🇪🇺 Crypto Weekly Updates #17: Jita Digital (Product development strategy)

EU Survey, Argent x Compound, Cryptowatch, Nexo, Binance, TokenAnalyst, SIX, Barclays, Web3 jobs etc...

Hi Everyone,

This is issue #17 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺

Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are based in Europe and want to support the ecosystem you can email me to highlight companies or topics that you think should be covered.

And if you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,000+ and growing

Cheers,

Etienne Twitter, ebrunet40@gmail.com)


🙏Please fill my survey

I have been emailing you for the past 17 weeks and still only know very little about you. If you have 45s, Click on the below link. If not for me. Do it for my cat.

🙈Who’s behind this?

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Jita Digital (Product Development, Strategic advisory and audit Blockchain company)

Background: Jerome is one of the most impressive founder I’ve met in London. In addition to being one of the most savvy security auditor in London, he has created one of the few companies that are actually building blockchain solutions used by startups, corporates and funds. And without VC funding. And yes it is profitable. Enjoy.

Hi Jerome, you are one of the most experienced crypto operators in London I know. You used to lead product and revenue at Mycelium, one of the top blockchain wallets. You are now running your company Jita. You are behind some of the most exciting blockchain enterprises in the industry and have worked with top projects. Can you share a bit more about Jita, your background and your team?

Sure, I come from an engineering and technology background. I created Jitain 2015, initially focused on blockchain for microfinance. I was convinced that blockchain could improve transparency, increase transactions speed and accelerate business.

Later, we pivoted to an industry agnostic product development strategy. We now help introduce blockchain into every possible industry! However, we do have a focus on finance related applications.

Our team is fully decentralised, based in London, Lisbon, Barcelona, Belgrade, Dublin and Toronto.

We combine top blockchain and computer security expertise with strong design, UX and front-end talent. The whole team is always aligned with the best interests of our clients.

How did you get into the bitcoin and blockchain industry?

Randomly, as I just wanted to move from Switzerland to London!

I passed interviews at Google London for Android TV, but the team manager there didn’t really want to manage that new activity and people there didn’t look very happy.

So I ended up instead talking with my friend in Vienna who was working on an exciting bitcoin hardware and software startup. After some discussion, I moved to London on my own to create the Mycelium UK entity in 2014.

If you want to continue reading the article. Click Here.

 💵 Job of the week

Partnership with Crypto Jobs ListApply. Share it.

Other job

  • Business Development Manager at Jita Digital: If you love meeting new people, have been working in fintech for many years in sales, looking for a new challenge then come help a fast growing company and an amazing team succeed at an exciting time. [Apply]

🐦 Tweet of the week

Futures volumes of magic beans are reaching top level. This is for any of your Finance friends that tell you that crypto is still too small… ;)

🤹 Startups

  • Crypto lending firm Nexo (UK) has paid its token holders a total of $2,409,574.87 in dividends, reaching an annualized dividend yield of 12.73%. Nexo has a user base of over 250,000 [Source]

  • Binance’s fiat-to-crypto conversion branch for euros and British pounds, Binance Jersey, has entered into a partnership with the crypto investment service Caspian, which provides trading, portfolio and risk management on its platform [Source]

  • Bitfury Group has launched its artificial intelligence (AI) division, the company’s top official told Reuters in an interview - The press does not add too much details on what is the offering. My guess is that it would be on top of Bitfury Crystal AML/KYC tool and will help for forensics analysis. What’s interesting is that Bitmain has also been active in A.I. but more on the HW side with Server, Face recognition etc… From BTC mining to A.I. [Source]

  • The team at TokenAnalyst made it again on Bloomberg explaining that the liquidation of cryptocurrencies tied to an alleged ponzi scheme has been among the assorted reasons cited by market pundits for this week’s slide in digital assets. A closer looks suggests that may not be the case [Source]

🏭Corporates

  • The CEO of Switzerland’s SIX Digital Exchange (SDX), Halblaub, the cryptocurrency-focused arm of the the country’s principal SIX Swiss Exchange is departing the company. Halblaub’s temporary successor will be Tomas Kindler, who will take place as the firm’s CEO on Sept. 1. SIX is known for being one of the first stock exchanges in the world to offer a Bitcoin and crypto exchange product. [Source]

