Stablecoin

Celsius and GMO Trust Expand Regulated USD Stablecoin Lending Market

Friday, May 7, 2021 - 1:02pm

b'NEW YORK, May 7, 2021 /PRNewswire/ -- GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese Financial Services and Internet conglomerate GMO Internet Group, embarks on a new partnership with Celsius, the industry-leading cryptocurrency lendingplatform.

Key Points: 
  • b'NEW YORK, May 7, 2021 /PRNewswire/ -- GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese Financial Services and Internet conglomerate GMO Internet Group, embarks on a new partnership with Celsius, the industry-leading cryptocurrency lendingplatform.
  • Customers will be able to use ZUSD, a regulated, USD-pegged stablecoin issued by GMO Trust, as collateral for crypto-backed loans.\nZUSD will be initially listed on Celsius platform and available for reward-earning accounts.
  • In the future, we\'ll work together on supporting GMO Trust\'s GYEN, the first regulated JPY-pegged stablecoin, and create an active lending market for it as well.
  • Issuing the World\'s First regulated JPY stablecoin, GMO Trust also offers a USD stablecoin "ZUSD".

Hodlnaut Increases its Stablecoin Interest Rates, Launches New Token Swap Feature

Thursday, May 6, 2021 - 3:00am

b'SINGAPORE, May 5, 2021 /PRNewswire/ -- Hodlnaut, an emerging cryptocurrency lending platform based in Singapore, announced today an increase in its Dai (DAI), USD Coin (USDC), and Tether (USDT) stablecoin interest rates.

Key Points: 
  • b'SINGAPORE, May 5, 2021 /PRNewswire/ -- Hodlnaut, an emerging cryptocurrency lending platform based in Singapore, announced today an increase in its Dai (DAI), USD Coin (USDC), and Tether (USDT) stablecoin interest rates.
  • The new interest rates will be effective from May 4 2021.\nPreviously, Hodlnaut offered an 8.0% APR (8.3% APY) for stablecoins.
  • "We are confident that the increase in our stablecoin interest rates will provide significant benefit to our HODL-ers community.
  • "\nIn addition to raising its stablecoin interest rates, Hodlnaut has also launched a new Token Swap feature.

Hodlnaut Increases its Stablecoin Interest Rates, Launches New Token Swap Feature

Thursday, May 6, 2021 - 3:00am

b'SINGAPORE, May 6, 2021 /PRNewswire/ -- Hodlnaut, an emerging cryptocurrency lending platform based in Singapore, announced today an increase in its Dai (DAI), USD Coin (USDC), and Tether (USDT) stablecoin interest rates.

Key Points: 
  • b'SINGAPORE, May 6, 2021 /PRNewswire/ -- Hodlnaut, an emerging cryptocurrency lending platform based in Singapore, announced today an increase in its Dai (DAI), USD Coin (USDC), and Tether (USDT) stablecoin interest rates.
  • The new interest rates will be effective from May 4 2021.\nPreviously, Hodlnaut offered an 8.0% APR (8.3% APY) for stablecoins.
  • "We are confident that the increase in our stablecoin interest rates will provide significant benefit to our HODL-ers community.
  • "\nIn addition to raising its stablecoin interest rates, Hodlnaut has also launched a new Token Swap feature.

DGAP-News: Advanced Blockchain AG and its Portfolio Companies Stela Labs and nakamo.to Collaborate to Support ForceDAO 

Tuesday, May 4, 2021 - 12:23pm

b'The issuer is solely responsible for the content of this announcement.\nWe announce with great pleasure, that Advanced Blockchain AG (Frankfurt, Primary Market D\xc3\xbcsseldorf, XETRA: ISIN DE000A0M93V6), in collaboration with its portfolio companies nakamo.to and Stela Labs, are supporting ForceDAO on its mission to bring structured finance and quantitative strategies to DeFi.\nForceDAO ( https://www.forcedao.com/ ) is a quantitative hedge fund for decentralized finance (DeFi).

