The U.S. subsidiary of Binance, the world’s biggest crypto exchange, announced on Wednesday that it raised more than $200 million from the venture wing of Circle and other investors, including VanEck and RRE Ventures. The company is calling the investment a «seed round»—a term usually associated with small startups—and said the new money values Binance.US […]
Wintermute, a cryptocurrency market maker, is launching an over-the-counter (OTC) trading platform targeting institutional investors. The new platform, Wintermute Node, will be a one-stop shop providing price discovery, trading and exposure monitoring of digital assets. The single-dealer platform, which will charge zero fees, allows clients to directly access Wintermute’s liquidity over API and web interface. […]
Crypto brokerage Blockchain.com on Wednesday launched an asset management service aimed at institutional and high-net worth investors. The crypto asset management platform is named Blockchain.com Asset Management (BCAM), and was created in partnership with Altis Partners, who will manage BCAM’s investments. “BCAM combines the very best of old world financial markets with the new world […]
Payments infrastructure service Worldpay announced on Wednesday that it will offer merchants the ability to receive settlement directly in the stablecoin USDC. In partnership with Circle, the move will let both crypto-native and traditional businesses build stablecoin settlement into their offerings, Worldpay’s parent company FIS said in a release. Crypto.com will act as a pilot […]
Bitcoin payments service BitPay has announced immediate support for the Lightning Network through its payment processing platform, allowing merchants that leverage this platform to receive payments from Lightning wallets and enabling more cost-effective, cheaper bitcoin transactions through the Layer 2 protocol. “BitPay merchants can now receive payments from Lighting-enabled wallets like Cash App and Strike,” […]