Bank of New York Mellon, America’s oldest bank, has announced plans to hold, transfer, and issue bitcoin and other cryptocurrencies as an asset manager on behalf of clients.
TokenSoft, a leading technology platform for blockchain-based securities, is partnering with tZEROs ATS (Alternative Trading System) to allow accredited and retail investors to trade security tokens shares of businesses and real estate.
Payments giant PayPal is going “all in” on crypto services—it wants users to be able fund their accounts with crypto “late this quarter,” and to use these funds whenever they shop at their 29 million merchants.
The revenue for bitcoin miners—who solve complex equations to create bitcoins—has surpassed the level seen in January 2018, which was at $1.02 billion.
The card giant works with wallets and exchanges to enable crypto purchases, and could eventually use digital currencies over blockchain in the same way it processes traditional money.
Cryptocurrency exchange Coinbase will use a direct listing rather than an IPO to go public, which will remove the need to price and sell a block of new equity.
The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after several new trusts were filed in the Delaware corporate registry.