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Tag: temasek

FTX expands its global reach, launches European operations 

One of the leading cryptocurrency exchanges, FTX Trading Limited (“FTX”), recently announced the establishment of FTX Europe.

The post FTX expands its global reach, launches European operations  appeared first on CryptoSlate.

‘First Layer 2 for NFTs on Ethereum’ Worth $2.5B After Latest Fundraising Round

On Monday (March 7), Sydney-based blockchain start up Immutable, which is responsible for the research and development of Ethereum layer 2 powered NFT platform Immutable X, announced that it had “raised fresh funding from investors led by Singapore’s Temasek in a round that values it at $2.5 billion.” Immutable is the developer behind Immutable X, […]

SIA Group posts its first profitable quarter since the onset of the COVID-19 pandemic

SIA Group issued this financial report: Significant growth in passenger numbers as vaccinated travel lanes unlock pent- up demand for air travel during year-end holiday season   Record cargo revenues driven by robust demand and tight capacity which support loads and yields   Operating cash surplus achieved for the first nine months of FY2021/22  […]

Digital asset platform Amber Group valued at $3bn following $200m Series B+ round

The total investment to date in the company now stands at $328 million.

India’s Pine Labs secures $150m funding from Alpha Wave

The fintech has previously seen investment from the likes of PayPal and Mastercard.

Temasek Led Crypto Platform Amber Group’s US$200 Million Series B+ Fundraise

Amber Group, a global digital asset platform, announced that it has secured US$200 million in a Series B+ round led by investment company Temasek, valuing the company at US$3 billion.

The post Temasek Led Crypto Platform Amber Group’s US$200 Million Series B+ Fundraise appeared first on Fintech Singapore.

Aera VC Raises $US30 Million for Climate Breakthroughs

SINGAPORE–(BUSINESS WIRE)–Climate tech venture firm Aera VC is today announcing a $US30 million first close of its new fund investing in startups accelerating the planet toward a sustainable future. The new climate-focused fund is launching with a portfolio of global climate stars including Houston-based chemical decarbonisation firm Solugen – now valued at $US1.8 billion – […]

The post Aera VC Raises $US30 Million for Climate Breakthroughs appeared first on Fintech News.

ESG and Fintechs: Technology enables impact goals

By Sasha Grutman, Demetris Papademetriou, and Rishabh Madhok The current surge in ESG (“Environmental, Social, and Governance”) investing has influenced a material shift in the Financial Services sector. Whether it’s the billions of Dollars being invested in green and sustainable instruments, serious institutional efforts to address ESG as a risk factor in lending and investing, […]

The post ESG and Fintechs: Technology enables impact goals appeared first on Fintech News.

Market Analysis Report (15 Feb 2022)

Crypto Apps Popularity Explodes After Super Bowl | UK Tax Authorities Seize 3 NFTs Amid Tax Fraud Probe | Singaporean State Investment Fund Drops Coinbase Stock

Tiedemann Group and Alvarium Investments Provide Update on Board Appointments

NEW YORK–(BUSINESS WIRE)–Tiedemann Group1 (“Tiedemann”), Alvarium Investments Limited2 (“Alvarium”), and Cartesian Growth Corporation3 (“Cartesian”) (NASDAQ: GLBL), today announced the selection ... Read More

FTX US to Launch Stock Trading Soon

FTX US to Launch Stock Trading Soon

FTX US, the American subsidiary of crypto exchange FTX has begun to accept users for a waitlist for its soon-to-be-launched stock trading platform, according to a tweet from CEO Brett Harrison. The waitlist is open for FTX US Stocks! https://t.co/Hhc0eSHSI8 Sign up to be the first to learn about our upcoming stocks platform, including details on web/mobile access, trading execution, asset support, and integration with our crypto platform. — Brett Harrison (@Brett_FTXUS) February 11, 2022 The announcement doesn’t come as a surprise concerning the company has been focused on adding equities for a while now. Infact, just last month Harrison tweeted that FTX US was working on a stock trading service and was planning features for portfolio tracking performance, up-to-date price quotes, among other features. The American affiliate is also eager to add derivatives trading, as crypto futures have propelled FTX’s global arm to prominence. We’re hard at work on stocks! Features we’re planning for day 1: -Live BBO and historical candles-Stock screening/search functionality-Basic fundamentals (market cap, P/E ratio, dividend yield)-Portfolio performance tracking, order/trade details What else should we have? pic.twitter.com/q2bTpsfuna — Brett Harrison (@Brett_FTXUS) January 11, 2022 Just last month, rival crypto exchange eToro announced it would offer stock and exchange-traded fund (ETF) trading to its U.S. customers. Similarly, BitStamp exchange too disclosed similar plans. Meanwhile, traditional stock trading apps such as Robinhood have been moving to offer crypto trading. Last month, FTX US raised $400 million at an $8 billion valuation from investors which included Multicoin Capital, Paradigm, SoftBank and Temasek. The funding amount will be used to create new business ventures and explore strategic investments and acquisitions. FTX US currently ranks in the top 20 exchanges for spot trading while the parent exchange FTX ranks third, according to CoinMarketCap.