  • British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase. Meanwhile, Santander denied blocking Coinbase deposit in the UK. No one is really sure why Barclays decided to stop its relationship with Coinbase. Banking in Europe is difficult. If you are looking for some tips / recommendations don’t hesitate to email us. [Source]

  • WiV Technology has selected EY to provide technology services to help develop its fine wine investment trading blockchain platform. The main added values include: Helps value and protect the provenance of fine wine investment Provenance and security are tracked on the blockchain and verified through secure storage in a bonded warehouse. Token holders may obtain asset financing against the wine value - Can’t wait to have a collateralised Chateau Margaux loan [Source]

🏦Regulations / Universities

  • Cryptocurrency exchange Binance will compensate the white hat hacker who compromised Binance Jersey’s Internet domain name and Twitter account. If there any white hats reading this, you can try your luck with Binance and be compensated using this link [Source]

  • Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), says that a seemingly crypto-related entity called Cryptominingoptionsignal claims to be licensed in Luxembourg, but is not - I just thought the name of the company was hilarious [Source]

  • The U.K. Advertising Standards Authority (ASA) has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX (HDR Global Trading). The ad, placed on Jan. 3, 2019, purportedly to celebrate the tenth anniversary of mining of the first block of bitcoin on the same date in 2009, showed a graph spread across two pages, according to the ASA. [Source]

  • The UK pension and welfare agency has identified blockchain technologies as something that could disrupt payment industry ‘“We are starting to see the first full production implementations, such as Santander’s One Pay FX. The benefits include reducing time, cost and failure rate associated with making transactions whilst data is stored on a secure immutable ledger.” - It’s never too late, I guess [Source]

💰Fundings

  • On August 12, the team at Nickel AM (crypto fund) announced the launch of their Digital Asset Arbitrage fund. They focus on managing assets for institutional investors using computationally intensive, low-latency arbitrage strategies. Congrats guys! [Source] (Note, This communication and any investment or service to which this material may relate does not constitute an offer or solicitation to invest in the Fund.)

🕹️ Products of the month

  • Cointracker: if you are looking for a cryptocurrency wallet tracker and tax calculator. Click here and get $10 off your tax plans

  • Argent just released integration with Compound (Crypto money market fund). If you don’t see Compound then go the App Store and click on the Argent App and download the latest update. Then you will be able to use the Finance feature like in the below video. Note, if you want to have access to Argent just let me know and I’ll give you access (Only the very few. Don’t be shy!). [Source]

  •  Cryptowatch: One of the coolest feature of Cryptowatch is that you can directly execute trade on 6 exchanges directly on their platform. Yup, no need to bear the hassle to sign up to different accounts etc.. Sign up!

🇪🇺 Crypto Weekly Updates #16: Archax (Regulated digital securities exchange)

Web3, B2C2, Exante, Volve, Allianz, Commerzbank, ECB, Czech Republic, German-based Dürr, Cryptocompare

Hi Everyone,

This is issue #16 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺

Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are based in Europe and want to support the ecosystem you can email me to highlight companies or topics that you think should be covered.

I’m looking to connect with Berlin and Turkish readers. Don’t hesitate to reach out!

And if you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,000+ and growing

Cheers,

Etienne Twitter, ebrunet40@gmail.com)


🙈Who’s behind this?

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Archax

https://www.archax.com/

Hi Graham, you recently launched Archax; can you share a bit about your background?

I have close to 20 years’ experience in financial services including Chief Operating Officer, Chief Compliance Officer and other finance roles at companies such as HSBC, Caliburn Capital, Leo Fund Managers and Coutts Bank. It was when working as COO/CCO at Omni Partners, a $1.4 billion hedge fund based in London, that I began looking into the crypto space.

How did you get into the bitcoin and blockchain industry?

I began taking a personal interest in the cryptocurrency and blockchain industry in 2013 while working at Omni Partners. Then in 2017 I began working on setting up a truly institutional cryptocurrency fund; however, it quickly became clear that the crypto industry was not set up for institutional players. This led to myself, along with two colleagues, leaving the hedge fund to start Archax.

