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New Product Specialist Joins Fidelity to Focus on Crypto Strategy

Fidelity Investments has hired Michael Zinaman as its product specialist to further develop a range of products in the company.Fidelity’s strategy on cryptocurrenciesOn Nov. 12, the Block reported that Michael Zinaman had joined financial services company Fidelity Investments. Zinaman will reportedly oversee the company’s strategy on cryptocurrencies, custody and

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New Blockchain Product for Loyalty to Accumulate USD 4.59 Billion

Leading merchants in many sectors are constantly introducing new loyalty programs for customers or enhancing current programs.  According to the new market research report “Loyalty Management Market by Type of Solution”, the global loyalty program market is expected to reach 4.59 billion USD by 2021. However, in the battle for

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Startup Aims to List Bitcoin Product on Frankfurt, Luxembourg Exchanges

A German startup is attempting to list a Bitcoin (BTC) derivative product on the Frankfurt and Luxembourg stock exchanges.According to German business news daily Handelsblatt on Oct. 29, the startup Iconic has filed a prospectus for regulated trading of a Bitcoin exchange-traded note (ETN), which could become available as

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Samsung SDS Partners With Tech Mahindra for a New DLT Product

Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according

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IBM Launches New Blockchain Supply Chain Product Using Red Hat Tech

Global tech giant IBM has launched a new integrated supply chain product based on IBM’s technologies including Watson AI and IBM Blockchain.Hybrid-cloud integrationCalled Sterling Supply Chain Suite, the new IBM’s product enables hybrid-cloud support of data integration between manufacturers, retailers and other network participants, purportedly providing greater reliability, transparency

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B2C2 Unveils Bitcoin-Settled Gold Derivatives Product 

B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider to financial institutions, has announced the launch of its gold derivatives product which it says is priced and settled in bitcoin. The firm claims the first-of-its-kind product will enable institutional investors to synthetically trade gold on its Financial Conduct Authority (FCA) approved

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Libra Association’s Head of Product Spent Just Five Months in the Role

Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile accessed on Oct. 9.The Switzerland-registered Libra Association is a not-for-profit membership organization established to govern the network for Facebook’s planned stablecoin Libra.A BitTorrent veteran and

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Swiss Exchange SIX Lists Joint Bitcoin and Ether Exchange-Traded Product

Swiss crypto broker Bitcoin Suisse has partnered with fintech firm Amun to launch a new crypto exchange-traded product (ETP) on the country’s stock exchange SIX.“ABBA” Bitcoin and Ether ETP goes liveAs industry media outlet The Block reported on Oct. 3, the joint Bitcoin (BTC) and Ether (ETH) product, trading

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Ex-Google Product Manager Joins Multicoin Capital as Investment Principal

Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals.In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony Sheng would help secure new deals for the firm while also working with existing portfolio

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New Balance to Use Cardano Blockchain to Confirm Product Authenticity

Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products.The announcementAccording to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to

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