ChainCatcher news, according to Crowdfund Insider, Crypto.com has acquired global financial trading and brokerage services company Charterprime Ltd., which holds an investment dealer license and a global business license issued by the Mauritius Financial Services Commission.Crypto.com CEO Kris Marszalek stated that this acquisition is the latest step in its roadmap to "integrate traditional finance and crypto tools into a simple app with rewards."

ChainCatcher news, according to official sources, Crypto.com has announced the acquisition of Fintek Securities Pty Ltd. (Fintek), a brokerage and trading company that holds an Australian financial services license and is regulated by the Australian Securities and Investments Commission.Through this acquisition, Crypto.com’s subsidiary will be able to offer a wide range of financial products to eligible users, including deposit products, derivatives, securities, foreign exchange, and managed investment schemes. This acquisition marks Crypto.com's second time achieving traditional brokerage capabilities through its subsidiary, having previously acquired SEC-registered Watchdog Capital, LLC.

ChainCatcher news, according to financefeeds, Crypto.com announced the acquisition of SEC-registered broker-dealer Watchdog Capital to expand its product offerings and broaden investment channels for eligible U.S. traders in stocks and options.

ChainCatcher news, cryptocurrency exchange and custodian Archax has agreed to acquire the Spanish brokerage King & Shaxson Capital Markets (KSCM) to expand its business in the EU following the implementation of the MiCA regulations.KSCM was established in 2019 in Madrid, serving pan-European institutional clients. After the acquisition, it will become a wholly-owned subsidiary of Archax. This acquisition will enable the FCA-registered company to extend its existing brokerage business, multilateral trading facilities (MTF), and custody services to Europe, while adding crypto derivatives to its license.

ChainCatcher news, Hong Kong's largest licensed virtual asset exchange HashKey Exchange announced today that its asset scale has exceeded HKD 5.5 billion, with total trading volume surpassing HKD 540 billion, and significant progress has been made in multiple business areas.With the further integration of traditional finance and the crypto industry, HashKey Exchange has attracted a large influx of funds from institutional investors. Among them, Omnibus brokerage services and institutional investor trading have seen significant growth.As of October 30, the total trading volume of Omnibus reached HKD 3.9 billion, with a monthly growth rate of 58.3%. Meanwhile, the proportion of institutional investor trading increased from 4.19% in July to 14.74% in October. In the future, as market activity continues to rise, HashKey Exchange will continue to promote its business expansion.

ChainCatcher news, the crypto insurance brokerage Native has completed a $2.6 million seed round financing, led by Nexus Mutual.Native will provide $20 million of on-chain insurance for each risk and will operate a fund pool on Nexus Mutual.Ben Davies, co-founder and CEO of Native, stated in an interview: "Native's role is to help address the long-standing issue of underinsurance in the market. Without a liquid insurance market, no industry can thrive, which is why we have established an on-chain commercial insurance brokerage, something that the market truly lacks."

ChainCatcher news, the innovative brokerage HabitTrade announced a strategic partnership with ChainCatcher, and the two parties will jointly launch a one-stop financial information product for qualified investors.It is reported that HabitTrade has combined years of securities system capabilities with Web3 technology to provide qualified investors with flexible global asset management solutions, optimizing asset allocation and enhancing investment efficiency. In addition, HabitTrade currently holds securities financial licenses in countries and regions such as the United States, Australia, and Hong Kong.

ChainCatcher news, HashKey Exchange continues to hold its position as the largest licensed virtual asset exchange in Hong Kong. As of October 16, according to the latest data from Coingecko, HashKey Exchange ranks among the top 8 global exchanges, making it the highest-ranked licensed virtual asset exchange in Hong Kong.HashKey Exchange's total trading volume has surpassed HKD 538 billion, with user assets exceeding HKD 5 billion, marking significant breakthroughs in multiple business areas for the company. Notably, with in-depth cooperation with several leading brokerages, HashKey Exchange's Omnibus brokerage services have seen substantial growth, with total trading volume reaching HKD 3.3 billion as of October 17, and a quarterly growth rate of 1272%. As a core brokerage service provider in Hong Kong, HashKey Exchange will continue to focus on providing convenient, secure, and efficient virtual asset deposit and withdrawal functions for brokerage investors in the future.Additionally, in celebration of its first anniversary, HashKey Exchange launched trading for Avalanche (AVAX) and Chainlink (LINK) to Hong Kong retail investors on August 28. This marks the first addition of new trading tokens in Hong Kong since the start of retail trading in August 2023, aside from Bitcoin and Ethereum. HashKey Exchange has submitted its third batch of trading token applications to regulators and plans to continue expanding the range of assets available for retail trading, offering diversified investment options to the market and investors.

