Republic Crypto's new Head of Growth and Ecosystem; Binance Labs' new investments.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tether and Bitfinex
Announce 100k USDT Grant for Qubes OS
Tether, a USDT stablecoin issuer, and Bitfinex, a digital asset trading platform, have committed 100,000 USDT to support the development of Qubes OS, an open-source operating
system for data security and privacy.
Announcing the grant on Tuesday, Paolo Ardoino, the CTO of Tether and Bitfinex, said the move shows commitment towards open-source initiatives that promote innovation and empower individuals to control their digital lives.
Qubes OS uses
Xen-based virtualization to isolate tasks and applications in separate machines
called ‘Qubes’. The systems’ level of security is ideal for supporting
financial transactions, safeguarding confidential information, and ensuring
secure communication.
Leadership Transition at
Deutsche Bank
Karl von
Rohr, the President of Deutsche Bank, will relinquish his responsibilities to his
successors on 1 July, after the robust transition preparations by the Management
Board. Claudio de Sanctis will take over the Private Bank and join the
Management Board, while Alexander von zur Mühlen and James von Moltke will
assume new responsibilities in different regions and Asset Management,
respectively.
A separate process will determine von Rohr's successor as the Chairman of the DWS Supervisory Board. The option of an earlier handover was already anticipated in the Supervisory Board's decision on Management Board personnel dated April 26. The decision creates clear responsibilities at an early stage.
XTM Acquires QRails
XTM Inc., a
Miami and Toronto-based fintech company, has signed a definitive agreement to
acquire QRails, a certified Earned Wage Access (EWA) provider. The corporate
update came in response to an earlier announcement made on 15 June.
The company
is renowned for creating payment innovations and mobile solutions for service
industries like hospitality, personal care, and more.
eToro Expands Investment
Options
Etoro
eToro has
expanded its line-up of investment options by adding 14 new stocks and ETFs. Investors
can trade these new stocks and ETFs without paying additional fees over the raw
market spread. There are no limits on commission-free positions and fractional
shares are available, adding flexibility for eToro users.
The list of
new instruments includes EWI, Saipem Spa, Nexi S.P.A, Iveco Group N.V, Banca
Monte Dei Paschi Di Siena S.P.A, Saras S.P.A, Banca Mediolanum S.P.A,
Infrastrutture Wireless Italiane S.P.A, Technoprobe S.P.A, Basic-Fit N.V,
Aperam S.A, Alfen N.V, Universal Music Group N.V, and Fb Financial Corporation.
Broadridge Secures Patent
for AI in Lending
Broadridge
Financial Solutions has been granted a patent by the US Patent and Trademark Office
for its machine learning technology. This tech provides financial advisors with
predictive engagement scores and valuable insights on securities-based lending
(SBL) borrowers.
Broadridge's
patented machine learning technology delivers actionable insights that help
wealth organizations and advisors identify and efficiently target high-propensity
prospects. In addition, it reduces loan attrition, understands overall book
trends, and increases marketing spend effectiveness.
TransBnk Secures Seed
Funding for Transformation
TransBnk,
the Mumbai-based fintech startup, has successfully raised $1 million in seed
funding, led by 8i Ventures, with contributions from Growthcap Ventures,
Leadway Ventures LLP, and Growth Sense. The funding aims to disrupt India's
transaction banking in the wake of regulatory shifts.
Over the
past couple of years, new regulations from the Reserve Bank of India have
transformed India's transaction banking sector. Responding to these changes,
TransBnk was established by veterans in transaction banking to create a
programmable system for managing complex multi-party transactions compliantly.
AvaTrade Onboards New Head of Sales and Retention
AvaTrade, an Ireland-headquartered FX/CFDs broker, has strengthened its team with the latest hiring of Gabriel Michaeli as the Head of Sales and Retention. According to his LinkedIn, he is located in Israel.
Michaeli is an industry expert and has previously worked with multiple other brokerage brands. Before joining AvaTrade, he was a Business Development Manager at markets.com, a role he held for five months. Earlier, he worked as a Regional Manager at eToro. Other companies where he worked are Firstlane Securities, Lead Capital Markets, and Trade FXL.
Gabriel Michaeli, Head of Sales and Retention at AvaTrade
Republic Crypto Gets New Head of Growth and Ecosystem
Heslin Kim has joined Republic Crypto, a Web3 accelerator, as the Head of Growth and Ecosystem. The company advises on token economics, structuring deals, smart contract development, marketing, fundraising, running infrastructure, and venture work, among others.
