Bitcoin investment firm NYDIG lands $7 billion valuation
Bitcoin trading and custody services provider NYDIG announced Monday it has raised $1 billion in a growth capital round that values the firm at $7 billion.
Abdelaziz Fathi
Senior Reporter, Brokers and Prop Firms
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
December 2021
eToro Brings Out its Debit Card to UK Market
Nearly two years after it acquired e-money platform Marq Millions, eToro has launched its first debit card in the UK.
Micro Ether Futures Join CME’s Growing Suite of Crypto Derivatives
The Chicago Mercantile Exchange (CME) Group, the largest US derivatives exchange, is expanding its suite of crypto offerings with micro ether futures.
Grayscale Stock Drops 8pct as Bitcoin Price, Crypto Assets Tank
Driven by headwinds caused by the newfound COVID variant and subsequent fall in cryptocurrency prices, Grayscale saw another fall in assets under management (AUM).
24 Exchange Bags $14M Investment Led by Billionaire Hedge Funder
Buzzy institutional FX and cryptocurrency platform, 24 Exchange, has secured $14.25 million in funding from hedge-fund legend Steve Cohen’s Point72 Ventures.
Former Upwork CEO Takes Over as Facebook’s Top Crypto Executive
David Marcus, who leads Facebook’s crypto unit Novi and its efforts to launch a digital currency known as Diem, is leaving the company later this year.
November 2021
MicroStrategy Buys 7,002 More Bitcoin, Now Owns $6.9 Billion in BTC
Virginia-based enterprise software company, MicroStrategy Inc, on Monday said that it has purchased additional 7,002 bitcoins for around $414.1 million in cash.
Just2Trade Extends Liquidity Distribution via Your Bourse
FX technology company Your Bourse has announced its partnership with Cyprus-based broker Just2Trade as the latter is expanding its liquidity distribution network.
Also filing this week: Rick Steves and Karthik Subramanian.