• KPMG Chain Fusion launches
    Cryptocurrencies,  Technology

    KPMG Chain Fusion launches, helping blockchains ‘talk’ to legacy bank systems

    It is hoped that the data standardization tool will allow traditional financial systems to communicate more effectively with blockchain protocols

    The audit, tax and advisory giant KPMG has launched a service designed to connect the systems used by banks and fintech firms with those relied on by cryptocurrency and digital asset platforms.

  • crypto custodian Komainu
    Cryptocurrencies

    Nomura launches crypto custodian Komainu

    The major Japanese bank says it hopes to become a leader in the institutional digital asset industry through Komainu, which is backed by CoinShares and crypto security firm Ledger

    The new venture will offer custody for a variety of cryptocurrencies, including Bitcoin. In time, Nomura hopes crypto custodian Komainu will be able to tokenize and issue traditional assets such as stocks and bonds on a blockchain.

  • Galaxy Digital Bakkt join forces
    Bitcoin

    Galaxy Digital, Bakkt woo big investors

    The partnership will provide a one-stop solution for institutional investors and asset managers looking for a safe way to buy, trade, and store bitcoin

    The two New York-based firms will collaborate to offer clients looking to invest in physical bitcoin “the same caliber of market knowledge and trade execution expertise in BTC as they would expect from any established traditional finance desk,” said Tim Plakas, head of sales at Galaxy Digital Trading,

  • Digital assets appeal to 80%
    Cryptocurrencies,  Uncategorized

    Digital assets appeal to 80% of institutional investors, poll reveals

    Hedge funds, financial advisors, and high net worth investors said they appreciate that digital assets are uncorrelated to other asset classes and have high potential upside

    Some four-fifths of institutional investors polled recently by Fidelity Digital Assets said they found the asset class appealing, and more than 60% of them have made a direct purchase. But roadblocks remain.