Victory Securities, a Hong Kong-based crypto broker, has announced plans to launch structured products for professional investors by the end of the year. In a blog post published on November 4, 2024, the broker revealed that it had obtained...
U.S.-based crypto exchange Kraken is broadening its range of crypto services for Australian customers. The expansion targets eligible wholesale clients, enabling them to gain exposure to cryptocurrency price fluctuations without directly holding the assets themselves. In a blog announcement...
MicroStrategy, the largest corporate holder of Bitcoin, has announced a plan to raise $42 billion in capital over the next three years to expand its Bitcoin reserves as part of its new "21/21 Plan." This plan, named for its...
UK-based finance brokerage GCEX has partnered with RULEMATCH, a Swiss cryptocurrency trading venue, to offer its institutional clients ultra-low latency spot cryptocurrency trading. Through this partnership, GCEX will function as a digital prime broker, offering hedge funds, brokers, and...
Hong Kong-based stablecoin issuer IDA has entered into a strategic partnership with Zand Bank, the UAE's first fully licensed digital bank, to enable efficient, cost-effective cross-border transactions across Belt and Road regions and BRICS Plus countries. According to a...
OKX has named UK’s banking giant Standard Chartered as the third-party custodian for its services aimed at global institutional clients. According to the crypto exchange's Global Chief Commercial Officer Lennix Lai, this collaboration will enhance OKX's institutional services by...
Gemini has received preliminary approval from Singapore's Monetary Authority (MAS) to offer cross-border money transfer and digital payment token (DPT) services in the country. According to the New York-based crypto exchange, this achievement underscores its commitment to adhering to...
Sequoia Capital and several other venture capital (VC) firms are reportedly set to generate hundreds of millions of dollars in returns from Stripe's recent acquisition of the stablecoin infrastructure platform Bridge. According to Bloomberg, Sequoia holds a 16% stake...
Bitget has appointed Min Lin, a former Goldman Sachs executive and Binance VP for Latin America, as its Chief Business Officer. In a press release shared with DeFi Planet, the crypto exchange stated that the addition will help accelerate...
Circle has signed a Memorandum of Understanding with HKT, Hong Kong's leading telecom provider, to explore blockchain-driven customer loyalty solutions aimed at enhancing consumer engagement for local merchants. In a statement issued today, October 29, 2024, Circle stated that...
