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TRM Labs Announces Strategic Investment from JPMorgan Chase & Co. in Blockchain Intelligence Platform
TRM Labs, a leader in blockchain intelligence, announced today that JPMorgan Chase & Co. has joined the roster of leading financial firms to invest in its crypto compliance and risk management technology. Financial institutions, cryptocurrency businesses, regulators, and law enforcement agencies worldwide use TRM’s technology to monitor cryptocurrency transactions for suspicious activity and to trace the movement of stolen or other illicitly obtained funds.
“This investment clearly highlights the significance of the growing crypto economy and the importance of building trust and safety in this ecosystem to sustain its growth,” said Esteban Castaño, Co-Founder and CEO of TRM. We’re thrilled to build on this opportunity as we work to enable a safer crypto economy for all.”
“TRM’s vision to drive security and integrity in crypto ecosystems through sophisticated analytics solutions aligns with our ambitions for building blockchain products at J.P. Morgan that are compliant and secure,” said Umar Farooq, CEO, Onyx by J.P. Morgan. “We’ve spent the last six years exploring the possibilities and applicability of blockchain technology – leading infrastructure companies like TRM will help usher in the future of secure blockchain and crypto use cases.”
TRM’s Transaction Monitoring solution allows financial institutions and cryptocurrency businesses to meet Anti-Money Laundering (AML) regulatory requirements and manage reputational and operational risk. Additionally, law enforcement agencies use TRM’s Forensics tool to investigate sophisticated crypto-related crime. TRM is the only platform that provides cross-chain analytics, which allows detection and investigation of high-risk activity across multiple blockchains, providing unique insight into money laundering techniques increasingly used by sophisticated threat actors.
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Morgan Stanley Investment Management Enters Digital Investments Universe With Launch of Morgan Stanley Bitcoin Trust
Morgan Stanley Investment Management announced the launch of Morgan Stanley Bitcoin Trust, an ETP that seeks to track the performance of bitcoin
Bitget and Republic Unlock Retail Access to SpaceX Pre-IPO Opportunities
Bitget, the world’s largest Universal Exchange (UEX), has launched IPO Prime, introducing a new market structure that enables users to access and trade pre-IPO exposure to global unicorn companies such as SpaceX.
Canton Network Brings Custody-native Credit Onchain with PCP
PCP (Programmable Credit Protocol), the credit orchestration infrastructure for tokenized assets, today announced partnerships with Digital Asset, the technology company behind the Canton Network, and the Canton Foundation, the independent governing body of the Canton Network, to bring institutional credit infrastructure to the Canton ecosystem.
Crypto Pioneer David Wachsman Leads Investment Group’s Acquisition of Hawkeye Systems
Technology holding company Hawkeye Systems Inc. (OTC: HWKE) (“Hawkeye” or the “Company”) today announced that an investment group led by David Wachsman, a crypto pioneer and the founder and CEO of Wachsman, has taken a controlling interest in the Company.
RealFi Launches USDr: Turning Idle Stablecoins into Real-World Returns.
RealFi today announced the launch of its platform alongside the introduction of USDr, a decentralised, yield-bearing stablecoin pegged to the US dollar. USDr serves as the entry point into the RealFi ecosystem, enabling investors to put their dormant stablecoins to work, earning real returns.
Confirmo Becomes One of Europe’s First Fully Dual-Licensed Stablecoin Payment Providers Following Central Bank of Ireland Authorisation
Confirmo today announces that its Irish entity, Confirmo Limited, has received authorisation as Payment Institution
Global Settlement Holdings to Acquire Controlling Stake in Uganda’s AKIBA, Targeting $1.5 Billion in Tokenized Infrastructure
Global Settlement Holdings Inc. ("GSH") today announced it will acquire a controlling stake in AKIBA International Limited ("AKIBA") to build a regulated broker-dealer and exchange platform for tokenized infrastructure, mining assets, and trade finance instruments in Uganda. The joint venture will target up to US$1.5 billion in capital commitments for real-economy tokenization projects and will operate under the Bank of Uganda's Regulatory Sandbox Program with banking integration through local banking partners.
InsurTech NY: Pliant on Automating Payouts and Fighting Insurance Fraud with Virtual Cards
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InsurTech NY: Scout Insurtech Reveals the AI Paradox
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NOTO: Why Fraud is Now Your Financial Institution’s Competitive Differentiator
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Finastra: Why AI Is Accelerating Bank Modernisation
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Finastra: How AI and Modernisation Are Converging
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COVU Launches COVU OS, the AI-Native Operating Layer Rebuilding How Insurance Work Gets Done
COVU announced the launch of COVU OS, the core operating layer of its AI-native operating stack for insurance distribution
Tribe Payments Joins Emerging Payments Association Asia as APAC Expansion Gathers Pace
Tribe Payments has joined the EPAA, strengthening its engagement with banks, fintechs and payment providers across the Asia-Pacific payments ecosystem.