Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge

Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge

The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum. Gibraltar-based tech group Valereum Blockchain announced the acquisition of Juno Group, a company that aids in the establishment and administration of trusts, money management and enterprise creation in Gibraltar.Juno is a company that Valereum describes as having three areas of licensed operation: the management of trusts and similar entities, the administration of cash for a range of activities, including both fiat and cryptocurrency transactions, and the....


Related News

Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm

The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this offer. Gibraltar Could Become a Crypto Haven Gibraltar might make history as the territory in which the first mixed bourse, with crypto assets and stocks available for investors, operates. The main bourse of the British....

Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward To...

Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led by Parafi Capital, Crypto Startup Reveals Loyalty Token The Web3 crypto startup Juno is a digital currency company that provides clients with the ability to create a checking account by leveraging crypto assets. On October 1, it was revealed that the....

JPMorgan Unveils 'Juno' Prototype at Hyperledger Blockchain Meeting

JPMorgan has unveiled what it calls a "distributed cryptoledger", presented during this week's meeting of the technical steering committee for the Linux Foundation-led open-source Hyperledger Project. The prototype, dubbed Juno, was presented by developer Will Marino on 3rd March. JPMorgan executive director David Voell said during the meeting that the proposal has been under development since September of last year, and that it is one of several concepts that he said the bank has been working on. Juno provides support for a smart contract language called 'Hopper' within a permissioned....

Gibraltar Stock Exchange to List Bitcoin Investment Product

A private stock exchange based in Gibraltar is adding an exchange traded instrument (ETI) invested in bitcoin. The BitcoinETI, the Gibraltar Stock Exchange announced today, is being issued by a firm called iStructure PCC PLC, based in Gibraltar. Local firms Argentarius ETI Management Limited and Revoltura Limited were also involved with the issuance. The exchange said it was the first of its kind approved in Europe. The ETI is reportedly being co-listed by marketplace organizer Deutsche Börse, according to the announcement, though that service has yet to independently confirm its....

JPMorgan Unveils Juno Prototype at Hyperledger Meeting

JPMorgan’s distributed ledger project "Juno" was unveiled at the latest meeting of the Linux Foundation’s Hyperledger Project steering committee on March 3. The Project is exploring developing an open source blockchain. At the meeting, JPMorgan Executive Director David Voell revealed that the bank has been working on Juno since September. The prototype was presented by Will Martino, one of the developers of the project. Martino said the team had considered methods besides proof of work and proof of stake, and began Juno from a fork of the Haskell implementation of....