Ripple's Xpring today announced it is partnering with blockchain gaming platform startup Forte by providing $100 million for investment in blockchain gaming developers.
The young startup was only first announced in February and is led by Kevin Chou, formerly in charge of mobile gaming and esports at Kabam. Forte's leadership roster is strong, featuring former GarageGames and Unity GM Brett Seyler, Kabam employees Kent Wakeford and Weiwei Geng, and tech VC Mahesh Vellanki.
At launch, Chou said of blockchain gaming, "The microtransaction-driven game industry has matured and consolidated, and as a result innovation has grown stagnant. Blockchain technology offers new growth vectors and an opportunity to do things differently."
Two cryptocurrency benchmark indices from data provider CoinMarketCap will launch today on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform.
Nasdaq and Bcause LLC, the developer of the very first “full-stack cryptocurrency ecosystem” have announced that Bcause will use Nasdaq’s proprietary order matching engine.
The Chicago Board Options Exchange (CBOE) will not add a new Bitcoin (BTC) futures market in March, the firm said in a statement on March 14.
The SEC chairman Jay Clayton provided additional clarity on the securities treatments for cryptocurrency—more specifically by addressing his stance towards William Hinman’s statements about Bitcoin and Ethereum potentially being non-securities.
While most in the cryptocurrency community are looking forward to a Bitcoin ETF, independent investment management company Invesco, which has over $800 billion in assets under management, has announced the launch of the ‘world’s biggest blockchain-focused ETF.