Financial corporation Fidelity Investments began a full-scale launch of a custodial service for institutional bitcoin investors after almost a year of closed testing, CEO Abigail Johnson told the Financial Times. “It's not going away. As long as the value is there, people will look to preserve that value. ”@Fidelity CEO Abby Johnson, on #digitalassets with @financialtimes @RobinWigg https://t.co/qR4N7Hhn1Z – Fidelity […]
Fidelity Investments
FNC-supported Canadian company KNØX has launched a service for the secure storage of cryptocurrency assets, The Block reports. KNØX representatives emphasize that custodial service involves full insurance coverage of all client assets provided by the global company Marsh. Services are focused mainly on large players – asset managers, liquidity providers and exchanges. KNØX previously raised $ 6.2 million from Fidelity Investments Canada, […]
BlockFi startup operating in the cryptocurrency lending segment has removed the minimum deposit limit for Bitcoin, Ethereum and Gemini Dollar (GUSD). Now the service accrues annual interest on any amount. We are removing minimums and fees for the BlockFi Interest Account (BIA). This means you can now earn interest on your crypto regardless of how much crypto you […]
Research company Graychain found that in the cryptocurrency lending sector, loans totaling $ 4.7 billion were issued for 18 months. At the same time, the average interest rate remains quite low – at 1.83%. Thus, the annual income of lenders amounted to about $ 86 million. TheCryptoCreditReport-q2-2019 by ForkLog on Scribd During the study period, about 244 […]
BlockFi, one of the leaders in the cryptocurrency lending market, successfully closed the Series A financing round, in which it managed to raise $ 18.3 million. Fidelity Investments and Mike Novogratz, the cryptocurrency trading bank Galaxy Digital, increased their previous investments, while Valar Ventures and Winklevoss Capital invested for the first time. Note that in the portfolio of Valar Ventures, which led the round, […]
El precio de Bitcoin el sábado cayó un 8% y los escépticos inmediatamente parecieron decir: "el rally terminó". Sin embargo, muchos analistas son optimistas, escribe Cryptobtcmining.com . Hasta la fecha,…
The cryptocurrency division of the financial holding Fidelity Investments has applied for a license of trust to the Financial Services Authority of the State of New York (NYDFS), reports The Block, citing informed sources. Thus, the corresponding license will allow Fidelity Digital Assets to provide custodial services to residents of New York. At the moment, such permission has already been issued by Coinbase, Gemini and Paxos. Note that the cryptocurrency platform […]
Venture firm IDEO CoLab has launched a business accelerator for entrepreneurs and startups in the blockchain industry Startup Studio. The initiative has already been supported by the investment company Fidelity Investments, consulting giant Deloitte, Amazon and 20 other organizations. It was a start-up studio that […]
El jefe del Digital Currency Group (DCG), Barry Silbert, cree que el "invierno" en el mercado de la criptomoneda ha terminado. En una conversación con Bloomberg Technology el 11 de…
The institutional investor-oriented blockchain start-up Fireblocks received an investment of $ 16 million in a series A round of financing from Tenaya Capital, a venture capital firm, from Cyberstarts, and from Fidelity International's subsidiary Eight Roads. It is reported by CoinDesk. The startup is developing a cloud platform to protect cryptocurrency transfers during their movement from all sorts of risks – […]