DigitalX has secured A$2 million to fund a strategic investment in Singaporean based Bullion Asset Management Services (BAM).
Exchange-traded funds looking to tap some of the hottest investment trends are going undercover.
Some of the world’s largest lenders, law firms and real estate companies are turning to the technology behind Bitcoin to streamline the process of buying and selling property.
Bitcoin climbed suddenly on Tuesday to the highest level since November, leading a surge in virtual currencies and ending three months of calm in the US$160 billion market.
When Ethereum debuted in 2015, it was hailed as the more savvy successor to Bitcoin because it offered tools that allowed programmers to create apps that could perform transactions automatically rather than just serving as a means of exchange.
Bitcoin advanced to the highest level of 2019, the latest milestone for cryptocurrencies as they claw back from a year that saw three-quarters of their market value wiped out.
Australian digital asset trading firm TrigonX is one of four liquidity providers to partner with Digital Asset Custody Company (DACC).
The partnership is part of DACC’s aim to give customers access to pools of liquidity and prices from some of the leading worldwide OTC desks, including TrigonX, Cumberland, GSR Markets and JST Capital LLC.