BlackRock Plans to Launch Bitcoin-Linked ETP in Switzerland

2025-01-14

Sygnum, a global digital asset banking group, has secured US$ 58 million in an oversubscribed funding round, earning it unicorn status with a valuation to over US$ 1 billion.
The round bolstered Sygnum’s balance sheet and CET1 capital, supporting plans for future growth.
Led by Bitcoin-focused venture capital firm Fulgur Ventures, the round saw participation from new and existing investors, along with Sygnum’s co-founders, board, and team members, who continue to hold a majority ownership in the company.
The funds will be used to expand Sygnum’s market presence in the EU/EEA and Hong Kong, enhance institutional infrastructure, and develop Bitcoin-focused products.
Additional investments will strengthen compliance, risk management, and organisational resilience.
Sygnum reported strong

2025-01-06

Q4 2024 witnessed a remarkable resurgence in the cryptocurrency market, highlighted by bitcoin surpassing the historic US$100,000 milestone on December 05.
This surge was fueled by significant events, notably Donald Trump’s election victory, which spurred expectations of a pro-crypto regulatory shift. South Korea also played a key role in the global trading surge, driven by an altcoin frenzy.
According to CCData, a data and index solutions provider specializing in the digital asset market, aggregate trading volumes across major South Korean exchanges, including Upbeat and Bithumb Korea, reached a record of US$254 billion, representing a a staggering 294% month-on-month (MoM) increase. South Korea now accounts for 7.38% of the total spot trading volumes on centralized exchanges.
November

2024-12-10

Retail investors are showing distinct behavioral patterns when trading cryptocurrencies compared to traditional assets such as gold and stocks. Traditionally, investors tend to sell their stocks and gold when prices rise.

2024-10-09

21.co, the parent company of 21Shares – one of the world’s largest issuers of crypto exchange traded products (ETPs), and Crypto.com announced that they have entered into a strategic partnership.
Central to the partnership, 21.co Wrapped Bitcoin (21BTC) will source Bitcoin liquidity from Crypto.com, leveraging the exchange’s liquidity. Looking ahead, 21.co and Crypto.com intend to build on the strategic partnership, with future announcements in the pipeline.

Eliezer Ndinga
“We are thrilled to integrate 21BTC with Crypto.com, enhancing user access to crypto and marking the starting point of a long-term, strategic partnership. As two leaders in digital asset innovation, know-how and operations, the 21.co–Crypto.com partnership creates a powerful combination,”
said Eliezer Ndinga, Head of

2024-09-19

In 2024, global cryptocurrency activity continues to grow, with developing economies leading in crypto ownership.
Adoption of the new asset class is increasing worldwide, driven in part by the launch of bitcoin and ether exchange-traded funds (ETFs) in the US, which has boosted adoption, particularly in institutional transfers and higher-income regions.
However, regulatory concerns remain a key obstacle, especially in the US and UK, though Europe is taking steps to address these challenges with the Markets in Crypto-Assets (MiCA) regulation.
Global crypto activity on the rise
Global crypto activity has continued to rise this year despite market volatility. Between Q4 2023 and Q1 2024, the total value of global crypto activity rose substantially, reaching higher levels than those of 2021

2024-09-04

Ab dem 4. September 2024 können Kundinnen und Kunden über die Zürcher Kantonalbank Kryptowährungen rund um die Uhr direkt im ZKB eBanking oder ZKB Mobile Banking Crypto handeln.
Die Bestände der Kryptowährungen werden dabei in die bestehende Depotsicht integriert. Vorerst stehen Bitcoin und Ethereum zur Auswahl.
Crypto Verwahrung
Kryptowährungen nutzen die Blockchain. Mit den Chancen und Risiken dieser Technologie beschäftigt sich die Zürcher Kantonalbank schon seit Längerem.
2021 war die Bank beispielsweise an der Emission der weltweit ersten digitalen Anleihe an der SIX Digital Exchange beteiligt, 2023 wickelte sie als Joint Lead Managerin im Rahmen eines Pilotprojekts der Schweizerischen Nationalbank die Ausgabe digitaler Anleihen mit digitalem Zentralbankgeld ab.
Alexandra Scriba

2024-09-04

Tornado Cash, a decentralized smart contract protocol built on the Ethereum blockchain, was sanctioned in 2022 by the US Treasury’s Office of Foreign Assets Control (OFAC) for its role in laundering over US$7 billion worth of illicit funds since 2019.
The sanctions initially led to a drop in Tornado Cash use, weakening its ability to provide anonymity. However, transactions on the platform continue, reflecting the mixed effectiveness of sanctions on decentralized networks and highlighting the challenges in regulating these systems, a new research paper by the Swiss National Bank (SNB) says.
The SNB working paper, released in August 2024, assesses the impact of OFAC sanctions on Ethereum communities and actors, with a particular focus on Tornado Cash.
Tornado Cash is a cryptocurrency mixer

2024-08-21

In der Schweiz und Liechtenstein hat sich in den letzten Jahren ein diverses Ökosystem rund um Investitionen in Crypto Assets entwickelt.
Auch in den letzten zwölf Monaten ist dieses stetig gewachsen und hat an Vielfalt hinzugewonnen. Die Regionen Zug und Zürich beherbergen die grösste Anzahl von Unternehmen. Einen aktuellen Überblick gibt die neueste «Crypto Assets Study» der Hochschule Luzern.
Zwischen Juli 2023 und Juni 2024 haben sich die Preise und die Marktkapitalisierung von Bitcoin und anderen Crypto Assets erheblich erhöht. Auch das Schweizer und Liechtensteiner Ökosystem für entsprechende Investitionen ist gewachsen – sowohl, was Anbieter als auch was Produkte angeht.
Ende Juni zählten die beiden Länder insgesamt 359 Unternehmen, die Produkte und Dienstleistungen rund um