as Square’s Cash Trades in NY

1 Sep 2020 5 minute read 1 comment MintDice.com

Square Inc., a popular fintech payment company has received a license from the New York State Department of Financial Services to trade cryptocurrency in the state. The license is known as a Bitlicense and allows New York-based traders to trade Bitco...

Institutional Investors are buying crypto by the hundreds of millions

18 Aug 2020 1 minute read 0 comments Mozzie

Grayscale one of the fastest growing crypto investment firms has been making headline news ever since they started their TV ad campaign on August 10, 2020. On Friday CEO Barry Silbert tweeted that in just a single week they've managed to reach $217 m...

Russia's Biggest Consumer Bank to Launch Blockchain Built Using Hyperledger Fabric

7 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Russia’s largest consumer bank, Sberbank, will launch a blockchain built using Hyperledger Fabric, with the possibility of a stablecoin launch also being discussed, according to Russian media outlet Vedomosti. Nodes will be hosted on Sberbank’s clou...

Ripple's Q2 Market Report Shows Better Sales Than Q1

5 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Ripple published its Q2 XRP market report on August 3, and the numbers are much better than those of Q1. The report covers quarterly programmatic and institutional sales updates, as well as updates and commentary on partnerships and developments. To...

Institutional Investors barred Crypto Market to retail investors: Inequality on Opportunities

24 May 2020 4 minute read 0 comments CryptoJD

Hi, I'm CryptoJD, I'm new to this platform and I consider myself "Newbee" in Crypto Market. I started learning crypto March 2018 after the Bull Run. I wrote stuffs related to it after I heard from a friend that "Bitcoin topped nearly $20,000 each" an...

WisdomTree Investments, Inc: Developing Multi Asset Backed Stablecoin

13 Jan 2020 1 minute read 0 comments zogintl

Lets get into it good people, this story has huge implications in the future of digital assets.  WisdomTree Investments, Inc. is a New York-based exchange-traded fund and exchange-traded product sponsor and asset manager. WisdomTree launched its fir...

The first U.K regulated Crypto Bank will soon Launch.

2 Jan 2020 1 minute read 0 comments alberdioni8406

Ziglu is the name of the first regulated Crypto Bank to be soon launched In the United Kingdom and the Founder of the company is the former Starling Bank Co-Founder Mark Hipperson. The Financial Crypto Firm is based in London,founded in 2018,but onl...

Intercontinental Exchange Launches Bakkt Ecosystem

28 Oct 2019 5 minute read 0 comments MintDice.com

Digital Asset market is worth $270 billion now. Eyeing this massive opportunity, Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), has launched the Bakkt ecosystem which will provide a marketplace for digital assets...