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Fidelity: Institutional investment in cryptocurrency likely to grow

Institutional investment in cryptocurrency is likely to increase over the next five years, according to research from Fidelity Investments. The firm surveyed 441 institutional investors—including pensions, hedge funds, and endowments—to determine the investment outlook for bitcoin and other cryptocurrencies. Fidelity Investments is the world’s fifth-largest asset manager with $2.5 trillion in assets under management. On […]

Fidelity: Institutional investment in cryptocurrency likely to grow

Ripple signs-on third largest money transfer service to RippleNet

Ria Money Transfer, the third largest money transfer service in the world, joined RippleNet—a settlement layer facilitated by Ripple which streamlines payments through improved technical and operational standardization between participating institutions. Ria Money Transfer, a subsidiary of Euronet Worldwide (a multi-billion dollar payments conglomerate), operates in 155 countries with over 377,000 locations and facilitates $40 […]

Ripple signs-on third largest money transfer service to RippleNet