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River Financial’s zero-fee trading becomes effective one week after a customer sets up the first recurring BTC order, and there’s no order size limit. The underlying trading strategy is dollar cost averaging (DCA), where an investor purchases assets on a set schedule rather than in reaction to market movements. Original Source
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“Whether it’s lending, transfers, payments and more, Cross River will offer its partners a regulatory compliant and approved framework to increase their crypto offerings and expand their reach – the same way Cross River was able to support the growth of now category leaders within personal lending and BNPL, among
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The move continues a pattern by the U.S. securities regulator of denying or not taking action on all spot bitcoin ETF applications. Original Source
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Coinbase Prime clients prefer to own digital assets in their own segregated account, but also want the same quality of investment management services that they are accustomed to in traditional investments, according to Brett Tejpaul, head of Coinbase Institutional. Source
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The product comes at a time when bitcoin mining has become a lucrative business with high profit margins thanks to a rally in the price of the world’s biggest cryptocurrency by market value. However, the challenges of setting up machines and the lack of access to cheap electricity have made
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One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year.One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series A financing round from investors, including Goldman Sachs
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Crypto fund manager One River Digital Asset Management raised $41 million in a Series A funding round that included Coinbase and Goldman Sachs, according to a Bloomberg report.The round valued River Digital at $186 million. Liberty Mutual Group Inc., Infinity Investment Partners and a European family office also participated.One River
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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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San Francisco-based Bitcoin financial services company River Financial announced it had raised $5.7 million in a new seed funding round.In an update posted to the company website on June 17, River Financial stated it had received a $5.7 million investment in a seed round led by Polychain Capital. Slow Ventures,
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