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investment

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Australian Minister Says Government Has 'No Issue' With Crypto Investment
Senator Jane Hume also said cryptocurrencies are "an asset class that will grow in importance."
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Wells Fargo
Wells Fargo to Offer Crypto Investment to Some Clients
The investments will likely be available to qualified investors next month.
Wells Fargo

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Crypto Assets Aren’t a ‘Real Investment,’ ECB Vice President Says
Crypto’s weak fundamentals mean investors should be prepared for more price swings, Luis de Guindos said.
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Crypto Funds Hit by Redemptions as Investors Retreat From Bitcoin
Investors have been diversifying out of bitcoin and into altcoin investment products, according to CoinShares.
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Mogo to Almost Double Stake in Coinsquare Crypto Exchange for up to $48.6M
Nasdaq-listed Mogo plans to lift its ownership position in the Canadian exchange to about 37%.
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Thiel, Novogratz Back $10B Funding for Block.one’s New Crypto Exchange Subsidiary
The new arm, Bullish Global, will be focused on the launch of a cryptocurrency exchange later this year.
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Bangkok Thailand
Brooker Group to Invest Almost $50M in DeFi, Dapp Startups
The publicly listed company said it already holds bitcoin.
Bangkok Thailand

Dollars
Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global
The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.
Dollars

UBS
UBS Exploring Ways to Offer Crypto to Wealthy Clients: Report
The Swiss bank exploring “several alternatives” for offering crypto, according to people familiar with the plan.
UBS

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Australian Traders Favor Stocks and Crypto, TradingView Survey Shows
Cryptocurrency was beaten as the top investors' choice by stocks, but only by 3%.
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