Dashboard Members Community Updates Organizations Login Sign Up
Trending Updates Most Upvotes Most Comments Most Shared Post
x
#

#institutional

2

Copy linkCopy link to post
Bruce B. Dec 22, 2022
Financial Services News
Last active over 7 days
Last active over 7 days
U.S. neobank Cogni today debuted its noncustodial wallet. Founded in 2018, in the Barclays' accelerator program, Cogni has refocused on web3, following in the footsteps of Revolut, N26 and Step.

Currently, Cogni's wallet acts as a shell that allows users to simply hold, send and receive crypto, but a forthcoming partnership with an as-yet-unnamed exchange will let users purchase crypto in-app.

Neobanks have so far largely sought to build out crypto investment tools via custodial solutions provided by third-party crypto service providers. Cogni's wallet, which is integrated with a bank account, will connect directly to an exchange which allows them to provide institutional rates to regular customers.

Unlike other fintech companies, Cogni's wallet is built alongside its preexisting banking services in the app. This means that users can view everyday transactions and bills — ticket purchases, grocery bills and paychecks — alongside on-chain transactions in one interface.

The startup is also looking to dive deeper into NFTs with an integration that will be rolled out after the wallet's launch. There are plans in the pipeline to enable NFT-based profile pictures.

In April, Cogni raised a $23 million Series A led by Korean firm Hanwha Asset Management and CaplinFO. The wallet will launch from the outset as a multi-chain solution and look to expand into new layer-one networks such as Aptos in the coming months.

#nonfungible1 #preexisting3 #cryptocurrency9 #preexisting2 #preexisting1 #preexisting0 #noncustodial2 #nonfungible0 #multichain0 #noncustodial #noncustodial1 #institutional7 #accelerator1 #accelerator #cryptocurrency8 #accelerator0 #noncustodial0 #accelerator7 #preexisting9 #transactions9 #nonfungible9 #preexisting8 #preexisting7 #transactions8 #noncustodial9 #cryptocurrency #institutional6 #transactions7 #institutional5 #nonfungible8 #accelerator6 #accelerator5 #cryptocurrency1 #nonfungible7 #cryptocurrency7 #cryptocurrency0 #preexisting6 #transactions6 #nonfungible6 #accelerator9 #institutional #cryptocurrency6 #transactions5 #cryptocurrency5 #transactions4 #preexisting #institutional4 #transactions #nonfungible5 #noncustodial8 #accelerator8 #cryptocurrency4 #transactions3 #nonfungible5 #accelerator4 #cryptocurrency3 #transactions2 #cryptocurrency2 #transactions1 #accelerator3 #nonfungible #accelerator2 #noncustodial7 #institutional3 #transactions0 #preexisting5 #institutional2 #institutional9 #preexisting4 #accelerator1 #profilepictures #noncustodial6 #institutional8 #nonfungible4 #noncustodial5 #management #institutional1 #multichain #noncustodial4 #institutional0 #nonfungible3 #noncustodial3 #nonfungible2

https://youtu.be/HoC6tVlzhZE
 
Copy linkCopy link to post
Bruce B. Nov 21, 2022
Financial Services News
Last active over 7 days
Last active over 7 days
Cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave.

Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round.

Ngrave specializes in self-custody, providing a security suite comprising three major elements, including the connectionless hardware wallet Zero, key backup tool Graphene, and the Liquid mobile app.

Binance co-founder, and head of Binance Labs, Yi He, pinpointed that security remains one of the biggest challenges for crypto adoption. “Self-custodial wallets are one of the most secure methods for storing digital assets,” she said.

Binance Labs is excited to capitalize on the emerging hardware wallet sector and partner with Ngrave

to bring sophisticated wallet products to both retail and institutional users,” Investment Director Tyler Z added.

CZ himself admitted that centralized exchanges may no longer be necessary as investors would shift to self-custodial solutions.

The Binance CEO said. “If we can allow people to hold their own assets in their own custody securely and easily, in a way that 99% of the population can do it, centralized exchanges will not exist, or probably don’t need to exist.”

#intelligence1 #bulletpoint0 #intelligence #decentralized3 #institutional9 #selfcustodial7 #intelligence9 #binancelabs #selfcustodial6 #intelligence8 #institutional0 #investment #institutional8 #institutional7 #institutional6 #bulletpoint5 #selfcustodial5 #cryptocurrency #intelligence7 #institutional5 #selfcustody #intelligence6 #decentralized9 #institutional4 #institutional3 #bulletpoint4 #bulletpoint3 #decentralized2 #decentralized8 #selfcustodial #decentralized1 #decentralized7 #selfcustodial4 #selfcustodial3 #institutional #institutional2 #selfcustodial2 #decentralized6 #selfcustodial2 #centralized #decentralized #intelligence5 #intelligence4 #decentralized5 #decentralized4 #selfcustodial1 #intelligence0 #decentralized0 #bulletpoint #selfcustodial9 #selfcustodial8 #intelligence3 #intelligence2 #selfcustodial0 #institutional1 #bulletpoint2 #bulletpoint1

https://youtu.be/MNJPeCU6Gi8
 
Trending Updates
Master C. Jan 8, 2023
Online and active
  1 comment
Master C. Aug 9, 2022
Online and active
  5 comments
Master C. Jun 17, 2022
Online and active
  3 comments
Stephen W. Mar 18, 2022
Last active over 7 days
  4 comments
Angel L. Jan 11, 2023
Last active in the past 7 days
  3 comments
Luisa F. Mar 7, 2024
Last active over 7 days
  6 comments
Master C. May 13, 2022
Online and active
  2 comments
Angel L. Apr 17, 2022
Last active in the past 7 days
  5 comments
Master C. Oct 5, 2022
Online and active
  5 comments
Angel L. Nov 11, 2022
Last active in the past 7 days
  1 comment
Members online now (9)
Online and active
Online and active
Online and active
Online and active
Online and active
See more