Blockchain
Coinberry Tops $1 Billion in Crypto Traded
Canada’s trusted crypto trading platform passes 215,000 accounts and now offers 29 different coins
Toronto, Ontario–(Newsfile Corp. – March 9, 2022) – Canadians’ growing interest in the blockchain economy has propelled Coinberry — one of Canada’s most trusted and secure crypto trading platforms — to surpass $1 Billion in crypto traded, the company confirmed today.
Helping Canadians on their Crypto Journeys
“Coinberry was founded in 2017 to make it easier and more secure for Canadians to buy, trade and sell Bitcoin and Ethereum. Over the past five years, we’ve grown tremendously to become one of Canada’s most trusted crypto trading platforms and one of the first to be fully regulated by the Ontario Securities Commission (OSC),” explains Coinberry CEO and Co-Founder Andrei Poliakov.
Building Canada’s Digital Financial Institution of the Future
“Coinberry was one of Canada’s first FINTRAC-registered crypto trading platforms, providing customers with a safe and secure platform to buy and sell cryptocurrencies. We again made news in 2019 with our innovative approach helping a Canadian municipality make history by offering secure cryptocurrency tax payment processing. The spirit behind Coinberry has always been to make it possible for everyone to participate in the blockchain economy. As our base of crypto investors has grown, we’ve expanded our offering to 29 cryptocurrencies, including many of the world’s top trending and most exciting Metaverse and Altcoins,” says Poliakov. Coinberry recently added 11 top trending coins to the platform, including: Fantom (FTM), Polygon (MATIC), Shibu Inu (SHIB) and Terra (LUNA).
More Coins, More Innovations, More Investor Opportunities
“Our long-term goal has always been to build and grow Coinberry to become one of the nation’s most trusted digital financial institutions of the future. Reaching the $1 Billion traded milestone is an important accomplishment for our team and for Coinberry’s 215,000 accounts,” says Poliakov, adding that Coinberry has plans to offer more coins, innovations and investor opportunities in 2022 — as well as potentially taking the company public in the near future.
About Coinberry
Coinberry makes it easy and secure for Canadians to buy, trade and sell a wide range of cryptocurrencies. As a OSC and FINTRAC-registered crypto trading platform, Coinberry is powered by the belief that the digital economy should be inclusive and accessible to everyone. Headquartered in Toronto, Canada, Coinberry currently offers more than 29 coins and has facilitated trades of over $1 Billion on its platform to date. To learn more about Coinberry and to open a free, secure account, visit www.coinberry.com
Contact
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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