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Markets

First Singapore Bank Joins JPMorgan's Blockchain Payments Initiative

JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.

OCBC bank

Markets

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.

Bank of America

Markets

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.

canadastock/Shutterstock

Markets

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.

Wells Fargo

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Markets

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.

Deutsche Bank

Markets

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.

crypto, fiat

Markets

Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum

Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.

santander, bank

Markets

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.

Celsius CEO Alex Mashinsky

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Markets

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

Elliptic Founder James Smith

Markets

Norwegian Bank Invests in Crypto Exchange Founded by Airline Magnate

Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos.

Bjorn Kjos, Norwegian Air