Tag: Digital assets

The RegTech sector has gained significant traction in the financial industry over the past few years, with global adoption accelerating. According to market projections, the RegTech market is expected to hit $25.19bn by 2028, driven by financial institutions’ need to navigate mounting regulatory pressures.

Paxos, a leading regulated blockchain and tokenisation infrastructure provider, has partnered with Standard Chartered, a global banking and financial services giant, to enhance the reserve management for stablecoins Global Dollar (USDG) and Lift Dollar (USDL).

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.

Arch Lending, based in New York, has announced a substantial $75m fundraise.

On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.

Keabank, a burgeoning neobank, has successfully garnered an investment at an initial valuation of €10.5m.

Mintify, a burgeoning platform in the FinTech sector, has successfully raised $3.4m in a recent funding round.

Clearpool, a trailblazer in decentralized finance (DeFi) credit protocols, has recently made significant strides by launching on Arbitrum.

Allium Inc, an enterprise in blockchain data delivery, today announced a successful early-stage funding round of $16.5m. According to Silicon ANGLE, this significant investment will...