ChainCatcher news, according to Jinshi's report citing 21 Finance, many investors reported delays in brokerage trading this morning.In response, the reporter contacted the investor relations department of Tonghuashun as an investor. A relevant person stated that, as far as we know, it seems that other brokerages are experiencing similar issues and are currently investigating the cause. The company is investigating based on the (account opening) brokerage firms reported by customers and has not yet determined which party is at fault, and is handling it urgently.In addition, the Shanghai Stock Exchange trading system is experiencing delays, and both the exchange and brokerages are urgently investigating and repairing the issue.

ChainCatcher news, according to The Block, crypto brokerage Prometheum announced the inclusion of two digital assets, Uniswap (UNI) and Arbitrum (ARB), into its custody services, with plans to launch to institutional investors in the third quarter of 2024.In the future, the company also plans to expand its digital asset custody services to support investment products issued and transferred on the blockchain, including bonds, stocks, ETFs, mutual funds, options, and money market funds.

ChainCatcher news, according to CoinDesk, Hong Kong's largest tech brokerage futuhk announced on Thursday that it has launched trading for Bitcoin and Ethereum, and is offering Alibaba Group and Nvidia as part of its reward mechanism.

ChainCatcher news, the BTC native re-staking chain BounceBit announced the launch of its on-chain brokerage service Superfast in the third quarter of this year, aimed at addressing the liquidity shortage issues caused by inter-chain fragmentation of BBTC and BBUSD, and will initiate a large-scale BB reward campaign in the third quarter of 2024.Superfast will combine the concepts of Liquid Custody Tokens (LCT) and centralized exchanges (CEX) to achieve fast settlement and high liquidity for on-chain transactions, supporting ultra-liquid exchanges of BB, BBUSD, and BBTC.

ChainCatcher news, Nomura's cryptocurrency division Laser Digital Limited has obtained a brokerage license for traditional and digital assets in the Abu Dhabi region.The new license will enable Laser Digital to provide brokerage services for digital and traditional assets, as well as asset and fund management services in the region.

ChainCatcher news, according to the Securities Times, some Hong Kong brokerages are planning to provide trading services for virtual assets such as Bitcoin, allowing investors to trade Bitcoin and other virtual assets directly through the brokerage app. Some brokerages have indicated that revenue related to virtual assets could account for about a quarter of the company's total revenue.It is reported that investors need to open a virtual asset account on the brokerage app to trade Bitcoin and other virtual assets. After completing this, they must fill out and sign four documents in electronic or paper form: the Additional Agreement for Virtual Asset Trading, the Additional Risk Disclosure Statement for Virtual Assets, the Risk Tolerance Questionnaire, and the Knowledge and Experience Questionnaire for Virtual Assets. Brokerages have set a relatively low entry threshold for trading virtual assets, with a minimum trading threshold starting at $100.

ChainCatcher news, the wholly licensed financial company Guofu Innovation listed in Hong Kong announced that its subsidiary has invested in the hedge fund under Tide Capital, with the specific amount not disclosed. Jasper Wu, the founder of Tide Capital, stated that Hong Kong has recently approved Bitcoin and Ethereum spot ETFs, which means that digital assets have officially entered the mainstream financial market. It is reported that Tide Capital will engage in deep cooperation with Guofu Innovation to actively expand the trading and investment of compliant digital assets.

ChainCatcher news, according to CoinDesk, U.S. brokerage BTIG stated in a research report that MicroStrategy has a good track record of creating value for shareholders, reaffirming its buy rating on the stock and raising its target price from $780 to $1,800.Analysts Andrew Harte and Thomas Smith wrote that MicroStrategy's stock price has increased by 155% this year, primarily due to a 50% rise in Bitcoin prices, continuous financing, and the implied premium of MicroStrategy's Bitcoin holdings rising from about 1.5 times last year to over 2 times.The report stated that in the company's sum-of-the-parts (SOTP) valuation analysis, investors showed support for a higher implied Bitcoin premium, noting that although this premium has increased compared to historical levels, "investors have demonstrated a willingness to invest due to their optimism about the premium."

ChainCatcher news, Matrixport stated on social media that it has launched a wholesale brokerage service called Phoenix Prime, which will transform the existing crypto PB model and address fragmented liquidity by providing a solution that combines minimal latency with maximum capital efficiency.

ChainCatcher news, insurance brokerage Marsh announced in a press release that it has launched a digital asset custody insurance product with a capacity of up to $825 million, making it the largest of its kind.The company stated that the new insurance product will support organizations that store digital assets offline in cold storage, as well as other custody solutions such as multi-party computation (MPC), where cryptographic keys are sharded.

ChainCatcher news, according to the Hong Kong Economic Journal, HashKey is collaborating with over 10 brokers as a licensed custodian to prepare for a spot ETF. HashKey expects that there will be clear news regarding the Hong Kong Bitcoin spot ETF in the first half of this year.In addition, Pan Chih-yung, Executive Director of another licensed platform OSL, stated that OSL's mobile application has been preliminarily launched in the market, collecting user feedback for optimization, and plans to officially launch as soon as possible to provide users with a more convenient and diverse investment experience.