Crypto Shuttle News

Tag: Group

  • ETC Group Expands Portfolio with XRP-Backed ETC on Xetra

    ETC Group Expands Portfolio with XRP-Backed ETC on Xetra

    [ad_1]

    To enhance its digital assets portfolio of exchange-traded cryptocurrencies (ETCs) in Europe, ETC Group, one of the largest providers of institutional-grade digital asset-backed securities, has recently announced the listing of XRPetc (ETC Group physical XRP) on Xetra.

    The product is available under the ticker symbol GXRP. ETC Group already has a broad list of institutional-grade crypto exchange-traded products, including leading digital assets like BTC, ETH, Solana, and Cardano. With the launch of XRP-backed ETC on Xetra, the Group is planning to facilitate its clients in Europe.

    “Ripple is rapidly becoming a leader in global payment systems with hundreds of financial institutions choosing Ripple to provide better international payments experience for their customers, in real-time. By launching this latest ETC to our expanding portfolio of high quality, physically-backed digital assets, we’re continuing to grow our offering to investors, providing access to an increasingly wide range of digital currencies and assets – especially those amassing large market caps,” Bradley Duke, Founder and co-CEO at ETC Group, commented.

    XRP

    XRP is one of the most valuable cryptocurrencies in the world. According to Coinmarketcap’s recent data, XRP is the 6th largest digital currency with a market cap of more than $35 billion.

    According to ETC Group, its newly launched XRP-backed ETC will be marketed and distributed by HANetf.

    “We are delighted to partner with ETC Group again to offer a new ETC backed by XRP. ETC Group, in partnership with HANetf, has established itself as a market leader in offering investment products focused on crypto assets. Interest in exchange-traded cryptocurrencies has been booming, providing investors with a safer and more liquid way to gain exposure to digital assets. Ripple is a growing blockchain-based digital payment network that is gaining traction thanks to its rapid speed and reliability,” Hector McNeil, co-Founder and co-CEO at HANetf, said.

    To enhance its digital assets portfolio of exchange-traded cryptocurrencies (ETCs) in Europe, ETC Group, one of the largest providers of institutional-grade digital asset-backed securities, has recently announced the listing of XRPetc (ETC Group physical XRP) on Xetra.

    The product is available under the ticker symbol GXRP. ETC Group already has a broad list of institutional-grade crypto exchange-traded products, including leading digital assets like BTC, ETH, Solana, and Cardano. With the launch of XRP-backed ETC on Xetra, the Group is planning to facilitate its clients in Europe.

    “Ripple is rapidly becoming a leader in global payment systems with hundreds of financial institutions choosing Ripple to provide better international payments experience for their customers, in real-time. By launching this latest ETC to our expanding portfolio of high quality, physically-backed digital assets, we’re continuing to grow our offering to investors, providing access to an increasingly wide range of digital currencies and assets – especially those amassing large market caps,” Bradley Duke, Founder and co-CEO at ETC Group, commented.

    XRP

    XRP is one of the most valuable cryptocurrencies in the world. According to Coinmarketcap’s recent data, XRP is the 6th largest digital currency with a market cap of more than $35 billion.

    According to ETC Group, its newly launched XRP-backed ETC will be marketed and distributed by HANetf.

    “We are delighted to partner with ETC Group again to offer a new ETC backed by XRP. ETC Group, in partnership with HANetf, has established itself as a market leader in offering investment products focused on crypto assets. Interest in exchange-traded cryptocurrencies has been booming, providing investors with a safer and more liquid way to gain exposure to digital assets. Ripple is a growing blockchain-based digital payment network that is gaining traction thanks to its rapid speed and reliability,” Hector McNeil, co-Founder and co-CEO at HANetf, said.

    [ad_2]

    Source link

  • FTX US Makes Strategic Investment in IEX Group

    FTX US Makes Strategic Investment in IEX Group

    [ad_1]

    FTX US, a leading platform for the trading of digital assets, announced today that the company has entered into an agreement to make a strategic investment in IEX Group. Both companies are planning to establish a simple and transparent market structure for digital asset securities.

