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Asian internet giants ramping up blockchain and crypto efforts: Baidu, Kakao and LINE in focus

There seems to be a growing trend to set up blockchain-focused subsidiaries and divisions among Asian firms. In a recent survey by PwC, executives said that they believe China will overtake the United States in blockchain...

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Yahoo Finance enables cryptocurrency trading

Yahoo Finance, one of the leading providers of financial information, has added cryptocurrency trading capabilities to its platform. The company added over 100 cryptocurrency quote pages across all platforms last year....

Business
Peer-to-peer crypto exchange AirTM raises $7M in Series A led by BlueYard Capital

AirTM, a financial services startup, has raised $7 million in Series A funding round led by BlueYard Capital a VC firm that has also been the lead investor of some of the most successful blockchain projects including...

Business
Cryptocurrency exchange Huobi acquires Hong Kong-based Pantronics Holdings for $70M

Cryptocurrency exchange Huobi has become the largest shareholder of Pantronics Holdings, a Hong Kong-based publicly listed firm, CoinDesk reported. The companies have issued a joint statement on the acquisition. Huobi...

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Israeli blockchain startup Orbs establishes Seoul headquarters, partners with Kakao’s subsidiary Ground X

Israeli blockchain startup Orbs has announced its strategic expansion into South Korea and partnership with internet giant Kakaos blockchain subsidiary Ground X. Orbs has opened its Seoul headquarters, with five...

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Crypto industry’s who’s who pump $32M into new stablecoin project 'Terra'

A new project aimed to create a price-stable digital currency Terra has secured $32 million in a seed funding round which saw participation from well-known global funds and investment arms of leading cryptocurrency...

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Blockchain startup Ubitquity signs AIC Title Service as client

Blockchain platform for real estate and title recordkeeping Ubitquity on Tuesday announced that it has signed Oklahoma City-based AIC Title Service as a client. Founded in 1989, AIC Title Service is a leading provider...

Business
Deutsche Boerse buys minority stake in HQLAx to advance blockchain efforts

German stock exchange Deutsche Boerse is expanding its partnership with blockchain startup HQLAx. The companies first entered into a partnership in March of 2018 in order to build an innovative securities lending...

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Lloyd’s of London insures Kingdom Trust’s crypto custody platform

Lloyds of London, a leading UK-based insurance firm, is now extending its insurance cover on cryptocurrencies. Kingdom Trust, a qualified custodian for over 30 different assets, on Tuesday announced that it has secured...

Business
Morgan Creek Digital, Bitwise launch Digital Asset Index Fund for institutional investors

Digital asset management firm Morgan Creek Digital, in partnership with crypto investment startup Bitwise, has launched The Digital Asset Index Fund, designed for institutional investors. The fund will provide...

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