Tell us a bit more who is behind Archax. How big is your team? Are you hiring?

Archax has been running for just over a year now. We have built the team to 11 and are recruiting. At the moment, our main focus is recruiting to grow our tech and regulatory teams as these are our main areas of focus currently.

What is the vision of Archax? How are you bridging the gap between the crypto and traditional investment spaces?

The vision for Archax is to be the first regulated digital securities exchange in London, providing the most secure and transparent venue for institutional clients. We are bridging the gap by bringing this new blockchain technology to the traditional finance world, making processes quicker, more cost effective and facilitating liquidity in current illiquid and hard to trade assets.

You can read the rest of the article here.

 💵 Job of the week w/ Crypto Jobs List

Very excited to announce our partnership with Crypto Jobs ListWe curate a list of top jobs based in Europe. Apply. Share it.

🐦 Tweet of the week

The team at B2C2 is on point. If you want to understand BTC you need to follow the Chinese market. Also if you want to dig further on this topic, I recommend the thread from my friend Light [LINK]

🤹 Startups

  • The Baltic Honeybadger conference continue to add top speakers. Highly recommend for anyone interested in the orange coin [Source]

  • EXANTE Adds Trading Support for Ravencoin’s RVN. EXANTE customers can already trade over 20 funds pegged to crypto assets. The Malta-based broker was the first crypto fund (ever) to launch a Bitcoin-only hedge fund back in 2013. It was not DCG with Grayscale or Pantera… [Source]

🏭Corporates

  • Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain. The ledger employed for the endeavor has reportedly been developed by British blockchain startup Circulor, based on technology created by the Java tech giant, Oracle [Source]

  • German insurance giant Allianz is set to launch a blockchain-based token for payments, similar to JPM Coin. The token will be pegged 1:1 to the U.S. dollar, which is in “advanced stages” of development [Source]

  • Commerzbank tests blockchain-based machine-to-machine payment solution for the first time. First use of cash on ledger for automated M2M payment processing in co-operation with Daimler Trucks. M2M settlement of payments as part of the pilot project involving the direct handling of charging processes of trucks. Further development steps for eMoney-based payment processing are being investigated in collaboration with industrial partners [Source]

🏦Regulations / Universities

  • The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide AML regulatory regime with fine up to $20k on cryptocurrency firms should they fail to register their operations with the national Trade Licensing Office [Source]

  • The European Central Bank has issued a new report indicating that it plans to use more on-chain data to better monitor the crypto markets. Titled “Understanding the crypto-asset phenomenon, its risks and measurement issues,” the report reveals that the ECB has already built a system that uses “high-quality” aggregated data available online in its efforts [Source]

💰Fundings

  • German-based Dürr, one of the world's leading mechanical and plant engineering firms, has secured a sustainability loan of 750m euros, the interest on which is linked to its eco-friendly performance. The credit agreement was self-initiated by Dürr, utilizing a blockchain-based syndicated loan platform [Source]

🕹️ Product of the month: Cryptowatch

This is a new section where I highlight tools that are just great and lack coverage.

Some of the key features of Cryptowatch

  • Zappier: Trade just about any signal with order submission: Recurring buys on multiple exchanges, Buy or sell by sending an email, Follow your favorite Crypto Twitter talking heads (Enter a Buy or Sell order when a certain Twitter user sends a tweet - or when they send one with a certain key term or hashtag) [Source]

  • Google Sheet Data: Access real-time and historical market data in your Google Sheets with Cryptofinance.ai’s premium packages, now bundled in to Cryptowatch.

  • WebSocket API: Stream market data from 26 top exchanges in to your app or trading algorithm

  • Custom Themes: Customize the look, feel, and candle style of your Cryptowatch interface

🇪🇺 Crypto Weekly Updates #15: Unspent

Unspent, Cryptowatch, Bitwala, Web3, Elliptic, Quedex, Switzerland and much more!

Hi Everyone,

This is issue #15 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺

Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

If you are based in Europe and want to support the ecosystem you can email me to highlight companies or topics that you think should be covered.

And if you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,000+ and growing.

Merci,

Etienne ( Twitter, ebrunet40@gmail.com)


🙈Who’s behind this?

