Tumultuous market conditions caused crypto trading platform Amber Group to reduce its valuation as the company pursues a new funding round. Amber Group now seeks $100 million at the same $3 bill...
Tag: Institutional Investing
Institutions are getting serious about staking, Alluvial executive Mara Schmiedt says
Alluvial Chief Growth Officer Mara Schmiedt said she expects significant growth in the staking industry in the coming years. However, before that growth can be realized, she said issues must be addres...
Asset manager GoldenTree reveals $5.3 million stake in SushiSwap token
GoldenTree, an asset management firm with about $47 billion in assets under management, has taken a $5.3 million stake in the governance token for SushiSwap. GoldenTree outlined its purchase as well a...
Fidelity reveals Ethereum index fund with $5,000,000 in sales in new filing
A new Ethereum Index Fund launched by Fidelity Investments provides its clients exposure to ETH, according to a document the firm filed with the SEC on Sept. 26. The fund launched by the multi-trillio...
Talos targets expansion, hires for three key positions
Digital asset trading company Talos announced it will grow the ranks of its team with three strategic hires. As it expands globally, Talos will bring in Frank Van Zegveld as head of sales for Europe,...
Singapore banking giant DBS builds out crypto trading services for wealth clients
Singapore bank DBS said today that it has introduced a crypto trading product for its wealth clients who are accredited investors. This will allow them to trade crypto at their convenience, it said i...
ARK Invest’s new chief futurist sees ‘unprecedented’ asset value appreciation: Exclusive
Cathie Wood’s ARK Invest has seen its big bets on cryptocurrency and tech sour over the past year, but that’s not deterring the asset manager from doubling down on risky assets. The firm,...
Citi head of forex to leave bank for digital assets role: source
Staley, who is also a Citi veteran with more than 18 years under his belt, has headed up APAC markets and securities services for over four years. He previously worked for Texas-based energy services ...
Global investment bank Moelis launches dedicated blockchain advisory team
Investment bank Moelis and Company announced on Monday that it is launching a dedicated blockchain advisory division to serve companies in the blockchain space and corporations that utilize blockchain...
3AC liquidators petition Singapore court to recognize BVI proceedings: Straits Times
Three Arrows Capital’s (3AC) liquidators are in the process of asking the Singapore legal system to recognize its British Virgin Islands (BVI) liquidation proceedings, according to a report toda...