The bank has suspended subscriptions and redemptions of all funds advised by Greensill. The prestigious fintech could go bankrupt.
The gap will deepen between leaders and non-leaders in the field of next-generation technologies within the financial sector, according to a research released by the consultant Broadridge.
Almost 90% of institutional investors and wealth managers believe that there will be a dramatic increase in the use of blockchain technology within the asset management sector in the next five years, according to a study by Global Palladium Fund (GPF).
Christian Hecker, co-founder of Trade Republic Bank, a German bank and neo-broker, tells Asset News of their foray into France and their grand ambitions of democratising investment in the capital markets.
Allfunds Blockchain, the technology arm of Allfunds, and ConsenSys, an Ethereum software companies, have partnered to support the streamlining of the fund distribution value chain and other regulated industries.
Its managing director believes that bitcoin could “collapse completely”. It has levelled off at about $33,000.