Fundament Securities and “DACS” Digital Asset Custody Services Form Partnership to Provide Institutional Grade Custody Solutions for Digital Securities

Service Provider behind the first regulated Real Estate Security Token offers institutional-grade custody solution for its digital securities   Berlin, Germany — Fundament Securities, announces a strategic partnership with DACS “Digital Asset Custody Solution” a digital asset lifecycle management business. Underpinned by  IBM’s highly secure enterprise platform, IBM® LinuxONE™, Fundament Securities and DACS will jointly provide an institutional-grade custody solution for Fundament’s digital securities. This custody solution will cater for high-volume professional investors such as pension funds, insurance providers, family offices and high-net worth individuals. Fundament’s growing investor-base’ digital assets…

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Cryptocurrency Giants Form Crypto Rating Council to bring clarity to market

It was reported this week that a series of trading and investment giants in the cryptocurrency space, including Bittrex, Circle, Coinbase, Genesis, and Kraken, have banded together to create the Crypto Rating Council in order to better decide which digital assets can and cannot be traded on their platforms.   The CRC, it is hoped, will bring greater clarity to the vague characterization of cryptocurrencies by global regulators — allowing digital assets service providers to assess the digital assets and whether they may fall afoul of future regulation. The group…

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Fundament Group Receives Approval From German Financial Authority for €250 Million Blockchain-based Real Estate Bond

Fundament Group is first to receive approval from BaFin for a blockchain-based real estate bond. Platform opens up German real estate market to global investors.   Hamburg, Germany — 23 July 2019 — Fundament Group, the Germany-based end-to-end security issuance solution for asset tokenization, has received approval from the German Financial Market Supervisory Authority (BaFin) to distribute the country’s first blockchain-based real estate bond. The bond is backed by a portfolio of properties in major cities throughout Germany and has an issued volume of €250 million.   Based on the…

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Bitwala’s new Crypto Bank imminent

  After a disaster struck Bitwala in January 2018, with Visa suspending all crypto pre-paid cards and the suspension of their banking facilities, Bitwala seems to have fought back with some new announcements of their own.     Bitwala’s customers received the email below.   Most of us have questioned our relationship with banks before, can we really trust an institution that can close our account at any time for using crypto?   Well, we have some great news for you. Bitwala is building a blockchain-driven bank!      …

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