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Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Abu Dhabi-based MGX wealth management fund has acquired an undisclosed stake in Binance for $2 billion (roughly Rs. 17,403 crore). According to Binance co-founder Changpeng Zhao, this marks the platform’s first institutional investment.
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CoinSwitch Lifts Curtains off New Umbrella Brand ‘PeepalCo’, Plans to Expand Wealth Tech
CoinSwitch now has an umbrella brand called PeepalCo, which will now envelope three platforms owned by the same company. As per Ashish Singhal, Co-Founder and Group CEO, PeepalCo group, this branding will allow the management to align in-hand resources more efficiently.
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ICICI Securities March Quarter Profit Rises 3% To Rs 340 Crore
ICICI Securities on Wednesday reported a 3 per cent growth in profit after tax (PAT) at Rs 340 crore for the quarter ending March 31, 2022
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Wealthtech Start-up Partners With Smallcase To Offer Diversified Investment Options
Wealth management startup Tarrakki announced a strategic partnership with investment platform Smallcase to offer a long-term equity portfolio to users.
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Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Abu Dhabi-based MGX wealth management fund has acquired an undisclosed stake in Binance for $2 billion (roughly Rs. 17,403 crore). According to Binance co-founder Changpeng Zhao, this marks the platform’s first institutional investment.
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CoinSwitch Lifts Curtains off New Umbrella Brand ‘PeepalCo’, Plans to Expand Wealth Tech
CoinSwitch now has an umbrella brand called PeepalCo, which will now envelope three platforms owned by the same company. As per Ashish Singhal, Co-Founder and Group CEO, PeepalCo group, this branding will allow the management to align in-hand resources more efficiently.
-
ICICI Securities March Quarter Profit Rises 3% To Rs 340 Crore
ICICI Securities on Wednesday reported a 3 per cent growth in profit after tax (PAT) at Rs 340 crore for the quarter ending March 31, 2022
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Wealthtech Start-up Partners With Smallcase To Offer Diversified Investment Options
Wealth management startup Tarrakki announced a strategic partnership with investment platform Smallcase to offer a long-term equity portfolio to users.
