Tag: Exchange

Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

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Crypto media platform CoinDesk was acquired by crypto exchange Bullish on Nov. 20, according to a report published in the Wall Street Journal (WSJ). The crypto exchange is headed by former New York Stock Exchange president Tom Farley. The media platform said that former Wall Street Journal editor-in-chief Matt Murray will chair an independent editorial committee while the current CoinDesk editorial team will remain intact. According to the report, Bullish acquired the crypto media platform in an all-cash deal, though the terms of the deal were not disclosed. The media platform,…

Crypto Exchange Bullish Led by Former NYSE President Buys 100% of CoinDesk

100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President. Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley,  has bought 100% of CoinDesk stocks.  It is known that it was an all-cash deal. However, financial terms remain undisclosed. Speaking on this strategic move, Tom Farley stated: “With its acclaimed editorial coverage, premier events and market-leading data and indices, CoinDesk continues to shape the global crypto and blockchain ecosystem. Bullish will immediately inject…

Japanese exchange plans to start digital securities trading on Dec. 25

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Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan through security tokens issued by two real-estate firms to fill the demand for alternative assets.  In an announcement, ODX said that its trading system for security tokens commences on Dec. 25. Ichigo Inc., a Tokyo-based company, is reportedly planning to sell over $20 million in securities backed by property investments. Apart from Ichigo, Kenedix Inc. is also planning to offer digital securities within the ODX platform. Security tokens are digital assets…

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

CryptoX – Cryptocurrency Analysis and News Portal Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source The post SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading appeared first…

Top US Crypto Exchange Coinbase Introduces New On-Chain Payments Protocol

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Top US-based crypto exchange platform Coinbase is announcing a new on-chain payments protocol. In a new company blog post, Coinbase says that it’s setting a new standard for on-chain payments that will make them cheaper and faster for consumers. According to Coinbase, the open-source update will ensure “clarity, reliability, and a consistent experience for all users,” greatly enhancing the payment process for both merchants and customers. “At Coinbase we believe that on-chain is the new online. Just like the internet broke down barriers, democratized access to information and made knowledge…

Former FTX Employee Sues Bankrupt Crypto Exchange Seeking $275,000 in Unpaid Bonus: Court Docs

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A former FTX employee who was hired to work with the fallen crypto empire’s charity wing is taking legal action to get his unpaid 2022 bonus. In a new court document filed on November 13th, Ross Rheingans-Yoo says that FTX still owes him $275,000 of the $650,000 that he was supposed to receive as a bonus last year. “The Debtors paid Rheingans-Yoo $375,000 cash out of his $650,000 first-half 2022 bonus on or around September 15, 2022. However, the Debtors did not pay the remaining $275,000 in cash.” The filing…