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Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry's Cruel Winter Continues
12.1.2023
The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector
Crypto Brokerage Genesis Global Trading Asks for More Time to Resolve Lending Issues – What is Going On?
5.1.2023
Derar Islim, the interim CEO of crypto brokerage Genesis Global Trading, has told clients that they need more time to resolve the financial crisis plaguing its lending business.
In a statement on Wednesday, Islim claimed that they will be able to sort out the current tough financial position...
Interactive Brokers Group Releases Brokerage Metrics for Dec 2022
4.1.2023
It has only been a month since Interactive Brokers commenced its overnight trading sessions. The move was intended to encourage Asian investors to trade US ETFs. After the decision, many anticipated changes in the company’s financial situation and revenue. Every stakeholder is closely...
NinjaTrader named Best Brokerage for Trading Futures for the third time
14.12.2022
For the third year running, NinjaTrader has won the Benzinga Global Fintech Awards. For the third year running, the top company in the sector wins “Best Brokerage for Trading Futures.” The Most Transformative M&A Award has also been added to the list. Based on the rankings...
Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition
2.12.2022
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Interactive Brokers Group shares Electronic Brokerage Metrics
2.12.2022
Interactive Brokers Group recently shared its monthly performance metrics for electronic brokerage. The automated electronic broker had spoken about flat metrics in monthly turnover several weeks ago as well. The company was aiming to develop and integrate new policies, resulting in increased...
Creditors of Troubled Crypto Brokerage Genesis Seek Options to Avoid Bankruptcy
30.11.2022
Creditors of the troubled crypto broker and lending firm Genesis Global are working with restructuring lawyers to draft a plan to could allow the firm to avoid bankruptcy.
According to a Bloomberg report from Tuesday, the various creditor groups have hired restructuring experts, including from...
Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage's Bankruptcy
30.11.2022
Genesis is in talks with creditors and potential investors, Bloomberg News reports
CrossTower to acquire institutional prime brokerage BEQUANT
30.11.2022
It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn
BlockFi sues FTX's Bankman-Fried over shares in Robinhood
29.11.2022
BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
5.11.2022
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already...
Brokerage Firm Bernstein Says Institutional Adoption of Crypto Ongoing Despite the Crypto Winter
20.10.2022
Asset managers that were actively investing in cryptocurrency markets in the bull market of 2020/21 continue to invest in the sector and remained committed to digital assets
Brokerage Firm Bernstein Says NFTs Are Not Dead
11.10.2022
These tokens are redefining the crypto consumer stack, the report said
560 New Stock CFDs Uplift Global Brokerage’s Business Growth
11.10.2022
After adding new crypto CFD products in June this year, Infinox has added 560 new Stock CFDs to its offering. Products are available to all traders irrespective of their registration status. Retail and institutional traders can access the new listing and diversify their portfolios. The new listing...
Ironbeam Lets You Trade Bitcoin and Ether Nano Futures Contracts Commission Free
26.9.2022
Ironbeam is a U.S. registered Futures Commission Merchant (“FCM”​) which offers trading on crypto nano futures thanks to a partnership with Coinbase Derivatives. The brokerage charges no commission* on these Bitcoin and Ethereum contracts, as well as requiring low margin. Trade...
Fidelity Considering Offering Crypto Trading to Brokerage Customers: Report
12.9.2022
Fidelity has more than 34.4 million individual brokerage accounts, according to the Wall Street Journal
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
27.8.2022
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps...
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
21.8.2022
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans...
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
16.8.2022
XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre
Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading
15.8.2022
The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users in 2022