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MIT Group Funding Shows Growing Crypto Trading Interest

Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as an exciting new opportunity," FPG CEO John Peurifoy explained in a May 28 statement. The funding

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Bitcoin Trading Exploding in India Since Supreme Court’s RBI Ban Reversal

Bitcoin (BTC) trading in India is experiencing a resurgence since the Supreme Court’s decision to nullify the central bank’s 2018 crypto ban. However, insiders say the lack of regulatory clarity is still posing hurdles for virtual currency commerce in the country. India’s Booming Bitcoin Trading Scene According to Quartz India, WazirX —

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CME Bitcoin Trading Product Records Show Institutional Participation Uptick

Mainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products. May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC — an all-time high for the product, according to information a CME representative provided to Cryptox.  On

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Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown

Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company of Fidelity Investments.FalconX will use the funds to scale its infrastructure, introduce new products, and expand its trade execution engine.Institutional

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