Last week, the world’s largest investment manager BlackRock announced a collaboration with crypto exchange Coinbase to enhance institutional access to digital assets. The partnership gifted users of BlackRock Aladdin – its portfolio management software – custodial, brokerage, and crypto trading, among other services, once signed up on Coinbase. BlackRock to offer exposure to Bitcoin through […]
Tag: STO
Abrdn Acquires Stake in Archax
<p>In an official announcement on 12 August, Archax confirmed that Abrdn has signed a deal with the company to become its largest external shareholder. Archax has been established to facilitate institutional investors who are interested in blockchain-based digital assets.</p><p>Archax was established four years ago. The company has secured approval from the <a href=”https://www.financemagnates.com/tag/fca/” target=”_blank”>Financial Conduct […]
More Firms Reveal Losses as Authorities Wind Up Raids in Probe Related to Terra’s Collapse
Prosecutors in South Korea detained three individuals on August 11 over links to an illegal cryptocurrency scheme. The arrests happened five weeks after Han Dong-hoon, the Justice Minister, had a meeting with officials from the US side to explore collaborative efforts in fighting financial crimes, particularly where cryptocurrencies are involved. The Korean Justice Minister held […]
Archax Attracts New Investor in ‘abrdn’ as Exchange Prepares for Launch
Archax, a highly anticipated digital securities exchange based out of the United Kingdom, has just announced that it has attracted a new investor – abrdn. Based out of Scotland, abrdn is a large investment firm that employs over 5,000 globally, and manages over $600B in assets. This deal marks one of its first forays in […]
The ultimate 2022 ChangeNOW review
ChangeNOW is the brand of CHN Group Limited, founded in 2017 with head office in Seychelles. It also has a branch in Amsterdam. The platform supports almost 400 cryptocurrencies, coming to an impressive 70,000 trading pairs. How does it work? ChangeNOW looks for the best exchange rates that exist on the market and tries to […]
Illegal FinTech Firms in India Used Crypto Exchanges to Launder Money: Assets Frozen
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. India’s Enforcement Directorate (ED), the country’s law enforcement agency tasked with investigating money laundering and violations of foreign exchange laws, has raided two more cryptocurrency exchanges in the country as part of a larger […]
Abrdn CEO Says Blockchain Will Shape Financial Markets as Firm Buys Stake in Archax
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. British asset manager Abrdn purchased a stake in Archax, the first regulated digital securities exchange in the United Kingdom. In the official deal announcement, Abrdn’s CEO Stephen Bird said blockchain technologies will inevitably shape […]
Decentralized Stablecoins Take Off After USDC Funds Frozen
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The decentralized stablecoin market seems to be the primary beneficiary in the ongoing Tornado Cash saga. Following the US Treasury’s sanction and the subsequent freezing of addresses linked with the mixer by the stablecoin […]
Interview: Choise.com CEO Vladimir Gorbunov on Aggregating the Best Crypto Solutions
<p class=”MsoNormal”>In today’s interview, Finance Magnates is speaking with Vladimir Gorbunov, the CEO of <a href=”https://choise.com” target=”_blank”>Choise.com</a>, a MetaFi ecosystem that aims to bring together the best-in-class crypto solutions to breach the gap between CeFi and DeFi.</p><p class=”MsoNormal”>Mr. Gorbunov is a serial FinTech entrepreneur and has been actively involved with the crypto industry since 2017. […]
BlackRock Offers Institutions Direct Exposure to Spot BTC
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Asset management giant BlackRock unveiled a new private trust allowing investors to gain exposure to spot Bitcoin. The trust, which primarily targets U.S. institutional clients, marks the first BlackRock’s offering that provides direct exposure […]
