The Stellar Development Foundation (SDF) today announced a $15 million USD Enterprise Fund investment in Mexico City-based Airtm, a blockchain and bank-connected digital wallet and peer-to-peer exchange platform that provides globally-connected dollar accounts to consumers and businesses throughout Latin America, and other emerging markets. The investment marks SDF's largest Enterprise Fund investment to date and is the fund's fifth strategic investment made in the 2021 fiscal year.
Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021. The strategy will advance Brane's intention to become the first made-in-Canada qualified custodian for digital assets, providing Canadian financial institutions and investors with a domestic, industry-leading custody solution in a space currently dominated by a single U.S. company.
Bairong Inc. ("Bairong", 6608.HK), a leading independent AI-powered technology platform in China, has officially launched Indra, a groundbreaking secure multi-party computing platform that meets key privacy protection needs in the process of data development. Indra offers a safe and efficient data cooperation model for partners and financial institutions, enabling them to tap into the value of data whilst ensuring compliance with data usage policies and preventing data leakage.
One River Digital announced that its market leading institutional digital funds now offer 365-day liquidity to existing investors. This announcement marks the first time in digital asset fund management history that an investment vehicle has offered institutional clients 365-day liquidity. Investors in our Bitcoin strategy, and in our Ethereum strategy, can now access the true dynamism and liquidity of the digital asset market. Regardless of the holiday or weekend, One River Digital's institutional passive fund family is ready to support daily institutional access to this emerging asset class.
Blockcap Inc. ("Blockcap"), one of the largest bitcoin mining and blockchain technology companies based in the United States, announced today that Jarvis Hollingsworth will serve as the newest member of its board of directors. The addition brings unparalleled legal and regulatory expertise to the rapidly growing company as it seeks to transform both Texas and the United States more broadly as a global leader in blockchain technology.
Liquid Mortgage announced today it has appointed Fred Matera to its Board of Directors. Mr. Matera is a Managing Director and Head of Residential at Redwood Trust. He previously served as a Redwood board member from March 2019 to December 2020. Prior to that, he was co-founder of MoVi Partners, an advisory firm focused on the fintech industry, and President of EquiFi Corporation.
Fifth Era and Blockchain Coinvestors Announces Oversubscribed Fund II Close at $27 Million, Bringing Overall AUM to $75 Million
Blockchain Coinvestors, a leading venture fund-of-funds and coinvestment program with a combined portfolio of more than 300 blockchain and crypto projects, including 20 blockchain unicorns, today announced that their second Fund closed with $26.9 million and was oversubscribed given strong demand for blockchain and crypto-related exposure among institutional investors, family offices and private clients.
Immersive Network Partners With Blockchain Mega-Platform Starport To Connect Entertainment and Crypto Communities
Immersive Network announced today that it has secured commitments for over $50 million through the Starport platform in the 24 hours since the launch of their pre-IDO to fund Immersive Artistry's first slate of projects. The Immersive Network is a new blockchain-based platform launched by Starport, dedicated to extended reality entertainment and experiences.
Mehrzad Manuel Ferdows's speech on Risk Management: What are the steps and why is it crucial to a business?
Mehrzad Manuel Ferdows, a leading entrepreneur, advisor, and investor has given a speech at a conference held in Dubai on risk management. Mehrzad Ferdows stated that the process of identifying, assessing, and controlling threats to an organization’s capital and earnings is referred to as risk management. He added that every business or organization encounters unanticipated risks, deleterious events that can inflict the company money or cause it to permanently close.
Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while reaching out to millions of Ethereum users. The launch of its wrapped token (wSTRAX) also brings in a boom for the DeFi sector. Locked in a 1:1 ratio with the Stratis' native STRAX Token, platforms built on Ethereum can utilize wSTRAX in their DeFi products.