Tag: finance

Former Citigroup boss Vikram Pandit said the biggest banks will be seriously weighing up a leap into the crypto world. ( read original story ...)

"The integration of VGX into Coinify's crypto payment platform expands the functionality of the Voyager token well beyond the Voyager ecosystem," said Steve Ehrlich, CEO and Co-founder of Voyager. ( read original story ...)

The plunging value of some of its blockbuster IPOs and a tech sector crackdown by China has led to a record loss. ( read original story ...)

Prime Minister Fumio Kishida called for a shakeup of the initial public offering process to better serve startups as Japan’s new capitalism panel released its recommendations ahead of a stimulus ... ( read original story ...)

The cryptocurrency market is now worth more than $3 trillion. As of 7:38 a.m. in London, the overall market cap of cryptocurrencies hit $3.01 trillion, according to CoinGecko pricing. The third- and ... ( read original story ...)

Vikram Pandit believes every major financial institution will be considering trading crypto “in one to three years.” ... ( read original story ...)

Headquartered in Bahrain, fiat-to-crypto exchange CoinMENA has secured $9M in seed funding from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, FTX investment arm Alameda ... ( read original story ...)

Overall, the Tokyo-based company had a net loss of ¥397.9 billion in ... its stock is down more than 70% from its peak and is trading below the IPO price. “The Chinese regulators have no incentive in ... ( read original story ...)

Masayoshi Son said his SoftBank Group Corp. will buy back as much as 1 trillion yen ($8.8 billion) of its stock after a decline in the value of its portfolio companies led to a record loss in its ... ( read original story ...)

Vision Fund unit as the value of public holdings like Coupang Inc. and Didi Global Inc. plunged. The unit’s loss in the three months ended Sept. 3O was 825.1 billion yen ($7.3 billion), exceeding the ... ( read original story ...)

SoftBank had first led a $1.4 billion round in Paytm in 2017, valuing it at $7 billion. It led subsequent rounds too, and its current holdings are worth over 2 times what it has invested. ( read original story ...)

The existing investors will sell shares worth Rs 10,000 crore, while fresh shares worth Rs 8,300 crore will be issued. ( read original story ...)

Sean Conaty, an internationally recognized project development and project finance attorney who has advised on some of the most transformative infrastructure projects throughout the South East Asian ... ( read original story ...)

Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that his auction house would one day offer virtual apes to a crypto ... ( read original story ...)

The exchange is cutting off Chinese users and will lose a third of revenues from next year, co-founder tells FT ... ( read original story ...)

All major financial institutions will soon be thinking about trading cryptocurrencies, according to Vikram Pandit, chairman of The Orogen Group and former chief executive officer of Citigroup Inc. ( read original story ...)