The US bank announced it is setting up a department dedicated to blockchain and digital currencies.
UBS Next, a $200m portfolio exclusively funded by UBS, will primarily engage in direct investments in early stage fintech and other relevant tech companies.
British fintech PrimaryBid allows retail investors to take part to public equity offerings on the same terms as institutional investors.
Jan Åge Skaathun, co-founder and CSO at Quantfolio AS, a Nordic fintech building next generation robo-advisor, tells Asset News about raising NOK15m (€2m) in their latest fundraising round led by former Skagen founder, Åge Westbø, and charts its vision for the future.
While a central bank digital currency (CBDC) would have a critical advantage relative to digital ‘stable coins’, it could disrupt commercial banks’ business and funding models.
White Star Capital announced the first close of its $30m Digital Assets Fund, which will invest in crypto-networks and blockchain-enabled businesses in Europe and North America.
According to McKinsey, as much as €5.7bn will be needed to support the European fintech sector until the second half of 2021.
The majority stake will allow Deutsche Börse to strengthen its focus on the buy side.
Dr Tillmann Lang, founder-CEO of YoVa, a Swiss roboadvisor, explains the nuances behind using algorithms to bring impact investing solutions closer to everyday investors.