R3 Will Close Blockchain's Biggest-Ever Investment in Q1, CEO Says
The founder and CEO of blockchain banking consortium R3CEV says the firm is on the verge of closing the industry's largest-ever funding round. Originally reported to be as high as a $200m, the downsized $150m round would still give the consortium of global banking members a significant war chest, if it closes at that level. In conversation with CoinDesk, CEO David Rutter elaborated on how his company has grown, and changed, as part what he described as an imminent cash infusion. Rutter said: "We will be closing the largest round in the industry, with the largest number of market....
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The Australian Securities Exchange (ASX), the biggest stock exchange in the country-continent is keeping a close eye on blockchain technology, a recent report revealed. The CEO of Australia’s biggest stock exchange, the ASX, has revealed that the exchange is considering blockchain technology as the group is due to upgrade its current system for clearing and settlement of trades. In an interview with the Financial Times, ASX CEO Elmer Funke Kupper said: We’re having a very close look at this. The timing is almost perfect. Where blockchain can make an enormous difference, we’re having a look....
In a landmark deal, Binance and Abu Dhabi-based investment firm MGX announced yesterday that MGX has injected a whopping $2 billion into the world’s leading crypto exchange. This isn’t just any investment — it’s a triple milestone. It marks the largest investment in a crypto company, the biggest deal ever paid entirely in crypto and […]
In a landmark deal, Binance and Abu Dhabi-based investment firm MGX announced yesterday that MGX has injected a whopping $2 billion into the world’s leading crypto exchange. This isn’t just any investment — it’s a triple milestone. It marks the largest investment in a crypto company, the biggest deal ever paid entirely in crypto and […]
Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session.
Biggest Gainers
Fantom was one of Wednesday’s biggest bulls, and was up close to 10% earlier in today’s session, cementing its place as the world’s 30th largest cryptocurrency.
Today’s rally in FTM/USD came as prices rose from the long-term support of $1.51, and look set to move towards resistance of....
Investment in financial-technology companies grew by 201% globally in 2014, according to a new report from Accenture. The consultancy firm named blockchain technology to be one of the keys that legacy banks need to “reimagine” themselves in order to keep up with innovation. Investment in financial-technology (fintech) companies grew by 201% globally in 2014, compared to 63% growth in overall venture-capital investments, according to a new report from the consultancy firm Accenture titled The Future of Fintech and Banking: Digitally Disrupted or Reimagined. Global investment in fintech....