Key Takeaways from Institutional Experts in Preparation for Digital Assets Trends in 2021 ACN Newswire
2020-12-21
SINGAPORE, Dec 21, 2020 - (ACN Newswire) - Moonstake, the Plug and Stake partner of OIO Holdings Limited (listed on SGX), held a joint panel discussion with its partners Onchain Custodian and Ruby Capital, titled Institutional Digital Asset Trends for 2021 - What else apart from DeFi? . In this quickfire discussion, the expert panel consisting of Lawrence Lin, CEO of Moonstake, El Lee, Co-Founder and COO of Onchain Custodian and Wang Pang Jun, Director of Ruby Capital, addressed the key trends going into 2021 after months of invocation and growth in the DeFi ecosystem in a volatile 2020.
The Swiss fintech industry continued to mature and consolidate in 2020, a trend showcased by increased later-stage rounds and the first fintech exits, according to the IFZ Fintech Study 2020.
Last year, Series B capital dominated the venture capital environment in the Swiss fintech industry, recording a volume growth rate of 115% compared with 2018. The first market exits also appeared in 2019, highlighting gradual market consolidation.
As of December 2020, Switzerland was home to 376 fintech companies, according to Swisscom’s Fintech Startup Map.
This year, the Swiss fintech industry saw several developments take place, with notable advances being made on the regulatory front, by the government itself, as well as by incumbents, which continued to pursue their fintech ambitions.
Tuesday, 22 December 2020, 5:45 am
Moonstake, the Plug and Stake partner of OIO Holdings
Limited (listed on SGX), held a joint panel discussion with
its partners Onchain Custodian and Ruby Capital, titled Institutional Digital Asset Trends for 2021 - What else
apart from DeFi? . In this quickfire discussion, the expert
panel consisting of Lawrence Lin, CEO of Moonstake, El Lee,
Co-Founder and COO of Onchain Custodian and Wang Pang Jun,
Director of Ruby Capital, addressed the key trends going
into 2021 after months of invocation and growth in the DeFi
ecosystem in a volatile 2020.
Key takeaways
The
Market Is Positive On Digital Assets
As the global
Belarus commodity exchange seeks closer cooperation with Russia s Omsk Oblast
Photo courtesy of BUCE
MINSK, 17 December (BelTA) – Broader use of exchange trading between Belarus and Omsk Oblast of Russia has been discussed at the Digital Exchange of Contacts online conference, BelTA learned from the press service of the Belarusian Universal Commodity Exchange (BUCE).
Head of the BUCE foreign trade department Aleksandr Bashliy pointed to the increasing interest in BUCE on the part of companies from the regions of Russia bordering on Belarus. He expressed hope that Omsk Oblast will also take advantage of this cooperation mechanism.
“Since the beginning of the year, 183 new companies from Russia have been accredited on the exchange, and most of them are active participants in trading today. Of course, this was a great boost for exchange trading. For example, in January-November supplies of ferrous metal products for Belarusian industrial enterprises increased by 68%, and the e
SBI Holdings Acquires B2C21 to Attract Institutional Crypto Traders
Last Updated: 16 December 2020
SBI Holdings has joined the long list of firms looking to attract more institutional crypto investors. This week, the firm completed the acquisition of B2C2, a British crypto trading firm.
Creating a New Subsidiary
According to an official announcement from earlier today, SBI Holdings confirmed that it had purchased 90 percent of B2C2. The company explained that both firms would now be looking into expanding trading opportunities for mainstream financial institutions with an appetite for cryptocurrencies.
Max Boonen, B2C2’s founder and chief executive, noted that the move was in line with the firm’s desire to increase its user base. He added that cryptocurrencies had become a non-negligible part of the global financial industry. They will continue to have more of an impact on the financial market for the next decade.