Launch

Japan’s largest investment bank Nomura to launch crypto arm, FT reports

Japan’s largest investment bank Nomura to launch crypto arm, FT reports

Quick Take Nomura plans to have around 100 people working for the new unit by the end of 2023. Last week the bank announced its first bitcoin futures and options trades.  advertisement Japanese investment bank Nomura will launch a new company focused on cryptocurrency, decentralized finance (DeFi) and non-fungible tokens (NFTs) for institutional clients, according …

Japan’s largest investment bank Nomura to launch crypto arm, FT reports Read More »

Former Citi Digital Asset Execs Launch Crypto-Focused Fund

Former Citi Digital Asset Execs Launch Crypto-Focused Fund

For an income-focused strategy, Motus sees a “mismatch” between funding digital assets versus traditional finance. “Global banks have so much cash they pay zero or less for deposits. Meanwhile, the stablecoin market cap has quintupled since 2021, and investors still command high-single to double-digit returns for dollars or dollar-pegged assets.” Thus, an opportunity presents itself, …

Former Citi Digital Asset Execs Launch Crypto-Focused Fund Read More »

El Salvador's finance minister says the country is ready to issue a bitcoin bond, but the launch date remains unclear

El Salvador’s finance minister says the country is ready to issue a bitcoin bond, but the launch date remains unclear

advertisement El Salvador’s finance minister says the country is “ready” to issue its first so-called bitcoin bond, but still waiting for the right moment to do so. The Central American country previously estimated it could launch the $1 billion bond between March 15 – 20. Finance minister Alejandro Zelaya said today the government is ready …

El Salvador’s finance minister says the country is ready to issue a bitcoin bond, but the launch date remains unclear Read More »

SoFi Can Launch Bank Provided It Doesn't Touch Crypto

SoFi Can Launch Bank Provided It Doesn’t Touch Crypto

Student loan and financial service provider Social Finance Inc. (SoFi) has received conditional approval from the Office of the Comptroller of the Currency (OCC) to create a full service national bank, provided the new entity does “not engage in any crypto-asset activities or services,” the OCC announced on Tuesday. Source link

Ritholtz Wealth Management and WisdomTree launch new crypto index

Ritholtz Wealth Management and WisdomTree launch new crypto index

advertisement New York-based investment advisor Ritholtz Wealth Management and exchange-traded fund and asset manager WisdomTree investments are jointly launching a crypto index fund.  Dubbed the RWM WisdomTree Crypto Index, the new index consists of 36% Bitcoin, 20% Ethereum and 4% of 11 other crypto-related assets in a separately managed account, according to a company release. …

Ritholtz Wealth Management and WisdomTree launch new crypto index Read More »

Nigeria to Launch Its ENaira Digital Currency on Monday: Report

Nigeria to Launch Its ENaira Digital Currency on Monday: Report

The Central Bank of Nigeria (CBN) will launch its digital currency, the eNaira, on Monday, Bloomberg reported. The eNaira, which is intended to complement the physical Naira rather than replace it, will “make financial transactions easier and seamless for every strata of the society,” the CBN said in emailed statement on Saturday, according to the …

Nigeria to Launch Its ENaira Digital Currency on Monday: Report Read More »