Investment Insights 40 | MachinaTrader.com

Zurich Startup Rulematch Partners with Luzerner Kantonalbank to Launch Exclusive Crypto Trading Platform for Financial Institutions

A former top manager of Credit Suisse and Bitcoin Suisse has launched a new cryptocurrency trading platform called Rulematch, with the support of Luzerner Kantonalbank. The Zurich-based startup is exclusively targeting institutional investors and has already begun trading Bitcoin and Ether. The platform currently has seven banks and securities firms as its initial participants, including […]

Teylor and Taurus Partner to Tokenize SME Loans and Provide Monthly Cashflows

Teylor, a German fintech firm, has partnered with digital asset infrastructure provider Taurus to tokenize small and medium enterprise (SME) loans. Through Teylor’s credit platform, SME loans will be originated and managed, while a portion of the credit portfolio will be tokenized on the Taurus infrastructure and TDX-regulated marketplace. This allows professional private debt investors […]

Zurich-based Asset Manager Holinger Expands Team with Senior Portfolio Manager

Zurich-based asset manager Holinger has expanded its team with the addition of a new portfolio manager. Leonardo Spangaro has been hired as a senior portfolio manager at Holinger Asset Management, specializing in convertible bonds, starting in early 2024. With a total of 18 years of experience in the financial industry, Spangaro has spent over eight […]

Teylor and Taurus Collaborate to Launch Blockchain-Based Securities for SME Lending

Teylor, a European SME lending company, and Taurus, a crypto startup, have joined forces to launch a blockchain-based security that aims to make SME loans accessible as an asset class. Previously, it has been relatively difficult for investors to invest in SME loans. The Zurich-based Teylor grants and manages SME loans through its credit platform. […]

Former Credit Suisse Research Head Joins Lombard Odier as Investment Chief for EMEA

Lombard Odier, the Geneva-based private bank, has hired Nannette Hechler-Fayd’herbe, a former research leader at Credit Suisse. She will be working for her former boss, Michael Strobaek, as the Head of Investment Strategy, Sustainability, and Research, as well as the Chief Investment Officer (CIO) for Europe, the Middle East, and Africa (EMEA) at Lombard Odier. […]

Swiss Asset Manager GAM Expects Continued Losses in 2023

Swiss asset manager GAM is expected to report another significant loss in 2023, as its new strategy will take time to take effect. Despite successfully fending off a takeover attempt by Liontrust and implementing a rescue plan with new major shareholder Newgame and French investor Xavier Niel, GAM is still facing financial challenges.The company anticipates […]

Gemini Earn Users Face Potential Losses in Proposed Reorganization Plan

Gemini creditors are facing a challenging situation with a proposed reorganization plan that could result in them recovering only a fraction of their original investments in Bitcoin. The plan, if accepted, could see creditors receiving just 30% of the current market value of their Bitcoin holdings or 61% of the value from January 19, 2023. […]

UBS’s Profits Soar to $7 Billion, Attracting Attention from Financial Investors

The UBS has seen a significant increase in its stock price following its acquisition of Credit Suisse. This success can be attributed to the interest of financial investors in the concept of a “Wealth Management Powerhouse.” However, some investors who feel disadvantaged by the sale of Credit Suisse have filed class-action lawsuits in an attempt […]

SEC Pushes for Cash Redemption Model for Spot Bitcoin ETFs

As the U.S. Securities and Exchange Commission (SEC) reviews filings for spot Bitcoin exchange-traded funds (ETFs), it is insisting on a “cash” redemption model rather than alternative models proposed by issuers like BlackRock. Invesco, the latest ETF applicant, has now agreed to use a cash creation and redemption model for its ETF. The SEC has […]

Cantor Fitzgerald CEO Bullish on Tether and Bitcoin, Dismisses Other Cryptocurrencies as “Make Believe

Howard Lutnik, CEO of Cantor Fitzgerald, recently shared his insights on the future of the crypto industry, highlighting Tether and Bitcoin during the CNBC Money Movers Podcast. Lutnik expressed confidence in Tether’s treasury holdings and Bitcoin’s market-driven appeal amidst a looming wave of real estate defaults.Setting the macro-economic picture, Lutnik predicted a substantial wave of […]