Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients

sumitomo-mitsui-trust-to-establlish-a-crypto-firm-targeting-instiutional-clients

Sumitomo Mitsui Trust – one of the largest asset managers in Asia – will tap Tokyo-based crypto exchange Bitbank to set up a company offering digital asset services to institutional clients this year. The newly created firm will hold cryptocurrencies and Non-Fungible Tokens (NFTs) for “large investors and corporations.” Sumitomo Mitsui Trust Focused on Security … Read more

BitMEX Announces New Spot Bitcoin And Crypto Exchange

bitmex-announces-new-spot-bitcoin-and-crypto-exchange

BitMEX has released a spot exchange allowing the company to offer direct access to bitcoin and other cryptocurrencies instead of only trading derivatives. BitMEX announces a new spot exchange for bitcoin and other cryptocurrencies. BitMEX previously offered a platform for derivatives of bitcoin and other cryptocurrencies but will now offer direct asset trading. The spot … Read more

Exchange Inflows Spike As LFG Moves Bitcoin Reserves

exchange-inflows-spike-as-lfg-moves-bitcoin-reserves

The Luna Foundation Guard was forced to send a majority of its holdings to exchanges as it tried to hold the dollar peg for its Terra stablecoin. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and … Read more

Swiss Exchange Relai To Release A Bitcoin Debit Card

swiss-exchange-relai-to-release-a-bitcoin-debit-card

Relai, a savings app focused on bitcoin, is crowdfunding through Crowdcube to launch a bitcoin debit card. Relai, a European bitcoin savings application, is planning to release a bitcoin debit card. The company started crowdfunding through Crowdcube and reached over $1.5 million within the first two hours. Currently Relai has raised over $2 million and … Read more