Amid the global sell-off across all major asset classes last week bitcoin was the standout performer, rising 5.4 per cent versus gold falling 1.2 per cent, US 10yr treasuries 0.1 per cent and MSCI World 5.6 per cent respectively, according to the latest CoinShares Digital Assets Fund Flows weekly report.
Belgo-Estonian fintech, Osom Finance has unveiled its new quant trending technology for crypto, developed by tech and finance veterans from Credit Suisse and KBC, specially designed for financial institutions and traders looking for a simple way to gain exposure to a very diversified set of crypto assets.
Cryptocurrency and digital asset specialist Aaro Capital is tapping into the growing investment opportunities in digital ledger technology and blockchain-related technologies with a trio of new hires.
KingSwap, a regulated DeFi project introducing a liquidity pool platform with fiat conversions, has raised over USD20 million in funding and liquidity support. KingSwap will go live on Uniswap on Saturday, 31 October, 2020.
Radix (www.radixdlt.com), the first layer-one protocol for decentralised finance (DeFi) has raised USD12.7 million to support the growth, decentralisation, and development of its platform for building and deploying DeFi applications.
FTX, a global cryptocurrency derivatives exchange, together with Digital Assets AG (DAAG) and CM Equity, is launching a first-of-its-kind fractional stocks offering.
Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, has surpassed USD100 million in assets under management (AUM).
Fireblocks' institutional customers, which include exchanges, lending desks, banks, OTC desks, liquidity providers and hedge funds, have now transferred more than USD150 billion in digital assets using the platform.
Huobi Futures has announced its latest offering that looks to take advantage of the ever-growing and popularising stablecoin market, USDT-Margined Swaps.
Bitfinex Derivatives,a derivatives platform accessible through digital token trading platform Bitfinex, has launched a perpetual contract for Silver.