ICE’s Bakkt completes $182 million funding round, delays launch until early 2019
Intercontinental Exchange’s cryptocurrency exchange and platform completes first funding round with 12 investors on board.
Crypto
The TRADE’s best of 2018: Crypto
John reviews the best of The TRADE’s coverage of cryptocurrencies over the past 12 months.
Fidelity Investments unveils dedicated crypto trading and custody business
New business known as Fidelity Digital Assets will offer custody and trade execution of cryptocurrencies.
Eurex’s Asia head says ‘most prop trading firms are already trading digital currencies’
Roland Schwinn, regional head of Asia for Eurex, believes “the digitisation of assets has started", with firms either trading or observing crypto.
ICE plans November launch for crypto platform, ecosystem
New digital asset platform and ecosystem business Bakkt due to go live in November, initial focus on Bitcoin trading.
Northern Trust eyes potential crypto custody model
Northern Trust is currently providing accounting services for select clients that have a small portion of their assets in cryptocurrencies.
ITG’s former electronic brokerage head joins crypto wallet provider
Jamie Selway joins Blockchain as global head of institutional markets after spending seven years at agency broker ITG.
Pershing’s global compliance head departs for role at Coinbase
Sell-side veteran Jeff Horowitz joins cryptocurrency exchange after a 12-year stint with Pershing.
Winklevoss Bitcoin ETF bid rejected by US regulator
Bitcoin ETF proposal by crypto exchange Gemini has been rejected by the Securities and Exchange Commission in the US.
The reality of what asset managers are really doing about cryptocurrencies
The exploration of cryptocurrencies from asset managers should not always be taken as a sign of intent, more just what you’d expect from the biggest players in the financial markets.