Cayman Islands

Mauve, the First VASP-Registered, Non-Custodial Exchange Built for Compliant and Real World Assets, Goes Live.

Retrieved on: 
Thursday, September 14, 2023
Cayman Islands Monetary Authority, Treasury, RWA, USDC, Decentralized finance, General partnership, Cayman Islands, AML, Fiat, DEX, Coinbase, Circle, Automation, Cryptocurrency, Violet, Mauve

Mauve targets asset issuers that require compliance guarantees and controls, enabling secondary markets for on-chain Real World Assets, such as fixed income, Stablecoins, and more. It ushers in the age of on-chain finance.

Key Points: 
  • Georgetown, Cayman Islands--(Newsfile Corp. - September 14, 2023) - Today, Mauve , the first fully compliant non-custodial Exchange (DEX), has officially gone live.
  • It introduces a unique platform designed for trading Compliant and Real World Assets, prioritizing both trustless transactions and adherence to regulations.
  • Mauve is the only non-custodial exchange that has been approved as a Virtual Asset Service Provider by the Cayman Islands Monetary Authority.
  • For instance, Mauve will offer Coinbase's cbETH and Alluvial's lsETH, two liquid staking tokens that are fully AML compliant.

BM3EAC Corp. Cancellation of Ordinary Shares in Treasury

Retrieved on: 
Wednesday, September 13, 2023
Professional Services, Finance, Treasury, EEA, European Union (Withdrawal) Act 2018, Person, Sale, Cayman Islands, The Company, Acquisition, Euronext Amsterdam, United Kingdom, Security (finance), EU

Following this cancellation, the Company still holds 25,000,000 Ordinary Shares in treasury.

Key Points: 
  • Following this cancellation, the Company still holds 25,000,000 Ordinary Shares in treasury.
  • This press release contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
  • This announcement does not contain or constitute an offer of securities for sale or an invitation or offer to the public for securities in any jurisdiction.
  • In the EEA, this announcement is only directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation (EU 2017/1129) as amended.

Kronos Research joins Token 2049 to strengthen its market-making foothold in Asia

Retrieved on: 
Tuesday, September 12, 2023
Liquidity, DNA, Asset management, BS, Request, Electronic trading platform, Central limit order book, Decentralized finance, CLOB, Research, Attention, MIT, RFQ, MS, Token, Cayman Islands, 3rd millennium, Partner, Carnegie Mellon University, Dex, Growth, DEX, LP, Computer science, Cryptocurrency, Kronos

Huang said Kronos is opening a new office in Singapore and has secured new fund registration in the Cayman Islands.

Key Points: 
  • Huang said Kronos is opening a new office in Singapore and has secured new fund registration in the Cayman Islands.
  • "The US regulation is pushing crypto to Asia since Asia is receiving attention due to its more open regulatory environment.
  • We have also secured fund registration in Cayman as part of our compliance efforts," Huang noted.
  • Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.

Kronos Research joins Token 2049 to strengthen its market-making foothold in Asia

Retrieved on: 
Tuesday, September 12, 2023
Liquidity, DNA, Asset management, BS, Request, Electronic trading platform, Central limit order book, Decentralized finance, CLOB, Research, Attention, MIT, RFQ, MS, Token, Cayman Islands, 3rd millennium, Partner, Carnegie Mellon University, Dex, Growth, DEX, LP, Computer science, Cryptocurrency, Kronos

Huang said Kronos is opening a new office in Singapore and has secured new fund registration in the Cayman Islands.

Key Points: 
  • Huang said Kronos is opening a new office in Singapore and has secured new fund registration in the Cayman Islands.
  • "The US regulation is pushing crypto to Asia since Asia is receiving attention due to its more open regulatory environment.
  • We have also secured fund registration in Cayman as part of our compliance efforts," Huang noted.
  • Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.

AM Best Affirms Credit Ratings of RoyalStar Assurance Ltd.

Retrieved on: 
Wednesday, August 30, 2023
Insurance, Professional Services, AM Best, Virgin Islands, British Virgin Islands, ALL, ERM, Credit, Cayman Islands, RSA, Investment, Risk, European, AM, News, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of RoyalStar Assurance Ltd. (RSA) (Nassau, Bahamas).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of RoyalStar Assurance Ltd. (RSA) (Nassau, Bahamas).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Aimfinity Investment Corp. I Announces Second Extension of the Deadline for an Initial Business Combination to September 28, 2023

Retrieved on: 
Monday, August 28, 2023
Accounting, Cayman Islands, Acquisition, Interest on Lawyer Trust Accounts, Security (finance), Financial services

Wilmington, Delaware , Aug. 28, 2023 (GLOBE NEWSWIRE) --  Aimfinity Investment Corp.

Key Points: 
  • Wilmington, Delaware , Aug. 28, 2023 (GLOBE NEWSWIRE) --  Aimfinity Investment Corp.
  • I (the “Company” or “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from August 28, 2023 to September 28, 2023, I-Fa Chang, sole member and manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $85,000 (the “Monthly Extension Payment”).
  • Pursuant to the Company’s second amended & restated memorandum and articles of association (“Current Charter”), effectively July 17, 2023, the Company may extend on a monthly basis from July 28, 2023 until April 28, 2024 or such an earlier date as may be determined by its board to complete a business combination by depositing the Monthly Extension Payment for each month into the Trust Account.
  • This is the second of nine monthly extensions of the Company.

