Deutsche Bank Joins JPMorgan’s Crypto Payments Network

JPMorgan’s blockchain-based payments initiative has added Deutsche Bank as its latest member. The addition brings the total number of banks signed up for the Interbank Information Network (IIN) to 320, according to a report from the Financial Times on Sunday. Announced in October 2017, IIN is built on Quorum, the ethereum-based blockchain network developed by the banking […]

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Tagomi Rollout Paves Way for Institutional Crypto Shorting

Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors could not short cryptocurrencies as rapidly as they might short an equity position […]

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Rebranded TrueDigital Partners for ‘Imminent’ Launch of Bitcoin Derivatives

Institutional digital assets platform Tassat, formerly known as trueDigital, has teamed up with trading software provider AlgoTrader in the run up to its launch of cryptocurrency derivatives. The deal will see Tassat provided access to AlgoTrader’s institutional clients for the planned derivatives instruments. Meanwhile, those clients will benefit from being able to incorporate the products in their trading […]

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Huobi Plans Backdoor IPO Attempt in Hong Kong, Document Suggests

Cryptocurrency exchange Huobi appears to be inching towards a reverse initial public offering (IPO), according to a document posted with Hong Kong Stock Exchange (HKEX). In the filing, dated Sept. 10, Hong Kong-listed electronics manufacturer Pantronics Holdings Limited, acquired by Huobi last August, disclosed it will change its name to Huobi Technology Holdings Limited. The company […]

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