Home > Invests

Fidelity International Invests $14M in Hong Kong Crypto Exchange Operator

Fidelity International, a spin-off from the U.S. financial services giant Fidelity Investments, has invested $14 million in the Hong Kong-based operator of crypto exchange OSL.According to public disclosures on Feb. 21, Fidelity International bought 17 million shares of OSL owner BC Group at a price of HK$6.50 (US$0.83) per share,

Read More

Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

Nasdaq-listed Riot Blockchain plans to sell its cryptocurrency exchange RiotX while doubling down on its bitcoin mining businesses. In an announcement on Thursday, the company said it is considering opportunities to divest itself of the limited assets associated with the exchange, launched in early 2018, due to the regulatory environment, security

Read More

Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.Announced Thursday, the fresh $5 million from Wells Fargo Strategic Capital (WFSC) brings Elliptic’s Series B up to a total of $28 million. The investment is partly geared toward a recently launched product that helps crypto exchanges win banking relationships, Elliptic

Read More

Japanese Financial Services Firm Invests in Crypto Exchange Huobi Japan

Japanese financial services firm Tokai Tokyo Financial Holdings will invest about 500 million yen (nearly $4.6 million) in the Japanese branch of cryptocurrency exchange Huobi.According to a press release on Dec. 26, the investment is part of a broader collaboration with Huobi Japan, wherein Tokai will acquire shares in

Read More