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Latest Results from /markets

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Point72 Ventures ditches fintech team – Forbes

Point72 Ventures has fired five of their investors, three from fintech and two from their digital assets team, according to two sources with knowledge of the situation.

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Crossover Markets scores $12 million funding round

Digital asset trading technology firm Crossover Markets has raised $12 million in a Series A funding round led by Illuminate Financial and DRW Venture Capital.

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Augmentum Fintech invests in LoopFX

Augmentum Fintech has made a £2.6 million investment in London-based peer-to-peer FX trading platform LoopFX.

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Mosaic and Euroclear team to generate smarter fixed income data

Mosaic Smart Data has teamed up with Euroclear to launch Smart Markets, an AI-powered tool for parsing unstructured fixed income data to generate actionable trading insights.

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Trading app gamification can increase risk taking - FCA

Gamification features such as push notifications and prize draws used by trading apps can increase risk taking among users, according to research from the Financial Conduct Authority.

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Uzbek mobile bank TBC secures $10m credit from impact investor responsAbility

TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.

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Swiss National Bank to expand wCBDC trials

The Swiss National Bank is to expand its wholesale central bank digital currency pilot, Helvetia, for a further two years after promising results in early trials.

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Revolut adds bond trading

Revolut is adding the ability to buy and sell corporate and government bonds for its users across Europe.

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Investment data management platform Finbourne raises £55 million

Cloud-based investment data management platform Finbourne has raised £55 million in Series B funding.

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Boerse Stuttgart Digital hires Solaris tech lead as CTO

The digital assets arm of Boerse Stuttgart has hired Solaris tech chief Dennis Winter as CTO.

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US judge green lights Terraform's $4.5bn SEC settlement

Terraform Labs and its former CEO Do Kwon have reached a $4.5 billion settlement with the SEC after a jury verdict held them liable for orchestrating a years-long fraud involving crypto asset securities that led to massive investor losses when the scheme unravelled.

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Finextra launches NextGen:AI, a new event defining AI's future in financial services

Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.