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banks
Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider
Zabo, which claims to be able to link bank accounts to crypto wallets directly, raised $2.5 million from Moonshots Capital and other firms to build out its engineering team and customers.
Revolut Bank Valued at $5.5B in $500M Funding Round
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering.
Major Korean Banks Join Government-Backed Blockchain ID Initiative
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.
Singapore Exchange–Backed iSTOX Raises Series A for Tokenized Securities Trading
The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.
The New Medici Bank Is About to Take On Its First Crypto Clients
The new crypto-friendly institution, founded by a descendant of the Renaissance-era banking dynasty, is about to onboard its first clients.
First Singapore Bank Joins JPMorgan's Blockchain Payments Initiative
JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC.
Arab Bank's Swiss Arm Is Launching Cryptocurrency Services
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.
Norwegian Bank Invests in Crypto Exchange Founded by Airline Magnate
Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos.
Silvergate Bank Eyes Crypto-Backed Loans for Institutions
Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender.
60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments
Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.
