Institutional Investment & Trading

Ethereum-based DeFi aggregator Zerion raised $8.2m in a Series A funding round led by Mosaic Ventures which also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

Crown Agents Bank has launched Empower Pensions, a new end-to-end pensions management platform.

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

Mercado Bitcoin, the largest bitcoin exchange in Brazil, raised $200m in a Series B round from the SoftBank Latin America Fund.

Drake has signed on as an investor and collaborator with Los Angeles-based sustainability and financial services startup Aspiration.

Binance, one of the world’s leading cryptocurrency exchanges, has been banned from operating in the UK. This might be a sign that regulatory bodies will now put cryptocurrency exchanges under their microscope.

Savings and investments platform Chip launched ChipX, a new membership plan that aims to boost access to more investment funds from BlackRock for its users.

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Mobile app to save and earn high yield with DeFi Donut closed a $2m funding round, bringing Donut’s total funding to date to $3.8m.

Securitize has closed its oversubscribed Series B on $48m, as it looks to release its marketplace for digital asset security trading.