Binance Signs MoU to Acquire Brazilian Securities Brokerage Sim;paul Investimentos
The potential deal comes ahead of legislation that would require proper licensing for overseas crypto exchanges operating in Brazil. Source
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Brokerage
Gemini Introduces Prime Brokerage Following Second Acquisition in a Week
Crypto exchange Gemini is introducing a prime brokerage following the acquisition of trading technology platform Omniex less than a week after it bought digital-asset management company Bitria as it looks to attract more institutional investors.Terms for the Omniex acquisition announced Wednesday were not disclosed. Omniex provides order, execution and portfolio
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Paradigm Leads $110M Investment in Bahrain’s First Licensed Crypto Brokerage
Bahrain-based cryptocurrency exchange Rain Financial has raised $110 million in a Series B funding round co-led by Paradigm and Kleiner Perkins, according to a press release shared with CryptoX. The company will use the capital to pursue licensing in additional countries, enhance its technology platform and expand the team. Source
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Voyager Digital will be crypto brokerage partner for National Women’s Soccer League
Crypto trading platform Voyager Digital has inked a deal with the National Women's Soccer League, or NWSL, aiming to provide players crypto education and financial support.In a Tuesday announcement, Voyager said it would become the league’s first cryptocurrency brokerage partner as part of a multi-year deal. The trading platform said
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Voyager Digital will be crypto brokerage partner for Dallas Mavericks
Crypto trading platform Voyager Digital has inked a deal with the Dallas Mavericks basketball team aiming to make crypto more accessible through fan engagement and other educational programs.In an Oct. 27 announcement, Voyager Digital said it would become the Mavs first cryptocurrency brokerage and international partner in a five-year deal.
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Makor Capital Raises $17M in Series A Funding to Grow Brokerage Platform Enigma
Makor Capital, a brokerage and investment banking group, raised $17 million in Series A funding to grow Enigma Securities, its digital asset brokerage.The round valued London-based Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.Algorand CEO Steven Kokinos will join the
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DBS Bank’s Brokerage Arm Receives Licence From Singapore Regulator Under Payment Services Act
DBS Bank’s brokerage arm, DBS Vickers (DBSV), has been granted a license to operate as a Major Payment Institution from the Monetary Authority of Singapore (MAS).The broker says its license enables it to provide its services in the city-state through its DBS Digital Exchange (DDEx), according to a press release
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Bitcoin Brokerage River Financial Raises $17M: SEC Filings
High-end bitcoin brokerage River Financial raised $17.3 million in a recent equity sale, according to documents filed with the U.S. Securities and Exchange Commission (SEC) Thursday.Form D filings reveal two-year-old River aims to raise nearly $500,000 in additional funding for a total of nearly $17.8 million. The firm reported 34
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Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage- CoinDesk
Deutsche Bank has joined the growing ranks of large financial institutions exploring cryptocurrency custody, with aspirations to offer high-touch services to hedge funds that invest in the asset class.The Deutsche Bank Digital Asset Custody prototype aims to develop “a fully integrated custody platform for institutional clients and their digital assets
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