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Background: Philippe is a French single founder bootstrapping Unspent and focusing on providing a product that's simple and valuable to its customers. This story is very relevant with the recent acquisition of Interchange by Kraken.

Unspent

Hi Philippe, you recently launched Unspent, a crypto-asset portfolio management app that presents itself as “simple enough for newcomers, and powerful enough for serious investors”. Can you share a bit about your background?

I’m an entrepreneur at heart and I’ve been a software engineer for several years. I love building stuff that helps others in some way and I’ve both created as well as worked for a couple web companies where I was able to do just that. Just before launching Unspent, I worked at Buffer for three years, building social media tools for thousands of businesses and individuals. About a year ago, I set out to build a service that makes it easier to participate in the cryptocurrency industry that many have become fond of, including myself. That’s where Unspent comes in!

How did you get into the bitcoin and blockchain industry?.

I first heard about Bitcoin early enough, in 2011. Like many others at that time, I saw it as intellectually interesting and highly speculative. I didn’t dare buy any and I learned about it from afar over tim, until Bitcoin as well as other cryptocurrencies caught my attention (and many others’) during the 2017 bull run. I realized then, that against all odds, Bitcoin had actually gotten to a state where it was known worldwide and used by a significant amount of people. Not only that, but the space was ripe with ideas and innovation, with many projects and ideologies being put to the test. It was exciting to witness! I developed a strong desire to contribute to that industry and it didn’t take long until I started working full time on Unspent in mid 2018.

Tell us a bit more about the team behind Unspent. Are you hiring?

I’m a single founder bootstrapping Unspent and focusing on providing a product that’s simple and valuable to its customers. 

For a service like Unspent, I believe slowly working towards profitability is a sustainable approach that ultimately allows for more liberty in how product decisions are made and a better user experience overall.

IF YOU WANT TO READ THE REST OF THE INTERVIEW CLICK HERE

 💵 Job of the week w/ Crypto Jobs List

Very excited to announce our first partnership with Crypto Jobs ListWe curate a list of top jobs based in Europe. Apply. Share it.

🐦 Tweet of the week

🤹 Startups

  • BitPay, a payment processor that allows merchants to receive payments in Bitcoin and Bitcoin Cash, has suspended its operations in Germany indefinitely as Germany has publicly stated that they want crypto companies to apply for a license starting in 2020 [Source]

  • The European subsidiary of Japanese crypto exchange bitFlyer launched a simplified Bitcoin buying and selling services for the European traders. It is an extension to its already existing pro-traders services, called Lightning [Source]

  • Blockchain analytics startup Elliptic, MIT researchers collaborate to detect money laundering in bitcoin using machine learning. ‘Elliptic’s data set is a time-series graph of 203,769 bitcoin transactions and payment flows. The analysis found that 2% of the analyzed transactions were illicit, 21% were licit, and the remaining transactions were labeled as unknown.’ - Lots of unknown unknowns [Source]

  • Instant crypto loans firm Nexo is launching a MasterCard-branded cryptocurrency credit card. - Some may remember XAPO credit card that got shut down and more recently the Coinbase card. Let’s see how many people actually want to use their crypto [Source]

  • Gibraltar-based crypto derivatives exchange Quedex has secured a license from the Gibraltar Financial Services Commission (GFSC). - This may help the company to attract institutional clients [Source]

  • Youniqx Identity AG, a subsidiary of the Austrian State Printing House, has developed a cryptocurrency hardware wallet, named Chainlock — enables the offline storage of private keys allowing access to cryptocurrency wallets [Source]

  • Blockchain launched their exchange called The PIT, a custodial exchange. [Source]

🏭Corporates

  • English Premier League football club Leicester City FC announced the renewal of its partnership with multi-asset and cryptocurrency investment platform eToro [Source]

  • NYC-based enterprise software firm R3, known for its enterprise blockchain platform Corda, has doubled the size of its London Wall office “There is enormous opportunity for London post-Brexit. While there clearly remain some uncertainties, we believe the city is well placed and established to thrive in the coming years. ‘‘ R3 CEO David E. Rutter - At least someone is happy with the Brexit outcome [Source]

