Managers of Wealth Fintech

British Giant Asset Manager Invests In A Crypto Exchange

Asset managers in traditional finance are increasingly scrutinizing ways to leverage the digital asset industry.

BlockFi begins staffing Bermuda office

New Jersey-headquartered BlockFi is the parent company of BlockFi International Limited, the license holder in Bermuda.

BlackRock launches bitcoin trust

BlackRock’s trust is comparable to the Grayscale Bitcoin Trust, an open-ended grantor trust that is invested exclusively in bitcoin

Step aside kids, Boomers are buying crypto

60 per cent of over 65's want to see mainstream adoption of cryptocurrencies.

Crypto: abrdn makes move into crypto

The asset manager now has the largest stake in the digital assets exchange Archax.

Revolut crypto courses attract 1.5 million users

Revolut says that the number of transaction Britons made in July alone grew by over 20% compared to the same month last year.

Wealth managers and VCs are helping drive institutional crypto adoption

Financial’s head of business development Mike Jones.

Figure Announces Collaboration with Visa to Add Issuing Processing to its Banking in a Box Platform

Figure's Banking in a Box Platform is Built on the Provenance Blockchain

BitPay partners Cardlytics for cash back rewards

The BitPay Card requires the BitPay Wallet app where cardholders can reload the card, view transaction history and manage card settings.

Julius Baer Especially Positive on DeFi Coins

Julius Baer's model portfolio currently has around 5 percent allocated to alternatives with no investments in digital assets.

Artificial intelligence innovation among private banking industry companies has dropped off in the last three months

Analysis of patent filings shows a shrinking level of AI related applications in the industry over the past three months, compared to last year

Crypto: It's Riskier on the Sidelines

Starting with bitcoin, Blackrock plans to make cryptocurrencies directly available to institutional investors through its Aladdin investment platform.

PwC Middle East Puts Forward a Three-Stage Facilitative Model for UAE Cryptocurrency Regulation

Regionally, the UAE ranks third by volume, behind Turkey at $132billion and Lebanon at $26billion.

CryptoCom CEO: Crypto Industry Will Comeback Very Strongly

Kris Marszalek, CEO of Crypto.com, says he’s taking a “very long-term view” of the industry.

Central Bank of Honduras Reaffirms Position on Digital Assets as Cryptocurrency Grows in LatAm

Based on this, the central bank emphasised that citizens who transact with digital assets will bear responsibility for any risks they face from the high volatility of digital assets.

UK wealth managers have enormous potential to offer crypto services following recent market turmoil, says Avaloq

The potential for wealth managers to leverage their expertise and inspire investor confidence is highlighted by Avaloq’s finding that 25 per cent of investors don’t invest in crypto due to a lack of trust in crypto exchanges.

Aveni AI platform to support compliance with UK Consumer Duty rules

The AI-enabled technology gives businesses an improved level of understanding of their customers and outcomes and puts data-driven technology at the heart of their operating model.

Brazil central bank director terms Bitcoin a financial innovation

Interestingly, the director revealed that the bank began looking into Bitcoin’s properties over a decade ago.

How to choose the best crypto-friendly bank for business

With more than 300 million cryptocurrency users worldwide and a host of other digital assets used in investments, payments, and transactional purposes, institutions must carefully conduct their due diligence to identify banking institutions that can suppo

Bitcoin, Ethereum edge up; BNB rises; Avalanche adds to gains on partnerships

Cardano briefly touched a week’s high, up more than 5%, before edging back.

Bitcoin, Blockchain & AI