February 2025 – Page 7

Forbes Introduces 18 New Companies to Its Fintech 50 List

Forbes has unveiled its annual Fintech 50 list for the tenth consecutive year, showcasing the fastest-growing fintech companies in the sector. The list prominently features...

eToro Acquires US Options Trading App Gatsby

Social investment platform eToro is strengthening its presence in the US by finalizing a definitive agreement to acquire options trading app Gatsby for approximately $50...

Asset Manager Introduces Fund Focused on the Metaverse

Invesco, a global asset manager overseeing $1.6 trillion in assets, has introduced a new investment fund dedicated to the metaverse. The Invesco Metaverse Fund is...

DTCC Launches Parallel Production for Its DLT-Based Settlement Platform

The Depository Trust & Clearing Corporation (DTCC) has announced that its distributed ledger technology-based alternative settlement platform, known as Project Ion, is now operational in...

Chrysalis Investments Faces Setbacks Amid Tech Market Decline

Chrysalis Investments has reported a 22% decline in the net asset value of its fund, attributed to the revaluation of fintech companies within its portfolio....

Wombat Secures £4 Million to Accelerate Global Growth

Micro-investing firm Wombat has successfully concluded a £4 million Series A funding round aimed at supporting upcoming product launches and plans for international expansion. The...

Abu Dhabi Forms Cryptocurrency Committee

Abu Dhabi has announced the creation of a government body dedicated to developing its strategy for regulating and promoting virtual assets. The Abu Dhabi Blockchain...

Wave Financial Acquires Stake in Swiss Cryptocurrency Company

US-based digital asset manager Wave Financial has made its debut in Europe by acquiring a minority stake in Swiss crypto firm Criptonite Asset Management. This...

Bybit Wallet Breach Results in $1.4 Billion in Stolen ETH

Crypto exchange Bybit has reported that hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets. In a post on...

Regulator Claims Bankrupt Crypto Lender Celsius Deceived Investors

Bankrupt crypto lender Celsius Network has been accused of making "false and misleading claims" regarding its "financial health and compliance with securities laws," according to...