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Cryptocurrencies are becoming more widespread, but as adoption rises firms will need to ensure they have implemented tailored trade surveillance that understands the market’s intricacies.
Zero Hash, a digital assets infrastructure platform that empowers clients to build tools to buy, sell, receive, send, earn and reward digital assets, has collected $35m in its Series C funding round.
Automated crypto trading platform Coinrule has reportedly netted $2.2m in its seed funding round.
The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.
Investment platform eToro has unveiled a decentralised finance (DeFi) portfolio to offer investors ‘long-term exposure to key projects in the DeFi ecosystem’.
Philippine Digital Asset Exchange (PDAX), which enables consumers to buy and sell cryptocurrencies, has reportedly netted $12.5m in its latest funding round.
Tax and accounting and automation company TaxBit has reeled in $130m from a Series B round, passing the $1bn valuation landmark in the process.
Digital asset banking startup Greengage has secured a £2.5m investment from Gilbraltar-based portfolio business IOVlabs.
American cryptocurrency exchange firm Coinbase has revealed it is preparing to acquire digital currency overview tool Zabo for an undisclosed fee.
Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.