Ripple, the firm behind the third largest cryptocurrency XRP, has made a new partnership to bolster cross-border payments between the United States and Mexico. The company has partnered with International Money Express, a money remittance services firm focused on the Latin and Caribbean corridor, Ripple announced on Feb. 5. Also known as Intermex, the new financial partner of Ripple is listed on the Nasdaq stock market with the stock quote IMXI. The new partnership could enable Intermex to implement Ripple's On-Demand Liquidity (ODL) product through RippleNet, the company’s global payment network connecting financial institutions. RippleNet’s ODL relies on the digital …
Gemini, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has integrated popular trading chart analysis service TradingView. According to a TradingView’s announcement on Feb. 4, Gemini has added the trading service as a trading partner, allowing its institutional customers to trade or invest directly through TradingView. As part of the integration, Gemini is now listed in the TradingView’s Trading Panel as well as in the new Brokerage Section. In a blog post on Feb. 4, Gemini provided short instructions on how to connect a Gemini account to TradingView. The crypto exchange has even created a separate section on its …
Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a strategic partnership with two Japanese firms. According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known as Yahoo Japan and TaoTao, a Japanese licensed cryptocurrency exchange. The exact details of the partnership have not been revealed as of this moment, but Binance said Z Corporation and TaoTao would "continue discussions and deliberations with Binance and begin preparation to launch trading services for users in Japan". Binance CEO Changpeng Zhao (CZ) commented to Cointelegraph on the …
Major cryptocurrency exchange Huobi has partnered with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The Singapore-based crypto exchange has entered a partnership with fäm Properties, a tech-driven real estate agency based in Dubai, to offer crypto payment options for its real estate investors, UAE-based business publication AMEinfo.com reports Jan. 12. Crypto to enable more stability and liquidity in the real estate market Specifically, the partnership enables fäm Properties to accept payment in cryptocurrencies like Bitcoin (BTC), Ether (ETH), XRP and other major cryptos including stablecoins, the report reads. …
Yahoo Finance, the United States-based financial news giant, has integrated its website with cryptocurrency pricing by major crypto data supplier CoinMarketCap (CMC). The website now allows visitors to track prices for major cryptocurrencies, providing CMC-based data including market capitalization, trading volume, circulating supply and others. Verizon Media-owned Yahoo Finance and CMC confirmed their strategic partnership for cryptocurrency data and content in a press release to Cointelegraph on Nov. 21. Yahoo Finance’s crypto screener shows 118 cryptocurrencies Yahoo Finance’s cryptocurrency screener page provides pricing for a total of 118 digital currencies, including major cryptocurrencies like Bitcoin (BTC), Ether (ETH), XRP, Bitcoin …
Major global investment bank JPMorgan has developed a new solution for derivatives designed to speed up cash and collateral transfers. The tool was developed in partnership with California-based fintech firm Baton Systems and aims to enable the real-time movement of transfers to multiple clearinghouses, the firm announced Nov. 14. The current process requires collateral custodians to manually coordinate multiple systems and reports. Integrated with JPMorgan’s proprietary automation system, the new solution reportedly eliminates manual intervention in the collateral process and therefore expedites the collateral workflow. According to the announcement, the platform automates margining and collateral flows and allows users to …
Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek. Focused on the Asia bond markets, the trial intends to streamline the bond issuance process and reduce associated costs by applying tokenized securities and smart contracts, HSBC Singapore announced Nov. 13. While Asia’s fixed income markets continue to grow, bond issuance and servicing processes remain inefficient, according to HSBC. This is purportedly due to the absence of a single platform for the exchange of information between multiple parties and tracking tools …
Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating on Project Alvarium. In an Oct. 28 press release, the nonprofit Linux Foundation announced it was forming a new project with support from several major industry giants such as Dell, the Iota Foundation and IBM. Other partners to the project include edge resource marketplace MobiledgeX and global IT firm Unisys. The project, based on code from Dell Technologies, aims to build on the concept of a Data Confidence Fabric, which establishes measurable trust and confidence in data coming from multiple sources. The system would score data based …