DBS Bank expands cryptocurrency business to high-level clients
Well-known Singaporean bank DBS is now planning to expand its cryptocurrency offerings to leading clients across Asia. The number of ...
From putting Bitcoin on the balance sheet to setting up stores in the Metaverse, more and more businesses and institutions are entering the crypto space.
The idea of traditional financial institutions investing in Bitcoin is unthinkable. However, in the past few years, many traditional financial institutions have made it a reality. Many consider that the explosion of apparel entry into the crypto space by brands is one of the factors contributing to the strong bull run in late 2020 and ending in late 2021.
Institutional interest in the cryptocurrency market has stimulated existing investors as cryptocurrencies offer them more returns than mere retail.
Bitcoin, the largest cryptocurrency by market capitalization is the digital asset of choice for many institutional investors as well as businesses when entering the decentralized finance space, and the traded product is NFT. In particular, NFT and Metaverse are two intertwined areas that are invested by institutions instead of just passively investing in a cryptocurrency like Bitcoin.
In the Business section in the News category, Ecoinomic.io provides information related to updating projects and investment cooperation. Reading the news, users not only have a more intuitive view of developments, and how businesses and projects operate in the cryptocurrency market, but also open up new investment opportunities.
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Well-known Singaporean bank DBS is now planning to expand its cryptocurrency offerings to leading clients across Asia. The number of ...
Payments company Bolt backed its $1.5 billion acquisition of cryptocurrency payment provider Wyre, Axios reports. This is one of the ...
Cryptocurrency lender Nexo will take another month to decide on the acquisition of Vauld, a potential rival. The email, sent ...
Puma has launched a metaverse space called Black Station to showcase limited edition NFTs of its sneakers. The NFT sneakers ...
American car manufacturer Ford Motor Company is the latest car brand preparing to enter the NFT and Metaverse worlds. The ...
Retail gaming giant GameStop said it has partnered with popular U.S. cryptocurrency exchange brand FTX. During the deal process, pre-buyers ...
Mysten Labs, the company behind the Sui layer1 blockchain has not yet launched but has raised $300 million with the ...
American music giant Sony Music Entertainment has announced its intention to use NFTs after filing a trademark application that includes ...
Blockchain security firm PeckShield has warned the crypto community that the New Free DAO project may have suffered a loss ...
Technology giant, Apple has just launched its new product - iPhone 14. The event attracted widespread public attention. However, this ...