Latest news with #FCA-regulated
Business Upturn
3 days ago
- Business
- Business Upturn
JAMining Expands FCA-Regulated Cloud Mining Services Amid Surging Crypto Market Activity
Image by JAMining LONDON, May 31, 2025 (GLOBE NEWSWIRE) — JAMining, a UK-based cloud mining provider regulated by the Financial Conduct Authority (FCA), has announced a major expansion of its services. This strategic move comes amid a surge in global cryptocurrency adoption and increasing regulatory attention from governments and financial institutions. Recent discussions among U.S. policymakers, including presidential candidates and elected officials, have highlighted growing support for Bitcoin and digital assets. As public policy shifts and institutional investment accelerates, JAMining aims to meet demand with secure, compliant access to crypto mining. Operating under FCA oversight, JAMining enables individuals to participate in cloud mining without the technical complexities of traditional hardware setups. The platform supports a range of cryptocurrencies, including Bitcoin, Ethereum, Solana, and XRP, offering users diverse portfolio options. 'The expansion of our FCA-regulated service coincides with growing global confidence in cryptocurrencies, further validated by regulatory momentum and institutional participation,' said Emma Carter, spokesperson for JAMining. Affiliate Program Broadens Community Reach As part of its growth strategy, JAMining has introduced a new affiliate program that allows users to earn commissions by referring others to the platform. The initiative supports broader participation in crypto markets by rewarding community engagement and outreach. Example Profitability Table: Strategic Highlights: FCA Regulatory Compliance : Ensures legal clarity and operational transparency. : Ensures legal clarity and operational transparency. Expanded Asset Support : Includes Bitcoin, Ethereum, Solana, and XRP. : Includes Bitcoin, Ethereum, Solana, and XRP. Institutional Market Context: Aligns with rising adoption and calls for crypto regulation in major economies. With cryptocurrency rapidly becoming an integral part of global financial infrastructure, JAMining's platform is positioned to serve investors seeking secure and regulated access to mining opportunities. For more information, visit the official website: About JAMining JAMining is a leading FCA-regulated cloud mining provider based in the United Kingdom. The company is committed to transparency, compliance, and providing secure cryptocurrency mining services for both new and experienced investors. Contact Email: [email protected] Website: Photos accompanying this announcement are available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
4 days ago
- Business
- Yahoo
Ripple's Hidden Road Launches Crypto OTC Brokerage in U.S.
Hidden Road, the prime brokerage platform recently acquired by Ripple, has officially launched a digital assets prime brokerage for the U.S. market, giving institutional investors access to over-the-counter (OTC) crypto swaps. The new offering will allow U.S.-based institutional clients to execute cash-settled OTC swaps across several tokens. The product will be operated through Hidden Road's UK-based, FCA-regulated entity, Hidden Road Partners CIV UK Ltd. The expansion also includes cross-margining and financing services for digital assets. 'The United States digital asset market has long been under-served from a product standpoint,' said Michael Higgins, International CEO and Global Head of Corporate Development at Hidden Road, in a Thursday release. 'While OTC swaps represent a significant portion of digital asset trading volumes globally, until now, they were largely unavailable to U.S. institutions. With the launch of our swap prime brokerage capabilities, we can provide clients with access to an expanded range of products and solutions.' OTC swaps are trades that occur privately rather than on a public exchange, and are commonly used by institutional players to execute large trades discreetly, preventing significant price swings on open markets. Ripple acquired Hidden Road in April in a $1.25 billion deal, aiming to help expand the platform globally as a non-bank prime broker in the digital asset space. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
6 days ago
- Business
- Associated Press
Hidden Road Launches Digital Asset Swaps Prime Brokerage for the United States Market
New Product Launch Expands Suite of Prime Brokerage Solutions and Fulfills Growing U.S. Demand for Digital Asset Swaps LONDON, May 28, 2025 /PRNewswire/ -- Hidden Road today announced the launch of its digital asset swaps prime brokerage capabilities for the United States market. U.S.-based institutional clients will now be able to execute cash-settled OTC swaps across dozens of the most prominent digital assets. The new OTC swaps product is offered from the Group's FCA-regulated entity, Hidden Road Partners CIV UK Ltd. With this launch, Hidden Road will also offer various cross-margining and financing services in digital assets. 'The United States digital asset market has long been under-served from a product standpoint,' said Michael Higgins, International CEO and Global Head of Corporate Development for Hidden Road. 