Banking
Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week
The millennial-focused SoFi will offer trading in bitcoin, ethereum and litecoin next Tuesday and source its liquidity from Coinbase.
Barclays Hackathon to Attack Data ‘Silos’ With Blockchain
Barclays is holding another hackathon to tackle the finance industry’s perennial problem of data silos. Again, blockchain will take center stage.
Token Tech firm Securitize Raises $14 Million from Santander, MUFG
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance.
Wells Fargo's Stablecoin 'Faster, Cheaper' Than SWIFT, Says Exec
Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
First Singapore Bank Joins JPMorgan's Blockchain Payments Initiative
JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.
Bank of America Joins Marco Polo Blockchain Trade Network
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.
Arab Bank's Swiss Arm Is Launching Cryptocurrency Services
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.
Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement
U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.
Deutsche Bank Joins JPMorgan's Crypto Payments Network
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.
Tagomi Rollout Paves Way for Institutional Crypto Shorting
Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies.
