AI-Powered Securitization Set to Transform Finance with TeamSec
TeamSec, the world’s first AI-powered securitization platform, wants to change the structured finance industry. It offers securitization-as-a-service, making the process easier and more transparent for financial institutions and investors. Deniz Ventures, the venture capital fund of DenizBank, and Rasmal Ventures,...
Bitwise ETF Gets SEC Approval, Now Awaiting Final S-1 Clearance For Trading
The US Securities and Exchange Commission (SEC) has agreed to the 19B-4 request for Bitwise’s Bitcoin-Ethereum exchange-traded fund (ETF). This choice brings NYSE Arca closer to letting people buy and sell shares of the fund. In its message, the SEC...
Bitfarms Engages ASG And WWT for HPC And AI Integration Feasibility
Bitfarms Ltd., a Bitcoin mining company listed on Wall Street, has hired two consulting firms, Appleby Strategy Group (ASG) and World Wide Technology (WWT). These firms will look at how possible it is to add high-performance computing (HPC) and artificial...
XTB Reports More Clients And Higher Profits In 2024
XTB finished 2024 well, showing good financial and business results. The online trading company also got many new clients, adding almost 500,000 in one year, an increase of 59.8%. This big increase helped push revenue up by 15.8%, and net...
Swan Raises €42 Million To Expand Financial Services
Swan, a French startup, has raised €42 million in funding to help its business grow. This is the second part of the Series B funding that started in September, two years ago. The funds will be used to expand Swan’s...
Euroclear And Microsoft Form 7-Year Partnership
Euroclear has shared exciting news. It is teaming up with Microsoft for a new partnership that will last for seven years. The goal is to ensure Euroclear services are improved and better. The two companies plan to use Microsoft’s smart...
Santander UK’s Chair Announces Departure By 2025
Santander UK's Board Chair person has publicly announced that he would be resigning from the bank. Report revealed that William Vereker will be stepping down this year 2025, immediately after an in-depth appointment process and proper handover have been finalized....
UBS Launches UBS Red, A Powerful AI Assistant For Advisors
UBS carried out a large data change to help build two special AI assistants, named UBS Red. Built with Azure OpenAI Service and Azure AI Search, these AI tools help client advisors when talking to customers. UBS Red works in...
Grayscale Joins The Race To Get XRP ETF Approval
It has been a year since Bitcoin ETF finally emerged in the US, and only a short time later, Ethereum ETF also emerged on US stock exchanges. Now, companies that managed to push the previous two crypto funds are entering...
CySEC Moves To Strengthen Cyprus Stock Exchange For Economic Growth
The Cyprus Securities and Exchange Commission (CySEC) has shared a new plan to help the Cyprus Stock Exchange (CSE). The goal is to bring back investor interest and help businesses grow. CySEC wants the stock exchange to play an important...
Formance Secures $21 Million In Series A To Expand Financial Solutions
Formance, a company that provides open-source financial tools, has received $21 million in a Series A funding round. The company plans to use this money to grow its Ledger and other solutions that help developers create financial systems and products....
Delta Capita Partners With HSBC For Better Financial Services
Delta Capita, a company that works with financial technology and services, has signed a long-term deal with HSBC. The firm said the new agreement will help HSBC handle global OTC derivatives. The goal is to improve HSBC’s services and give...
FCA Issues First Fine Under UK MiFIR For Reporting Failures
The Financial Conduct Authority (FCA) has fined Infinox Capital Limited for failing to report thousands of transactions. The fine is the first one under the UK Markets in Financial Instruments Regulation (MiFIR). The British regulator, according to the update, charged...
Robinhood Unlocks CME Group’s Futures For More Trading Options
CME Group and Robinhood Derivatives, LLC have started offering futures trading on the Robinhood mobile app. The rollout will grow over the next few weeks to reach all Robinhood customers in the United States who can use it. Julie Winkler,...
S&P 500 Index Sees A Recovery After The Monday Crash
The start of this week has brought a massive price crash in the stock market, following the release and overnight success of Chinese AI startup, DeepSeek. However, by Wednesday, the recovery has already started, and the S&P 500 Index (US...