investment

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Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments

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Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit … Read more

XDC Accelerates Network Expansion With LDA’s $50 Million Investment

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XinFin (XDC) Network, known for secure, scalable, and highly efficient blockchain use cases, have received an investment worth $50 million from the global alternative investment group,  LDA Capital Limited. The investment originated by leveraging a portion of the token from the XDC founder’s allocation. Ritesh Kakkad and Atul Khekade, the co-founders of XDC Network, are … Read more

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year

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Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have … Read more

Digital Token Issued In Russia to Facilitate Investments in Palladium

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Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of … Read more