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\nWe announce with great pleasure, that Advanced Blockchain AG (Frankfurt, Primary Market D\xc3\xbcsseldorf, XETRA: ISIN DE000A0M93V6), in collaboration with its portfolio companies nakamo.to and Stela Labs, are supporting ForceDAO on its mission to bring structured finance and quantitative strategies to DeFi.\nForceDAO ( https://www.forcedao.com/ ) is a quantitative hedge fund for decentralized finance (DeFi).
  • Their DAO is composed of strategists, developers and researchers working to productize alpha across DeFi.
  • Their short-term objectives are to launch Force V2 (in the aftermath of a recent exploit), in addition to deploying multiple financial market infrastructure products - that aim to make yield in DeFi sustainable.\nAdvanced Blockchain AG, through its portfolio companies, has contributed and will continue to contribute to their roadmap vision.\nBelow we layout some of the synergies with ForceDAO:\n-\xc2\xa0 Provide regular security reviews for ForceDAO\'s upcoming products via Stela Labs.\n-\xc2\xa0 More recently, a shared security review with Trail of Bits, where ForceDAO\'s unreleased products were reviewed ahead of their V2 launch (index fund, lending and stablecoin).\nThe collaboration with ForceDAO is centered around contributions, where initiatives (including bug bounties and new product development) are and have been incentivized via Force rewards.
  • nakamo.to and Stela Labs will be actively contributing through the DAO\'s "Force Prize" and "Bug Bounty Program".\nFurther information about Advanced Blockchain AG, Stela Labs, and nakamo.to can be found at their websites https://www.advancedblockchain.com/ , https://www.stelalabs.com/ , and https://www.nakamo.to/ .\n04.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.\nThe issuer is solely responsible for the content of this announcement.\nThe DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.\n'

The Liquid Crypto Exchange selects Celsius to offer crypto yield to its customers

Wednesday, April 28, 2021 - 1:00pm

"\n"Partnering with Celsius since listing the CEL token in 2018 has been beneficial for both Liquid and Celsius," says Marisa McKnigh, Head of Product at Liquid.

Key Points: 
  • "\n"Partnering with Celsius since listing the CEL token in 2018 has been beneficial for both Liquid and Celsius," says Marisa McKnigh, Head of Product at Liquid.
  • "Liquid is excited to work more closely with Celsius\'s strong community, and this partnership adds value to both Celsius and Liquid in providing users with a better experience via HODL-ing.
  • Liquid was the first exchange licensed by the Japan Financial Services Agency in 2017, and in 2019 the exchange\'s yearly trading volume exceeded 60bn USD.
  • The company is continuing its focused expansion into 2021 with the development of the "Liquid Stablecoin Exchange," which is a trading & payments platform focused on leveraging the growth of stablecoins.\n'

DeFi Technologies Announces Ticker Symbol Change from "RDNAF" to "DEFTF" on OTC Markets Effective April 23, 2021

Friday, April 23, 2021 - 6:13pm

InQ32020, the U.S. Office of the Comptroller of the Currency (OCC) publishedguidanceclarifying national banks can provide services to stablecoin issuers in the U.S.

Key Points: 
  • InQ32020, the U.S. Office of the Comptroller of the Currency (OCC) publishedguidanceclarifying national banks can provide services to stablecoin issuers in the U.S.
  • Forward-looking information includes, but is not limited to, statements with respect the growth and adoption of decentralized finance; the pursuit by DeFi Technologies of business opportunities; and the merits or potential returns of any such opportunities.
  • There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
  • Accordingly, readers should not place undue reliance on forward-looking information.

Ivno formally launches pioneering Tokenization software solution

Wednesday, April 21, 2021 - 1:06pm

b'- Secure, dynamic smart contract enabled Tokenization platform designed for regulated financial services firms, optimised on R3 Corda\nLONDON, April 21, 2021 /PRNewswire/ -- Ivno is delighted to announce the formal launch of its pioneering Tokenization software solution, optimised with R3 Corda.

Key Points: 
  • b'- Secure, dynamic smart contract enabled Tokenization platform designed for regulated financial services firms, optimised on R3 Corda\nLONDON, April 21, 2021 /PRNewswire/ -- Ivno is delighted to announce the formal launch of its pioneering Tokenization software solution, optimised with R3 Corda.
  • Ivno\'s production-proven software provides a secure, dynamic smart contract driven solution designed for regulated financial services firms globally.
  • Ivno\'s tokenization software enable regulated businesses to issue security tokens, banks and stablecoins, or any other tokenized asset.\n*The post-COVID 19 global tokenization market size is expected to grow exponentially, with the market size of tokenization in Europe alone predicted to reach US$1.5 Trillion in 2024.
  • Ivno Tokenization delivers all this and more, today.\nIvno software is integration-ready and facilitates the secure minting and management of stablecoins to meet the highest regulatory compliance standards, designed for enterprise use.

