Users in California, Massachusetts, Missouri, Montana and New Hampshire will now have access to trade bitcoin and ethereum commission free; Robinhood plans to open to most states by the middle of 2018; over 4 million people have signed up for accounts with Robinhood. Source
Blockchain ETFs have received a lot of interest over the last two weeks and have raised almost $260 million; however, Bloomberg explores that the makeup of these ETFs contain many household names such as Cisco, Intel, Nvidia and IBM; thus, investors may be paying a high price to invest in stocks they could easily purchase themselves. Source
For investors who want to make an impact on the climate crisis, Ziggma provides data on companies' financial performance and their footprint.
CB insights has compiled a list of the top European venture capitalists by country based on the number of portfolio companies they have backed; the list focused on the most active investors of the last five years and included VCs, corporate VCs, growth equity firms and super angels. Source.
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Hi there and welcome to Funded, where we spotlight the early-stage bets on the future of tech. Today, we look...
One of China's e-commerce giants, Baidu, has obtained regulatory approval for Baixin Bank; follows banking sector business activity from competitors Alibaba and Tencent; the banking unit will be digital only, offering online banking, telephone banking, ATM and mobile banking services; Baidu owns 30% of Baixin Bank and will work in partnership with China CITIC Bank which currently owns 70% of the bank. Source
Here are the most read news stories from our daily newsletter today: States sue FDIC over ‘rent-a-bank’ partnerships Exclusive: Wirecard...
Microsoft has partnered with AMIS and the Industrial Technology Research Institute of Taiwan to form Asia's first blockchain consortium; the partnership will build on the success of Microsoft's Blockchain-as-a-Service (BaaS) on Microsoft Azure which it announced in April; the consortium will focus on blockchain solutions that provide increased efficiency and cost savings for companies in Taiwan. Source
In this episode, the founder and managing partner of Fin Capital, Logan Allin, shares his thoughts on the current state of venture capital funding for fintech and his advice for founders on getting through the downturn...
Cybersecurity is one of today’s most critical needs, but it is also a source of opportunity in Latin America. The region has the talent, will and potential to construct a far more modern and impenetrable security infrastructure on a blank slate, writes Sebastian Stranieri, founder and CEO of VU.