Global digital asset banking group Sygnum has successfully secured over $40 million in an interim close of its Strategic Growth Round, surpassing the initial target of approximately $35 million. Azimut Holding, a global asset management group, is the lead investor for this round, joined by both new and existing strategic and financial investors. Sygnum’s post-money […]
JPMorgan Chase takes progressive steps in the business-to-business (B2B) payment landscape by leveraging blockchain technology for its B2B clients. The financial giant, through its digital asset and blockchain unit, Onyx, launched programmable payments. This innovative feature is tailored for blockchain-based accounts using the JPM Coin digital currency system. Programmable payments, driven by smart contracts and […]
In a strategic move to cater to the evolving needs of institutional clients, HSBC has announced plans to introduce a cutting-edge digital assets custody service in 2024. This initiative marks a significant step in HSBC’s digital transformation journey and aims to provide comprehensive support for institutional investors engaged in tokenized securities. HSBC has partnered with […]
