Bakkt Acquires Apex Crypto in $155M Deal

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bakkt received a green light from US regulators to complete its $155 million acquisition of Apex Crypto, the company said in the press release on Monday. Bakkt said it expects the move would streamline […]

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Citi Outlines a Bright Future for Digital Securities in ‘Money, Tokens, and Games: Blockchain’s Next Billion Users and Trillions in Value’

Citi recently hosted a gathering of industry experts and businesses to explore the latest trends and future developments in the digital money market. According to the bank, the crypto space is nearing a critical inflection point where the long-promised potential of blockchain technology may soon become a reality. The investment bank analysts suggest that blockchain […]

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FTX EU Withdrawals to Go ‘Swiftly’, CySEC Says

<p class=”MsoNormal”>CySEC announced on Monday that FTX EU LTD initiated the procedures for customers to request final balances before withdrawing fiat funds from segregated accounts. The market supervisor believes the withdrawal process will go ‘swiftly.’ </p><p class=”MsoNormal”>FTX EU Begins Fiat Currency Withdrawal Process for Clients</p><p class=”MsoNormal”>In response to FTX EU announcing its initiation of processes […]

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News Nuggets | 3 April: GMO’s New Investment; Komainu Enhances Custody

<p> Nomura Appoints New Head of Wealth Management</p><p class=”MsoNormal”>Today, <a href=”https://www.financemagnates.com/tag/nomura/” target=”_blank” rel=”follow”>Nomura</a>, a leading Asian investment bank, announced the appointment of Dr Rudolf Hitsch as the Head of North Asia for its International Wealth Management division. In this new position, Dr Hitsch will operate from Hong Kong and oversee client relationship management teams for […]

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Miner Revenue in March Is at The Highest Levels in Nearly a Year – BTC Mining Firm’s March Update

Bitcoin miners have in March seen the best performing month in almost a year following Do Kwon’s Terra ecosystem collapse that shook the entire industry. March numbers show that mining companies have already grossed around $734.8 million in revenue. Notably, the recent surge in Bitcoin value has led to a substantial boost in hashrate, thereby […]

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Committing to Canada in the Wake of Hostility South of the Border – Which Exchanges Plan a Growing Presence?

It is no secret that the Biden administration and various regulators within the United States are working hard to keep the digital asset sector in check.  These efforts have most recently culminated in various enforcement actions being levied against market giants like Coinbase, Kraken, Binance, and more.  With these actions coming amidst a banking crisis that […]

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