Ivno formally launches pioneering Tokenization software solution

Wednesday, April 21, 2021 - 1:03pm

b'LONDON, April 21, 2021 /PRNewswire/ -- Ivno is delighted to announce the formal launch of its pioneering Tokenization software solution, optimised with R3 Corda.

Key Points: 
  • b'LONDON, April 21, 2021 /PRNewswire/ -- Ivno is delighted to announce the formal launch of its pioneering Tokenization software solution, optimised with R3 Corda.
  • Ivno\'s production-proven software provides a secure, dynamic smart contract driven solution designed for regulated financial services firms globally.
  • Ivno\'s tokenization software enable regulated businesses to issue security tokens, banks and stablecoins, or any other tokenized asset.\n*The post-COVID 19 global tokenization market size is expected to grow exponentially, with the market size of tokenization in Europe alone predicted to reach US$1.5 Trillion in 2024.
  • Ivno Tokenization delivers all this and more, today.\nIvno software is integration-ready and facilitates the secure minting and management of stablecoins to meet the highest regulatory compliance standards, designed for enterprise use.

Japanese IT Conglomerate GMO Internet Group Announces Partnership with Shift Markets

Tuesday, April 20, 2021 - 3:10pm

b'NEW YORK, April 20, 2021 /PRNewswire/ --GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese Internet conglomerate GMO Internet Group ("GMO"), announced a partnership with Shift Markets, one of the leading technology service providers incryptocurrency and Forex ("FX") markets.

Key Points: 
  • b'NEW YORK, April 20, 2021 /PRNewswire/ --GMO-Z.com Trust Company, Inc. ("GMO Trust"), the New York-based, regulated stablecoin subsidiary of Japanese Internet conglomerate GMO Internet Group ("GMO"), announced a partnership with Shift Markets, one of the leading technology service providers incryptocurrency and Forex ("FX") markets.
  • As a technical service provider for the industry, Shift Market\'s infrastructure software provides white-label solutions for trading, payments, brokerage, token issuance and even compliance.
  • "\n"Partnering with an industry leading technology firm like Shift Markets enables GMO Trust to offer a fully-regulated digital version of JPY and USD to Shift Markets\' global network of exchange and institutional partners," said Kurt Bierbower, GMO Trust\'s SVP of Business Development.
  • Shift offers a variety of technology services in digital asset markets, including white label cryptocurrency exchanges, payment gateways and tokenization platforms.

Liquid now supports instant USD settlement on the Silvergate Exchange Network

Monday, April 19, 2021 - 2:00am

b'SINGAPORE, April 18, 2021 /PRNewswire/ -- Liquid, one of the world\'s largest cryptocurrency-fiat exchange platforms by trade volume, is working with Silvergate Bank, a California-based Federal Reserve member bank, to improve market access and increase trading opportunities for Liquid\'s clients.\nLiquid has announced it has completed integration with Silvergate Exchange Network (SEN), an internal settlement platform developed by Silvergate Bank.

Key Points: 
  • b'SINGAPORE, April 18, 2021 /PRNewswire/ -- Liquid, one of the world\'s largest cryptocurrency-fiat exchange platforms by trade volume, is working with Silvergate Bank, a California-based Federal Reserve member bank, to improve market access and increase trading opportunities for Liquid\'s clients.\nLiquid has announced it has completed integration with Silvergate Exchange Network (SEN), an internal settlement platform developed by Silvergate Bank.
  • Liquid users depositing and withdrawing USD via SEN will have funds credited and available for trading at Liquid Exchange near real-time 24/7.\nThe automation is already live for deposit and withdrawal services.\nIntegration of SEN will be key to Liquid\'s Stablecoin Exchange Initiative.
  • Instant settlement 24/7 provides counterparties with more opportunities to trade on Liquid during fast markets.\n"By integrating with Silvergate Bank SEN network and enabling zero cost, instant deposits & withdrawals 24/7, Liquid is confirming our commitment to innovation and improving crypto market access for all market participants.
  • Liquid was the first exchange licensed by the Japan Financial Services Agency in 2017, and in 2019 the exchange\'s yearly trading volume exceeded 60bn USD.