Anna Irrera
Stories by Anna Irrera
Nomura-backed digital asset custodian Komainu raises $25m
The funding round comes amid a rally in bitcoin's price.
Nomura, crypto partners launch digital asset custodian Komainu
Several large financial institutions are hoping that traditional assets such as bonds can be digitized.
Facebook’s crypto ambitions spark privacy concerns, political backlash
It has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity governing the new digital coin.
US crypto startup Chainalysis raises $6m from Japan’s MUFG, Sozo Ventures
Chainalysis hopes the strategic investment will help it further its expansion plans in Asia.
US insurtech startup Lemonade snags $300m in SoftBank-led round
The company will use the funds to expand in the US, launch in Europe and grow its product offering beyond home and rental insurance.
Digital banking startup Chime valued at $1.5b after DST Global-led round
Chime is among a number of digital-only banking providers using new technologies to offer easier-to-use and cheaper services built for the smartphone
Cryptocurrency firms resorting to backdoor listings to get mainstream
Such purchases, also known as reverse mergers, allow companies to offer shares to the public without the rigours and regulatory scrutiny of a full IPO
Fintech startups grab record funding at $40b in 2018 riding on mega rounds
Fintechs have emerged globally across all sectors of finance, including lending, banking and wealth management.
More than 10% of $3.7b raised in ICOs has been stolen: Ernst & Young
Phishing was the most widely used hacking technique for ICOs, with hackers stealing up to $1.5 million in ICO proceeds per month.
Australia’s ASX adopts blockchain technology to cut costs
The move will make ASX one of the biggest mainstream financial markets to use the relatively new ledger system.
