Crypto Mining Giant Bitmain Said to Be Planning US IPO: Bloomberg

Crypto mining hardware giant Bitmain Technologies Ltd. is said to be relaunching its initial public offering (IPO) plans, but this time in the U.S. instead of Hong Kong. According to a Bloomberg report citing “people with knowledge of the matter,” Bitmain is consulting with advisers over a U.S. public listing, potentially in the second half of 2019. […]

Private Blockchain’s Biggest Startups Integrate in Unprecedented Tie-Up

A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize their respective blockchain ecosystems. Announced Tuesday, DA will be bringing its smart contract language DAML (Digital Asset Modelling Language) to R3’s Corda platform, as well as Hyperledger Fabric, following on from its Hyperledger Sawtooth tie-up […]

Circle and Coinbase Open CENTRE Stablecoin Network to New Members

Cryptocurrency firms Circle and Coinbase are a launching bold effort to make money as easy to move around the world as internet data and content. In a press release sent to CoinDesk on Thursday, Circle said that, since the initial launch of the CENTRE consortium’s US Dollar Coin (USDC) stablecoin, the two firms have been working to […]

Reuters, Bloomberg and TradingView to Add New Cryptocurrency Index

The financial terminals of Thomson Reuters and Bloomberg will soon provide cryptocurrency data from an index that takes into account social media posts and news. Announced Thursday, index provider Cryptoindex said terminal users will be able to view the top 100 performing cryptocurrencies, according to its rankings. Cryptoindex comprises of crypto assets that have occupied a position […]

14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains

The Takeaway: With $63.2 million in fresh funding from 14 banks, Fnality is building tokenized versions of five major fiat currencies. The digitized fiat would be fully collateralized by cash held at central banks and is meant to solve the “cash on ledger” problem faced by other financial blockchain projects. The consortium says it is open […]

Ex-R3 Director Tim Swanson Joins Blockchain Builder Clearmatics

Outspoken blockchain analyst Tim Swanson is joining U.K.-based Clearmatics, one of the top rivals to his former employer R3. Swanson, the founder and director of research at Post Oak Labs, has been on Clearmatics’ advisory board since 2015. He will come on board full-time next week as head of market intelligence, he told CoinDesk. “It […]

Nasdaq’s Quandl Institutional Data Platform to Add Crypto Reference Prices

A Nasdaq-owned financial data platform for institutional investors is adding cryptocurrency reference prices. Nasdaq’s Quandl platform will source its price information from cryptocurrency price and indices provider CryptoCompare. Based on CryptoCompare’s aggregate index datasets, the product will provide up-to-date pricing data for the “most liquid” cryptocurrency markets, according to a press release published Tuesday. Nasdaq and CryptoCompare […]

Bloomberg Terminal Lists Ethereum-Based Debt Instrument

Cadence, which puts commercial debt into ERC-20 tokens, will soon be listed on Bloomberg Terminal. In a first for a blockchain-based financial instrument, Cadence has obtained a Financial Instrument Global Identifier (FIGI). With this new designation, Cadence becomes easy to research and trade for the broad array of financial professionals working with Bloomberg Terminal, the market-leading […]

Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance

IT firm Mphasis, which is owned by private equity multinational Blackstone, has partnered with blockchain tech firm Bitfury with the aim of disrupting trade finance. The firms say they will bring new transparency and efficiency to settlement, foreign exchange and financing processes using automation and “new forms of tokenization,” according to an announcement Tuesday. “Instant” settlement […]

Security Token Platform iSTOX Admitted to Central Bank Sandbox

iSTOX, a Singapore Exchange-backed security token platform, has been admitted into a fintech regulatory sandbox set up by the Monetary Authority of Singapore (MAS), the country’s de facto central bank. Operating within the sandbox since the start of this month, iSTOX is now onboarding its first batch of issuers and investors to enable trading of […]