Global brokerages are facing an increasingly competitive environment, with the exponential rise in retail trading interest during the pandemic. On the other hand, thousands of retail investors entering the market is attracting the scrutiny of regulatory bodies. Regulators are especially concerned regarding misinformation, and risky trading practices. In the United […]

Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3 billion for the platform. According to the company, the latest funding will help expand Sorare’s portfolio of football […]

Sorare, a blockchain-based football gaming and non-fungible token platform, today announced that it has secured $680 million in the Series B funding round to expand its presence. SoftBank led the recent Series B funding round. The investment round also saw participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP, and […]

Leading crypto exchange Binance has announced that it will cease offering Australian customers futures, options, and leveraged tokens.  Binance Cuts Offerings Binance is continuing to limit its services in the face of regulatory pressure.  The exchange announced Tuesday that Australian customers will no longer be able to trade crypto derivatives such as […]

London Stock Exchange Group’s Turquoise Plato is establishing a connection with OpenFin, an operating system for enterprise productivity. This, according to the companies, came in response to the industry’s need for workflow efficiencies, application interoperability, and unified experience for buy-side firms. Announced on Tuesday, the integration will deliver market data […]

JPMorgan Chase has finally jumped into the neobanking space with the launch of its new digital banking platform in the United Kingdom, the traditional banking giant announced on Tuesday. The digital bank has been branded as Chase and has started taking customers for opening current accounts. “We’re offering people in […]

Bitcoin price settled below $46,000 and declined heavily against the US Dollar. BTC even traded close to $40,000 before starting an upside correction. Bitcoin is down over 10% and it broke the $45,000 and $43,000 support levels. The price is now trading below $43,000 and the 100 hourly simple moving […]

Recent dialogue between MakerDAO developers and the office of anti-crypto Senator Elizabeth Warren’s has revealed a concerning lack of familiarity with the current decentralized finance (DeFi) ecosystem. On Sept. 20, a screenshot began circulating on social media appearing to show dialogue between members of the MakerDAO community discussing the conclusions […]

The crypto markets and the U.S. equity markets sold off on Sept. 20 on fears that the collapse of Chinese property giant Evergrande could not only hurt China but also have wider implications in other markets. When the sentiment is bearish, traders dump positions that they perceive as risky in favor […]

BRISBANE, Australia, September 21, 2021 – Tokenized, an Australian financial technology company that offers a suite of smart contracting and digital asset software tools, has entered into a development and service agreement with Aequantium LLC, a start-up managed futures fund manager, to create and issue investment tokens for investors, as well as […]