Search Results for "asset classes"
Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain
China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.
Tech Mahindra Developing India’s Blockchain Education with Idealabs Partnership
Tech Mahindra, an Indian multinational IT company, has inked a partnership with Idealabs, an education technology firm, to boost Indian students and aspiring tech professionals with notable blockchain skillsets. Through the strategic collaboration, curated blockchain professional certification courses will be offered made up of live online classes and expert sessions by gurus in the industry.
1% of your Investment Portfolio Should Be Allocated to Bitcoin - JPMorgan Strategists
JPMorgan recommended a 1% allocation of one’s portfolio into Bitcoin as a way to hedge against the volatility of traditional asset classes.
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.
LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens
LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.
Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility
As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.
Demand for Blockchain Courses Available at 56% of the Top 50 Universities
Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology.
Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions
Elliptic, a London-based provider of crypto-asset risk management solutions, has revealed the launch of Elliptic Discovery, a database of more than 200 worldwide crypto exchanges, that is purposely built for banks in their quest to determine the flow of funds into and out of crypto-assets.
Kraken Brings Crypto Asset Liquidity to Skrill and Neteller
Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.
Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari
Messari lead crypto researcher Ryan Watkins seems to think that in the long-term, Ethereum may appreciate more than Bitcoin (BTC).
Bitcoin Will Be the Best Performing Asset in Two Years by a Big Margin, says Wall Street Veteran
Wall Street veteran and CEO of Real Vision believes that Bitcoin will be the best performing asset in the next two years. Although Bitcoin’s price has struggled to stay above $12,000 twice this month, he thinks that the world’s first cryptocurrency could rally to $100,000 soon, even mentioning the $1 million threshold.
Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina
Binance.US has now expanded its digital asset trading services to include North Carolina investors.