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.
To secure their futures, banks have to confront their fear of change and embrace innovation, says consultant Chuck Fried.
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.
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change.
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering.
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.