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Digital Assets

  • Altcoins

    First Digital to launch Asia’s first secondary market for private crypto equity assets

    The Hong Kong-based public trust company Tuesday announced a US$20 million funding round to build up a secondary market for private equity and digital assets, according to a press release. See related article: Singapore wants to bring some adult supervision to crypto Fast facts The venture for empowering startups Nogle and the Blockchain Technology venture […]

    Ningwei Qin

  • Crypto Trading and Strategies

    CoinDCX offers to let Indians earn yield on crypto holdings

    The operator of the Indian cryptocurrency exchange is working with large institutional borrowers, third-party lending partners and staking platforms to generate yield on cryptocurrency and digital assets, CoinDCX said in a statement. See related article: CoinDCX investment arm to invest US$13 mln in Web3 startups Fast facts The yield program doesn’t come with lock-in periods […]

    Pradipta Mukherjee

  • Altcoins

    ADDX, Fullerton partner to tokenize PE fund of funds

    Singapore-based private market exchange ADDX has partnered with Temasek subsidiary Fullerton Fund Management to list Fullerton’s private equity fund of funds (FOF) on its digital platform, ADDX said in a statement.  See related article: Digital securities exchange ADDX join Investcorp to offer tokenized US real estate fund Fast facts The Fullerton Optimized Alpha Fund is […]

    Pradipta Mukherjee

  • Altcoins

    OCBC Bank joins MVGX in push to help firms go carbon neutral

    Singapore’s OCBC Bank has partnered with MetaVerse Green Exchange (MVGX) to develop financial solutions, including tokenized carbon credits, to help large corporations offset their carbon emissions, according to a statement. See related article: Crypto exchange Gemini buys carbon offsets, pledges carbon-neutrality Fast facts The tokenized carbon credits, due to launch later this year, will use […]

    Monika Ghosh

  • Regulation

    Coinbase snafu sets the cat among the crypto pigeons in India

    Coinbase’s showcasing of support by government-backed National Payments Corporation of India (NPCI) set the ball rolling on the cryptocurrency exchange being yanked from the ubiquitous Unified Payments Interface (UPI).

    Pradipta Mukherjee

  • Regulation

    SFC allows HK’s MaiCapital to manage 100% digital-assets portfolio

    The development allows the city to emerge as a top destination for asset managers looking to launch cryptocurrency-themed funds for professional investors. See related article: More traditional investors are eyeing cryptocurrency to diversify their portfolios Fast facts The Securities and Futures Commission (SFC)-licensed blockchain and virtual assets manager can manage portfolios that may comprise up […]

    Forkast.News

  • Regulation

    India tax breaks crypto’s back

    Trading volumes at India’s major cryptocurrency exchanges slumped to their lowest in years after new taxes kicked in on April 1, according to research by Crebaco. See related article: Coinbase’s India launch hits road bump Fast facts U.S. dollar trading volume dropped by 72% on WazirX, 59% on ZebPay, 52% on CoinDCX and 41% on […]

    Pradipta Mukherjee