The cumulative transfer of up to $20 billion in cryptocurrencies to a Garantex Exchange has suddenly piqued the interest of authorities in the United States and in the UK owing to its potential violations of Russian sanctions Garantex Caught In Between Russian Sanctions Evasion Markedly, these authorities were privy to information about some crypto transactions The post Russia’s Garantex $20B Crypto Inflow Under Probe By US and UK Authorities appeared first on CoinGape .
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Banks like Citi adopt blockchain and tokenization in private markets
In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering. This endeavor was designed to demonstrate how a blockchain network can tokenize a private equity fund. Wall Street may embrace distributed ledger technology on a broader scale if the A/B testing proves fruitful. Chainlink, a …
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Crypto VC Fund Raises $75M From Marc Andreessen, Galaxy Digital Invest
Venture capitalist Marc Andreessen, along with Accolade Partners and Galaxy Digital, has infused a substantial $75 million into the latest funding round of 1kx, a leading crypto venture capital firm renowned for its early-stage investments in crypto infrastructure, consumer applications, and middleware. This significant investment catapults 1kx’s total capital raised to $200 million since the The post Crypto VC Fund Raises $75M From Marc Andreessen, Galaxy Digital Invest appeared first on CoinGape .
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