2021 – a year of growth According to AlgoTrader, 2021 was a year of record growth for it, driven by growth of crypto funds and the exposure of leading banks to the digital asset ecosystem. The company is expecting a surge in demand for its products. Andy Flury, CEO of AlgoTrader, commented: As we pursue…
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Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury, said: At CFI, we always look to transcend the previous milestone and this time around, we believe that with this largely unique and unmatched product, we have managed to deliver on our promise of providing an ever-expanding range of products where traders…
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The reports stated that $50 million were stolen from crypto exchanges in North America, Europe and Asia during the period between 2020 and mid-2021. A report from cybersecurity firm Chainalysis was also cited saying that North Korea conducted seven attacks on crypto platforms last year and stole approximately $400 million worth of digital assets. The…
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Moreover, BaFin highlighted that there are many investment tips circulating on social media about crypto stocks and other financial products which are not reliable. They may even be false, misleading or fictitious. BaFin stated in the official warning: Digital, lucrative and trendy: this is the image that crypto assets now have among private investors. However,…
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Quoine integration Following Liquid’s acquisition by the FTX, Quoine will integrate FTX's products and services into its own offering, according to the official announcement. FTX's existing Japanese customers will be migrated to Quoine's platform. FTX has also agreed to provide Liquid’s existing Japanese users with services in compliance with Japanese laws. From 30 March 2022…
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ESG ETFs were the most popular categories in Europe at €33.6 billion in turnover, climbing 176% YoY. Xetra remained the largest exchange venue for ESG ETFs in terms of trading turnover and number of listed ETFs. Stephan Kraus, head of Deutsche Börse's ETF segment, said: Continued strong growth in our ESG segment reaffirms how mission-critical…
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Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…
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TP ICAP’s new Digital Assets Platform The latest addition to the platform follows Flow Traders, Jane Street and Virtu Financial also joining. They will ensure competitive prices for buyers and sellers on the platform. TP ICAP’s new Digital Assets Platform is in the process of registering with the UK FCA. The platform will include a…
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ESG impact small stakeholders in the corporate and investment sectors and SGS recognises that. Its ESG services are designed to meet the needs of a variety of organizations, regardless of their maturity level, industry focus or requirements. Mark Blick, CEO, Diginex, commented: We are now entering a new phase of ESG reporting, primarily driven by…
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Terms of the acquisition Upon finalizing the acquisition, NFT will gain 100% of the issued share capital of Pluto for 2.4 billion new ordinary shares in NFT, trading at 4p per a piece. The acquisition is formed as a reverse takeover of NFT. If the Pluto shareholders vote in favour, they will hold 70.5% of…
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