HashKey Launches Global Crypto Exchange

Hi NoRamp Community,

Daily News:

1) Bitget Launches Web3 Training Program for Next-Gen Talent

2) HashKey Launches Global Crypto Exchange After Bermuda License

3) Brevan Howard’s Crypto Arm Nabs Revolut Engineer

4) Tradeweb to Acquire ICD, An Independent, Multi-Fund Investment Platform

5) China Central Bank Launches $70B Tech Lending Program

Bitget Launches Web3 Training Program for Next-Gen Talent:

• Bitget launched a Web3 apprentice program in Europe to cultivate the next generation of crypto leaders, offering practical training and mentorship from senior leadership, including COO Vugar Usi Zade.

• The three-month paid apprenticeship provides exposure to Web3 and remote working experience in a global corporate structure, with the top three participants awarded a fully-funded mentorship trip to Dubai.

• The program builds on Bitget's commitment to diversity and inclusion, as demonstrated by its "Blockchain4Her" initiative, and is part of the broader Blockchain4Youth initiative with a five-year commitment of $10 million.

HashKey Launches Global Crypto Exchange After Bermuda License:

• HashKey Group launched a global cryptocurrency exchange, HashKey Global, after obtaining a license in Bermuda, aiming to offer compliant trading services to cryptocurrency enthusiasts worldwide.

• The new exchange will offer trading pairs for 21 cryptocurrencies for qualified retail investors and plans to roll out futures-related products shortly.

• HashKey Group aims to establish one of the world's largest clusters of licensed exchanges within the next five years and has already obtained licenses in Japan, Hong Kong, and Singapore, with the Bermuda license marking another milestone in its global expansion.

  

  Source: Blockworks

Brevan Howard’s Crypto Arm Nabs Revolut Engineer:

• Brevan Howard has appointed Dmitrii Mylnev from Revolut as a Senior Software Engineer for its digital assets arm.

• Mylnev worked as a Lead Backend Engineer in crypto at Revolut, focusing on remittance products and internal on-chain transfers for rebalancing the bank's crypto assets.

• Prior to Revolut, Mylnev worked at the now-defunct brokerage MF Global, Trade FXL, an online marketing and advertising agency for finance, and several trading technology firms in Russia.

Tradeweb to Acquire ICD:

• Tradeweb Markets Inc. has agreed to acquire Institutional Cash Distributors, LLC (ICD) for $785 million to expand into corporate treasury professionals' market.

• ICD, established in 2003, serves over 500 corporate treasury organizations across 65 industries in 45 countries, managing average daily balances of more than $230 billion in 2023.

• The acquisition will complement Tradeweb's client focus and enable cross-selling opportunities, with ICD's CEO Tory Hazard joining Tradeweb's Operating Committee.

China Central Bank Launches $70B Tech Lending Program:

• Wise Platform has partnered with Swan, a European leader in embedded finance, to integrate its API for efficient and cost-effective international payments, enhancing Swan's banking features for its clients across Europe.

• Swan's 100+ clients can now enable their customers to send and receive funds in 20+ currencies at the mid-market rate, with over 60% of all transfers sent globally via Wise settling instantly and 94% within 24 hours.

• Nicolas Benady, CEO of Swan, emphasized the strategic growth opportunities this partnership brings, allowing companies to embed international payments with transparency, low costs, and fast delivery, particularly benefiting financial management and niche banking software.

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