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Formerly known as XinFin, the enterprise hybrid blockchain solution XDC Network broadens its presence on the Japanese market by striking a partnership with SBI VC Trade Co. Ltd, a cryptocurrency exchange subsidiary of Tokyo-based financial holding company SBI. On May 31, the XDC Network announced that it would be added to
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With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese
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Zodia Custody, which provides digital asset custody services to institutional clients, will use the funding to increase its token coverage and enhance its settlement product, Interchange, which protects clients' assets that are traded on exchanges, it said in an emailed statement. Source
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"First Mover" was monitoring developments in Turkey, a major center of crypto adoption, that is now coping with devastation following a massive earthquake. Also, a look at crypto markets, the latest in the FTX bankruptcy court proceedings, and the sale of real estate via NFTs. OANDA Senior Market Analyst of
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