Author: Charlotte

Photo: Galaxy Digital Galaxy Digital has launched a collateralized lending service for retail clients, allowing them to borrow cash without selling their crypto holdings. The Block reported on Aug. 26 that Galaxy Digital rolled out a product called the Crypto Portfolio Line of Credit through its retail platform, GalaxyOne. The revolving credit line lets clients pledge Bitcoin, Ether and Solana as collateral to borrow either US dollars or the stablecoin USDC. Staked SOL also qualifies as collateral. “We can now offer a secured lending product with competitive rates, security and flexibility by using Galaxy’s institutional-grade infrastructure,” GalaxyOne Managing Director Jack…

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Visa is working with Nium to explore seven-day stablecoin settlement through Singapore’s BLOOM initiative, as the payments giant tests faster and more programmable cross-border flows, Fintech News Singapore reported.The BLOOM pilotLed by the Monetary Authority of Singapore, BLOOM stands for Borderless, Liquid, Open, Online and Multi-currency, and brings together financial institutions and industry participants to test faster cross-border payments. Maybank Singapore recently joined the initiative to help develop common standards and infrastructure for tokenised cross-border payments. Nium is Visa’s first pilot partner under the program, and because payment settlements typically take place on business days, the two companies will explore…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailVanEck’s Matthew Sigel says Democrat’s victory in the midterm elections would not hurt Bitcoin, but could be a problem for other cryptocurrencies. He says President Trump’s support for Bitcoin, along with his family’s stake in World Liberty Financial is positive for the U.S. economy because digital assets have the potential to unleash productivity gains. Source link

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Every private equity fund insists that they’re working on value creation. But most are barely moving the needle, and traditional strategies no longer make a material difference. It is clear that new thinking is needed. We believe that to differentiate, attract capital, and achieve superior returns, funds need to focus on alpha creation above all. After some great years, private equity returns have flattened Private equity had a great run in the years between the global financial crisis and the COVID 19 pandemic, delivering strong returns on the basis of four powerful sources of value creation. Leverage and multiple expansion…

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This year’s nomination follows Park as she returns home to Daegu, South Korea to confront her family over abuse from her childhood.The filmmaker said she was excited to rub shoulders with “legendary directors” at the awards ceremony, hosted by Alan Cumming, at Southbank Centre’s Royal Festival Hall.She said: “I didn’t expect that we could achieve this far with our tiny film. Personally, this opportunity made me feel like I belong here in this industry and in this gigantic film world.”I could never have done this alone, the NFTS gave me a safe space to experiment with my ideas and to…

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