Quick Take
- Charles Schwab is weighing the possibility of launching a crypto brokerage.
- The service would rely on the tech of a crypto-native partner, according to sources.
The survey results suggest Bitcoin’s reputation is shifting to a legitimate currency in the minds of investors, but the coin hasn’t lost its association with crime.
The post JPMorgan survey shows 78% of institutional investors aren’t likely to invest in crypto appeared first on The Block.
Payments company Square is buying a majority stake in Tidal, the music streaming service.
The post Square acquires majority stake in music streaming service Tidal appeared first on The Block.
The NYDFS issued the crypto custodian its New York Trust license, according to an announcement from the company.
The post BitGo becomes latest crypto firm to earn trust license from New York regulator appeared first on The Block.
Rock band Kings of Leon plans to release three non-fungible tokens (NFTs) with its new album, which is entitled “When You See Yourself.”
The post Kings of Leon to release its new album as an NFT appeared first on The Block.
Crypto derivatives exchange BitMEX is considering offering three new services: Spot trading, brokerage, and custody.
The post BitMEX considers adding spot trading and custody services appeared first on The Block.
Crypto exchange and custodian Gemini has launched a new dedicated service for fund managers, including bitcoin exchange-traded fund (ETF) providers.
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Quick Take
- Avon Ventures is a digital asset venture capital firm based in Boston, Massachusetts, and affiliated with FMR LLC, the parent company of Fidelity Investments
- Led by Sachin Patodia, the fund’s main area of focus to date has been geared toward companies that are enabling infrastructure that will help grow the ecosystem and capture value for digital assets
- In total, the firm’s active portfolio consists of at least 11 startups across seven verticals, which The Block has mapped out
DeFi project Meerka Finance has just said it has been drained by $31 million worth-of crypto due to a hack. But it may not as simple as that.
The post Rug pull? DeFi project Meerkat drained by $31 million on Binance Smart Chain appeared first on The Block.
Malta-based crypto and blockchain investment group Cryptology Asset Group has led a $30m Series B investment in nextmarkets, the neo-broker headquartered in Cologne.
The post Cryptology Asset Group leads $30m investment in Nextmarkets appeared first on The Block.
