To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a “liveness check.” Digital asset company Securitize Capital is set to tokenize $491 billion asset management firm KKR’s Health Care Strategic Growth Fund II (HCSG II) on the Avalanche blockchain. The news was...Continue Reading

Apollo Capital CIO Henrik Andersson said there will come a point when not investing in crypto will be a “career risk.” Henrik Andersson, CIO of crypto asset fund manager Apollo Capital believes institutions may soon “flip” on their conservative stance towards crypto.  Speaking to Cointelegraph, the Melbourne-based crypto fund manager said that while institutional interest...Continue Reading

The foundation apparently does not intend to create its own digital wallet, however. Its’ goal is to make it easier for companies to create wallets for themselves. The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation...Continue Reading

Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July. Crypto lending platform Celsius, currently in the middle of bankruptcy proceedings, reportedly plans to rebuild around crypto custody services. According to a Tuesday report from the New York Times,...Continue Reading

The service provider also announced the launch of a new system upgrade to increase yield efficiency. RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore.  The company said the decision to move countries and...Continue Reading

The kingdom in the Persian Gulf is taking its latest step in transforming its economy away from oil with the Bitcoin and Lightning Network infrastructure provider’s trial. Bitcoin infrastructure provider OpenNode will test a Bitcoin payment processing and payouts solution in the Central Bank of Bahrain’s (CBB) regulatory sandbox, the company announced Sept. 13. This...Continue Reading

The message-system processes over five billion transactions a year and seeks to maintain its relevance by integrating disruptive technologies to its business. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) disclosed on Tuesday a partnership with fintech company Symbiont to provide more accurate data for financial firms through blockchain technology.  Vanguard, Citigroup, American Century Investments, and...Continue Reading