Crypto exchange EDX Markets, backed by TradFi giants like Citadel and Fidelity, began operations earlier today after concluding an investment round. EDX plans to launch a clearinghouse business later this year.
CFTC-regulated Coinbase Derivatives Exchange will begin offering Bitcoin and Ether futures contracts to its institutional clients starting June 5, 2023.
Coinbase has acquired One River Digital Asset Management. The asset manager will be transitioned to Coinbase Asset Management and will cater to institutional clients.
NYDIG plans to aggressively invest during the ongoing bear market. The company said recent changes in leadership and lay offs are all part of the plan to increase revenue.
Summary: BlackRock will provide institutional investors with exposure to crypto investments. The heavyweight asset manager has partnered with crypto exchange...
Japanese bank Sumitomo Mitsui Trust will provide digital asset custody services for institutional investors. The venture is being carried out...
Summary: Fireblocks has seen its institutional clients rush to access DeFi on Terra (LUNA) Institutional investors have poured in $500...
Quick take: Meitu, a Chinese Technology Company, has purchased 379.12 Bitcoin and 15k Ethereum The purchase was made on the...