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Posts Tagged ‘Platform’

Binance Invests Undisclosed Sum in Crypto Derivatives Platform FTX

Crypto exchange colossus Binance has invested an undisclosed amount of money in derivatives platform FTX as part of a strategic partnership between the two firms. As part of the deal announced Thursday, Binance has purchased equity in the derivatives firm and purchased long positions in the FTX Token, FTT, the platform’s native coin.  “The investment…

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Circle Pivots to Stablecoin Platform as More Execs, Teams Depart

Payments startup Circle is pivoting its business to solely offering stablecoin services with the sale of its over-the-counter (OTC) trading desk. As part of the move, the firm confirmed the departure of additional executives, just weeks after co-CEO Sean Neville announced he would be stepping down. In a lengthy blog post Tuesday, Neville and CEO…

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Ripple’s Revamped Xpring Platform Looks to Boost XRP Development

With the wallet, which is currently available on XRP Testnet, developers can generate and manage account credentials, view balances, send and receive cryptocurrency and monitor transaction history. Developers can also expect to see future new Xpring platform functions launched on the wallet in the future, Beard said.  Source link

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Former UBS Banker Launches Digital Securities Platform Tokenyz

Over the last six months, the team developed the infrastructure needed to tokenize existing assets on the ethereum blockchain and a user experience for both accredited individual investors and institutional investors. Now, the team is building out standards for digital securities, specifically the ERC-1400 token. Source link

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Crypto.com Grows Offerings With New Exchange and Fundraising Platform

Crypto.com announced the launch of a new exchange Thursday, in an expansion of the Hong Kong-based firm’s list of crypto services. The exchange opens up to beta testers Nov. 18 and to the wider public in December, according to a press release. The three-year-old company has also unveiled a fundraising platform for crypto startups. Previously known…

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DBS Bank Partners With Singapore Government to Launch Blockchain Trade Platform

Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade. Alongside the Singapore government and the International Chamber of Commerce, these firms are looking to reduce the number of paper-based processes involved in global trade. Distributed ledger technology firm Perlin is providing the blockchain background to build…

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Bithumb Seeking Indian Partner for its Blockchain Platform

Prominent Korean crypto exchange, Bithumb, has plans to create a new blockchain platform, and it is currently searching for Indian partners to collaborate with. Bithumb is coming to India. According to the major cryptocurrency trading platform’s recent announcement, Bithumb plans to develop a new blockchain platform specially designed for India and its growing number of…

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Jack Dorsey Invests in Crypto ICO Platform CoinList

Twitter CEO Jack Dorsey is expanding his cryptocurrency involvement by backing crypto initial coin offering (ICO) exchange platform, CoinList. Dorsey, who also heads San-Francisco payment service Square, is a noted bitcoin bull who maintains that the top-ranked crypto will eventually become the de facto currency of the internet. Twitter Chief Backs AngelList Spin-Off According to…

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Upbit Operator Dunamu to Build OTC Stock Platform

The operator of the Upbit exchange extends into another area of trading. Dunamu, the firm behind one of the leading South Korean exchanges, will launch an OTC platform for unlisted stocks. Dunamu Aggregates Data, Trading for Unlisted OTC Stocks Dunamu will open a platform to host all types of unlisted stocks, reported The Korea Herald…

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