Tag: fintech

Calastone, a London-based fintech firm, will shift its existing network onto a blockchain in May 2019. According to a Reuters’ article published on December 3, 2018, the move to blockchain technology will help the company reduce billions of dollars in costs every year for the fintech sector. Transforming Mutual Funds Trading Calastone currently provides back and middle-office services for over…

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On November 27, 2018, Spark Blockchain, Krypital Group, and GXChain will host a Fintech & Blockchain social networking party at NYC after the coming Consensus Invest 2018. This social event is co-hosted by Bgogo, Evo Capital and Genesis Group, and it’s exclusively organized by AstroHash. All related participants at the Consensus Invest Summit can continue discussing the hottest topics, sharing…

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Temasek Holdings Pte, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies, Bloomberg reported on November 22, 2018. Temasek Seeking Shifting Its Focus to AI and Blockchain Singapore‘s state investment firm became the latest major institution in line to jump onto the blockchain bandwagon, as the company is reportedly looking into…

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Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange Group (GSX Group)  that claims to be aiming to be a world-leading institutional-grade token sale platform and cryptoassets exchange, has announced it has successfully obtained the Gibraltar distributed ledger technology (DLT) provider license from the nation’s Financial Services Commission (GFSC), reported Finextra on November 22, 2018. An Excellent Achievement…

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Startup.Network team has held an amazing investment Road Show in four US cities: Boston, New York, San Francisco, Los Angeles! The professional network for the venture and crypto industries – Startup.Network arranged one of the most important business events of 2018 year – investment Startup Battles. Organizers together with the selected startups teams visited Boston, New York, San Francisco, Los…

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Perkins Coie, the Washington-based international law firm that represents highly reputed organizations across a vast range of industries, has hired Kari Larsen, a former enforcement lawyer at the U.S Commodity Futures Trading Commission (CFTC), to its Blockchain Technology & Digital Currency industry group and Investment Management practice, according to a press release  by the firm on November 6, 2018. Kari…

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Hong Kong Exchanges and Clearing (HKEX), China’s publicly-traded holding company that claims to be one of the most extensive market operations in the world, is developing a distributed ledger technology (DLT) powered platform aimed at helping international investors trade mainland Chinese shares via the Hong Kong Stock Connect platform, reported Channel NewsAsia on October 30, 2018. HKEX Joins the Blockchain…

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Changing sentiment towards the blend of finance and technology, commonly referred to as the Fintech sector, has now seen Warren Buffet investing $600 million into the industry, according to a Wall Street Journal article published October 30, 2018. Investment Details The money is split between two large companies in emerging markets. One is the payment processor StoneCo. LTD in Brazil…

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Ask any trader and they’ll tell you: diversifying your portfolio is one of the best ways to reduce risk. If you’re curious about branching out to other assets, definitely check out Reinhardt Coetzee — this South African Popular Investor is proof that low-risk, long-term investing can really pay off!  Since joining eToro in July 2016, Reinhardt has kept his risk…

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While the blockchain technology, albeit slowly and steadily, continues to reshape the traditional mechanisms in the financial industry, the deputy CEO of Australia’s leading stock exchange ASX Ltd. doesn’t view the technology as a game-changer, per a report by Bloomberg published on October 24, 2018. Not a Radically Different Approach Earlier this year, The Australian Stock Exchange (ASX) announced that…

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