Flow Traders

Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Blockchain, NFT, Apps, Applications, Technology, Cryptocurrency, Software, Citadel, Developer, Uniswap, EVM, Environment, Discord, SVM, L2, Lead, Polychain Capital, Q2, Testnet, Engineering, Flow Traders, DBA, Marketing, Celestia, Architecture, Auros, Ecosystem, GSR, San Francisco Bay Area, Apollo Global Management

Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.

Key Points: 
  • Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.
  • "Eclipse is built to be Ethereum's fastest layer-2, leveraging the best pieces of the modular stack available today," said Neel Somani, Founder of Eclipse Labs.
  • Eclipse integrates the high-performance SVM with the deep pools of liquidity on Ethereum, while maintaining the hard constraint of verifiability."
  • Eclipse Labs intends on sponsoring hackathons and accelerators, in addition to community-building events targeted toward users who interact with Eclipse Mainnet.

GK8 Launches Tokenization Wizard, Enabling Institutional-Grade Tokenization of Any Asset

Retrieved on: 
Wednesday, April 3, 2024
EVM, Entrepreneurship, Partnership, MPC, L2, Flow Traders, Non-fungible token, Decentralized finance, DWS, Ecosystem, TEL, Cryptocurrency

Tokenization presents vast opportunities for businesses and investors, with some analysts predicting tokenized assets will reach $4 trillion in market value by 2030.

Key Points: 
  • Tokenization presents vast opportunities for businesses and investors, with some analysts predicting tokenized assets will reach $4 trillion in market value by 2030.
  • "Our Tokenization Wizard, with its user-friendly interface and customizable options, revolutionizes the tokenization process, enabling users to tokenize assets with just a few clicks.
  • Institutions can now leverage this innovative technology to facilitate new revenue streams, enabling them to adopt these new capabilities securely."
  • Tokenization of any asset - The Tokenization Wizard can create any kind of token, ranging from NFTs and utility tokens to security tokens and real-world assets.

Polychain leads $15 million fundraise for dappOS

Retrieved on: 
Wednesday, April 3, 2024
Flow Traders, NGC, IDG, Cryptocurrency

SINGAPORE, April 3, 2024 /PRNewswire/ -- Intent execution network dappOS has raised 15.3 million in a Series A round led by Polychain at a $300 million valuation.

Key Points: 
  • SINGAPORE, April 3, 2024 /PRNewswire/ -- Intent execution network dappOS has raised 15.3 million in a Series A round led by Polychain at a $300 million valuation.
  • dappOS was selected to join Binance Incubation Program Season 5 in December, 2022.
  • In July 2023, dappOS received seed round investment from Binance Labs, Sequoia China, and others.
  • dappOS is an intent execution network that empowers chains and dApps to be intent-centric.

Deribit first derivatives exchange to receive VARA Regulatory Approval

Retrieved on: 
Tuesday, April 2, 2024
SGX, Growth, Today, Entrepreneurship, Scottish Government, Meijer, VASP, News, Flow Traders, Headquarters, VARA, Former, Management

DUBAI, UAE, April 2, 2024 /PRNewswire/ -- Deribit FZE, the Dubai entity of Deribit group, the world's leading crypto derivative options platform, today announced it has received a conditional Virtual Asset Service Provider (VASP) licence from Dubai's Virtual Asset Regulatory Authority (VARA) for VA Exchange Services.

Key Points: 
  • DUBAI, UAE, April 2, 2024 /PRNewswire/ -- Deribit FZE, the Dubai entity of Deribit group, the world's leading crypto derivative options platform, today announced it has received a conditional Virtual Asset Service Provider (VASP) licence from Dubai's Virtual Asset Regulatory Authority (VARA) for VA Exchange Services.
  • The licence covers both spot and derivatives trading and remains non-operational until Deribit fully satisfies all remaining conditions and select localisation requirements defined by VARA.
  • The firm will work closely with VARA to complete the last formal steps in the process to enable it to officially launch the exchange in Dubai.
  • Deribit has also disclosed that Dennis Dijkstra, Former CEO of Flow Traders, and industry veteran Willem Meijer, will become Non-Executive Directors (NEDs) for Deribit.

