Booming activity in Blockchain4Finance - A quarterly update on our report

TL;DR

Exciting updates on advancements in blockchain technology for asset and wealth management, including funding news, regulatory front progress, and developments in decentralized finance and Central Bank Digital Currencies.

Transcript

i'm your host evie pilarino and today i will be sharing exciting updates from the companies that are reshaping assets and wealth management and capital markets with blockchain technology from our inaugural report with the wealth mosaic we profiled the last quarter of 2020 12 companies that are really involved either on the infrastructure side or th... Read More

Key Insights

• 🏦 Crypto license bank Ceba completes series B funding and introduces tokenized equity shares.
• 💗 Chain analysis becomes a unicorn, showcasing the growing demand for institutional blockchain services.
• 🌐 Ficas and Lique make regulatory progress, expanding investment product offerings and access to global markets.
• 😵 FundsDLT's successful pilot demonstrates the potential of blockchain for efficient cross-border fund settlement.
• 🧑‍✈️ Consensus records one million monthly active users and announces central bank digital currency pilot projects.
• 💰 Cryptocurrency market capitalization reaches one trillion dollars, highlighting institutional adoption and growth.
• 👨‍💼 The U.S. regulatory landscape evolves, granting banks permission to engage in stablecoin business and run blockchain nodes.

Questions & Answers

Q: What is the funding news related to Ceba bank?

Ceba bank has completed its successful series B funding and plans to offer equity shares in a tokenized form, leveraging blockchain technology to enhance accessibility and liquidity.

Q: Which company has become a unicorn in the blockchain space?

Chain analysis, a top blockchain analysis company, has achieved a valuation of $1 billion after raising $100 million in a series C funding round. It provides institutional services for cryptocurrency businesses and government agencies.

Q: What regulatory advancements have occurred?

Ficas has listed the first actively managed exchange-traded product and has gained approval to passport it to the European Union, expanding its market reach. Lique is at the final stages of obtaining a license from finma for its otp, which will enable global market access.

Q: What infrastructure development has FundsDLT achieved?

FundsDLT has successfully completed a pilot with Zurich Cantonal Bank and Clearstream, utilizing its private blockchain to facilitate cross-border mutual fund settlement. This innovation streamlines the settlement process and improves administration efficiency.

Summary & Key Takeaways

• Ceba bank completes successful series B funding and will offer equity shares in a tokenized form.

• Chain analysis becomes a unicorn with a $1 billion valuation after a series C capital raise of $100 million.

• Ficas lists the first actively managed exchange-traded product and obtains approval to passport it to the European Union.

• FundsDLT pioneers cross-border mutual fund settlement through a private blockchain.