Home > Financing

Guangdong Blockchain Financing Platform Aims to Help Small Business

The Guangdong government launched a blockchain-based financing platform Thursday that will help small companies in the region receive loans faster from commercial banks. The government-led project is supported by Alibaba’s fintech arm Ant Financial and OneConnect, a subsidiary of one of the largest Chinese insurers, Ping An Insurance, according to a

Read More

Major Singapore Bank Completes First DLT Trade Financing Transaction

A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction.The transaction was processed using blockchain and Internet of Things (IoT) platform developed by local trade financing firm iTrust Trading, Yahoo Singapore reports Oct. 17.By applying iTrust’s blockchain-based

Read More

How Tokenization Is Transforming Film Financing, Wesley Snipes’ Fund

As the world of finance continues adapting to contemporary innovations, it almost cannot help but drag other industries along for the ride — willingly or otherwise. Film is one such sector currently undergoing a quiet revolt, concocting a radical subversion to traditional models of financing. This is partly due

Read More

Jibrel to Launch Regulated Blockchain-Powered Private Financing Platform

Swiss-based blockchain fintech company Jibrel Network, a blockchain-based fintech company has just launched Jibrel.com — a new regulated blockchain-powered private financing platform.advertisementIt was recently accepted into the Abu Dhabi Global Market (ADGM) RegLab cohort in the UAE and the words of Yazan Barghuthi, Jibrel’s co-founder and CEO: “We are excited to

Read More

Philippines’ Central Bank Will Continue to Closely Monitor Crypto, Citing Terror Financing

The governor of the Philippines’ central bank, Benjamin Diokno, has warned against the potential use of cryptocurrencies for terrorism financing and underscored that the Bangko Sentral ng Pilipinas (BSP) will continue to closely monitor their use in the country. The news was reported by local English language newspaper The

Read More

Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility

Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.Custodied on Figure’s blockchain platform Provenance.io, the new facility was closed along with major global investment banking firm Jefferies and multi-billion dollar financial

Read More

G20 to Establish Crypto AML and Counter-Terrorism Financing Regulations in June: Report

G20 member countries will meet to discuss international cryptocurrency Anti-Money Laundering (AML) regulation on June 8 and 9 in Fukuoka, Japan. The news was revealed in a report from local news outlet Kyodo on April 4.Per the report, and in accordance with official plans, G20 central bank governors and

Read More