New Blockchain ETF Co-Operator Elwood Plans Fresh Crypto Investment Options

United Kingdom-based asset management company Elwood Asset Management is looking to increase its cryptocurrency offerings after co-launching a blockchain exchange-traded fund (ETF), Bloomberg reported on March 12. Elwood, which is owned by billionaire Brevan Howard creator Alan Howard, partnered with…

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel,…

Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017.…

TD Bank Partners with Startup to Add Blockchain and AI Solutions to Investment Products

Hydrogen, a NYC-based business that was recently named KPMG’s fintech startup of the year has signed a public blockchain licensing deal with TD Bank – the world’s 12th-biggest bank in terms of market capitalization. Hydrogen is a decentralized ecosystem for…