Publicly traded German fintech Naga, which offers investment in stocks and crypto via its mobile app, will start a social trading platform in 2022 called Nagax, Naga announced Thursday.The platform, set to launch in the first quarter of this year, will consist of a crypto wallet, a non-fungible token (NFT) platform, a staking platform, a spot exchange with around 700 tradable … [Read more...] about German Fintech Naga to Start Crypto-Focused Social Trading Platform
CryptoFocused
Crypto-Focused 10T Holdings to Raise $500M in New Fund
10T had launched a $200 million 10T Holdings fund earlier this year to invest in cryptocurrency startups. The remainder of the firm’s funding has come from co-investment and sub-advised vehicles. The firm’s backing has come from a mix of public pensions, endowments, foundations and family offices. Source link … [Read more...] about Crypto-Focused 10T Holdings to Raise $500M in New Fund
Crypto-Focused Bank Silvergate Rallies After JPMorgan Sees Industry Adoption Growth
“Silvergate’s status as the pure-play bank of the crypto ecosystem has led to the creation of a bank not only with superior growth potential, but also that operates with one of the highest-quality balance sheets in the industry,” JPMorgan analyst Steven Alexopoulos said in a note to clients. Source link … [Read more...] about Crypto-Focused Bank Silvergate Rallies After JPMorgan Sees Industry Adoption Growth