Tagged: arca

Fiat Republic, the BaaS Fintech Combining Web3 and TradFi Capabilities, Secures Additional Funding

Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, announces it has raised $7 million in a seed extension round. Participants in the investment round reportedly “include first-time investments from Kraken Ventures, Fabric Ventures, Arca, and Inovo Ventures,… Read More

Digital Asset Firm Arca Boosts Executive Bench with Three Hires as Digital Assets Demand Grows

Arca has hired three new executives according to a company release. Arca is a digital asset platform that is compliance first, aiming to enable sophisticated investors access to the fast growing digital asset industry.  Arca reports that it has been building “institutional-inspired” processes as financial… Read More

ARCA Touts “Blockchain Transferred Funds” (BTFs) as Alternative to ETFs

Arca, a compliance-first digital asset platform, has distributed a white paper on Blockchain Transferred Funds or “BTFs” as an alternative to Exchange Traded Funds (ETFs). Arca states that the “finance industry is at a critical inflection point” as traditional finance (Tradfi) has not kept pace… Read More

Digital Asset Manager Arca Closes NFT Fund at $50 Million Cap

Arca, a compliant digital asset manager, has announced that it has closed its NFT fund, raising $50 million. The fund was said to be oversubscribed and access was limited to existing Arca LPs. In a release, Arca said the NFT fund joins a growing number… Read More

Arca Partners with Oasis Pro to Tokenize Assets Under the Investment Company Act

Arca Labs, part of digital asset firm Arca, has partnered with Oasis Pro Inc. (OPI) on a joint venture to create tokenized assets under the Investment Company Act of 1940. The partnership seeks to bring more regulated, tokenized financial products to investors. The “4o Act”… Read More

Arca Reports Topping AUM of Over $500 Million, Closes $30 Million Venture Fund

Arca, a compliant digital asset investment platform, has topped $500 million in assets under management (AUM). Simultaneously, Arca announced a new early-stage venture fund that has raised over $30 million. According to a company release, the Arca Endeavor Fund (the Fund), an early-stage, closed-end venture fund focused… Read More

Arca Digital Yield Fund Seeks to Provide Double-Digit Effective Yields

Digital asset management firm Arca has announced a new digital asset fund that aims to generate low double-digit returns, along with minimal volatility, for investors. The Arca Digital Yield Fund is said to be the first actively managed income fund in the digital assets sector…. Read More

Arca CIO Slams Lack of Transparency in Digital Asset Offerings

Jeff Dorman, Chief Investment Officer at Arca, has distributed a statement criticizing the lack of transparency in digital asset offerings. Arca is a digital asset firm that offers institutional-grade financial services in the digital asset sector. In January, Dorman predicted that more attention would be… Read More

Tether Management Said to be Target of Criminal Investigation by US Department of Justice

Tether, the largest stablecoin by market cap, is said to be a target of a criminal investigation in the US. According to a report in Bloomberg, the US Department of Justice is investigating whether, or not, executives committed bank fraud. Rumblings have long swirled around… Read More

Jeff Dorman of Arca: “Tether is the biggest systemic risk to the digital assets ecosystem”

Jeff Dorman, Chief Investment Officer at Arca – an “institutional-grade” digital assets firm, threw some shade at the world’s largest stablecoin today. Dorman noted in a blog post that he is hearing that several macro and credit funds are trying to short Tether – a… Read More

NFT Minting Tech Provider CXIP Announces $1.7M Seed Round

Today, NFT minting technology provider CXIP announced a $1.7 million seed round with participation from several funds and angel investors including Courtside Ventures, Mechanism Capital, Wave Financial, Arca, GMoney NFT, and Larry Warsh. “Because each marketplace currently mints NFTs differently, with many out of compliance,… Read More

Arca Announces the Arca AI Bitcoin Trust

Digital asset firm Arca has announced the launch of the Arca Accredited Investor (AI) Bitcoin Trust. The new investment vehicle is designed for accredited investors who see to control their own Bitcoin allocation. An accredited investor is broadly defined by an individual that earns $200,000… Read More

Arca Partners with Signature Bank to Enable Clients to Purchase ArCoin

Arca Labs, part of Arca – a digital assets investment firm, has revealed an agreement with Signature Bank (NASDAQ:SBNY) that enables Signature Bank clients with access to the bank’s Signet digital payment platform, to initiate purchases of shares of the Arca US Treasury Fund (ArCoin)… Read More

Arca Hires Vance Sanders as Chief Financial Officer and Chief Compliance Officer

Digital asset firm Arca has announced two appointments, according to a company release.  Arca reports that Vance Sanders has joined the company as Chief Financial Officer and Chief Compliance Officer, and Nikesh Dalal has joined as Head of Product for Arca’s innovation division, Arca Labs…. Read More

Crypto Industry Insiders Comment on SEC Complaint Against Ripple Alleging Sale of Unregistered Securities in XRP Distributions

The Securities and Exchange Commission’s (SEC) lawsuit against Ripple is the largest enforcement action attacking the sale of a cryptocurrency to date. The SEC alleges the sale of an unregistered security in the issuance of XRP, Ripple’s native token. Ripple has been quick to defend… Read More

Arca Labs Partners with Digital Asset Custody Firms: Anchorage, TokenSoft, Ledger, Gemini and Komainu

Arca Labs, part of Arca a digital asset firm leveraging blockchain for the securities industry, has partnered with multiple digital asset custody providers. The partners include: Anchorage, TokenSoft, Gemini, Ledger, and Komainu. The group of custody firms will also support ArCoin that is backed by… Read More

Arca Chief Legal Officer Phil Liu Comments on Crypto Regulation

  Phil Liu is Chief Legal Officer and co-founder of Arca – a regulatory compliant digital asset investment platform that is building financial products utilizing blockchain. Arca is the first firm to offer a registered fund with shares issued as a digital security. The Fund… Read More

Dissent: SEC Commissioner Hester Peirce Disagrees with Commission’s Decision to Deny Bitcoin ETF

SEC Commissioner Hester Peirce has posted a statement dissenting from the Securities and Exchange Commission’s decision to, once again, decline to allow an exchange-traded product (ETP or ETF) for the world’s most popular cryptocurrency Bitcoin. The Commission denied NYSE Arca’s request to offer a Bitcoin… Read More

TokenSoft Now Supports 40 Act Funds

Mason Borda

TokenSoft, a digital securities issuance platform, is now supporting ’40 Act Funds, according to a company release. Arca Capital Management President Jerald David announced their decision to utilize TokenSoft as they move forward with their US Treasury Fund (Ticker: $UST), a digital security, which is… Read More

Resurrected: SEC Reviewing its Rejection of NYSE Arca’s Bitwise Bitcoin ETF Application

The US Securities and Exchange Commission (SEC) has sent a letter to NYSE Arca stating it is reviewing its rejection of the company’s request to bring a Bitcoin “Bitwise” ETF to market. While the Commission reviews its decision, the rejection has been stayed. The letter… Read More

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