OpenYield Launches Fully Automated, Equity-Like Marketplace to Lead Bond Trading Into the Next Era

Retrieved on: 
Thursday, March 28, 2024
MSRB, Algorithm, ATS, Toronto-Dominion Bank, AUC, Flow Traders, Apex, Human, Capital market, Treasury, API, FINRA, Security (finance)

NEW YORK, March 28, 2024 /PRNewswire/ -- OpenYield Trading LLC, a FINRA-registered broker-dealer and SEC-registered alternative trading system (ATS), today printed its first trade, marking the launch of its platform. OpenYield modernizes fixed-income investing and empowers broker-dealers, advisors and asset managers to easily enter the bond market or enhance their existing offerings. With unique liquidity, no minimums, flexible APIs and a powerful technology stack that delivers data and analytics, OpenYield provides a low-cost, equity-like marketplace for bond trading. 

Key Points: 
  • OpenYield modernizes fixed-income investing and empowers broker-dealers, advisors and asset managers to easily enter the bond market or enhance their existing offerings.
  • With unique liquidity, no minimums, flexible APIs and a powerful technology stack that delivers data and analytics, OpenYield provides a low-cost, equity-like marketplace for bond trading.
  • To date, OpenYield has onboarded prominent algo-enabled market makers such as Flow Traders and TD Securities Automated Trading.
  • We're thrilled to support OpenYield as they pave the way for broker-dealers, advisers, and beyond to enter the bond trading arena seamlessly.

Taiko Raises US$37M from Top-tier VCs Ahead Of Mainnet Launch

Retrieved on: 
Saturday, March 2, 2024
EVM, Flow Traders, Friction, BBR, Entrepreneurship, GSR, Katla, Ecosystem, BCR, Cryptocurrency

NEW YORK and LONDON and SINGAPORE, March 2, 2024 /PRNewswire/ -- Taiko, an Ethereum Layer 2 scaling solution provider, today announced the close of commitments for a US$15 million Series A funding round led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital. Other notable participating investors in this latest round include Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, WW Ventures, and more. The close of its most recent round brings Taiko's total capital raised to US$37 million across three rounds. The closing of its Series A round comes just ahead of Taiko's highly-anticipated mainnet launch. 

Key Points: 
  • Last month, Taiko launched a new testnet, Katla , which has seen >1.1M wallet addresses and >13M total transactions to date.
  • The closing of its Series A round comes just ahead of Taiko's highly-anticipated mainnet launch.
  • Taiko is an Ethereum-equivalent ZK-Rollup, scaling Ethereum by supporting all EVM opcodes in a Layer 2 architecture that is decentralized, permissionless, and secure.
  • Since it was founded in 2022, Taiko has successfully executed six testnets involving over 1,100,000+ unique wallets, 30,000+ proposers, and 14,000+ provers.

EQS-News: DWS Returned to Net Inflows in 2023 Supported by all Three Pillars – Passive including Xtrackers, Active and Alternatives

Retrieved on: 
Monday, February 5, 2024
Nippon Life, Flow Traders, Management, Asset, EUR, Partnership, Annual, Alternatives, FY, ETF, DWS Group, Insurance, Growth, Balise, PES, Environment, Passive, DWS, Supervisory board, ESG, Research, Investment, Real estate, ETP, Om, AGM, CIR, Sale, Film industry

Net flows ex Cash of EUR 1.8bn in Q4 resulting in EUR 22.6bn in FY 2023 (including Cash EUR 11.0bn in Q4 2023, EUR 28.3bn in FY 2023), supported by all three pillars – Passive including Xtrackers, Active and Alternatives.

