Ministry of National Education (France)

Bitget's Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility

Retrieved on: 
Monday, April 24, 2023

VICTORIA, Seychelles, April 24, 2023 /PRNewswire/ -- Bitget , the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility.

Key Points: 
  • VICTORIA, Seychelles, April 24, 2023 /PRNewswire/ -- Bitget , the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility.
  • BGB is a utility token that plays a vital role in Bitget's ecosystem, with a circulating supply of 1,400,000,000 BGB coins and a total supply of 2,000,000,000.
  • The decision to list BGB on Bitfinex comes in response to the increasing demand for the token in the market.
  • A BGB buyback and burn mechanism are also being considered to reduce the token's circulating supply and eventually boost its value.

BGB Updated Whitepaper reveals plan for new utilities and burn mechanism

Retrieved on: 
Monday, April 24, 2023

VICTORIA, Seychelles, April 24, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform has released an updated whitepaper edition for its native token BGB .

Key Points: 
  • VICTORIA, Seychelles, April 24, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform has released an updated whitepaper edition for its native token BGB .
  • The updated BGB token whitepaper reveals the roadmap of the asset's development, outlining the use case scenarios and economics it will be based on.
  • The innovative side of the asset is described in full throughout the document, including a number of utilities under development, which aim to bring more benefits to BGB holders.
  • As part of the token's economic side, a BGB buyback and burn mechanism are also being considered to reduce the token's circulating supply and eventually boost its value.

BGB Updated Whitepaper reveals plan for new utilities and burn mechanism

Retrieved on: 
Monday, April 24, 2023

VICTORIA, Seychelles, April 24, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform has released an updated whitepaper edition for its native token BGB .

Key Points: 
  • VICTORIA, Seychelles, April 24, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform has released an updated whitepaper edition for its native token BGB .
  • The updated BGB token whitepaper reveals the roadmap of the asset's development, outlining the use case scenarios and economics it will be based on.
  • The innovative side of the asset is described in full throughout the document, including a number of utilities under development, which aim to bring more benefits to BGB holders.
  • As part of the token's economic side, a BGB buyback and burn mechanism are also being considered to reduce the token's circulating supply and eventually boost its value.

Institutional On-Chain Finance Startup Fractal Announces $6M Seed Raise

Retrieved on: 
Monday, April 17, 2023

GENEVA, April 17, 2023 /PRNewswire/ -- Fractal, an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain, announced today it has secured $6M in financing led by Hack VC. They are joined by a suite of strategic investors including 6th Man Ventures (6MV), Archetype Ventures, Avalanche Ecosystem Fund Blizzard, Circle Ventures, CMT Digital, CoinShares, GoldenTree Asset Management, QCP Capital, Spartan Group, as well as angel investors Akshai Rajendran, Anand Gomes, Josh Frank, Shiliang Tang and Sid Powell. The funding will be used to continue launching institutional-grade products that facilitate capital efficiency, transparency, as well as a simplified user journey.

Key Points: 
  • In the wake of ongoing developments in the CeFi space, institutional interest has intensified in finding fit-for-purpose solutions to facilitate on-chain finance.
  • "We gave Fractal a term sheet the week after the FTX collapse and their team was able to close the round in the 3 weeks following, emphasizing institutional investor confidence.
  • Fractal is well positioned to build the connective tissue and capital efficient solutions between assets on- and off-chain," said Alex Pack, Managing Partner at Hack VC.
  • With over 20 years of experience in financial markets, Itay supports the Fractal team as a strategic advisor.

Institutional On-Chain Finance Startup Fractal Announces $6M Seed Raise

Retrieved on: 
Monday, April 17, 2023

GENEVA, April 17, 2023 /PRNewswire/ -- Fractal, an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain, announced today it has secured $6M in financing led by Hack VC. They are joined by a suite of strategic investors including 6th Man Ventures (6MV), Archetype Ventures, Avalanche Ecosystem Fund Blizzard, Circle Ventures, CMT Digital, CoinShares, GoldenTree Asset Management, QCP Capital, Spartan Group, as well as angel investors Akshai Rajendran, Anand Gomes, Josh Frank, Shiliang Tang and Sid Powell. The funding will be used to continue launching institutional-grade products that facilitate capital efficiency, transparency, as well as a simplified user journey.

Key Points: 
  • In the wake of ongoing developments in the CeFi space, institutional interest has intensified in finding fit-for-purpose solutions to facilitate on-chain finance.
  • "We gave Fractal a term sheet the week after the FTX collapse and their team was able to close the round in the 3 weeks following, emphasizing institutional investor confidence.
  • Fractal is well positioned to build the connective tissue and capital efficient solutions between assets on- and off-chain," said Alex Pack, Managing Partner at Hack VC.
  • With over 20 years of experience in financial markets, Itay supports the Fractal team as a strategic advisor.