    The mentioned deal, which is subject to closing conditions and regulatory approvals, is expected to close next month. The partnership between the two companies will assist retail and institutional investors to access digital assets in an inclusive way.

    The latest investment news from FTX US came nearly 2 months after the digital asset trading platform raised $400 million in its Series A funding round. In addition, the company topped the valuation of $8 billion.

    Commenting on the recent investment in IEX, Sam Bankman-Fried, the CEO of FTX and FTX US, said: “Investing in IEX created a tremendous opportunity for FTX US. With this investment, we’re aligned with one of the most trusted and innovative companies in equities markets. We will collaborate on the further establishment of crypto market structure and work closely with regulators, allowing institutions around the world to enter the marketplace seamlessly.”

    Crypto Assets

    Digital currencies have gained immense popularity among retail and institutional investors during the past few years. Brad Katsuyama, the CEO and Co-Founder of IEX, said that the crypto industry needs to engage with regulators to unlock its full potential.

    “From the first conversation with Sam, it was clear to me that FTX and IEX were truly aligned on the future potential for digital assets and the unique roles our firms could play as partners in shaping market structure that benefits the end investor. We both see the regulators as important allies in providing a clear path forward and attaining the highest possible standards for investor protection,” Katsuyama said in the press release.

    FTX US, a leading platform for the trading of digital assets, announced today that the company has entered into an agreement to make a strategic investment in IEX Group. Both companies are planning to establish a simple and transparent market structure for digital asset securities.

    The mentioned deal, which is subject to closing conditions and regulatory approvals, is expected to close next month. The partnership between the two companies will assist retail and institutional investors to access digital assets in an inclusive way.

    The latest investment news from FTX US came nearly 2 months after the digital asset trading platform raised $400 million in its Series A funding round. In addition, the company topped the valuation of $8 billion.

    Commenting on the recent investment in IEX, Sam Bankman-Fried, the CEO of FTX and FTX US, said: “Investing in IEX created a tremendous opportunity for FTX US. With this investment, we’re aligned with one of the most trusted and innovative companies in equities markets. We will collaborate on the further establishment of crypto market structure and work closely with regulators, allowing institutions around the world to enter the marketplace seamlessly.”

    Crypto Assets

    Digital currencies have gained immense popularity among retail and institutional investors during the past few years. Brad Katsuyama, the CEO and Co-Founder of IEX, said that the crypto industry needs to engage with regulators to unlock its full potential.

    “From the first conversation with Sam, it was clear to me that FTX and IEX were truly aligned on the future potential for digital assets and the unique roles our firms could play as partners in shaping market structure that benefits the end investor. We both see the regulators as important allies in providing a clear path forward and attaining the highest possible standards for investor protection,” Katsuyama said in the press release.

    [ad_2]

    Source link

  • Tezos Partners with Misfits Gaming Group

    Tezos Partners with Misfits Gaming Group

    [ad_1]

    Recently, the blockchain company, Tezos announced that it has formed a collaboration with Misfits Gaming Group (MGG). Through a multi-year partnership deal, Tezos has become an official blockchain partner of the global eSports company.

    In addition, MGG is planning to expand its presence in the blockchain ecosystem. The firm is introducing Block Born, a dedicated blockchain gaming community. In the partnership announcement, MGG highlighted the growing popularity of blockchain-based gaming projects.

    MGG believes that Block Born will support the growth of the gaming community. Moreover, all Block Born tournaments will be carbon neutral.

    “Gaming can do a lot better, and blockchain technologies will help get us there,” said Vas Roberts, the EVP of Partnerships at Misfits Gaming Group. “By building new practices upon a decentralized, indexed platform, we’ll reimagine how we work with our community, peers and partners. Tezos will help us share new levels of access, equity and decision-making, and we’re thrilled to pioneer how blockchain can help gaming organizations redefine how they operate.”

    Tezos has increased its marketing and branding activities substantially since the start of 2022. The blockchain firm recently inked a partnership deal with Manchester United.

