LIGHTNING COMMERCE: Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants looking to accept bitcoin payments. The aim? To be the Visa of bitcoin. Full story
RIPPLE'S RETURNS: XRP, the third-largest cryptocurrency by market cap, will have another lackluster year in 2020, Galaxy Digital CEO Mike Novogratz recently told a roomful of financial advisers. What's more, he blamed Ripple – one of his firm's largest investments – for what he sees as XRP's underwhelming prospects. Full story
BOND AMBITION: ConsenSys has purchased a U.S.-based broker-dealer in an attempt to overhaul the multi-trillion-dollar municipal bond market. The acquisition of Heritage Financial Systems may enable ConsenSys to offer tokenized municipal bonds through its ethereum-based operating system, Codefi. Full story
GEARING UP: Intercontinental Exchange, parent firm of the bitcoin warehouse Bakkt, has agreed to acquire Bridge2, a loyalty solution provider for merchants and consumers. Full story
COIN CORRIDOR: Ripple's technology will form the basis of a new XRP-based remittance service from International Money Express (Intermex) for cross-border payments between the U.S. and Mexico. Full story |
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