PostFinance, Switzerland’s fifth-largest financial services firm, says it will begin offering its users access to cryptocurrency, thanks to a partnership with regulated digital asset services provider Sygnum Bank. PostFinance, which is owned by the Swiss government, will start by providing its 2.5 million customers access to buy, store and sell leading cryptocurrencies such as bitcoin (BTC) and ether (ETH), with more crypto-tokens to be added in due course. Switzerland marches to the beat of...

Ledger, best known for cryptocurrency hardware storage devices, is targeting institutions with an open, enterprise-grade trading platform designed to meet their risk management and regulatory requirements. The Ledger Enterprise Tradelink network, announced Wednesday, has signed up a number of crypto exchange and broker partners including Crypto.com, Bitstamp, Huobi, Uphold, CEX.IO, Wintermute, Coinsquare, NDAX, Damex, Bitazza, Flowdesk and YouHodler. In the wake of events like last year's...

Cryptocurrency payments specialist Stellar is linking to Polkadot and its sister network Kusama via the newly built Spacewalk bridge, a move that will connect the two blockchain ecosystems with Stellar’s fiat on-ramps around the world. The bridge, built by recent Polkadot parachain auction winner Pendulum, aims to connect decentralized finance (DeFi) applications with foreign exchange (forex) markets, especially in emerging markets where, since it was founded in 2014, Stellar has built up a...

Ethereum development shop ConsenSys has acquired Hal, a platform that sifts through blockchain data and allows users to create notifications for things like trading, governance voting and tax compliance, for an undisclosed amount. The acquisition brings 10 Hal employees and more than 40 application programming interfaces (APIs) for “blockchain listening and signals” to Infura, ConsenSys' popular Web3 connectivity layer. The APIs are part of an evolving process to make tools like Infura easier...

Elwood Technologies has added to its offerings to institutional clients with the introduction of a set of a risk management tools. The London-based company is aiming to provide clients with tools that "uphold the standards set by traditional asset classes," CEO James Stickland said in an announcement on Tuesday. The collapse of a number centralized platforms in recent months has highlighted the need for risk controls and keeping close tabs on collateral. Elwood's new offering includes live...