Nate DiCamillo

Nate DiCamillo

Latest from Nate DiCamillo


Finance

Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank

Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.

METROPOLITAN: The bank’s crypto business accounts for around 4 percent of total deposits. (Credit: Shutterstock)

Markets

Custody Startup Curv Follows Crypto Demand Into Asia With New Hong Kong Office

Custody startup Curv has expanded into Asia with an office in Hong Kong and a partnership with Japan-based Crypto Garage, the companies announced Friday.

The Curv team, with CEO Itay Malinger at center right.

Finance

Vertalo, tZERO Are Bringing $300M in Real Estate to the Tezos Blockchain

Digital transfer agent Vertalo is teaming up with tZERO and a Pennsylvania investment firm to tokenize $300 million in real estate on the Tezos blockchain.

STOTEL: Hotels in Pennsylvania and Costa Rica will be the first to be tokenized in the deal. (Credit: Shutterstock)

Finance

Factom's Two Employees Press On Despite Investor's Call to Liquidate

Factom, Inc. cut 80 percent of its 10-person staff. “The protocol is going to run whether Factom, Inc. continues or not,” said COO Jay Smith.

Factom signage at the 2015 North American Bitcoin Conference. (Credit: CoinDesk archives)

Finance

Banking API Platform Sila Raises $7.7M on Promise of Programmable Money

The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.

Sila CEO Shamir Karkal (left) with CTO Alexander Lipton, Chief Legal Officer Angela Angelovska-Wilson and COO Isaac Hines. (Credit: Sila)

Finance

Germany's Crypto Custody Law Hits a Snag: Startups Can't Get Bank Accounts

Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts.

Munich, Germany. (Credit: Shutterstock)

Finance

Coinhouse Wins First Crypto License From French Regulator

Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients.

Credit: Shutterstock

Finance

Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report

The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.

PwC Global Crypto Lead Henri Arslanian image via CoinDesk archives

Finance

R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security Tokens

Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.

Singapore. (Credit: Shutterstock)

Finance

HSBC Puts $10B of Private Placements on R3's Corda Blockchain

HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.

HSBC's building in Hong Kong. (Christian Mueller/Shutterstock)