Tagged: fiat

February 15, 2026 @ 5:48 am By Tony Zerucha  |  

Singapore Gulf Bank, a fully licensed bank backed by Whampoa Group and Mumtalakat, has announced what it claims is a GCC and Asian industry first bank-operated network delivering full interoperability between fiat and stablecoins. This represents an evolution of SGB Net, its proprietary real-time clearing… Read More

June 29, 2021 @ 3:17 pm By Priyanka Pani  |  

Puerto Rico-based digital bank FV Bank has announced that it has inked a deal with Fireblocks, a platform for securing digital assets. Through this association, FV Bank will leverage Fireblocks’ MPC-based wallet and network infrastructure to provide digital asset custody services to its customers. FV… Read More

February 23, 2021 @ 9:00 am By Samantha Hurst  |  

BottlePay, a UK-based fiat and crypto payments platform, has reportedly raised £11 million through its Seed funding round. According to Coindesk, the round involved participation from Alan Howard, founder of hedge fund manager Brevan Howard; “present and former” Goldman Sachs partners; venture capital firm FinTech Collective;… Read More

December 29, 2020 @ 10:45 am By Samantha Hurst  |  

  Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, announced on Tuesday it has approved for principal membership to the Visa network. According to Simplex, the approval represents a “pivotal” move-in enabling digital currency users the ability to access… Read More

October 30, 2020 @ 10:44 pm By Samantha Hurst  |  

  NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, announced earlier this week it has joined forces with fiat infrastructure provider Simplex to help make XEM,  NEM’s native token, purchasable by credit and debit card through Simplex’s global network of… Read More

February 26, 2019 @ 3:03 am By Erin Hobey  |  

UK-based HubrisOne,  a startup aiming to make blockchain technology, cryptocurrencies, and basic banking services accessible to all, has already secured more than £123,065 funding — overfunding by over 200% — for 6.40% equity in its newly launched Seedrs equity crowdfunding campaign. Surpassing its original £60,000 goal… Read More

July 24, 2018 @ 6:44 am By Erin Hobey  |  

With the hopes of becoming an institutional-grade token sale platform and digital asset exchange, Gibraltar Blockchain Exchange (GBX) officially announced its full-scale launch today. The GBX, now open to members of the public, will eventually feature fiat onboarding for customers and a number of trading pairs…. Read More

January 30, 2018 @ 10:52 am By Erin Hobey  |  

TrustToken, a global platform for tokenizing fiat currencies and real-world assets backed by Stanford-StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat-backed stablecoin to offer token-holders legally protected certificates of ownership of US Dollars. Seeking to claim wary Tether customers – especially given… Read More

June 19, 2017 @ 4:42 am By Erin Hobey  |  

Open ANX Foundation Limited, with the support of ANX International and partners, announced openANX, a project to build a new decentralized exchange and trading platform. OpenANX is described as a real-world application of Blockchain that brings transparency and openness to cryptocurrency markets. “In traditional financial… Read More

September 29, 2016 @ 8:50 am By Erin Hobey  |  

Since Monday morning, ICONOMI, the globally licensed and regulated bitcoin exchange, has quickly raised an additional $3 million through its “ICO” (Initial Coin Offering) after the “uberized fund management” platform raised to its approximately $5.8 million raised in the campaign’s first month. As of this writing, ICONOMI has now eclipsed… Read More