In a significant move towards fostering innovation in the asset management sector, the Economic Secretary to the Treasury’s Asset Management Taskforce, following its re-establishment in April 2023, has unveiled a Technology Working Group. Chaired by Michelle Scrimgeour, CEO of Legal and General Investment Management (LGIM), the group comprises industry experts collaborating closely with the Financial […]
Asset management firm Superstate has successfully closed the first round of its Series A financing, securing $14 million in capital. The funds will be utilized to expand the team, introduce private funds to institutional investors, and establish a framework for compliant, tokenized, publicly registered investment funds. The Series A round was co-led by Distributed Global […]
Ledger and Cathay Innovation just announced the launch of a €100M ($110M) early-stage venture fund dedicated to unlocking the opportunities of Web3 worldwide, covering cryptocurrencies, decentralized finance (DeFI), blockchains, NFTs, DAOs and the tokenization of everything. Supported by French public investment bank Bpifrance, Ledger Cathay Capital is a partnership between Ledger, the leading crypto-security platform securing 20% […]
