Digital Assets: Binance Explains How They Aim to Maintain Transparency on Wallets

Protecting and insuring against cyber risks are priorities for all companies and organizations. French cybersecurity firm EGERIE has raised 30 million euro, from investors with expertise in insurance and cybersecurity (Tikehau Capital, Open CNP, Banque des Territoires and TIIN Capital) in order “to help executives analyse and quantify the financial risks of cyber-attacks.”

Salv, the regtech startup founded by former Wise and Skype employees, closes a €4m seed round extension “led by ffVC, with German G+D Ventures and existing investors also participating.”. The funds will allow Salv “to further develop its modular regtech technology and support geographical expansion to new territories,...

Bitpanda, the European digital asset platform, is pleased to announce the launch of Bitpanda Technology Solutions, the “scalable” Investing-as a-service infrastructure available in Europe and globally. Already serving 20+ million customers with its initial White Label API, Bitpanda Technologies Solution is now “adding features, asset classes, and several...

Asset Reality, the end-to-end solution for digital asset recovery, has raised $4.91 million in a seed round led by Framework Ventures, a venture capital firm “known for its early entry into decentralized finance (DeFi).”. The investment round also “saw participation from TechStars; The Fund (who previously backed blockchain analytic...

Alviere, the embedded finance platform provider, is pleased to announce that Grupo Coppel, Mexico’s largest non-food retailer, has chosen Alviere “to enable the launch of Coppel Access, a mobile wallet that will provide millions of unbanked and underbanked consumers in the U.S. with easy access to digital financial services, with its industry leading embedded finance platform.”

US securities regulators are looking into the operations of investment advisers over crypto-asset custody. The US Securities and Exchange Commission (SEC) is examining the activities of registered investment advisers over whether they’re following applicable guidelines around custody of customer digital assets. This, according to sources familiar with the matter (and cited by Reuters).

Stripe Inc., which is one of Silicon Valley’s most valuable Fintechs, is reportedly getting closer to what might be one of the largest public-market entries in recent times. Stripe co-founders Patrick and John Collison told company workers that the firm’s executives set a goal of taking the Fintech firm public or allowing workers to sell shares in a private-market transaction within the coming year, according to sources familiar with the matter (and cited by the WSJ).

OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, “to provide an industry-leading trust model for high assurance contracts and documents.”. ProvenDB will “extend the capabilities...

Amid an environment where asset management firms are increasingly collaborating with digital platforms to help launch product offerings and “de-risk” entry into new markets, FLX Networks, which modernizes, simplifies, and drives engagement between asset managers and financial advisors, has partnered with global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) as “a preferred data and analytics provider to asset management firms.”

Capitolis, the technology company reimagining capital markets, completed its nineteenth Standardized Approach for Counterparty Credit Risk (SA-CCR) optimization in January, “with this latest run incorporating a record number of entities, driving a record reduction of over $290 billion in effective notional.”. This marks another momentous occasion for Capitolis as...

On the same day the US Federal Reserve Board issued a new policy statement on banks engaging in crypto activity, several White House advisors posted a note on the “Administration’s Roadmap to Mitigate Cryptocurrencies’ Risks. The post pointed at the “tough year” for crypto, referencing the algorithmic...

Hawk AI, Germany’s provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing “to accelerate product development and global expansion.”. The investment round was “led by Sands Capital from Washington D.C., with participation from new and existing investors,...

Worldline [Euronext: WLN], a key player focused on payments services, announced the launch of its Buland Bharat digital payments suite, which is designed specially “keeping in mind the needs and wants of small and medium businesses (SMBs) in India.”. The Buland Bharat digital payments suite is “in line with...

N26, a European digital bank, announced the appointment of Arnd Schwierholz as its new Chief Financial Officer. The experienced manager will “lead the company’s financial department moving forward.”. Arnd Schwierholz reportedly “brings decades of experience in the technology industry and in financial management for publicly traded companies to...

Channel Capital Advisors LLP has closed a mezzanine funding facility with TP24, a European fintech lending platform. Channel is an FCA-regulated alternative investment fund manager (AIFM) “specializing in fintech, working capital and trade finance investments.”. Since 2014, the London-headquartered company has “deployed more than $9 billion of assets across...

Bluefin, which claims to be a leader in integrated payments and data and payment security, today announced it has teamed up with Visa for network tokenization. Through this collaboration, Bluefin will “integrate directly with Visa to provide network tokens across card brands.”. Bluefin will “provide the network tokenization option...

Zafin, which claims to be the world’s leading SaaS cloud-native product and pricing platform, announces the launch of a new Transformation & Modernization group, created “to provide end-to-end management for the company’s priority banking accounts.”. The new unit will “accelerate Zafin’s momentum in the market as financial...

Solvo Finance, an EU-based cryptocurrency startup, has announced that their forthcoming crypto investing app will integrate Fireblocks, an easy-to-use platform “to create new blockchain-based products and manage day-to-day digital asset operations.”. With the support of Fireblocks’ battle-tested technology, Solvo will be able “to provide world-class security for customers’ digital...

Astroport, which claims to be one of the most “popular” decentralized exchanges, launched its beta on the Injective testnet. Injective is described as a fast blockchain built for finance. As the “first” smart contracts platform optimized for building decentralized finance applications, dApps such as Astroport and Helix, can leverage Injective’s interoperable blockchain “alongside its out-of-the-box Web3 modules to power a new ecosystem of interconnected DeFi applications.”

Copper.co, the provider of institutional digital asset custody and trading solutions, announces the appointment of Lord (Philip) Hammond of Runnymede, the former Chancellor of the Exchequer, as Chair. He takes up this role with “immediate effect.”. Lord Hammond has “served as a Senior Adviser to Copper since October 2021.”...