Fintech
eToro’s Crypto Trading Commissions Soar to $264M in Q2
Israeli-based exchange eToro said its commissions from crypto trading increased by nearly 23 times in the second quarter, compared with last year's same period. This comes as it readies going public via a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V., which values the combined company at $10.4 billion. CEO Yoni Assia shares insights into the trading platform's earnings, growth, and plans.
BIS and Hong Kong Monetary Authority to Experiment With Tokenized Green Bonds
The tokenized green bonds are the Bank for International Settlements Innovation Hub's first green finance project.
Fintech App Titan Adds Actively Managed Crypto Basket
Titan Crypto will feature a basket of cryptocurrencies including BTC, ETH, XLM and ADA.
Crypto-Friendly Investment Search Engine Vincent Raises $6M
June saw a downtick for crypto plays on the platform but the risk-tolerant are still seeking out the sector, said Vincent CEO Slava Rubin.
Robinhood Rival Futu Plans to Offer Crypto Trading in US, Singapore, Hong Kong
With its number of new users and revenue surging, the Chinese brokerage app said it has begun applying for crypto-related licenses.
Diddy, Haddish, Durant Revealed as Investors in Crypto-Powered Banking App Eco
The finance app’s $26 million March round scored investments from athletes, A-listers and entertainers.
Banking App Current Picks Polkadot for Its DeFi Debut
The banking app with 3 million users will serve as a Polkadot validator as it plans deeper crypto moves.
Revolut Taps Blockchain Tools From Crypto Compliance Firm Elliptic
The partnership means Revolut customers' crypto transactions will now be recorded on the blockchain.
Revolut's UK Users Can Finally Withdraw Their Bitcoin to Personal Wallets
The neobank has come in for criticism in the past for not allowing users to move their crypto off its platform.
Fintech App Wealthfront Will Offer Direct Crypto Investing Later This Year
The fintech robo-adviser will likely allow customers to invest as much as 20% of their portfolios in crypto, said Wealthfront Chief Strategy Officer Dan Carroll.
