Crypto Tech Firm BlockFills to Offer ESG Credits to Miners

Elliot David, head of strategy and partnerships at Sustainable Bitcoin Protocol, a company that is developing an on-chain product for miners looking to certify their energy use, said that “unless a miner is holding the RECs attributed to their power consumption, they can’t technically claim that they’re using clean energy. As a result, we’ve seen miners take a wide range of existing approaches” from nothing at all to buying high-quality RECs. Source

Trading Technology Provider BlockFills Raises $37M For Expansion

BlockFills, a Chicago-based digital asset trading technology company, has raised $37 million in Series A round to fuel its expansion plans. The funding round was led by a number of institutional investors like Susquehanna Private Equity, CME Ventures, Simplex Ventures, C6E, Nexo Inc, and others. BlockFills aims to be a one-stop shop for financial institutions that wish to develop a digital asset trading business. While institutions will be increasingly looking to offer digital asset services, many might not have the technical infrastructure needed to do so, which is what BlockFills…

BlockFills raises $37 million to support global expansion

BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round. Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds. We’re excited to announce the successful close of our Series A #funding round totaling $37 million! See how this funding will support our global expansion and…

Tassat and Blockfills Launch Trade at Settlement Product for Bitcoin

New York-based fintech provider Tassat is partnering with digital asset market maker Blockfills to launch an institutional Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD). According to a Nov. 18 report by Hedgeweek, Blockfills — which specializes in digital asset electronic market making, trading and prime brokerage — will join forces with Tassat, formerly known as trueDigital to launch the product by mid-December. New products for crypto traders to hedge risk TAS is a specific type of electronic order book that enables buyers and sellers to trade at —…