investment


Finance

Institutional Crypto Exchange LMAX Digital Hit Record $6.6B Volume on Bitcoin’s ‘Black Wednesday’

LMAX Digital says many institutional clients saw last week's crypto crash as "an opportunity to buy."

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Finance

VC Firm White Star Capital Raises $50M for Crypto and Blockchain Fund

The fund has already invested in six firms, including the Safello crypto exchange.

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Policy

Australian Minister Says Government Has 'No Issue' With Crypto Investment

Senator Jane Hume also said cryptocurrencies are "an asset class that will grow in importance."

Australian Senator and Assistant Minister for Financial Services and Financial Technology Jane Hume

Finance

Wells Fargo to Offer Crypto Investment to Some Clients

The investments will likely be available to qualified investors next month.

Wells Fargo

Markets

Crypto Assets Aren’t a ‘Real Investment,’ ECB Vice President Says

Crypto’s weak fundamentals mean investors should be prepared for more price swings, Luis de Guindos said.

European Central Bank HQ

Markets

Crypto Funds Hit by Redemptions as Investors Retreat From Bitcoin

Investors have been diversifying out of bitcoin and into altcoin investment products, according to CoinShares.

Record redemptions last week in bitcoin funds helped push overall investment flows into into the red for the first time in 2021.

Markets

Mogo to Almost Double Stake in Coinsquare Crypto Exchange for up to $48.6M

Nasdaq-listed Mogo plans to lift its ownership position in the Canadian exchange to about 37%.

Vancouver

Finance

Thiel, Novogratz Back $10B Funding for Block.one’s New Crypto Exchange Subsidiary

The new arm, Bullish Global, will be focused on the launch of a cryptocurrency exchange later this year.

Brenden Blumer, co-founder of Block.one

Finance

Brooker Group to Invest Almost $50M in DeFi, Dapp Startups

The publicly listed company said it already holds bitcoin.

Bangkok, Thailand (Pixabay)

Finance

Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global

The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.

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