The post FTX US to Launch Stock Trading Soon appeared first on Cryptoknowmics-Crypto News and Media Platform.

General Dr. Uthai Shinawatra Signals Intent to Sign Billionaire Deal

DUBAI, Feb 11, 2022 - (ACN Newswire) - In a move that is sure to excite finance-sector watchers the world over, General Dr. Uthai Shinawatra has taken an appointment to serve as the honorable advisor for Capital Trust Group Limited (CTG). General Dr. Uthai, the Former Deputy Permanent Secretary of Defense and Former Advisor to the Minister of the Interior of Thailand will thus grant CTG use of his signature on a "Certificate of Performance" for the Bitcoin Fund and Bluechip Stock Trading Challenges. These challenges, directed at 1.8 billion millennials around the world, and focusing especially on 400 million Chinese students, represent a major step forward for CTG.

(Bottom row, left to right) Mr. Preecha Or-prasert, Ms. Threephatcha Buldamrongzin, Gen Dr. Uthai Shinawatra, Lt. Gen. Chumporn Vichien

For his part, General Dr. Uthai will strictly limit the issuance number of the Certificates of Performance to 100 million, receiving compensation of $5 for each certificate with a maximum compensation of $500 million total per year over a 4-year period.

The Certificate of Performance signed-and-approved by General Dr. Uthai will be awarded to all Trader Applicants who participate in each trading challenge organized by Fortius Capital Foundation and promoted by Crypto Promoters whose trading accounts from each trading challenge have been profitable.

Each of 30,000 trading challenges will be promoted by Licensed Crypto Promoters (entrepreneurs who sign up for the Dubai Crypto Unicorn Accelerator Project to launch their own Bitcoin Funds and Bluechip Stock Trading Challenges earned from application fee and trade copying fee). There will also be a $39 fee per online issuance, except for the top three performers at each trading challenge. This is, appropriately, a way to recognize the most outstanding traders, while also including and encouraging all traders.

In addition to supporting the Certificates of Performance for the Bitcoin Fund and Bluechip Stock Trading Challenges, General Dr. Uthai's digital signature will also appear on a "Certificate of Training" issued as part of a universally accessible, zero-tuition online course. The course, "How to Build an Investment Portfolio like Billionaires," will walk students through some of the strategies favored by world-renowned financiers such as Chris Horn, Jim Simons, Ken Griffin, Steven Cohen, and Chase Coleman, experts whose assets under management total more than $500 billion.

Byung Jun Chun, UN Peace Ambassador, and Advisor to CTG have explained that this initiative will be a life-changer for many. In his own words: "Today, most of the 400 million Chinese students don't have live experience trading bluechip stocks on major US stock exchanges, so we are delighted to partner with promoters through our online Bitcoin ETF x Blue-Chip Stocks Trading Challenge via live accounts. At the same time, we will be providing education on how to build investment portfolios like George Soros, Temasek Holding, AIA Group, or Yale University. This can potentially help change the students' mindsets forever."

For General Dr. Uthai, these initiatives seem appropriate, given his ongoing support of financial literacy education for the youth. He has spoken in the past about reducing global poverty by teaching more young people about finance. Long-term, General Dr. Uthai believes, programs such as this can enhance the Thai economy, increasing the standard of living within the country by improving product distribution and attracting new investments.

Mr. Jose Rivera Olalquiaga, Chairman of Fortius Capital Foundation, the Dubai-based Project license holder, has said of the working relationship, "We are proud to have General Uthai Shinawatra contribute his reputation to fully promote our Dubai Crypto Unicorn Accelerator Project. This project is not only potentially helping General Uthai to become the second billionaire from the Shinawatra family, but also helping Thailand to have a sustainable distribution channel of local Thai SME products representing more than 40% of Thailand's GDP."

To learn more about the free portfolio-building course, visit: www.fortiuscapitalfoundation.com/freecourse today.

https://fortiuscapital.medium.com/general-dr-uthai-shinawatra-signals-intent-to-sign-2-billion-deal-90658e224b61

Contact Info:
Name: Karen Farias
Phone number: +971503120199
Email: office@fortiuscapitalfoundation.com

SOURCE: Fortius Capital Foundation

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comIn a move that is sure to excite finance-sector watchers the world over, General Dr. Uthai Shinawatra has taken an appointment to serve as the honorable advisor for Capital Trust Group Limited (CTG).

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