  • The Swiss Financial Services Standards Association (VQF), the oldest and largest SRO in the country, said that 7% of its membership is connected with crypto-related businesses [Source]

  • BCB Group and Bitstamp announce partnership to enable GBP transfers. New partnership will allow Bitstamp's customers to deposit and withdraw funds denominated in GBP [Source]

🏦Regulations / Universities

  • A report published by fintech firm Bitpanda and market research company GlobalWebIndex notes that the gender distribution among European crypto holders is 78% male and 22% female. Female crypto investors are 30% more likely to be in the top 10% of earners — 21% versus 16% of their male counterparts — and 3.3x more likely to be so than the “average woman.” [Source]

💰Fundings

  • Germany-based Bitcoin (BTC) bank Bitwala announced that it received €13m (almost $14.5m) - This is a huge news. Bitwala is the banking service offering a free current account with a built-in bitcoin wallet as well as BTC trading options. What’s cool is that they are built on top of SolarisBank and thus can focus on building the crypto native tool. They already have users in 31 EEA countries and operates as a regulated entity [Source] - Also have a look at the press release of Earlybird when they invested back in September 2018 [Source]

  • Smart Valor has secured a fresh $3.25m round of investment, led by Venture Incubator, alongside Tally Capital and other Asian and U.S. investors. With the news, the startup is announcing a new exchange operating from both Switzerland and Liechtenstein that will provide custody, trading and brokerage services [Source]

🕹️ Product of the month

This is a new section where I highlight tools that are just great and lack coverage. This month: Cryptowatch

🇪🇺 Crypto Weekly Updates #14: Coinlist Lending Interview

Coinlist, Web3 Foundation (Polkadot), Coinmetrics, Bancor, Guesser, Greek Billionaire and much more!

Hi Everyone,

This is issue #14 of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺

Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed light on Europe and show how exciting the ecosystem is.

Note, if you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,000+ and growing.

Merci,

Etienne ( Twitter, ebrunet40@gmail.com)

PS: Ask your friend to sign up. Brownie points for you!


🙈Who’s behind this?

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

Coinlist

Background: There are many Europeans working at US companies and building the digital assets ecosystem. My friend Matt, French, fmr Trader and now at Coinlist, is the perfect example. Enjoy!

Hi Matt, CoinList launched earlier this year its crypto lending desk and you are the one leading this effort. We know each other quite well having met when you were leading crypto at Barclays back in 2018 but it would be great if you could share a bit about your background.

I joined Lehman Brothers straight out of college in 2008. I worked there for 9 months before the bankruptcy hit. My boss back then landed a head of trading job at Barclays in Singapore, and he offered me a job on his desk. After a couple of years, I was sent to New York to trade options on commodities. I rose through the ranks over seven years, finally becoming head of oil options trading at Barclays. After a few years in that job, I realized the opportunities to grow were becoming slimmer as more and more traders were being replaced by computers.

How did you get into the bitcoin and blockchain industry?

After nearly ten years of trading commodity options, I was looking for my next challenge. A close friend of mine kept on going on and on about Bitcoin. I started taking a closer look and immediately saw the relative value trades opportunities: arbitrage, market-making, funding plays; it was all over the place. I started reading everything I could about Bitcoin and blockchain technology as I did not want to put my money into something I did not understand. I started trading manually at first, then through bots that I would program in my spare time.

Tell us a bit more about the team behind CoinList and its different teams. Are you hiring?

CoinList is where the top digital asset companies manage their token sales. Our infrastructure has supported over $500M in investments for more than fifty token sales since August 2017, when we spun off of AngelList. We provide a place where people can buy and sell the best digital assets.

We are hiring! I’d encourage anybody interested in working with us to check out our jobs page at coinlist.co/jobs.

Please click here to continue reading this interview

 💵 Job of the week w/ Crypto Jobs List

Very excited to announce our first partnership with Crypto Jobs List. We curate a list of top jobs based in Europe. Apply. Share it.

