Brokerage platform Alpaca inks $50m to help FinTechs with embedded equities, partners with Plaid
Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.
Thailand central bank unveils plans for digital currency pilot in 2022
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.
UK seen as an attractive market for cryptoasset exposure, Nickel survey finds
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.
Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio
Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
PayPal to allow UK users buy, hold and sell cryptocurrencies
PayPal’s UK customers can buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
Crypto firm MobileCoin notches $66m to develop privacy-focused digital payments
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.
YC-backed crypto startup Mudrex notches $2.5m in seed round led by Nexus Venture Partners
India- and San Francisco-based crypto asset management platform Mudrex raised $2.5m in seed funding.
CoinDCX hits unicorn status after $90m round from Facebook co-founder’s B Capital
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.
SEC fines Poloniex $10m for operating unregistered crypto exchange
The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.
FalconX bolsters unicorn status with $210m Series C
Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.
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