DBS opens up digital exchange for accredited wealth investors to trade crypto

SINGAPORE – DBS Bank on Friday announced the roll-out of self-directed crypto trading on DBS digibank, enabling the bank’s wealth clients who are accredited investors to trade cryptocurrencies on the DBS Digital Exchange (DDEx) at their convenience. For a start, some 100,000 DBS Treasures wealth clients in Singapore will be able to trade four cryptocurrencies […]

TheCapitalNet awarded Best Private Market FinTech Solutions Provider 2022 by Wealth & Finance International

MENLO PARK, CA & HYDERBAD, IN, Sep 8, 2022 – (ACN Newswire via SEAPRWire.com) – TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International. TheCapitalNet was recognized for transforming the private markets and private investments eco-system through technology, while […]

Norway sovereign wealth fund loses $239 billion in first half of 2022

OSLO (REUTERS) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillion Norwegian krone (S$239 billion) in the first half of 2022, it said on Wednesday (Aug 17), as stocks and bonds were hit by global recession fears and rampant price inflation. The US$1.3 trillion (S$1.79 trillion) fund’s return on investment was […]