🐦 Tweet of the week

🤹 Startups

  • Some great European events happening in the next weeks, DeFi London (September 10-11), Baltic Honey Badger (September 14-15)

  • Kraken has hired, Kevin Beardsley, the ex-MD of over-the-counter (OTC) trading platform B2C2 to head of development at its new Bitcoin futures operation. Congrats! [Source]

  • Do you remember Bancor? They raised $153m via an ICO and today has a $29m market cap (arb?!) and provides quick liquidity for niche ERC-20 tokens by using BNT as a market-making reserve currency for all assets on the network. In terms of traction only 100-250 traders have been active users, mostly arbitrageurs. The platform is not anymore accessible to U.S. residents (hello VPN?). [Source]

  • Tobiasz Niemiro, co-owner of now-defunct Polish cryptocurrency exchange BitMarket, has been found dead [Source]

  • Database issues at the Swedish digital currency exchange QuickBit resulted in a breach of sensitive user data [Source]

  • The good people at Guesser were interviewed in The Defiant newsletter [Source]

🏭Corporates

  • One of Europe’s leading budget airlines, Norwegian Air, will allow passengers to buy tickets using bitcoin. It’s also opening its own cryptocurrency exchange. [Source]

  • The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to convert Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to cash in one of the Croatian Post’s local offices [Source]

  • Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution [Source]

🏦Regulations / Universities

  • Starting next year, new Anti-Money Laundering (AML) regulations will come into effect in Germany. The regulations will require cryptocurrency businesses to hold a Federal Financial Supervisory Authority (BaFin)-issued license [Source]

  • The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond for security issuance firm Fundament Group [Source]

  • A group of Russian military and civilian vehicle makers, Soyuzmash, wants the country’s Central Bank to grant it permission to accept Bitcoin payments in international arms deals – as an attempt to circumvent sanctions [Source]

💰Fundings

  • Bitbond is the first Security Token Offering regulated in Germany. The target return is 8%, This results from a fixed 4% p.a. interest coupon and a high 60% profit participation. [Source]

  • A Greek Billionaire, A Hemp-backed token and A Swiss crypto exchange. The Bank operates SWX Coin, a cryptocurrency based on Bitcoin's blockchain with single unit pricing is pegged directly to the median global price of premium hemp flower and offers secondary market. The Swissx Bank of Cannabis launched with $750m worth of Swissx Cherry Wine, Donald Trump seeds, and $250m Swiss francs [Source]

🇪🇺 Crypto Weekly Updates #13: HedgeGuard

HedgeGuard, SwissBorg, TokenAnalyst, Skew, Binance GBP, Bitstamp, EU Gov etc...

Hej Everyone,

This is the #13 issue of my European crypto newsletter aiming to give updates on corporates, startups and regulation in 🇪🇺

Everyone is talking about San Francisco as the epicentre of everything in crypto. Well, I wanted to shed lights on Europe and show how exciting the ecosystem is.

Note, if you are looking to hire, share news or want to sponsor a newsletter please email me at cryptojobseu@gmail.com - we are 1,000+ and growing.

Merci,

Etienne ( You can always contact me at: Twitter, ebrunet40@gmail.com)

PS: Are there any of my readers based in NYC, SF, Berlin or Amsterdam? if so contact me.

PPS: Ask your friend to sign up. Brownie points for you!


🙈Who’s behind this?

This section aims to give the opportunity to introduce some of the best 🇪🇺 founders. Most people loves their products but don’t know who are the founders behind them. Hello World.

HedgeGuard

Hi Christophe, HedgeGuard was launched back in 2006 and today it is the first portfolio management system for both traditional and cryptocurrency hedge funds. Can you share a bit about your background?

] HedgeGuard has been building Portfolio Management Systems (PMS) for the buyside (hedge funds, asset managers and family offices) for over a decade now. In 2011, we expanded our offering to include an outsourced Middle Office service that combines with our PMS.

I joined HedgeGuard three years ago to head up their UK office as well as their Global Business Development team. Previously, I managed a trading team at Millennium in London and was the co-founder of a Macro hedge fund, also based in London. I started my career in the derivatives teams of Société Générale and Deutsche Bank.

How did you get into the bitcoin and blockchain industry?

