#PropTech #DLT / Figure Lending lands $100M funding facility

SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase… The warehouse facility will allow the company, a subsidiary of Figure Technologies, to originate conventional loans as well as jumbo loans… “This facility with J.P. Morgan will help us continue to innovate in the lendingContinue reading “#PropTech #DLT / Figure Lending lands $100M funding facility”

#CryptoCurrency / CoinSwitch Kuber’s $15m Series A marks Ribbit Capital’s first Indian crypto deal

Ribbit Capital, the Palo Alto-based backer of Revolut, Robinhood and Affirm, has led its first Indian cryptocurrency deal. The start-up began as CoinSwitch in 2017, a global aggregator of crypto exchanges. It removed the need for businesses to create an account on an exchange… The Kuber platform launch was designed to simplify crypto investments forContinue reading “#CryptoCurrency / CoinSwitch Kuber’s $15m Series A marks Ribbit Capital’s first Indian crypto deal”

#CryptoCurrency / Retailers Flock To Crypto As Booking.com Becomes Latest Firm To Get Onboard

Travel industry giant Booking.com has partnered with Crypto.com highlighting the growing commitment major retailers are making to the digital economy. Bitcoin’s breathtaking rally beyond $35,000 kicks off 2021 on a high following above expectation institutional interest with banks and hedge funds now aggressively seeking to expand their bitcoin holdings. Kris Marszalek, CEO of Crypto.com said,Continue reading “#CryptoCurrency / Retailers Flock To Crypto As Booking.com Becomes Latest Firm To Get Onboard”

#CryptoCurrency / Six trends that will change the crypto world in 2021

Trend One: Crypto will see tax regulation The main topic for the near future is the tax regulation of cryptocurrencies… the introduction of mandatory user identification through know your customer (KYC) procedures, the development of protocols that allow tracking transactions, and the adoption of legislation on digital assets, clearly indicates that things are changing, andContinue reading “#CryptoCurrency / Six trends that will change the crypto world in 2021”

#CryptoCurrency / As bitcoin passes $20,000 for first time, Coinbase files for public listing

Cryptocurrency exchange Coinbase has filed a draft registration document with the Securities and Exchange Commission over a public listing. Coinbase’s submission comes as bitcoin hits a record high amid surging interest from institutional investors. Founded in 2012, Coinbase has more than 35 million users in more than 100 countries. The price of a single bitcoinContinue reading “#CryptoCurrency / As bitcoin passes $20,000 for first time, Coinbase files for public listing”

#BlockChain #DLT / JPMorgan to roll out commercial blockchain product for the repo market

JPMorgan has completed a live, blockchain-based intraday repo transaction using an in-house developed application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days. The offering will now be made available in production to external counterparties in the US – some of which have already simulated transactions on the newContinue reading “#BlockChain #DLT / JPMorgan to roll out commercial blockchain product for the repo market”

#BlockChain #DLT / Sygnum tokenises shares on blockchain

Swiss digital asset bank Sygnum has tokenised its own shares, laying the foundation for a future public offering, which includes a potential dual listing across Switzerland and Singapore in partnership with SIX Digital Exchange (SDX). Sygnum used its own inhouse tokenisation platform, Desygnate, to issue digital representations of shares and associated legal rights and obligationsContinue reading “#BlockChain #DLT / Sygnum tokenises shares on blockchain”

#CryptoCurrency / S&P Dow Jones Indices to Launch Crypto Indexes in 2021

S&P Dow Jones Indices… will launch a customizable cryptocurrency indexing service in partnership with crypto data provider Lukka in 2021. The coming product is poised to become a hub for cryptocurrency pricing data at a time when more Wall Street investors than ever are searching. This year’s bull run is said to be driven byContinue reading “#CryptoCurrency / S&P Dow Jones Indices to Launch Crypto Indexes in 2021”

#CryptoCurrency / Ziglu raises £6 million on Seedrs

Ziglu, the crypto payments app from former Starling Bank co-founder and CTO Mark Hipperson, has raised £6 million from 1250 investors on crowdfunding Website Seedrs. … the Ziglu app lets users hold both fiat and up to four cryptocurrencies – bitcoin, Ether, Litecoin & Bitcoin Cash – in an e-wallet, connecting with crypto exchanges forContinue reading “#CryptoCurrency / Ziglu raises £6 million on Seedrs”

#CryptoCurrency / BlockFi opens waiting list for bitcoin rewards credit card

Cryptocurrency startup BlockFi is to release a credit card that rewards users for shopping by paying a bitcoin cashback bonus. Card users will receive a 1.5% cashback for every transaction made through the card, which will then be converted to bitcoin and placed into a BlockFi account in a regular monthly cycle. For status-seeking crypto-geeks,Continue reading “#CryptoCurrency / BlockFi opens waiting list for bitcoin rewards credit card”