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Somerco Blockathon  •  
February 23-24, 2019

# asset management News

Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing. According to a Bloomberg report on November 29, 2018, the firm’s total realized and unrealized losses totaled to...
While the entire crypto verse awaits the decision of the United States Securities and Exchange Commission (SEC) concerning previous bitcoin ETF applications by other firms, San Francisco-based asset management company, Bitwise has filed for a cryptocurrency index exchange-traded fund. The fund is aimed at enabling the digital assets investment startup...
November 16, 2016 by at Altcoins, Finance, News
ICONOMI has delivered on one of the two promises it gave to shareholders for Q4, 2016; as of November 11, the ICONOMI.Performance fund is online. The performance fund, which is invite-only currently and aimed at investors seeking the high returns possible with an actively managed fund, became online when ICONOMI...
November 4, 2016 by at Business, News
London-based fintech startup Nimbrix announced November 1 that it is developing a platform for the asset management industry by leveraging blockchain technology, open APIs, Software-as-a-Service (SaaS) and Microsoft’s Azure cloud computing service in co-operation with Microsoft and KPMG. The platform aims to drastically reduce costs created by clunky legacy systems...
October 9, 2016 by at Business, News, Tech
Luxembourg is a country that is often overlooked by financial experts. But things are evolving at an accelerated pace behind the scenes. The new FundChain initiative will investigate the potential of distributed ledger technology for the Luxembourg fund industry. A total of 10 key players come together to form this...
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