Stabolut Launches New Bitcoin-backed, Decentralized Stablecoin, USB

Retrieved on: 
Thursday, April 13, 2023

Stabolut, a startup building a completely new worldwide payments ecosystem, today announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin that is not reliant on banks, called USB.

Key Points: 
  • Stabolut, a startup building a completely new worldwide payments ecosystem, today announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin that is not reliant on banks, called USB.
  • “Stabolut is setting the new industry leading standards for moving financial value across the internet and crypto markets with USB,” said Eneko Knorr, co-founder and CEO of Stabolut.
  • With USB, Stabolut aims to unlock a new era of transparent, privacy-preserving, fast, inexpensive, and interoperable exchange across the globe,” adds Julian Beltran, co-founder and CTO of Stabolut.
  • USB is what we all were looking for.“
    To learn more about the USB stablecoin, visit the Stabolut website.

EQS-News: tokentus investment AG invests via SPV in SBorg SA (SwissBorg), the provider of a digital wealth management application

Retrieved on: 
Saturday, April 15, 2023

The company was founded 5 years ago in Lausanne, Switzerland and is focused on providing a user-friendly and secure platform for buying, selling, and managing digital currencies.

Key Points: 
  • The company was founded 5 years ago in Lausanne, Switzerland and is focused on providing a user-friendly and secure platform for buying, selling, and managing digital currencies.
  • SwissBorg offers a range of products and services, including a multi-currency wallet, smart-order-routing, fiat-to-crypto and crypto-to-crypto exchange, as well as investment management tools.
  • Alongside tokentus, tokentus is of the opinion that many relevant family offices and business angels have invested in this approximately USD 23 million Series A capital round.
  • "Via the investment in SwissBorg, we believe that we can participate in the growth of a renowned player in the intersection of wealth management and the blockchain space in Europe," says Oliver Michel, CEO of tokentus investment AG.

Bitget Launches $100M Web3 Fund to Support Next-Generation Crypto Projects in Asia

Retrieved on: 
Wednesday, April 12, 2023

The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.

Key Points: 
  • The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.
  • The Bitget exchange is adhering to a 'Go beyond derivative' strategy in 2023 with the launch of the Bitget Web3 Fund, which is intended to foster a positive attitude towards the digital currencies economy and support the development of the Web3 environment.
  • The Bitget Web3 Fund will seek out VCs and projects globally but prioritize partners in Asia that have a clear roadmap and an experienced team, and those that offer innovative solutions to real-world problems.
  • That is why the Bitget Web3 Fund will strive to seek out projects that have the most impact on this process.

Fortune Debuts First-of-its-Kind Ranking, The Fortune Crypto 40

Retrieved on: 
Monday, April 10, 2023

NEW YORK, April 10, 2023 /PRNewswire/ -- Today, Fortune debuted the inaugural Fortune Crypto 40, which appears in the April/May 2023 issue of the magazine. This first-of-its-kind benchmark ranking identifies the top five players in eight categories in the crypto space, a recognition "that the industry, which was once defined by crypto trading, is now far broader," explains Fortune Crypto Editor Jeff John Roberts. "We honor a wide range of businesses—from VC firms to NFT shops to data companies to decentralized protocols—that have created major enterprises around blockchain technology."

Key Points: 
  • NEW YORK, April 10, 2023 /PRNewswire/ -- Today, Fortune debuted the inaugural Fortune Crypto 40 , which appears in the April/May 2023 issue of the magazine.
  • The Fortune Crypto 40 is the definitive ranking of the most important companies in crypto.
  • The Fortune Crypto 40 is the result of an array of empirical metrics, coupled with surveys of more than 200 financial executives conducted by Researchscape.
  • The winners of each category of the Fortune Crypto 40 are:

Bitget Launches $100M Web3 Fund to Support Next-Generation Crypto Projects in Asia

Retrieved on: 
Monday, April 10, 2023

The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.

Key Points: 
  • The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.
  • The Bitget exchange is adhering to a 'Go beyond derivative' strategy in 2023 with the launch of the Bitget Web3 Fund, which is intended to foster a positive attitude towards the digital currencies economy and support the development of the Web3 environment.
  • The Bitget Web3 Fund will seek out VCs and projects globally but prioritize partners in Asia that have a clear roadmap and an experienced team, and those that offer innovative solutions to real-world problems.
  • That is why the Bitget Web3 Fund will strive to seek out projects that have the most impact on this process.