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Posts Tagged ‘Launch’

Alibaba’s Ant Financial to Launch Blockchain Backend-as-a-Service Platform

Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is launching a blockchain BaaS (Backend-as-a-Service) platform, local news outlet China Money Network reports September 21. The announcement was reportedly made by Ant Financial vice president Jiang Guoefei at the Ant Technology Exploration Conference (ATEC) in Hangzhou yesterday. The new BaaS platform is being launched…

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Point72 Exec Leaves the Firm to Launch Crypto Hedge Fund in October

Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21. Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a…

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Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin (BTC) and Ethereum (ETH) in the near future, Bloomberg reported September 21. Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees.…

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Consortium of Swiss Investors Launch Blockchain Incubator with $100 Million Goal

Switzerland-based consortium Crypto Valley Venture Capital (CV VC) has launched a blockchain incubator with a $100 million goal, swissinfo.ch reported September 20. CV VC has reportedly launched its initial incubator dubbed “Genesis Hub” in the canton of Zug, also known as Switzerland’s Crypto Valley. The Crypto Valley Association was founded as a government-backed consortium in…

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Binance Reveals Plan to Launch Crypto Exchanges on Almost Every Continent

One of the world’s largest crypto exchanges by trading volume wants to set up fiat-to-crypto trading platforms on almost every continent. Binance founder and CEO Zhao Changpeng closed out the first day of CoinDesk’s Consensus Singapore event with a fireside chat, where he discussed a range of topics, including how he grew Binance from a startup…

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Ripple To Launch xRapid ‘Within One Month’, Exec Tells CNBC

Remittance network Ripple plans to launch its xRapid payment network “within the next month,” head of regulatory relations for Asia-Pacific and the Middle East Sagar Sarbhai has told mainstream media. Sarbhai: I’m ‘Confident’ About xRapid Launch Speaking to CNBC in an interview published September 17, Sarbhai said he was “confident” the company would deliver on…

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Tezos Token Makes Gains in Approach to Official Launch

The price of XTZ, the native token of the Tezos crypto project, rose 30 percent over the weekend in anticipation of the network’s official launch Monday. At press time, XTZ is trading at $1.55, having clocked a 5.5-week high of $1.75 at 13:10 UTC on Saturday. At that point, XTZ was up 35 percent from…

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Tezos Price Up 30 Percent Ahead of Mainnet Launch

In what seems like a flat weekend market, Tezos has gained roughly around 30 percent following the news of its mainnet launch on Monday, September 17.  Mainnet Launch Announced, Prices React On Friday, September 14, Tezos (XTZ) 00 announced the official launch of their mainnet the coming Monday. At that point, the project’s token supply which is currently…

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