Search Results for: DeFi ecosystem
Chainalysis Raises $100 Million at More Than $2 Billion Valuation to Expand Enterprise Cryptocurrency Data Business
Series D Financing Led by Paradigm with Participation from Previous Chainalysis Investors Chainalysis, the blockchain analysis company, announced it secured a $100 million Series D financing led by Paradigm, bringing its valuation to over $2 billion. Previous investors Addition and Ribbit increased their investment in the company, and TIME Ventures, the investment......
Constellation Network Chooses LCX as Partner
Constellation Network, Inc, a San Francisco-based software, big data and blockchain company agreed on a long-term strategic partnership with LCX.com, a compliant and regulated fintech company headquartered in Liechtenstein. The partnership is a step towards further expanding the blockchain ecosystem by collaborating with other decentralized service providers to develop more secure and......
World Retail Banking Report 2021: To Create New Value, Banks Can Adopt Banking-as-a-Service to Embed Finance in Consumer Lifestyles
The post-COVID-19 era will be defined by fierce competition, pushing banks to review priorities and realign investments in growth areas to meet higher customer expectations Retail banks are facing a choice between aligning their offerings to customer expectations or running the risk of losing those customers altogether, says the World Retail......
Filecoin Collaborates with Chainlink, Enabling Advanced Decentralized Storage Solutions
Collaboration Between Leading Blockchain Organizations to Spark Development of Web 3.0 Applications Filecoin—the world’s largest open-source, decentralized storage network has integrated with Chainlink—the industry-leading decentralized oracle solution—to enable bidirectional connection between the Filecoin Network and smart contract enabled blockchains such as Ethereum. Smart contract developers will now have a full......
Envestnet Expands Variable Annuity Program on Envestnet Insurance Exchange
Insurance Exchange Combines Technology, Data & Service to Deliver ‘Annuities Made Easy’ to Envestnet-Empowered Advisors Envestnet, Inc. announced that its Variable Annuity Program is being expanded to become the Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx). This innovation provides access to all types of annuities, enabling advisors to......
Fireblocks Raises $133 Million in Series C Funding To Bring the World’s Biggest Banks and Fintechs Into Crypto
Technology used to secure more than $400 billion of assets for the crypto industry will now be made available to traditional banks and fintechs in their race to meet digital asset demand Fireblocks, announced it has raised $133 million in Series C funding led by Coatue, Ribbit, and Stripes with......
Burkland Launches New Dedicated Practice for Financial Technology Startups
Dream team of Fractional CFOs, Controllers and Accountants provides strategic financial guidance from Pre-Seed to Series C and beyond Burkland, a full service fractional CFO and accounting provider for startups, announced a new dedicated Financial Technology practice team. Specifically developed to meet the needs and address the challenges facing Financial......
NEM Launches Symbol, The Next-Generation Enterprise-Grade Blockchain Platform
Developed over four years, Symbol from NEM to advance the movement towards decentralization, digitization and tokenization; making waves initially in CBDC space with the world’s first Central Bank digital collector token launched on platform NEM Group announces the launch of Symbol, its next-generation Proof-of-Stake+ (PoS+) Public Blockchain. Boasting enterprise-grade programmability and......
Over 3,500 New Cryptocurrencies Emerged in the Last 12 Months Amid Bullish 2020
As the cryptocurrency sector matures, new digital assets are emerging to leverage blockchain technology’s diverse uses. With the industry mostly bullish over the last 12 months, newly created cryptocurrencies have spiked significantly. Data presented by Crypto Parrot indicates that there were 3,531 new cryptocurrencies added to the Coinmarketcap.com database between March 2020......