Galaxy Digital Holdings has acquired two cryptocurrency trading firms: DrawBridge Lending (DrawBridge), an specialist in digital asset lending, borrowing, and structured products, and Blue Fire Capital (Blue Fire), a proprietary trading firm specialising in market-making and two-sided liquidity for digital assets.
100x Group, the holding structure for BitMEX, has selected multi-asset class trade surveillance and market risk solutions specialist Eventus Systems to support its trade surveillance and Anti-Money Laundering (AML) transaction monitoring.
As the world's second-largest cryptocurrency, ethereum witnessed impressive growth in 2020. Since the beginning of the year, the ctyptocurrency's price price surged by a remarkable 230 per cent, drawing more and more attention from investors in times of economic uncertainty caused by the Covid-19 outbreak.
SFOX, an independent crypto prime broker, providing global liquidity and best price execution from a single account, has appointed Shawn Egger as Head of Execution Services.
Inflows last week into bitcoin and other cryptoasset investment products were the highest on record at USD255 million, pushing the total inflow over the last four weeks to over USS720 million, according to the latest figures from CoinShares.
Buoyed by growing institutional appreciation of the potential of digital assets, ByteTree Asset Management has launched with the aim of offering professional investors means to access the asset class in a regulated manner, with the highest quality operational and legal structures.
Tether.to, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has risen above USD17 billion in market capitalisation.
BtcTurk, Turkey’s largest cryptocurrency exchange, and Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, have made tether (USDt) tokens available on BtcTurk | PRO.
The Crypto Finance Group is launching stop loss and stop limit orders for over 15 currency pairs enabling new quant trading strategies for institutional and banking clients.
According to data presented by AksjeBloggen.com, the market capitalisation of the world's second-largest crypto coin, ethereum, has soared by 213 per cent YTD to USD44.3 billion, a 2.5 times bigger increase than the leading cryptocurrency bitcoin.