Binance Labs launches incubator for crypto start-ups
$500K for those firms selected.
Blockchain
Universal Protocol Alliance launches for digital asset unity
Blockchain firms include Uphold, Cred, Blockchain at Berkeley, and Brave.
Singapore Exchange and regulator seek cross-DLT settlement
Developing delivery versus payment (DvP) capabilities.
Thailand plans to peak with central bank digital currency
R3 and its DLT platform Corda on call for Project Inthanon.
eToro adds IOTA cryptocurrency to platform
The currency shows promising use as an IoT platform.
Debitum debuts in alternative finance space
Blockchain-based and coming in September.
Coinbase acquires Distributed Systems for digital identity dream
Anonymity and privacy. Even when it comes to financial details.
Fosun feeds $5m to Israeli fintech platform The Floor
This marks Fosun’s second investment in Israel.
US blockchain platform Bravo Pay basks in beta mode
Firm offers a way to tip or pay without sharing personal info.
AAIS pilots open insurance data link on IBM Blockchain
American Association of Insurance Services looks to automate regulatory reporting.
Blockchain: from crypto casino to cross-company data management
What different types of blockchain uses are there, where does cryptocurrency fit in, and why should insurers even care?
ANIA leads insurance blockchain project in Italy
Insurtech innovation with Italian Association of Insurance Companies.
Blockchain and the notaries: the services won’t be replaced but transformed
It’s a widespread mistake to think that blockchain is the panacea for all kinds of problems.
Goldman Sachs leads Axoni’s $32m funding round
Blockchain technology firm basks in Series B round.
Blockchain Board of Derivatives trading platform goes live
The “world’s first hybrid cryptocurrency derivatives trading platform”.
Identitii to raise $11m in blockchain IPO
Money raised will be used to support development of its Serra solution.
Overstock’s blockchain subsidiary bags $270m funding
Chinese private equity firm GSR Capital sees a hero in tZero.
EY finds $1bn for fintech foraging
Investment plans in cyber, risk management and cloud-based tech.
Hydrogen’s Findi consortium breathes life into public blockchains
Paving the way for Web 3.0 and taking on R3.
World Bank turns to CBA for world’s first blockchain bond
Using DLT to end extreme poverty.
Mobile money maestro Eversend launches in Africa
New firm enters alpha testing phase.
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
Debonair DNB completes trade finance test with Marco Polo
First release of the TradeIX platform on blockchain goes well.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
Business Payments Directory Association teams with Discover for blockchain PoC
Will develop a platform for its B2B directory built on blockchain technology.
Zilliqa and Infoteria pair up to push blockchain DApps
APAC plan to promote adoption of decentralised applications.
Blockchain firm Swych goes cross-border gifting
US users can now send digital gift cards to friends and family in India in real time.
Top fintech stories this week – 3 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
San Marino pursuing blockchain fame
Tiny republic plans legislation for a blockchain hub.
We.trade’s first international blockchain transaction made by UniCredit
A retailer-to-retailer transaction between Germany and Spain.
IBM ties up with Thai Krungsri Bank for $140m digital overhaul
Pushing Krungsri’s plans to become a tech leader.
Everex to create Myanmar-Thailand blockchain payments corridor
In partnership with Shwe Urban and Rural Development Bank.
AlphaPoint’s blockchain fuels crypto exchange DCEX
DCEX is using Ripple’s digital currency, XRP, as its base currency.
GMEX takes gold-coated stake in Usave Blockchain
All part of a plan to build a digital exchange for physical gold.
Poland’s Horum Bank readies for launch abroad
Seeking a licence from one of the Baltic countries.
CLS and IBM furnish fintech with hosted blockchain service
Duo unveils services hosted on DLT platform LedgerConnect.
Cyprus Securities and Exchange Commission launches fintech hub
CySEC will also look for regtech action.
How loan providers will be using blockchain
The concept of blockchain is still very alien to many.
Hitachi and KDDI trial biometric payments on blockchain
They aren’t KDDI-ing with their coupon settlement system experiment.
Crypto lender BlockFi gets $52.5m investment
From Mike Novogratz’s investment firm, Galaxy Digital.
