Advertisement

Business

State Street to Provide Private Clients with Crypto Administration Services

  • State Street partnered with Lukka to use its reference and pricing data, as well as its middle and back office products, to power its new services.
  • Using Lukka's products, the bank will be able to incorporate digital assets alongside private clients' other alternative investments.
Shutterstock

  • State Street partnered with Lukka to use its reference and pricing data, as well as its middle and back office products, to power its new services.
  • Using Lukka's products, the bank will be able to incorporate digital assets alongside private clients' other alternative investments.
Shutterstock

Diginex Closes $6 Million Series A Funding Round

  • The funding round, led by Fitch Group, brings the total amount raised by the company to $8 million.
  • Diginex will use the investment to improve its DiginexESG platform.
Shutterstock

Okcoin Secures Crypto Licenses in Malta and the Netherlands

  • The company has secured approval from the Malta Financial Services Authority and formal registration from the Dutch Central Bank.
  • The licenses will enable the company to establish additional banking partnerships and payment rails in Europe.
Shutterstock

Valora Separates from Celo, Raises $20M

  • The mobile digital wallet built for the Celo network revealed it will be separating from its parent firm cLabs, and will now operate as an independent company.
  • The new company also announced it has closed a $20 million Series A funding round led by Andreessen Horowitz.

Advertisement

Shutterstock

Ripple Launches First On-Demand Liquidity Service in Japan

  • SBI Remit has partnered with Coins.ph to facilitate remittance payments from Japan to the Philippines using Ripple.
  • Ripple's ODL service will enable the companies to provide faster and more affordable remittance options.
Shutterstock

Chainlink Price Feeds to Go Live on Cronos

  • Crypto.com selected Chainlink as it has proven itself as one of the most reliable decentralised price oracles in the industry.
  • Its price feeds will open up new use cases on Cronos, such as establishing exchange rates for tokenized assets, checking limit order conditions, and more.
Shutterstock

Mastercard Onboards 7 Startups to its Start Path Program

  • GK8, Domain Money, Mintable, SupraOracles, STACS, Taurus, and Uphold have joined Mastercard's new Start Path program.
  • The startups will leverage Mastercard's tools and network to address various pain points in the crypto and blockchain industries.
Shutterstock

Simplex Partners With Allpay to Launch Crypto Debit Card

  • allpay.cards will provide Simplex users with a bespoke Visa debit card.
  • The card will enable users to spend their cryptocurrencies anywhere Visa cards are accepted.
Shutterstock

Amazon Reportedly Looking to Accept Bitcoin Payments

  • An anonymous source said that Amazon was looking to introduce Bitcoin payments by the end of 2021.
  • Within the next year, the company is reportedly planning to introduce other cryptocurrencies and explore the launch of a native token.
Shutterstock

Reddit to Scale its Community Points System Using Arbitrum

  • Arbitrum was chosen as the winner of Reddit's "Scaling Bake-Off", and will now be used to upgrade the platform's two Ethereum-based tokens.
  • The integration will remain on the Rinkeby testnet for a while, after which it will be migrated to the scaling network.
Shutterstock

Watford FC Announces Partnership With Stake.com

  • The multi-year partnership is set to begin in the 2021/2022 season.
  • Stake.com aims to increase brand awareness in the U.K. as it prepares to launch Stake.co.uk.
Shutterstock

Currency.com Joins CryptoUK as Executive Member

  • Currency.com has become the 10th executive member of the association, joining the ranks of Crypto.com, eToro, Ripple, and others.
  • By joining CryptoUK the company plans to "drive greater dialogue and collaboration with regulators and policy makers" in the country.
Shutterstock

Paysafe To Implement Elliptic’s Compliance Solution

  • Paysafe will implement Elliptic Lens to manage exposure to crypto-related risks.
  • The compliance solution will be integrated into Paysafe's proprietary AI-powered risk engine.
Shutterstock

Upcoming Crypto Exchange Receives BNY Mellon Backing

  • Bank of New York Mellon has followed in the steps of State Street in supporting the soon to be launched Pure Digital exchange.
  • BNY Mellon has offered to provide custody support, while State Street will contribute with its trading infrastructure and technology.