'While OTC swaps represent a significant portion of digital asset trading volumes globally, until now, they were largely unavailable to U.S. institutions. With the launch of our swap prime brokerage capabilities for the United States market, we can provide clients with access to an expanded range of products and solutions.' The launch of Hidden Road's digital asset swap capabilities for the United States follows its definitive agreement in April 2025 to be acquired by Ripple, a leading provider of digital asset infrastructure for financial institutions, for $1.25 billion. With the backing of Ripple's significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become one of the largest non-bank prime brokers globally. The deal is expected to close in the coming months, subject to regulatory approvals. About Hidden Road Hidden Road Partners is the global credit network for institutions, enabling seamless access to traditional and digital markets. Conflict-free and built on a modern technology stack, we remove complexity and cost in prime brokerage, clearing and financing. For more information, please email [email protected]. Media Contact Carissa Felger/Sam Fisher Gasthalter & Co. [email protected] +1 (212) 257-4170 View original content to download multimedia: SOURCE Hidden Road Partners
Yahoo
21-05-2025
- Business
- Yahoo
Kraken Rolls Out Regulated Crypto Derivatives in Europe
Kraken is rolling out regulated crypto derivatives trading in Europe, compliant with the European Union's Markets in Financial Instruments Directive (MiFID II). The crypto exchange's perpetual and fixed maturity futures contracts will now be available for retail and institutional customers in the European Economic Area (EEA), the firm said on Tuesday. Permission to trade crypto derivatives came via a Cypriot investment firm called Greenfield Wealth, which Kraken acquired earlier this year, securing the exchange a license from the Cyprus Securities and Exchange Commission (CySEC). The crypto derivatives space has seen some significant moves lately, with big players like U.S.-listed Coinbase (COIN) acquiring leading trading platform Deribit. In Europe, exchanges such as Bitstamp and Gemini are entering the fold, while the MiFID II license held by FTX EU has been acquired by BackPack. Kraken also made a $1.5 billion acquisition of NinjaTrader to drive derivatives trading in the U.S. As well as its European license, Kraken acquired Crypto Facilities, a U.K. FCA-regulated crypto futures platform, in 2019. Kraken's joined-up approach means the contracts European clients will have access to already command a relatively high volume, roughly between $1 billion and $2 billion per day, according to Shannon Kurtas, head of exchange at Kraken. 'This is not offering access to a new trading venue or new contracts,' Kurtas said in an interview. 'These are existing contracts that have material volume trading on them and along with that comes established liquidity, better execution costs and fiat rails for getting collateral in and out efficiently and cheaply.' The recent introduction of Kraken's Embed crypto connectivity application means neobanks and fintechs in Europe can also offer derivatives, as well as spot, to their clients, Kurtas said. Picking up licenses in smaller and arguably more nimble jurisdictions like Cyprus and Malta has become a well-trodden path for Crypto firms with deep pockets. 'More nimble is probably a fair characterization,' Kurtas said. 'Also, there's been an established set of firms, particularly in the CFD space, who traditionally have offered retail access to FX derivatives and CFDs, and so there's kind of a nexus of individuals, firms and know-how, if you will, in the area for these products.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Crewstone International and Solyco Capital Announce Partnership to Create New Investment and Acquisition Opportunities in the UK and US to Be Fueled by $165MM+ in Committed Capital
KUALA LUMPUR, MY / / May 13, 2025 / Crewstone International ("Crewstone"), a Malaysia-based private equity firm, is pleased to announce a Co-General Partnership with Solyco Capital ("Solyco"), a U.S.-based private equity group with 6 offices across the US and UK. The investment is designed to open new US and UK investment opportunities to Crewstone's growing international network and strengthen Crewstone's position as a preeminent player in the US and UK markets. The investment represents over $165 Million in committed capital, to be initially focused on two core initiatives: 1) Working with the newly formed Solyco UK to create or acquire an FCA-regulated financial services firm and provide access to the growing private investment market in the UK (in progress), and 2) Investment into the US via Solyco's expanding platform, including a direct investment into Solyco SPV II, which features a curated selection of more than 15 companies across high-growth sectors including Artificial Intelligence, Technology, Biotech, SportTech, HealthTech, Energy, and Logistics, with an estimated valuation of over $1.4 Billion USD1. This partnership marks a significant milestone in Crewstone's international expansion, following the launch of its U.S. subsidiary, Crewstone