    The latest deal with MGG will encompass marquee branding and sponsorship rights.

    Sponsorships

    eSports and gaming firms developed several sponsorship partnerships with some of the leading crypto and blockchain firms in 2021. The trend has witnessed a continuation in 2022 as well. In January 2022, Gen.G, a global eSports organization, confirmed a collaboration with the South Korean digital exchange, Bithumb.

    “At such an exciting time for the broader gaming and esports industries, Misfits Gaming Group’s choice of Tezos as its official blockchain adds to the momentum that is growing for blockchain gaming, with community building and player engagement as a priority. I believe that Tezos’ sustainability and its unique ability to adapt to rapidly evolving technology is perfectly aligned to support MGG’s laudable goals,” added Mason Edwards, the Chief of Staff at Tezos Foundation.

    Recently, the blockchain company, Tezos announced that it has formed a collaboration with Misfits Gaming Group (MGG). Through a multi-year partnership deal, Tezos has become an official blockchain partner of the global eSports company.

    In addition, MGG is planning to expand its presence in the blockchain ecosystem. The firm is introducing Block Born, a dedicated blockchain gaming community. In the partnership announcement, MGG highlighted the growing popularity of blockchain-based gaming projects.

    MGG believes that Block Born will support the growth of the gaming community. Moreover, all Block Born tournaments will be carbon neutral.

    “Gaming can do a lot better, and blockchain technologies will help get us there,” said Vas Roberts, the EVP of Partnerships at Misfits Gaming Group. “By building new practices upon a decentralized, indexed platform, we’ll reimagine how we work with our community, peers and partners. Tezos will help us share new levels of access, equity and decision-making, and we’re thrilled to pioneer how blockchain can help gaming organizations redefine how they operate.”

    Tezos has increased its marketing and branding activities substantially since the start of 2022. The blockchain firm recently inked a partnership deal with Manchester United.

    The latest deal with MGG will encompass marquee branding and sponsorship rights.

    Sponsorships

    eSports and gaming firms developed several sponsorship partnerships with some of the leading crypto and blockchain firms in 2021. The trend has witnessed a continuation in 2022 as well. In January 2022, Gen.G, a global eSports organization, confirmed a collaboration with the South Korean digital exchange, Bithumb.

    “At such an exciting time for the broader gaming and esports industries, Misfits Gaming Group’s choice of Tezos as its official blockchain adds to the momentum that is growing for blockchain gaming, with community building and player engagement as a priority. I believe that Tezos’ sustainability and its unique ability to adapt to rapidly evolving technology is perfectly aligned to support MGG’s laudable goals,” added Mason Edwards, the Chief of Staff at Tezos Foundation.

    [ad_2]

    Source link

  • MRHB DeFi Expands Asia Presence with Strategic Investment from Sinofy Group | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Expands Asia Presence with Strategic Investment from Sinofy Group | by Bit Media Buzz | Dec, 2021

    [ad_1]

    Bit Media Buzz

    Melbourne, Australia, December 2nd, 2021 — The world’s first inclusive and ethical DeFi ecosystem platform MRHB DeFi has received a strategic investment from Sinofy Group, a tech consulting management firm headquartered in Shanghai. Sinofy supports revolutionary tech companies to help them gain prominence in the world’s most digitally connected regions — China and Southeast Asia.

    A Partnership that goes beyond financial investment

    The investment includes a strategic partnership which sees MRHB DeFi join hands with Sinofy to fulfil the former’s vision of bringing an ethical, community-first focus to the world of decentralized finance. Sinofy Co-founder and angel investor Amirsan Roberto has taken the partnership a step further and joined the halal DeFi ecosystem startup as the Head of Investments and Partnerships.

    “Joining as Head of investments and Partnerships is a reflection of my commitment to and conviction in Marhaba’s vision,” explains Amirsan Roberto. “This is the first step we are taking in establishing our group venture fund and we are honored to have MRHB DeFi as our first institutional investment.”

