News Centre

Umbrella Network Announces Partnership with IX Swap To Bring Real-Time Data To Tokenized Stock Platform - As A Part Of This Partnership, The Two Will Join Forces To Create The First-Ever Custom Data Feed For Private Asset Data

Date 16/09/2021

Umbrella Network (https://www.umb.network/), the decentralized Layer-2 oracle solution, announced today, a partnership with IX Swap, the world's first DeFi platform that offers Automated Market Making (AMM) & Liquidity Pools for Security Tokens and tokenized stocks.

LayerZero Secures $6M In Series A Co-Led By Multicoin Capital And Binance Labs To Launch The First Omnichain Interoperability Protocol - New Protocol Unites Applications Across Disparate Blockchains, Expands Interoperability Design Space Beyond Cross-Chain Bridges

Date 16/09/2021

LayerZero, an omnichain interoperability protocol that unites decentralized applications (dapps) across disparate blockchains, today announced that it raised $6.3M in a Series A round co-led by Multicoin Capital and Binance Labs with participation from Sino Global Capital, Defiance, Delphi Digital, Robot Ventures, Spartan, Hypersphere Ventures, Protocol Ventures, Gen Block Capital. The project previously raised $2M in a series seed bringing its total financing to date to $8.3M. The new funds will be used to further the development of LayerZero endpoints across the ecosystem and drive adoption of the protocol. LayerZero is currently under audit and is expected to launch in early Q4 2021. 

Moscow Exchange: Risk Parameters Change For The Securities

Date 16/09/2021

The following risk parameters will be changed:

UK Financial Conduct Authority And The Pensions Regulator Outline A Framework For Value For Money In Defined Contribution Pension Schemes

Date 16/09/2021

The FCA and The Pensions Regulator (TPR) have published a joint discussion paper on developing a common framework for measuring value for money (VFM) in defined contribution (DC) pension schemes. The aim of the two regulators is to drive a long-term focus on VFM across the pensions sector

Synechron Joins Green RWA Network To Enable Financial Services Clients To Gauge And Manage Climate-Related Financial Risks

Date 16/09/2021

Synechron, Inc., a leading digital consulting transformation firm focused exclusively on the financial services industry, today announced it has joined Green RWA, the acclaimed non-profit network dedicated to developing tools for financial institutions to manage the long-term risks associated with climate change.

UK Finance Report On The Financial Crime Risks From Cryptoassets

Date 16/09/2021

UK Finance, in conjunction with financial crime compliance firm Plenitude, has today released a report looking at the financial crime risk posed by cryptoassets and how to manage it appropriately.

The Future Of Emerging Europe Summit & Awards 2021

Date 16/09/2021

• The Future of Emerging Europe Summit & Awards 2021 took place in Brussels on 15 September 2021
• GPW CEO Marek Dietl took part in the Prosperity panel dedicated to strengthening of European emerging economies
• The Summit & Awards are organised by the international think tank Emerging Europe

Vitesco Technologies Group Aktiengesellschaft New In The Frankfurt Stock Exchange's Prime Standard

Date 16/09/2021

Vitesco Technologies Group Aktiengesellschaft (ISIN: DE000VTSC017) has been listed in the Prime Standard on the Frankfurt Stock Exchange since today. The shares had an initial listing price of €59.80.

National Day Holiday For The Saudi Exchange

Date 16/09/2021

Saudi Exchange will be closed for the National Day Holiday on Thursday 23-9-2021 (16 of Safar 1442). Trading will resume after the holiday on Sunday 26-09-2021 (19 of Safar 1443).

Support Legal Becomes First “New Law Practice” To Be Granted Legal Consultancy Licence By Dubai International Financial Centre

Date 16/09/2021

• The region’s leading boutique “New Law” firm recognised for pioneering change in the legal sector.
• New Law model is seen as the way forward for new economy businesses because it is a model underscored by technology and based on the value a lawyer adds as opposed to the traditional model of a lawyer billing by the hour.
• Licensing Support Legal to provide legal consultancy services within the Emirate of Dubai reinforces DIFC’s commitment to Innovation.
• Dubai considered one of the top global financial centres, driven by DIFC’s focus on providing an enabling platform for businesses to access opportunities across the MEASA region.