Capital, in New York at the end of 2024. The alliance will not only strengthen Crewstone's U.S. footprint but also establish a foundational presence in the UK. Solyco US plans to work hand-in-hand with Crewstone US to provide not only an opportunity pipeline but also access to later stage transactions, from investment rounds to IPO. As part of the initial phase, Crewstone will raise over USD 15 million through its network of limited partners via a dedicated fund structure, - the Solyco Capital Opportunistic Fund. The capital will be channeled into a UK-domiciled SPV to facilitate the acquisition or creation of a Regulated UK investment firm, opening the door to direct investment in a range of UK and European companies, and potentially participating in select Government Initiatives such as the venerated EIS program. Participating LPs will have the opportunity to acquire up to 10% equity in the SPV, subject to full subscription. The initiative is designed to create a scalable platform for broader expansion across the European financial services landscape. In parallel, Crewstoneis launching a broader fundraising initiative of up to USD 150 million, beginning with an initial USD 50 million tranche dedicated to Solyco's Portfolio SPV II. This capital will be strategically deployed across transformational sectors with strong market relevance and long-term value creation. This phase of the partnership aims to position Crewstone and Solyco as leading cross-border private capital partners, unlocking high-impact investment opportunities across developed markets. "The partnership with Solyco Capital marks a significant milestone in our expansion into the UK while reinforcing our U.S. presence and establishing a growth platform across transformative sectors. Our combined capabilities are set to deliver long-term value to both investors and stakeholders," said Dato' Izmir Mujab, CEO of Crewstone International. "Our partnership with Crewstone is a unique and powerful fit within Solyco's global expansion strategy. Through this alliance, Crewstone's LPs will gain access to the distinctive value of our growing portfolio, while our companies will gain access to opportunities for global export," said John Garcia, Founder and Managing partner of Solyco Capital. "We were drawn to the strength and reputation of Crewstone's founders, and equally impressed by their culture of transparency, performance, and fierce dedication to protecting and serving their LPs - values that align seamlessly with our commitment to service, purpose, and impact across the assets, companies, and markets in which we invest. Together, Crewstone and Solyco Capital form a dynamic force of good, delivering a powerful combination of value creation, growth, and intentionally designed - near-and long-term liquidity - across global markets." About Crewstone International Sdn Bhd Crewstone International is a licensed private equity and investment management firm regulated by the Securities Commission Malaysia (License No. VCPE/0099/2023). Managing over USD 1 billion in assets, Crewstone specializes in cross-border private equity, private credit, and fund strategies, with a strong emphasis on value creation for institutional and government partners. The firm has also recently expanded its presence into the United States and London, further strengthening its global market access and capital deployment capabilities. About Solyco Capital Solyco is a vertically integrated Capital Group, combining Venture Capital, Private Equity and Human Currency to help companies build greatness. We specialize in identifying companies who are positioned to disrupt a market, invest early and support them with a combination of capital and expertise through critical stages of their growth, in the process creating uniquely structured investment opportunities for qualified LP's. We have pioneered The Solyco Method, combining insider access to curated investment opportunities with an "our capital first" de-risking model designed to protect principle while generating outsized returns for our investors. Founded in 2017 in Detroit Michigan, today we are 40+ professionals in 6 offices across the US and London, representing over 500 years of combined expertise, and a collective history of over $40 Billion in transaction experience across multiple sectors. Forward-Looking Statements and Legal Disclaimer This press release contains forward-looking statements, including but not limited to statements regarding future fundraising, acquisitions, and investment performance. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Neither Crewstone International nor Solyco Capital undertakes any obligation to update or revise such statements. This document is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction. Any such offering will be made only in accordance with applicable securities laws, pursuant to confidential offering materials that will be furnished to qualified investors and will be subject to the terms and conditions therein. 1. Valuation estimates for SPV II from independent sources provided by Solyco Contact Information Chin Yu Investment Associatechinyu@ SOURCE: Crewstone International Sdn Bhd View the original press release on ACCESS Newswire
