State Street to expand its crypto fund administration capabilities

Through its partnership with Lukka, the firm will offer private funds clients services such as crypto processing and reporting Financial services provider State Street announced yesterday that through its partnership with crypto asset solutions provider Lukka, it will offer its private funds clients fund administration capabilities for digital and cryptocurrency assets. State Street Digital’s alternatives […]

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Investing In DigiByte – Everything You Need to Know

DigiByte (DGB) is a fourth-generation blockchain and cryptocurrency that consistently ranks amongst the top-performing projects in the market. The network is best known for its high scalability, security, and unique multi-structured consensus mechanism. Today, DigiByte has a strong following in the market and across its numerous social media channels. The platform is recognized for its […]

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Bank of America, FTX, & Coinbase Join Paxos as Strategic Investors, State Street Offering Crypto Services to Private-Fund Clients

New York-based Paxos, which focuses on the back-end infrastructure and enables PayPal’s cryptocurrency services, announced new strategic investors for its $300 million Series D funding raised three months back. To date, Paxos has raised over $540 million in funding with a valuation of $2.4 billion. These new high-profile investors include the investment giant Bank of […]

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Binance Embraces Regulation to Remain top Crypto Company

Neither the author, Charlie Perkins, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Regulations are quickly becoming the most important aspect of any company in the cryptocurrency industry. As governments around the world continue to work towards developing regulatory frameworks for crypto, companies are constantly needing to […]

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Senators Support Decentralization; Skeptical of DeFi in New Hearing

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On July 27th, the United States Senate Committee on Banking, Housing, and Urban Affairs scheduled a hearing focused on cryptocurrency. During the event, a panel of lawmakers from across the political spectrum, and guest […]

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Cryptocurrency Purchases Fuel 56% Jump in Visa’s Overseas Spending; MasterCard Launches New Program

Payment giant Visa reported a surge of 47% in overseas spending in the fiscal third quarter, surpassing estimates. Overseas spending is a key metric as such transactions are more lucrative. Online cross-border spending, excluding travel, also jumped 56% from 2019 in Q3, representing a 12 points increase from the second quarter. Most of this gain […]

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Mastercard Adds Crypto and Blockchain Track to FinTech Incubation Program

With payment processing warming up to cryptocurrencies more and more by the day, several companies in the former space have been looking into integrating digital assets into their services. Mastercard has become the latest to bring out a crypto-focused initiative, with the company announcing support for blockchain and crypto companies in its incubator program. Touching […]

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