business news


Mercati

Money Transfer Firms Join Ripple's Payment Network

Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.

Coins

Mercati

$65 Million: Blockchain Assets Platform Paxos Raises Series B Funding

Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures and RRE Ventures.

(corlaffra/Shutterstock)

Mercati

PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot

PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.

container ship

Mercati

IDG Backs Crypto Wallet imToken with $10 Million Investment

China-based crypto wallet startup imToken announced on Thursday that it has closed a $10 million Series A round fully funded by IDG Capital.

wallet

Mercati

Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3

U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.

currencies

Mercati

Tradeshift Plans Blockchain Push After $250 Million Funding

Supply chain management firm Tradeshift says it will further expand into blockchain following a $250 million Series E round led by Goldman Sachs.

(Mendenhall Olga/Shutterstock)

Mercati

China's President Endorses Blockchain as Economic 'Breakthrough'

Chinese president Xi Jinping acknowledged the potential of blockchain in a speech this week, endorsing the nascent tech for the first time.

xi

Mercati

BitGo Taps New Sales Exec During Crypto Custody Push

BitGo has announced it hired Bloomberg Tradebook head Josh Schwartz as its new vice president of sales.

tock

Tecnologie

British FX Firm Currencies Direct Pilots Ripple Tech

Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

Coins image via Shutterstock

Mercati

Meet Kakao: How Korea's Largest Mobile Giant Is Embracing Blockchain

Jason Han, CEO of Kakao's blockchain subsidiary Ground X, tells CoinDesk his thoughts on how crypto could impact big business.

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