According to crypto custodian and Stone Ridge subsidiary NYDIG, hundreds of U.S. banks will soon allow trading and holding of Bitcoin. After a long period of reluctance, established financial services providers are also opening up to the new asset class. New York Digital Investment Group (NYDIG) is a subsidiary of Stone Ridge, a $10 billion […]
The US investment bank JPMorgan, Singapore’s largest bank (DBS) and the state-owned investment firm Temasek have jointly launched a new blockchain company focused on global payments and cross-border transactions between banks. The new company called Partior seeks to digitize commercial banks’ money using the blockchain technology. It aims to reduce the existing friction in cross-border payments, transactions and foreign […]
China Construction Bank (CCB) is the first Chinese financial institution to issue blockchain-based security. Through tokenization, the major bank wants to make investments in bonds more accessible to private investors.
A recently published study analyzed the relevance of crypto-currencies among German stock corporations. According to the study, crypto’s such as Bitcoin have so far been of secondary importance for the corporations. The study examined the adaptation of crypto currencies among listed German companies. The authors Lars Andraschko and Bernd Britzelmaier from the Business School Pforzheim […]