Dock in Chile: Brazilian B2B Company is Behind Digital Bank Tenpo's Credit Card Technology

Retrieved on: 
Thursday, August 17, 2023
Cayman Islands, Fintech, Banking as a service, Acquisition, Dock, Tenpō

SÃO PAULO, Aug. 17, 2023 /PRNewswire/ -- Dock , a B2B technology company for payments and banking, announced today that Tenpo, Chile's largest digital bank with more than 2.2 million customers, is now a customer of the Brazilian company.

Key Points: 
  • SÃO PAULO, Aug. 17, 2023 /PRNewswire/ -- Dock , a B2B technology company for payments and banking, announced today that Tenpo, Chile's largest digital bank with more than 2.2 million customers, is now a customer of the Brazilian company.
  • Dock's expertise and infrastructure is behind the issuing and processing technology that Tenpo is using for its recently launched credit cards.
  • Chile is the ninth market for Dock, which currently operates more than 70 million active accounts and processes more than $240 billion annually.
  • Tenpo's credit card will allow the Chilean company to compete directly with traditional players in the banking sector.

Chindata Group Enters into Definitive Agreement for "Going Private" Transaction

Retrieved on: 
Friday, August 11, 2023
Partner, Conyers Dill & Pearman, Tripura Merger Agreement, Kirkland & Ellis, Schedule, Canadian House of Commons Special Committee on Electoral Reform, Citigroup Global Markets Japan, Plan, Haiwen & Partners, AND, Companies Act, Proxy, LLP, Committee, US, Companies Act 2006, King & Wood Mallesons, ADS, Gibson Dunn, Cayman Islands, Weil, Gotshal & Manges, Form 6-K, Holding company, Security (finance), Topco, PRC, Parent, Sponsor, Share (finance), Mergers and acquisitions

As a result of the Merger, the Company will become a wholly owned subsidiary of Parent.

Key Points: 
  • As a result of the Merger, the Company will become a wholly owned subsidiary of Parent.
  • The Special Committee negotiated the terms of the Merger Agreement with the assistance of its independent financial advisor and legal advisors.
  • Morgan Stanley Asia Limited is serving as the financial advisor to the Bain Shareholders and their affiliates (the "Bain Parties").
  • In connection with the Merger, the Company will prepare and mail to its shareholders a proxy statement that will include a copy of the Merger Agreement.

Brigade-M3 European Acquisition Corp. Amended and Restated Memorandum and Articles of Association and Name Change

Retrieved on: 
Thursday, August 10, 2023
Professional Services, Finance, Unit, EEA, European Union (Withdrawal) Act 2018, Common stock, Person, Sale, Cayman Islands, The Company, Acquisition, Euronext Amsterdam, United Kingdom, Articles of association, Security (finance), EU

The amended and restated Memorandum and Articles of Association have been published on the Company’s website: www.brigadeM3eac.com .

Key Points: 
  • The amended and restated Memorandum and Articles of Association have been published on the Company’s website: www.brigadeM3eac.com .
  • This press release contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
  • This announcement does not contain or constitute an offer of securities for sale or an invitation or offer to the public for securities in any jurisdiction.
  • In the EEA, this announcement is only directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation (EU 2017/1129) as amended.

Aruba’s Bold Properties Joins Christie’s International Real Estate

Retrieved on: 
Wednesday, August 9, 2023
Drive, Insurance, Virgin Islands, British Virgin Islands, Marketing, Culture, COVID-19, Woman, Cayman Islands, Love, Island, Family, Real estate, Auction, Tourism, Papiamento, Aruban

CHICAGO and ORANJESTAD, Aruba, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Bold Properties Aruba today announced that the firm has joined Christie’s International Real Estate , the world’s preeminent luxury real estate brand and network, becoming its exclusive Aruba affiliate.

Key Points: 
  • CHICAGO and ORANJESTAD, Aruba, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Bold Properties Aruba today announced that the firm has joined Christie’s International Real Estate , the world’s preeminent luxury real estate brand and network, becoming its exclusive Aruba affiliate.
  • As an affiliate of Christie’s International Real Estate, Bold Properties Aruba will benefit from world-class marketing and technology, national and international visibility for listings, and a connection to the iconic Christie’s auction house, for the referral of fine art and luxury goods.
  • “We’re incredibly pleased to welcome Bold Properties Aruba as our exclusive affiliate on the island,” said Chris Lim, president of Christie’s International Real Estate.
  • “Aileen and Jenniffer have assembled a powerhouse team that exemplifies a ‘bold’ real estate firm in every way, from their personalized marketing to their incredibly high level of service, and we look forward to watching them grow with the backing of the Christie’s International Real Estate network.”
    Aligning with Christie’s International Real Estate will give Bold Properties Aruba an edge in the Aruba real estate market, according to Kelly.