Mutually Beneficial Some partnerships are simply one company helping another; then, there are mutually beneficial partnerships in which both parties offer something helpful to the other. With the recent announcement that CurioInvest and MERJ are partnering together, it is clear that this situation is the latter. CurioInvest is a young company, which provides investors with […]
Category: STO News
Polymesh Whitepaper Sheds Light on Specialized Blockchain
WhitePaper Release Nearly ten months after their initial announcement of Polymesh, Polymath has just released the inaugural whitepaper for their anticipated project. As industry players continue to establish the foundation of the digital securities sector, Polymath is doing their part. After years of developing Ethereum based solutions, the team recognized a real need for a […]
Bakkt’s Consumer App Development To Get A Boost With ICE’s Acquisition Of Bridge2
It looks like Bakkt is becoming bigger and bigger, as its parent firm International Exchange (ICE) announced on Wednesday that it agreed to acquire the consumer and merchants’ loyalty solutions provider Bridge2 Solutions. Bakkt will use the funds that it’s continuing to obtain from the Series B fundraising round for acquiring Bridge2 and implementing its […]
ConsenSys to Tokenize Municipal Bonds, Acquires U.S. Broker-Dealer
On February 4th, 2020, ConsenSys announced the acquisition of Heritage Financial Systems, an SEC-registered broker-dealer. The company now plans to integrate blockchain technology with the municipal bond market, by leveraging bond-backed security token offerings in small communities across the U.S. ConsenSys Enters U.S. Security Token Market through Bonds ConsenSys is a blockchain company founded by […]
Bitgo, Crypto Custodial Service, Launches In-Platform Trading For Institutional Clients
It has been a while coming as crypto custodians look for better ways to serve clients on their platforms. With security protocols no longer a competitive advantage in the field, ease of access and management costs are taking shape as the differentiating factors across most crypto custodial services, Bitgo becomes the latest to offer trading […]
Ethereum’s ConsenSys Announces Staff Cuts By 14% While Also Acquiring Broker-Dealer
The Ethereum development studio ConsenSys is doing a major restructuring of its business and will cut staff by 14%, as it aims to raise $200 million. The Brooklyn-based company announced at a meeting with its entire staff from Tuesday that changes are about to be made. When inquired by the press about how many people […]
Sony Enters Security Token Industry with Investment in Securitize
On February 3rd, 2020, digital securities platform Securitize announced an investment from Sony Financial Ventures. Sony has now joined a notable list of firms backing Securitize, including Coinbase, Ripple, Blockchain Capital, Santandar Bank, MUFG, and SBI Holdings. Sony’s Entrance in the Security Token Space Explained Securitize is a technology provider for the issuance and management […]
Digital Asset Custodian Anchorage Now Supports Cosmos (ATOM) Custody and Trading
The crypto custodian Anchorage has just added support for Cosmos, meaning it now allows their clients to trade and store Cosmos tokens on the platform that it runs. Staking services for Cosmos will also soon be launched, said Diogo Mónica, the co-founder and President of Anchorage. The company is based in San Francisco and different […]
Mastercard CEO Explains Why His Firm Left Libra
On February 3rd, 2020, Mastercard CEO Ajay Banga detailed precisely why Mastercard left Libra. Ultimately, concerns over compliance, revenue generation, and a lack of decentralization led Mastercard to abandon Libra. Why Did Mastercard Drop Out of Libra? Ajay Banga has served as Mastercard’s CEO since 2010. In June of 2019 — the same month Facebook […]
BitMEX to Offer XRP Perpetuals with 50x Leverage
Binance recently listed a similar instrument causing a price surge of the token.
