Home » Tag Archives: Subsidiary

Tag Archives: Subsidiary

Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion

Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based government-owned investment company Temasek Holdings, which manages $223 billion in assets. The company was founded in 2015 as a global network of operator-investors, who manage ...

Read More »

Abu Dhabi Ports Subsidiary Tests International Blockchain Pilot with Port of Antwerp

A subsidiary of the major U.A.E. seaport operator Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp, global shipping news agency Hellenic Shipping News reports Oct. 15. Following a Memorandum of Understanding (MoU) signed between Abu Dhabi Ports subsidiary Maqta Gateway and the Port of Antwerp, the companies will run a pilot of a blockchain ...

Read More »

Former NASDAQ Subsidiary Exec Joins Crypto Exchange Gemini’s Client Service Team

Former COO of major U.S. stock exchange NASDAQ subsidiary Jeanine Hightower-Sellitto has joined crypto exchange Gemini, the company revealed in a Medium post on Wednesday, Oct. 10. The U.S.-based Gemini, launched by the Winklevoss twins back in 2015, has hired Hightower-Sellitto as a managing director of operations to lead its client services team. As per the release, she spent 13 ...

Read More »

Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange

A portfolio-management subsidiary of crypto exchange Coinsquare has launched two exchange-traded funds (ETFs) on the Toronto Stock Exchange (TSX), local news agency The Globe And Mail reports September 20. Coinsquare’s subsidiary — Coin Capital Investment Management — has reportedly become the 30th ETF operator in Canada, with the launch of the Coincapital STOXX Blockchain Patents Innovation Index Fund (LDGR) and ...

Read More »

Digital Wealth Management Firm Apex Clearing to Launch Crypto Investment Subsidiary

Financial clearing and execution company Apex Clearing confirmed it planned to open a dedicated cryptocurrency entity in a press release Wednesday, September 5. Apex, which has operated since 2012, will create Apex Crypto to give existing clients access to various cryptocurrencies, initially including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) among others. Investing platforms such as broker ...

Read More »

Stockholm IT Ventures AB Subsidiary Partners With Valens Bank for “Crypto Fund Trading”

Stockholm IT Ventures AB (SITV), a Swedish company specializing in cryptocurrency and blockchain technology, has announced its subsidiary has finalized a software license agreement with Valens Bank, according to the official August 22 press release. The agreement between Blocktrade Technology Ltd. (BTT), a subsidiary of SITV, and the German Valens Bank will allow the “multi-currency financial services startup” to “use ...

Read More »

MetLife Subsidiary LumenLab Pilots Blockchain Insurance System for Diabetes

Singapore-based digital innovation center Lumenlab is testing a blockchain-enabled insurance solution for diabetes sufferers, according to a press release published August 20. Lumenlab is a subsidiary of financial services provider MetLife and has reportedly developed the new project within the Monetary Authority of Singapore’s (MAS) regulatory sandbox. The pilot, dubbed Vitana, is a parametric, automated insurance product targeting those who ...

Read More »

Overstock’s Cryptocurrency Subsidiary is Now Worth More than the Entire Company

When you visit Overstock.com, you’ll still be met by advertisements for discounted Martha Stewart Rugs and a coupon for an extra 10 percent off already-clearanced bedroom furniture. However, there’s no longer any denying that the firm is not primarily an e-retailer — it’s a cryptocurrency company now. Cryptocurrency Startup tZero Now Worth More than Overstock The firm, as CCN reported, ...

Read More »