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IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian


According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...

Almost 70 Crypto Funds Close This Year, Twice as Many Launch


Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches...

Bitcoin.com to Launch $200 Million BCH Ecosystem Investment Fund


Bitcoin.com is planning a major step toward promoting the growth of the BCH ecosystem. A $200 million fund will empower developers to offer new capabilities to bitcoin cash users as well as give institutional investors a chance to capitalize on the future of the cryptocurrency. Also Read:...

NY Regulator Licenses Fidelity for Bitcoin Trading and Custody


Fidelity Investment’s digital currency arm has been licensed by the New York Department of Financial Services to operate a platform on which individuals and institutional investors can store, purchase, sell, and transfer bitcoin. The regulator also revealed that it has to date approved...

Bakkt Launches Institutional Bitcoin Custody Business


Bakkt, the reputed cryptocurrency exchange and the subsidiary of Intercontinental Exchange has launched its Bitcoin custodian services named the “Bakkt Warehouse” on September 6. The new platform allows the investors to buy and store cryptocurrency on a federally regulated market. This...

BitGo Announces the Launch of First Institutional-grade Wallet for TRX


In one of the historical developments, BitGo has announced the launch of the first multi-signature wallet and custody solution for the TRX. It means BitGo is going to power the multi-signature security feature for TRX token besides acting as custodian for TRON’s platform. BitGo, the leader...

Bakkt Aims to Lure Institutional Investors With a New Product


Crypto trading platform Bakkt announced the launch of the first regulated options contract for Bitcoin futures. Bakkt, the U.S.-based physically-settled Bitcoin futures trading platform, was finally launched a month ago, after a long time and many high expectations. Now, according to their...

CME Bitcoin Futures Sees Institutional Interest and Demand from Asia


Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...

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