Tag: investment

April 12, 2024

This change has been done to create a fairer market for smaller asset managers who can sometimes struggle with operational complexities. Additionally, the current rules also restrict UK asset managers’ ability to buy investment research produced outside the UK. As […]

March 26, 2024

The firm’s latest round, which follows an initial £37 million cash injection in January 2023, featured participation from returning investors AlixPartners, The Cynosure Group and MUFG as well as new backer Commonwealth Bank of Australia (CBA). As part of its […]

December 12, 2023

Backed by the European Space Agency, insurtech start-up BirdsEyeView has raised an undisclosed seven-figure sum as it looks to expand in UK and US markets and further develop its RAPTOR technology. The latest investment round was led by the European […]

July 31, 2023

As of the half-year mark, cryptos have witnessed inflows just under US$0.5 billion, according to a recent report by CoinShares. 93% of the outflows were from long-Bitcoin investment products, while short-Bitcoin saw its 14th consecutive week of outflows, totaling US$3.1 […]

July 20, 2023

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that […]

June 20, 2023

In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round. Based in Hoboken, New Jersey, EDX has been established as a trusted marketplace for digital assets, promoting safe and compliant trading […]

June 12, 2023

In the volatile realm of cryptocurrency, where uncertainty permeates every corner, the importance of risk minimization cannot be emphasized enough. Changpeng Zhao, the esteemed entrepreneur and founder of Binance, one of the largest cryptocurrency trading platforms, succinctly captures this sentiment […]

March 3, 2023

Intesa Sanpaolo, Italy’s largest banking group, has partnered with tech titan IBM to “future-proof” its IT infrastructure. Intesa says demand for digital services and “increasingly stringent security, compliance and sustainability regulations” have made it necessary for banks to review and […]

December 27, 2022

Market Strategists Expect Oil Prices to Jump Considerably in 2023, Some Warn That $100-a-Barrel Oil Should Be Expected Next Year, Others Say a Barrel of Crude Could Surpass $200 Reports show that Wall Street is bullish about oil in comparison […]

November 10, 2022

Cardano and Ethereum, two well-known cryptocurrencies, are creating protocols and networks to facilitate decentralized apps and services. Enterprises built to buy Ethereum or Cardano may operate independently of a centralized entity such as a bank or broker. One significant difference […]

November 3, 2022

As reported by CNBC, the new service is dubbed Fidelity Crypto and will be powered by Fidelity Digital Assets, a more developed offshoot the company launched to handle its investments in the nascent crypto ecosystem. Embracing Bitcoin and Ethereum through […]

November 1, 2022

Since Bitcoin (BTC) has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead. The market insight […]

October 14, 2022

The capital raised includes a $15 million Series A led by Index Ventures, with participation from seed investors First Round Capital, General Catalyst, SV Angel, Operator Partners, Box Group, among others. With the fresh funding, Mercantile plans to further its […]

September 15, 2022

Candis, an accounts payable (AP) processes automation solution, has raised $16 million in its latest funding round, led by Viola FinTech. Returning investors Lightspeed and Viola Ventures also took part. The round brings its total funding to $30 million (previously, […]

September 15, 2022

Artificial intelligence (AI) and blockchain are two of the technologies with a significant impact on digital transformation, and will play a central role in Europe’s technological sovereignty. All major economies are seeking leadership in the development and deployment of AI […]

August 24, 2022

Insurtech platform Accelerant has launched a new $175 million sidecar investment vehicle, called Flywheel Re. The new sidecar will provide multi-year risk capital to Accelerant and its cohort of underwriting-led specialist members. Goldman Sachs & Co. LLC served as exclusive […]