Rootoshi
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11 months agoPaxos Receives Regulatory Approval to Expand Stablecoin Products to Solana Blockchain
The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on Jan. 17, 2024. This expansion is a significant step for Paxos, as it…
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bob wrote a new post
11 months agoPaxos Expands Stablecoin Issuance to Solana Blockchain, Boosting Solana's Growth
Paxos, a blockchain and tokenization infrastructure platform, is expanding its stablecoin issuance to the Solana blockchain, marking its first expansion beyond Ethereum. Solana was chosen for its fast transaction…
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bob wrote a new post
11 months agoPaxos Receives Approval to Expand Stablecoin Operations to Solana Blockchain
Stablecoin issuer Paxos has received approval from the New York Department of Financial Services (DFS) to expand its operations to the Solana blockchain. This move comes after a thorough review process by the DFS,…
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11 months agoRobey Warshaw Increases Pay for Top Deal Makers to £28m as Revenue Soars
Robey Warshaw, a boutique investment banking firm known for its expertise in advising FTSE 100 companies on major deals, has increased the pay for its top dealmakers. According to recently filed accounts on…
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bob wrote a new post
11 months agoRobey Warshaw Increases Pay for Top Deal Makers to £28m as Revenue Soars
Robey Warshaw, the investment banking boutique known for its expertise in advising FTSE 100 firms on major deals, has increased the pay for its top dealmakers. According to recently filed accounts on Companies…
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bob wrote a new post
11 months agoUBS's M&A Revenues Surge Amidst Challenging Financial Landscape
UBS, the Swiss investment bank, has seen a significant turnaround in its M&A division. After a challenging period last year, where revenues were down 58%, the bank has managed to rescue Credit Suisse’s M&A b…
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11 months agoUBS Balances Retention Bonuses and Layoffs Amid Credit Suisse Merger
UBS, the Swiss bank, is facing the challenge of integrating Credit Suisse after its $3.25bn acquisition. While UBS has spent $500m on retention bonuses to keep key employees from Credit Suisse, it has also laid off…
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11 months agoUBS Bolsters Investment Bank with 200 Senior Credit Suisse Bankers
UBS has made a significant move to strengthen its investment banking division by hiring around 200 senior bankers from Credit Suisse. This comes after the Swiss government’s approval of a $3.25 billion deal b…
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bob wrote a new post
11 months agoRobey Warshaw Increases Pay for Top Deal Makers as Revenue Soars
Robey Warshaw, the investment banking boutique known for its expertise in advising FTSE 100 firms on major deals, has increased the pay for its top dealmakers. According to recently filed accounts on Companies…
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bob wrote a new post
11 months agoUBS Forms New Executive Client Group to Focus on Major Clients
UBS, the Swiss bank, has announced the formation of a new team called the executive client group. This team, consisting of nine top dealmakers, will be led by Ros L’Esperance, the former global co-head of i…
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bob wrote a new post
11 months agoUBS Forms Elite Team to Manage Key Corporate Clients Globally
UBS has formed a new unit called the Executive Client Group, which consists of nine top bankers from the merged bank. Led by Ros L’Esperance, the team will manage key corporate clients globally and directly n…
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11 months agoUBS Seizes Opportunity to Rebuild US Investment-Banking Business
UBS executives are seizing an opportunity to revive their U.S. investment-banking business, which has fallen behind its competitors. The takeover of local rival Credit Suisse and the challenges faced by other…
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11 months agoBrazilian Blockchain Project Horizon Wins Chainlink's 'High Quality' Award
The Horizon project, created by Brazilian duo Raffaela Loffredo and Barba, has been recognized as one of the winners of the Chainlink Constellation Hackathon’s ‘High Quality’ award. This innovative project opera…
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11 months agoBordier & Cie Partners with Sygnum to Offer Digital Asset Services in Singapore
Geneva-based private bank Bordier & Cie has partnered with crypto lender Sygnum to offer digital asset services in Singapore. Through this collaboration, Bordier will be able to utilize Sygnum’s i…
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11 months agoSygnum's Pioneering Approach Pays Off in the Digital Asset Industry
Sygnum, a digital-asset bank, stands out from its competitors due to its core values and approach to regulation. The founders firmly believed that cryptocurrencies and digital assets were not temporary trends but…
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11 months agoSygnum Partners with Bordier & Cie to Expand Digital Asset Services in Singapore
Sygnum, the world’s first digital asset bank, has obtained regulatory approval from the Monetary Authority of Singapore (MAS) to launch its regulated Digital Payment Token (DPT) brokerage service in Singapore. W…
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11 months agoSurvey Reveals Overwhelming Support for Crypto and Blockchain in Future of Finance
An overwhelming majority of respondents in a recent survey conducted by digital asset bank Sygnum believe that crypto assets and blockchain technology are crucial for the future of global finance. The survey…
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11 months agoCryptocurrency Market Experiences Massive Surge, Boosting Market Cap by $110 Billion
In the world of cryptocurrency, 2023 has been marked by the emergence of several controversial figures. Karl Sebastian Greenwood, Ian Freeman, and Amir Bruno Elmaani, also known as “Bruno Block,” have made hea…
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11 months agoCalls for Liz Truss's Resignation Grow as Conservative Party Members Express Discontent
Russia has officially integrated its central bank digital currency (CBDC), the digital ruble, into the nation’s tax code. This move signifies a significant step in Russia’s adoption of digital currencies, as Pre…
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11 months agoBasel-Stadt Issues First Digital Bond on Blockchain Platform
The Canton of Basel-Stadt is embracing the benefits of digitalization in its financial procurement processes. With the support of Basler Kantonalbank, it has launched a digital bond worth 105 million Swiss francs.…