The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation.
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Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing
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Institutional managers hold a record $57B worth of crypto, according to CoinShares
Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors.
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Forex and crypto investors seek thrills and social status, says FCA study
A new study commissioned by the United Kingdom’s Financial Conduct Authority found that the profile of cryptocurrency traders skews toward thrill-seeking and trading on gut
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Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin.
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Bitcoin is now ‘too important to ignore’, Deutsche Bank says
Global banking giant Deutsche Bank expects governments to start regulating Bitcoin by the end of 2021.
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