Key Points: 
  • Net flows ex Cash of EUR 1.8bn in Q4 resulting in EUR 22.6bn in FY 2023 (including Cash EUR 11.0bn in Q4 2023, EUR 28.3bn in FY 2023), supported by all three pillars – Passive including Xtrackers, Active and Alternatives.
  • Supported by all three pillars – Passive including Xtrackers, Active and Alternatives – DWS recorded net inflows (ex cash) of EUR 22.6 billion.
  • The adjusted Cost-Income Ratio at 64.0 percent in 2023 comfortably meets DWS’ outlook of below 65 percent for 2023.
  • Total net inflows in 2023 were mainly driven by Passive including Xtrackers and supported by Cash, Active (ex Cash) and Alternatives.

Elwood Receives Authorization as a Service Company from UK Financial Conduct Authority

Retrieved on: 
Wednesday, January 24, 2024
Sigma, LON, ISO, API, Software as a service, PMS, GS, Flow Traders, Digital asset, OTC, EMS, DCG, Goldman Sachs, FCA, General partnership, Galaxy Digital, Cryptocurrency

LONDON, Jan. 24, 2024 /PRNewswire/ -- Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA"). This authorization applies to Elwood's execution management system ("EMS") in relation to security tokens and derivatives. The Company's EMS platform allows clients to connect to global crypto exchanges and OTC venues, through a single application or API, to trade digital assets.

Key Points: 
  • LONDON, Jan. 24, 2024 /PRNewswire/ -- Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA").
  • This authorization applies to Elwood's execution management system ("EMS") in relation to security tokens and derivatives.
  • Chris Lawn, CEO, Elwood, said, "Elwood is proud to become one of the first digital asset technology firms authorised as a service company by the FCA.
  • Josh Bell, Elwood Board member and General Partner at Dawn Capital, said, "This is a pivotal moment for Elwood on its ambitious growth journey.

Elwood Receives Authorization as a Service Company from UK Financial Conduct Authority

Retrieved on: 
Wednesday, January 24, 2024
Sigma, LON, ISO, API, Software as a service, PMS, GS, Flow Traders, Digital asset, OTC, EMS, DCG, Goldman Sachs, FCA, General partnership, Galaxy Digital, Cryptocurrency

LONDON, Jan. 24, 2024 /PRNewswire/ -- Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA"). This authorization applies to Elwood's execution management system ("EMS") in relation to security tokens and derivatives. The Company's EMS platform allows clients to connect to global crypto exchanges and OTC venues, through a single application or API, to trade digital assets.

Key Points: 
  • LONDON, Jan. 24, 2024 /PRNewswire/ -- Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA").
  • This authorization applies to Elwood's execution management system ("EMS") in relation to security tokens and derivatives.
  • Chris Lawn, CEO, Elwood, said, "Elwood is proud to become one of the first digital asset technology firms authorised as a service company by the FCA.
  • Josh Bell, Elwood Board member and General Partner at Dawn Capital, said, "This is a pivotal moment for Elwood on its ambitious growth journey.

Galaxy, DWS and Flow Traders Announce Intention to Launch AllUnity to Issue a Regulated EUR-Denominated Stablecoin

Retrieved on: 
Wednesday, December 13, 2023
Crypto, Flow Traders, DWS, Federal Financial Supervisory Authority, Internet of things, Internet, EUR, Digital, Partnership, Market, TSX, Cryptocurrency, Management, Galaxy

As a result, AllUnity will be well-positioned to deliver the leading regulated EUR-denominated stablecoin for institutional, corporate, and private user adoption.

Key Points: 
  • As a result, AllUnity will be well-positioned to deliver the leading regulated EUR-denominated stablecoin for institutional, corporate, and private user adoption.
  • In addition, Galaxy's wholly-owned subsidiary GK8 will license its tokenization and custodial technology to support AllUnity in developing its stablecoin.
  • AllUnity will initiate the process of applying for an E-money license with BaFin, with the intention of launching the stablecoin in 12-18 months.
  • We are therefore thrilled to be launching AllUnity and the subsequent issuance of a EUR-denominated stablecoin in collaboration with DWS and Galaxy," said Mike Kuehnel, CEO, Flow Traders.