PayPal-backed crypto firm Talos has raised fresh funding from companies like Ken Fox’s private equity firm Stripes, BNY Mellon, Citi and others.
Citi News
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This move follows various other banking veterans making the change from Wall Street to crypto ventures.
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The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship.
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The new head of digital assets at Citi’s institutional branch will focus on pursuing connections and investments with clients, startups and regulators.
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CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery.
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The digital money format war could be won or lost on the battleground of tokenization.
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Trading, financing and custody services are being pursued by the investment bank.
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IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
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Bullish maneuvers from MicroStrategy, Goldman Sachs and Citigroup are just a few of the factors backing Bitcoin's rally back to $50,000.
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Mainstream adoption is within Bitcoin's grasp, according to Citi analysts.
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Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin's surge
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MicroStrategy was downgraded to "sell" from "neutral" on Tuesday.
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But only for vendors, so retail users will have to wait.
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However improbable this seems, it would represent the “weakest” major rally so far, at a 102 times increase from low to high.
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Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process.
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