Aussie crypto micro investment app Bamboo raises $3M, eyes US market
Blake Cassidy sees a brain drain from Australia since the ASX is not keen on listing crypto companies. Blake Cassidy, CEO of Australian micro-investment app Bamboo, has claimed that the Australian Securities Exchange’s (ASX) bias against listing crypto companies is causing an Aussie brain drain leading firms to seek out a US listing.Cassidy’s comments come in the same week the company announced a $3 million ($4M AUD) Series A investment round including participation from Australia’s largest cryptocurrency hedge fund, Orthogonal Trading, Mountain Ash Investment Management, and VP....
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CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,” said a CME executive.
CME Now Offers Micro Bitcoin, Ether Options
CME Group announced Monday that it is now offering options on micro bitcoin and micro ether futures. CME’s Micro Bitcoin futures (MBT) is 1/10 the size of one bitcoin (BTC) and Micro Ether futures (MET) is similarly sized at....
Micro Ether futures join crypto derivatives products including micro Bitcoin futures, Bitcoin futures, options on Bitcoin futures and Ether futures at the exchange. Major derivatives marketplace Chicago Mercantile Exchange Group has expanded its crypto offerings to include a micro Ether futures product.In a Monday announcement, the CME Group said it had launched a micro Ether (ETH) futures contract sized at 0.1 ETH, giving institutional and individual traders another product for Ether exposure. The cash-settled micro ETH derivatives offering is trading under the Globex code METZ1 and joins....
It seems that every other week there is news of a crowd-sale for the latest startup, cryptocurrency or project. In a crowded marketplace, businesses are developing innovative features to differentiate their offers from the rest, and attract the investment vital to their success. Some of the rapid innovation in this space is even encouraging regular users to become stakeholders, while showing the potential investor that the product is less likely to drop in value immediately following the ICO (Initial Crowdfunding/Crypto/Coin Offering). One option is to provide an inherent value to the....
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.
A new poll has found that more Australians invest in cryptocurrencies than in gold and silver .... but only by a tiny margin. A survey of more than 2000 Australian investors has found that cryptocurrency is a more popular investment than gold and silver — but it still has a long way to go to catch up to shares. The poll, conducted on behalf of BTC Markets over the month of February, found that 12.6% of Aussie investors hold Bitcoin or other cryptocurrencies, compared to 12.1% who hold precious metals.However, the stock market is by far the preferred in option for investors, with 63.6%....