EDX Markets Drops Paxos as Planned Custodial Partner
EDX Markets has reportedly ended its planned partnership with Paxos and is close to finalizing an agreement with Anchorage Digital. The initial partnership between EDX and Paxos, announced last year, would have allowed Paxos to serve as the custodian for EDX’s clients’ digital assets while providing direct access to Paxos consumers. However, EDX has decided […]
Bitpanda Pro rebrands to One Trading, raises €30m Series A
Digital asset exchange Bitpanda Pro has raised €30 million in a Series A funding round and is rebranding as One Trading. Valar Ventures, co-founded by entrepreneur Peter Thiel, led the funding round. One Trading, now a separate entity from Bitpanda Pro, aims to cater to institutional and professional traders in the cryptocurrency market. The investment […]
Tether Signs MoU With the Government of Georgia
The government of Georgia and stablecoin issuer Tether have signed a memorandum of understanding (MoU) to develop the country’s Bitcoin and peer-to-peer (P2P) infrastructure. The strategic partnership between Tether and the Georgian government will concentrate on developing essential startup ecosystem infrastructure in Georgia. This collaborative endeavor aims to attract international interest and investment in the […]
MicroStrategy Adds $347M in Bitcoin, Holds 152K BTC
MicroStrategy disclosed that it bought 12,333 bitcoins for $347 million in cash between April and June. The company now holds 152,333 bitcoins worth over $4.5 billion. MicroStrategy, a business intelligence company that has become one of the biggest corporate investors in Bitcoin , has added more of the cryptocurrency to its balance sheet. The company […]
Paxos, MercadoLibre Partner to Launch USDP in Mexico
Fintech company Paxos and MercadoLibre, an online marketplace, have partnered to introduce the Pax Dollar (USDP) stablecoin to Mexico on June 28 via the MercadoPago payment service. According to a press release, USDP will be made available to all MercadoPago customers in Mexico. While the company is headquartered in the United States, with offices in […]