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SBI Crypto Subsidiary Partners With Northern Data on Mining Project

A subsidiary of Japanese financial services giant SBI Holdings is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc.The partnership was revealed in a Feb. 13 announcement, detailing that Whinstone — a subsidiary of the Frankfurt-based Northern Bitcoin AG — will host

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Bitmain’s Miner Manufacturing Subsidiary Had $680k in Assets Frozen in a Contract Dispute

Yongjiang, which supplies electronic device components, asked the court on Sept. 25 to freeze 4.7 million yuan (around $676,000), in assets owned by the mining subsidiary to ensure it would be able to claim such an amount should the court rule in its favor in an ongoing trade contract dispute. Source

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German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets

Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets.Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application programming interface (API)-accessible platform, which gives access to the full range of solarisBank’s digital white-label

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Alibaba Subsidiary Ant Financial Tests Its Enterprise Blockchain

The financial technology subsidiary of Chinese e-commerce giant Alibaba, Ant Financial, started testing its enterprise blockchain platform.According to local news outlet Sina Finance on Nov. 20, the senior director of technology and business innovation at Ant Financial, Jieli Li, announced the development at the World Blockchain Summit at Wuzhen.

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China Merchants Bank Subsidiary Uses Blockchain for DeFi Applications

Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services.CMBI and Huobi partner with NervosIn an Oct. 3 press release shared with Cointelegraph, CMBI, a wholly-owned subsidiary of China Merchants Bank, announced that it is partnering with Chinese blockchain startup Nervos to

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Former Iced Tea-Turned-Blockchain Company Sells Beverage Subsidiary

Long Blockchain Corp., previously named Long Island Iced Tea, has reached a definitive agreement to sell its beverage subsidiary, Long Island Brand Beverages.Lemonade company adds blockchain to its nameIn a Sept. 20 press release, Long Blockchain announced the sale of its beverage subsidiary to Canadian firm ECC2 Ventures. Andy Shape,

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Seed CX’s Subsidiary Zero Hash Will Support Crypto Derivatives Transactions

In recent news, Seed SX’s subsidiary Zero Hash announced that it will support derivatives transactions, thus opening the gates for institutions to clear derivatives on its platform.Seed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives

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Seed CX Subsidiary Zero Hash Launches Support for Crypto Derivatives

Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives.According to a press release published on Sept. 11, Zero Hash now allows the settlement of bilateral derivatives transactions and supports settlement functions for forwards.The newly released service provides collateral management

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