Blockchain

The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.

Blockstream, a developer of blockchain and bitcoin technology solutions, has reached a $3.2bn valuation following the close of its Series B.

A survey by Nickel Digital Asset Management has found the UK has become one of the most appealing markets for hedge fund managers that focus on crypto and digital assets.

Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.

Venture Capital firm FinTech Collective has closed a pair of funds, which have a combined value of $250m and will invest into FinTechs around the world.

PayPal’s UK customers can buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

Crypto-focused digital payment ecosystem MobileCoin has closed a $66m funding round as part of a wider effort to bring more of its products and services to the market.

US blockchain security firm CertiK has raked in $24m from a Series B+ funding round led by Tiger Global and GL Ventures.

India- and San Francisco-based crypto asset management platform Mudrex raised $2.5m in seed funding.

CoinDCX, an Indian cryptocurrency exchange, has become the country’s first crypto unicorn with a $90m Series C fundraise led by Facebook co-founder Eduardo Saverin’s B Capital.