In the new role, his primary focus is to drive new business streams, particularly around Republic Runtime’s infrastructure.
Kim joined Republic Crypto from SupraOracles, where he spent more than four years and parted as the Chief Strategy Officer (CSO). On top of that, he was the Director of Business Development at Euronext. What's more, he was involved with several other blockchain firms, including Tokeny Solutions, Polymath, and Digital Strategies.
“Joining Republic Crypto feels like a natural progression, given my previous experience in the digital assets/securities sector since 2017,” Kim wrote in a LinkedIn post.
Torstone Technology Announces New CFO Name
Torstone Technology, a SaaS platform provider for post-trade securities and derivatives processing and risk management, has onboarded Neil Mardon as the new Chief Financial Officer, who will also hold a seat on the company’s board.
Neil Mardon, CFO at Torstone Technology
Mardon is a trained Chartered Accountant and brings extensive industry experience to his new role. Most recently, he worked at Daiwa Capital Markets Europe, first as the CFO, and then as its COO.
“Torstone is renowned for its innovative cloud-based post-trade solutions, and I am committed to supporting the team in their mission to be the industry-leading post-trade platform,” Mardon said.
SIX and Piraeus Bank Partner
SIX has strengthened its presence in the Greek market with its latest partnership with Piraeus Bank. Through the deal between both parties, Piraeus Bank is moving international assets from custody to SIX.
“Based on SIX’s multiplicity of connectivity patterns along with an enhanced multi-asset servicing model, and market surveillance, SIX and Piraeus Bank join forces in a time of continuous industry change to ensure the highest level of performance for Piraeus Bank and its clients,” said Javier Hernani, the Head of Securities Services and an Executive Board Member at SIX.
Binance Labs Continues Investing Spree
Binance Labs, the venture capital arm of Binance, has taken stakes in five blockchain and Web3 startups under its incubation program. These startups consist of Bracket Labs, DappOS, Kryptoskatt, Mind Network, and zkPass.
These specific companies were selected from more than 900 projects that applied for participation in the fifth season of the venture arm’s incubation program.
“Binance Labs remains dedicated to empowering scalable early-stage projects that contribute to the advancement of the industry. We look forward to seeing the positive impact of Season Five’s incubated projects on the broader Web3 ecosystem,” Yibo Ling, the Chief Business Officer at Binance, expressed.
Tether and Bitfinex
Announce 100k USDT Grant for Qubes OS
Tether, a USDT stablecoin issuer, and Bitfinex, a digital asset trading platform, have committed 100,000 USDT to support the development of Qubes OS, an open-source operating
system for data security and privacy.
Announcing the grant on Tuesday, Paolo Ardoino, the CTO of Tether and Bitfinex, said the move shows commitment towards open-source initiatives that promote innovation and empower individuals to control their digital lives.
Qubes OS uses
Xen-based virtualization to isolate tasks and applications in separate machines
called ‘Qubes’. The systems’ level of security is ideal for supporting
financial transactions, safeguarding confidential information, and ensuring
secure communication.
Leadership Transition at
Deutsche Bank
Karl von
Rohr, the President of Deutsche Bank, will relinquish his responsibilities to his
successors on 1 July, after the robust transition preparations by the Management
Board. Claudio de Sanctis will take over the Private Bank and join the
Management Board, while Alexander von zur Mühlen and James von Moltke will
assume new responsibilities in different regions and Asset Management,
respectively.
A separate process will determine von Rohr's successor as the Chairman of the DWS Supervisory Board. The option of an earlier handover was already anticipated in the Supervisory Board's decision on Management Board personnel dated April 26. The decision creates clear responsibilities at an early stage.
XTM Acquires QRails
XTM Inc., a
Miami and Toronto-based fintech company, has signed a definitive agreement to
acquire QRails, a certified Earned Wage Access (EWA) provider. The corporate
update came in response to an earlier announcement made on 15 June.
The company
is renowned for creating payment innovations and mobile solutions for service
industries like hospitality, personal care, and more.
eToro Expands Investment
Options
Etoro
eToro has
expanded its line-up of investment options by adding 14 new stocks and ETFs. Investors
can trade these new stocks and ETFs without paying additional fees over the raw
market spread. There are no limits on commission-free positions and fractional
shares are available, adding flexibility for eToro users.
The list of
new instruments includes EWI, Saipem Spa, Nexi S.P.A, Iveco Group N.V, Banca
Monte Dei Paschi Di Siena S.P.A, Saras S.P.A, Banca Mediolanum S.P.A,
Infrastrutture Wireless Italiane S.P.A, Technoprobe S.P.A, Basic-Fit N.V,
Aperam S.A, Alfen N.V, Universal Music Group N.V, and Fb Financial Corporation.