    “We welcome Amir and Sinofy Group as part of the Marhaba family of partners and investors,” says Naquib Mohammed, CEO and founder of MRHB DeFi. “Since our early beginnings, Sinofy has actively supported our marketing efforts and aligning Marhaba with Sinofy’s deep regional expertise will bring us more visibility across Asia and beyond.”

    A Technical and Intellectual Collaboration

    Indeed the partnership will also see the parties collaborating on Sinofy East European Division’s upcoming We_Challenge 2021 Hackathon in Ukraine. With a gathering of 1,500 participants, 50 global media partners, 20 IT communities and 10 strategic partners, the hackathon is gearing up to be one of the most anticipated developer conventions in the region.

    MRHB DeFi will be coming on as an Official Sponsor at the event, with CTO Deniz Daikilic providing a keynote address as well as engaging in a panel discussion that includes CEO Naquib Mohammed and Head of Investments & Partnerships Amirsan Roberto.

    The Focus on Community and Ethics

    MRHB DeFi recently closed its Pre-Public Sale 2, an open, community-focussed offering to provide pre-IDO access and pricing to its loyal community members. The rousing success of the sale is further validation of the massive interest for DeFi services rooted in ethics and inclusion.

    MRHB DeFi was founded with a vision of providing excluded and crypto-cautious communities greater access to the growing opportunities and utilities of the cryptoverse. The project is underpinned by offering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many values upheld by the halal platform also align with the United Nations Sustainable Development Goals. Business practices deemed ethical include those that avoid interest, usury, social exploitation as well as support sustainability, asset or utility backed financing, transparency and equitable risk-reward sharing. These principles have universal appeal far beyond the faith conscious community.

    With the Islamic Finance market sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    Sinofy Group has now joined the host of strategic investors in MRHB DeFi who are on board to bring DeFi innovation to the Islamic finance industry. To date, investors include Sheesha Finance, Blockchain Australia, Mozaic, Contango Digital Assets, NewTribe Capital, Acreditus Partners, EMGS Group, MKD Capital and a grant from Polygon Technology.

    About MRHB DeFi

    MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    About Sinofy Group

    Sinofy Group is an end-to-end tech consulting management firm headquartered in Shanghai, offering a range of services across blockchain, fintech, cybersecurity, robotics, medtech, gaming, AI/ML and AR/VR industries.

    The company deals with customized solutions built to “Sinofy, Fund, and Empower” tech companies in the world`s most digitally connected region — China and Southeast Asia. To date, they have worked with innovative tech brands seeking to expand their digital reach and penetrate into new markets. Their vast global network brings a world-class blend of expertise and support.



    [ad_2]

    Source link

  • European Central Bank announces digital euro advisory group members

    European Central Bank announces digital euro advisory group members

    [ad_1]

    The European Central Bank (ECB) has announced the formation of a Market Advisory Group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of industry spearheads.

    The group also aims to uncover the digital euros optimal function within the pan-European currency’s vast payments ecosystem. 

    The group includes a number of well-established experts from the banking and financial sector, including Aleksander Kurtevski, managing director of Bankart, Antonio Macías Vecino, head of payments discipline at BBVA and Axel Schaefer, payment regulation and innovation specialist at Ingka Group (Ikea), among others.

    It is expected that initial consultation meetings will commence in November 2021 and will operate on a monthly basis. The 30 members will work in advisory roles and report their findings for consideration in retail payments discussions within the Euro Retail Payments Board (ERPB).

    In mid July this year, the Governing Council of the ECB disclosed plans to commence a two-year preliminary research initiative into the feasibility of the digital euro project, assessing parameters such as infrastructure creation, distribution and design, with an assured intention to “complement cash, not replace it.”

    Related: Stablecoins are assets — not currencies, says ECB president

    ECB Board Member Fabio Panetta expressed his high-expectations for the project’s success:

    “I am pleased that many high-quality experts from the private sector are willing to contribute to the digital euro project. Their expertise will facilitate the integration of prospective users’ and distributors’ views on a digital euro during the investigation phase.”

    This is a developing story, so more detail will be added shortly.