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American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform


American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans


Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...

Institutional Bitcoin Shop NYDIG Raises $150M for Twin Crypto Funds


New York Digital Investments Group (NYDIG) raised $150 million for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing clout on the institutional bitcoin scene. As revealed in two U.S. Securities and Exchange Commission filings, NYDIG...

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