Managers of Wealth Fintech

We must regulate stablecoin providers as banks

An algorithmic stablecoin commits to maintain a similar parity based on a cross-trading arrangement between the stablecoin and a connected cryptocurrency.

Has JPMorgan become bitcoin's best friend?

A recent note from JPMorgan Chase suggested the bank realizes that bitcoin isn’t going anywhere. But what do the rent seekers really think?

The Family Office winner of Best AI Use-Case Award by World AI Show and Awards

The World AI Awards recognizes the successful endeavors of innovators, entrepreneurs and solution providers in the field of AI as well as breakthroughs in implementing AI in the Middle East and North Africa

Crypto unicorn Gemini lays off 10% of workforce

"focused only on products that are critical to our mission".

What A Crypto Exchange Bankruptcy Filing Could Look Like

This article addresses these issues and provides a general discussion regarding how customers can take proactive measures to protect their assets.

Soros Fund Management CEO Is More Bullish on Ethereum Than Bitcoin

Fitzpatrick thinks the environmental impact will be an important feature in the future, and it could define which digital assets will pick up steam.

Cloudwall Capital raises $6.3m to build crypto risk insights tool

The startup says that a product that can stress test and model portfolio outcomes in the digital asset space does not exist for institutional investors

Russia’s central bank sees space for crypto in international trade

Russian officials are wrestling with how to regulate the country’s crypto market and use of digital currencies

Geneva blockchain fund fintech raises CHF 2.5m

The company's founder said that a Series A fundraising is in its longer term plans, but not the current priority.

Merge emerges from stealth to provide banking infrastructure for crypto-native businesses

“Merge’s vision is to build the infrastructure necessary to allow crypto businesses to operate without fear of shutdown by regulators or third-party risk teams."

JPMorgan Says Bitcoin Is Now Undervalued by 28%

Last November, the cryptocurrency market valuation was more than $3 trillion and as of this writing it's $1.26 trillion according to CoinMarketCap.

Bank of America boss Moynihan joins Lagarde in knocking crypto

Brian Moynihan, Bank of America CEO, told a journalist "no" when asked if the bank was missing out on the next thing by not making a major play in crypto.

Cryptocurrency: Gold Mine or Minefield

From smart contracts through to securitisation; blockchain promises to change how we interact, the speed at which we interact and how trust is formed.

Crypto lender Babel Finance raises $80m, reaches $2bn valuation

The Hong-Kong based crypto lender has applied for licences in the UK and Luxembourg.

Stablecoin Failures Highlight The Need For Crypto Audit Standards

One item that needs to be clarified, however, before more comprehensive conversations around cryptoasset audits can be conducted

Binance gets nod from Bahrain’s central to offer more crypto services

Binance has eyed Bahrain and the United Arab Emirates as crypto hubs, given their existing regulatory frameworks, sandboxes, and desire to host pioneering financial services

Carey Olsen and Oakbridge support Phillip Street Partners on launch of new crypto macro fund

Kok Lee Sit of Phillip Street Partners commented: "It is indeed a pleasure working with true professionals at Carey Olsen and Oakbridge Fund Services. Digital assets are, without a doubt, going mainstream and here to stay."

How Blockchain is Key to Democratising Asset Management

Innovation within this sector is one of the keys to bridging the wealth divide and restoring confidence in the financial sector.

AI will bring a profits windfall – if investors play it right

AI and automation could bring huge benefits to investors and the planet, but it is unlikely to prove a happy experience for all.

JPMorgan says bitcoin has ‘significant upside from here’ and could rise to $38,000. Real estate not so much

But crypto investors are getting some much-needed support from an unlikely source this week—JPMorgan Chase.

Bitcoin, Blockchain & AI