From a trader’s perspective, I developed an interest in cryptocurrencies as it presented high levels of volatility and interesting trading opportunities. As a firm we moved into the crypto space just over two years ago. In what was at the time, and still is, a nascent crypto fund industry, HedgeGuard was approached by portfolio managers that required an institutional grade solution to manage their funds. We worked closely with them to build a solution that met their crypto specific requirements and today we are the only firm that offers a combined institutional level Portfolio and Execution Management System for crypto investors.

Tell us a bit more about the team behind HedgeGuard. Are you hiring?

The culture at HedgeGuard stems very much from the hedge fund industry. The firm’s founder, Imad Warde, previously worked at Rothschild where he helped build their internal multi-strategy hedge fund. Other members of the team also share a background in asset management where they have worked in various capacities. The team is a mixture of experienced individuals and dynamic youth, as well as being culturally diverse. Our headquarters are in Paris and we also have offices in London and the Middle East.

We’ve witnessed strong growth this year and are currently hiring across product specialist, developer and sales roles.

Click here to continue reading the interview

 💵 Job of the week

We are working on something new to match top candidates with employers. If you are interested, just sign up here: LINK

To apply to SwissBorg Click HERE

🐦 Tweet of the week

Lots of Bitcoin were transferred out of BitMex after the recent CFTC investigation news

But it has not (yet) impacted the BitMex order book depth. Let’s see how long the liquidity holds…

🤹 Startups

  • Binance Jersey, the European subsidiary of Binance, on Friday has announced that listing of British pound-backed Binance GBP Stablecoin (BGBP) on the platform. With this listing, the cryptocurrency exchange is aiming to provide more trading options to its clients spread across Europe [Source]

  • The US subsidiary of Bitstamp, one of the largest crypto platforms in Europe, has appointed Caitlin Barnett as its new chief compliance officer. She joins the firm from rival Gemini [Source] Note, Bistamp has made its Bitcoin lightning network node public and shared information on the technology [Source]

  • Steve Wozniak, co-founder of American tech giant Apple, has invested in a new blockchain-based company headquartered in Malta. Wozniak is now the co-founder of energy efficiency company Efforce, providing a blockchain-based platform focused on investing in energy efficiency, with its stated goal “to be recognized as the first and main platform in the world for tokenized energy savings.” [Source]

  • The good people at B2C2 recently wrote an article on Macro economics [Source] Max, the CEO and Founder, had written previously about crypto capital markets and still today represents one of the most insightful post one can read on this topic [Source]

🏭Corporates

  • Bitcoin Suisse, a crypto-broker and pioneer of Switzerland’s “Crypto Valley,” has taken anticipatory steps to comply with a “maturing” regulatory environment, by applying for a banking license with Swiss Financial Markets Supervision Authority (FINMA), as well as a security dealer’s license, mandated by the Stock Exchange and Securities Trading Act [Source]

🏦Regulations / Universities

  • France is poised to approve initial coin offerings (ICO) operators and other crypto businesses with its new regulatory approach to the sector. It will enable crypto-related businesses to voluntarily submit themselves to national standards on capital requirements, consumer protection and taxation in return for the regulator’s green light [Source]

  • President of the Deutsche Bundesbank, Jens Weidmann argued that global regulators should not suppress the Libra project in its infancy, adding that digital currencies can be attractive to consumers in the event that they deliver on their promise. However, a range of other policymakers do not share Weidmann’s view on Libra, with French finance minister Bruno Le Maire saying that the G7 “cannot accept private companies issuing their own currencies without democratic control.” [Source]

  • The Israeli authorities have charged Eliyahu Gigi, a 31-year old Tel Aviv resident, for stealing around $1.7m in several cryptocurrencies under the suspicion of stealing cryptocurrency through a phishing scheme [Source]

  • Dmitri Vasilev, the former CEO the now defunct crypto exchange WEX, was arrested Friday in Italy, the BBC’s Russian Service. WEX was launched in 2017 as a successor of also defunct exchange BTC-e, whose alleged operator, Alexander Vinnik was arrested in 2017 in Greece and now facing extradition to the U.S., France or Russia [Source]

💰Fundings

  • No new funding this week. Instead, have a look at the awesome panel about Crypto Derivatives and Exchange Traded Products at CryptoCompare and moderated by the one and only Julien from XBTO

Loading more posts…