Tag : financial infrastructure

Circle Selects BNY Mellon to Custody USDC Reserves
Digital Asset Management Fintech News

Circle Selects BNY Mellon to Custody USDC Reserves

Fintech News Desk
by Fintech News Desk0
Circle Internet Financial, LLC (Circle) announced that BNY Mellon, the largest global asset servicer, was selected as a primary custodian for USD Coin (USDC) reserves. Circle is a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes and is the sole issuer of......
Silvergate Bank Issues $205 Million Loan to MacroStrategy Collateralized by Bitcoin
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Silvergate Bank Issues $205 Million Loan to MacroStrategy Collateralized by Bitcoin

Fintech News Desk
by Fintech News Desk0
 Loan proceeds to be used by MacroStrategy, a subsidiary of MicroStrategy, to acquire additional bitcoins Silvergate Bank, a subsidiary of Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, announced it has issued a $205 million term loan under its......
Circle Valued at $9 Billion in New Transaction Terms Agreed with Concord Acquisition Corp
Digital Payments Finance News

Circle Valued at $9 Billion in New Transaction Terms Agreed with Concord Acquisition Corp

Fintech News Desk
by Fintech News Desk0
New agreement replaces the business combination initially announced in July 2021 Circle Internet Financial, a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes and is the issuer of USD Coin (USDC), announced that it has terminated its existing business combination and agreed......
Stronghold Launches $100 Million Investment Fund
Blockchain Currency Exchange News

Stronghold Launches $100 Million Investment Fund

Fintech News Desk
by Fintech News Desk0
Stronghold Capital’s investments will expand founder representation and access in fintech innovation Stronghold, a payments and financial infrastructure company, has launched Stronghold Capital to invest $100 Million in pioneering companies and funds across three core areas: overlooked and underrepresented founders and fund managers, the payments and fintech ecosystem, and the......
Vayana Network Raises INR 283 Crore in Series C Funding Round
B2B Fintech News

Vayana Network Raises INR 283 Crore in Series C Funding Round

Fintech News Desk
by Fintech News Desk0
India’s largest trade finance platform, Vayana Network, announced the raising of INR 283 crore in Series C funding round. Vayana saw participation from existing and new investors, including Chiratae Ventures, CDC group, Jungle Ventures, March Capital, Marshall Wace and some of the large family offices from India and abroad. Sharing his......
PDX Coin to Introduce First True Crypto-to-Fiat Payments and Banking Platform, Sidestepping Antiquated Payment Systems
Banking Cryptocurrency Digital Payments Mobile Banking News

PDX Coin to Introduce First True Crypto-to-Fiat Payments and Banking Platform, Sidestepping Antiquated Payment Systems

Fintech News Desk
by Fintech News Desk0
Company will deliver streamlined peer-to-peer payments transactions using the blockchain, ensuring vastly lower fees for merchants PDX Coin announced it is developing a new global digital banking platform for the crypto-economy that will offer widespread retail crypto-to-fiat payment capability. The high-speed, bank-friendly payment platform delivers a modern alternative to the......
Built Technologies Names Bob Van Nortwick as Company’s First President
Fintech News

Built Technologies Names Bob Van Nortwick as Company’s First President

Fintech News Desk
by Fintech News Desk0
Recently appointed President Bob Van Nortwick joins Built from Amazon Web Services, bringing over 30 years of expertise to the newly-created role. He will be working out of Built’s Seattle, Washington office.  Built Technologies (Built), the fastest growing construction finance platform in the U.S., today announced the appointment of Bob......
Prime Trust Grows Liquidity Pool by 5x and Expands Platform Functionality
Digital Asset Management Fintech News

Prime Trust Grows Liquidity Pool by 5x and Expands Platform Functionality

Fintech News Desk
by Fintech News Desk0
Fintech and digital asset innovators benefit from access to deeper liquidity with stability, flexibility and a wider variety of trading currencies Prime Trust, the one-stop shop for financial infrastructure for fintech and digital asset innovators, announced the upcoming exponential growth in its liquidity pool to ensure scalability and reliability for......
Circle Expands USDC Multichain Ecosystem with Support on the Hedera Network
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Circle Expands USDC Multichain Ecosystem with Support on the Hedera Network

Fintech Staff Writer
by Fintech Staff Writer0
USDC is the first stablecoin to launch on Hedera’s carbon negative network Circle, a global financial technology firm that provides payments and financial infrastructure for internet businesses, announced support for USD Coin (USDC) on the Hedera  network, one of the  most used, sustainable, enterprise-grade public networks for the decentralized economy. With......
Bloom Launches "OnRamp" To Help DeFi With Compliance And Growing Beyond Collateralized Lending
DeFi News

Bloom Launches “OnRamp” To Help DeFi With Compliance And Growing Beyond Collateralized Lending

Fintech News Desk
by Fintech News Desk0
 Bloom, a leading blockchain solution for digital identity and reusable, verifiable credentials (VCs) is pleased to announce the launch of a new DeFi-focused product called OnRamp. OnRamp helps enterprises with KYC & AML compliance as well as enabling risk assessment via traditional and alternative data, all while preserving user privacy. Bloom......
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