Broadridge Secures Patent
for AI in Lending
Broadridge
Financial Solutions has been granted a patent by the US Patent and Trademark Office
for its machine learning technology. This tech provides financial advisors with
predictive engagement scores and valuable insights on securities-based lending
(SBL) borrowers.
Broadridge's
patented machine learning technology delivers actionable insights that help
wealth organizations and advisors identify and efficiently target high-propensity
prospects. In addition, it reduces loan attrition, understands overall book
trends, and increases marketing spend effectiveness.
TransBnk Secures Seed
Funding for Transformation
TransBnk,
the Mumbai-based fintech startup, has successfully raised $1 million in seed
funding, led by 8i Ventures, with contributions from Growthcap Ventures,
Leadway Ventures LLP, and Growth Sense. The funding aims to disrupt India's
transaction banking in the wake of regulatory shifts.
Over the
past couple of years, new regulations from the Reserve Bank of India have
transformed India's transaction banking sector. Responding to these changes,
TransBnk was established by veterans in transaction banking to create a
programmable system for managing complex multi-party transactions compliantly.
AvaTrade Onboards New Head of Sales and Retention
AvaTrade, an Ireland-headquartered FX/CFDs broker, has strengthened its team with the latest hiring of Gabriel Michaeli as the Head of Sales and Retention. According to his LinkedIn, he is located in Israel.
Michaeli is an industry expert and has previously worked with multiple other brokerage brands. Before joining AvaTrade, he was a Business Development Manager at markets.com, a role he held for five months. Earlier, he worked as a Regional Manager at eToro. Other companies where he worked are Firstlane Securities, Lead Capital Markets, and Trade FXL.
Gabriel Michaeli, Head of Sales and Retention at AvaTrade
Republic Crypto Gets New Head of Growth and Ecosystem
Heslin Kim has joined Republic Crypto, a Web3 accelerator, as the Head of Growth and Ecosystem. The company advises on token economics, structuring deals, smart contract development, marketing, fundraising, running infrastructure, and venture work, among others.
In the new role, his primary focus is to drive new business streams, particularly around Republic Runtime’s infrastructure.
Kim joined Republic Crypto from SupraOracles, where he spent more than four years and parted as the Chief Strategy Officer (CSO). On top of that, he was the Director of Business Development at Euronext. What's more, he was involved with several other blockchain firms, including Tokeny Solutions, Polymath, and Digital Strategies.
“Joining Republic Crypto feels like a natural progression, given my previous experience in the digital assets/securities sector since 2017,” Kim wrote in a LinkedIn post.
Torstone Technology Announces New CFO Name
Torstone Technology, a SaaS platform provider for post-trade securities and derivatives processing and risk management, has onboarded Neil Mardon as the new Chief Financial Officer, who will also hold a seat on the company’s board.
Neil Mardon, CFO at Torstone Technology
Mardon is a trained Chartered Accountant and brings extensive industry experience to his new role. Most recently, he worked at Daiwa Capital Markets Europe, first as the CFO, and then as its COO.
“Torstone is renowned for its innovative cloud-based post-trade solutions, and I am committed to supporting the team in their mission to be the industry-leading post-trade platform,” Mardon said.
SIX and Piraeus Bank Partner
SIX has strengthened its presence in the Greek market with its latest partnership with Piraeus Bank. Through the deal between both parties, Piraeus Bank is moving international assets from custody to SIX.
“Based on SIX’s multiplicity of connectivity patterns along with an enhanced multi-asset servicing model, and market surveillance, SIX and Piraeus Bank join forces in a time of continuous industry change to ensure the highest level of performance for Piraeus Bank and its clients,” said Javier Hernani, the Head of Securities Services and an Executive Board Member at SIX.
Binance Labs Continues Investing Spree
Binance Labs, the venture capital arm of Binance, has taken stakes in five blockchain and Web3 startups under its incubation program. These startups consist of Bracket Labs, DappOS, Kryptoskatt, Mind Network, and zkPass.
These specific companies were selected from more than 900 projects that applied for participation in the fifth season of the venture arm’s incubation program.
“Binance Labs remains dedicated to empowering scalable early-stage projects that contribute to the advancement of the industry. We look forward to seeing the positive impact of Season Five’s incubated projects on the broader Web3 ecosystem,” Yibo Ling, the Chief Business Officer at Binance, expressed.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
