Blockchain

Swiss financial institution SEBA Bank will be issuing its Series B equity to its shareholders as blockchain security tokens.

Dominode has secured $1.3m in funding to develop a suite of solutions to protect, secure and authenticate digital identity.

Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.

Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.

UK-based digital banking service Revolut has partnered with blockchain firm Elliptic to support crypto withdrawals and guard against risk.

Cryptocurrency platform SwissBorg has partnered with payments company OpenPayd to help the former embed a full suite of financial services into its user experience.

Phantom, which claims to be the fastest growing crypto wallet, has bagged $109m in its Series B funding round, which was led by Paradigm.

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

The Swiss crypto service Aximetria has launched a service solution to check bank cards for crypto tolerance, enabling users to see how likely their banks are to block a cryptocurrency transaction.

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