Tag: Digital assets

Binance, the world's largest digital asset exchange, has secured a historic $2bn investment from Abu Dhabi-based AI and advanced technology investor MGX.

The recent shifts in the regulatory landscape, especially with the expansion of Section 6045 and 6045A, now encompass a broader spectrum of financial actors including digital asset trading platforms and payment processors.

Lantern Finance, a financial services and technology company, has secured over $1m in an oversubscribed pre-seed funding round.

Phantom, a leading digital asset wallet provider, has secured $150m in a Series C funding round at a $3bn valuation.

The landscape of financial crime risk assessment is poised for a transformative shift as we approach 2025 and beyond, driven by advancements in technology and changes in regulatory environments.

Komainu, a regulated digital asset custodian and service provider, has raised $75m in a strategic investment led by Blockstream Capital Partners.

Sygnum, a global digital asset banking group, has raised $58m in an oversubscribed strategic growth round.

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.