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.
Valued at more than $10bn in its latest fundraising round, it is now Europe’s most valuable fintech and the world’s fourth most valuable one.