Daily Archives: 09/12/2021

Startup TRM Raises $ 60 Million in New Round of Funding

  Token Relationship Management (TRM) cryptocurrency transaction monitoring and forensics platform raised $ 60 million in Series B funding round. Leading financial institutions Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.) and Paypal Ventures from American Express were among the investors in the TRM platform, which monitors and forensic operations with cryptoassets. Tiger Global became the leader of the round, during which the platform attracted investments for…

Central Banks of France and Switzerland tested state digital currencies

Bank of France, Swiss Innovation Center and Swiss National Bank have successfully completed testing of cross-border payments in digital euros and Swiss francs. Project Jura is a public-private partnership with the Bank of France (BDF), the Swiss Innovation Center (BISIH), the Swiss National Bank (SNB), and a consortium led by Accenture of Credit Suisse, Natixis, R3, SIX Digital Exchange ( SDX) and UBS. The project was initiated by the Central Bank of France and continued…