Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

BitGo and Copper Launch First Trading Model with Off-Exchange Settlement from Qualified Custody, Featuring Deribit

Business Wire
by Business Wire0
Clients can now trade spot and derivatives on Deribit while assets are secured off-exchange in qualified custody with BitGo Trust Company, Inc., and automatically settled leveraging Copper ClearLoop’s and BitGo Go Network’s infrastructure. This partnership offers a more secure trading and multi-custodial settlement model for the industry, establishing a new......

Zip Emerges as Leading Procurement Platform for Financial Services Giants, Convenes Executive Summit at Nasdaq MarketSite

Business Wire
by Business Wire0
Fortune 500 financial institutions including Discover, Northwestern Mutual, Prudential, and Coinbase leverage Zip to transform procurement operations while strengthening regulatory controls; Industry leaders to gather in NYC to discuss procurement innovation Zip, the world’s leading procurement orchestration platform, today highlighted its rapid adoption across the financial services industry, where its......

Crux Appoints Industry Veteran Naggi Asmar as Chief Technology Officer to Revolutionize Data Integration in Financial Services

Business Wire
by Business Wire0
Crux, a leading data integration company dedicated to making the world’s external data model ready, is proud to announce the appointment of Naggi Asmar as its new Chief Technology Officer (CTO). With decades of experience at industry powerhouses including Matillion, Medallia, Oracle, and Plumtree Software, Naggi brings an exceptional track......

COVU Increases Series A to Over $22M After Hitting Key Milestones, Bringing Total Funding to $32M

Business Wire
by Business Wire0
Originally planned as a $4M extension, strong investor interest led to an oversubscribed $10M raise to accelerate AI-native insurance servicing and marketplace expansion. COVU, the AI-native leader in insurance customer management and risk advisory, today announced that it has increased its Series A to $22 million after successfully hitting key milestones, bringing......

Earnest Welcomes Emily Childers as Chief Marketing Officer

Business Wire
by Business Wire0
Seasoned marketing veteran to lead Earnest’s next phase of growth in customer-first lending Earnest, a fintech company empowering professionals and students to maximize their financial futures, announced today that Emily Childers has joined as Chief Marketing Officer (CMO). In her role on Earnest’s executive leadership team, Childers will lead all......

CAIS Launches Enterprise Solution to Power Alternative Investments for TAMPs and Managed Account Platforms

Business Wire
by Business Wire0
CAIS to provide turnkey alternative investment operating system to enable a unified experience of public and private investments on third-party platforms CAIS, the leading alternative investment platform for independent financial advisors, announced the launch of an enterprise solution designed to integrate alternative investments within Turnkey Asset Management Platforms (TAMPs) and......

73 Strings Secures $55M Series B Led by Growth Equity at Goldman Sachs Alternatives

Business Wire
by Business Wire0
73 Strings is revolutionizing private capital markets through AI-powered data extraction, portfolio monitoring, and valuation solutions Funds will be used to further accelerate product development and innovation 73 Strings, the financial intelligence platform using AI to revolutionize data extraction, monitoring, and valuation for the $17.6 Trillion AUM Alternative Asset Management......

RYT Launches Blockchain Platform to Power Real-World Solutions: Digital ID, National Currencies, and Beyond

Business Wire
by Business Wire0
RYT launched its Layer-1 blockchain, a groundbreaking platform built on its patented Proof of Majority (PoM) consensus mechanism, designed to address the core limitations that have held back blockchain from mainstream adoption: speed, scalability, accessibility, decentralization, and energy efficiency. “Our focus is on solving real-world problems — improving access to......

Glassbox Raises $1.2M to Reimagine the Spreadsheet for AI-Enabled Corporate Transactions

Business Wire
by Business Wire0
Glassbox, a Toronto-based fintech startup, announced that it has raised $1.2 million in pre-seed funding to reimagine how finance teams work with spreadsheets in the age of AI. The round was led by FinTech Collective (New York) and StandUp Ventures (Toronto), with participation from Watertower Ventures (Los Angeles). The fresh......

BitGo Launches OTC Trading Desk with Integrated Trading, Derivatives, Lending and Qualified Custody

Business Wire
by Business Wire0
Launches with Billions in Trading Volumes and Lending Book of Over $150 Million Features Spot and Derivatives Trading Support, Locked Token Transacting, Lending and Yield Generating Products, and Instant Settlement BitGo, the leading provider of digital asset infrastructure and the world’s largest independent qualified custodian, announced the launch of its......
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