Vertical Ventures

Nyheter

BNY Mellon joins Arcane Crypto's associated company Pure Digital to build digital currency platform

Stockholm, July 21, 2021 - Arcane Crypto's London based associated company Puremarkets Limited (trading as Pure Digital), in which Arcane has a 37.5% ownership, today announced that BNY Mellon has joined the consortium of banks working with the interbank wholesale marketplace to develop a platform to support the entire digital asset life cycle.

BNY Mellon will collaborate closely with Puremarkets Limited and the other banks in the consortium to help establish a new front-to-back office solution for transacting digital assets. It will also play a role in determining the optimal structure for the platform.

Pure Digital will be the primary source of price origination and discovery for the digital currency market that results from the initiative. The final platform-subject to regulatory approval-will leverage Pure Digital's FX trading industry infrastructure, providing users with stability, security, transparency, as well as capital efficiency.

"With ever-growing client-driven interest and demand in the digital currency space it is natural for a leading first mover bank like BNY Mellon to support our initiative. We look forward to working closely with the digital team at BNY Mellon," said Campbell Adams, founder of Puremarkets Limited.

Lauren Kiley, CEO of Pure Digital added, "As more top-tier banks join our initiative, we move closer to having an efficient wholesale crypto market which will ultimately lead to a more stable and mature asset class. We are delighted to welcome BNY Mellon to our initiative."

"BNY Mellon is pleased to be working with Pure Digital and other consortium members to explore new digital asset servicing solutions for our clients as the regulatory landscape develops," added Jason Vitale, Global Head of Foreign Exchange at BNY Mellon. "Digital assets are only going to become more embedded in global markets in the years ahead and this collaboration accords with BNY Mellon's wider strategy to develop a digital asset capability for clients across the entire trade life cycle."

This collaboration follows BNY Mellon's February 2021 announcement that the firm is building a new digital assets unit that will include the industry's first multi-asset custody and administration platform for both traditional and digital assets.

About Pure Digital

Pure Digital is a fully automated, high throughput OTC market for digital currencies with physical delivery routing to bank-grade custodians. Institutional participants will trade on the platform utilising bilateral credit, enabling counterparty control for all trading participants and creating a significant increase in efficient capital utilisation. This will establish a robust market for price discovery and exchange of risk. For further information: www.puredigitalmarkets.com Email: info@puredigitalmarkets.com

For further information, please contact:

Torbjørn Bull Jenssen, CEO, Arcane Crypto AB

E-mail: ir@arcanecrypto.no

About Arcane Crypto

Arcane Crypto develops and invests in projects, focusing on bitcoin and digital assets. Arcane operates a portfolio of businesses, spanning the value chain for digital finance. As a group we deliver services targeting payments, investment, and trading. In addition, we have a media and research division. Arcane has the ambition to become a leading player in the digital assets space by growing the existing businesses, invest in cutting edge projects, and through acquisitions and consolidation.

Subscribe to press releases and financial information: https://investor.arcanecrypto.se/

For more information, please visit: https://www.arcane.no/

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: ca@mangold.se, web: www.mangold.se.

Filer för nedladdning
2021-08-30
Regulatory

The Board of Directors of Arcane Crypto AB ("Arcane Crypto" or the "Company") has today, by virtue of the authorization from the Annual General Meeting held on 21 May 2021, resolved on and carried out a directed issue of 300,925,294 units (the "Directed Issue") to a group of qualified investors with a proven interest in Arcane Crypto and the crypto currency sector. Each unit consists of one (1) share and one (1) warrant of series 2021:5. The subscription price of the units in the Directed Issue amounts to SEK 0.203 per unit, corresponding to a subscription price of SEK 0.203 per share. The warrants were issued free of charge. Each (1) warrant of series 2021:5 entitles the holder to subscribe for one (1) newly issued share in the Company during the period commencing 1 September 2021 up to and including 28 February 2022. The subscription price per share exercised through a warrant of series 2021:5 is SEK 0.2436. Through the Directed Issue Arcane Crypto will receive proceeds amounting to approximately SEK 61.1 million before deduction of transaction costs. Upon full exercise of the warrants of series 2021:5, Arcane Crypto will receive proceeds amounting to approximately an additional SEK 73.3 million.

2021-08-13
Regulatory

Second quarter of 2021 (compared to second quarter 2020)

  • Group revenue increased to 100,372 kSEK (190)
  • EBITDA was -1,484 kSEK (-1,472)
  • The result for the period was -7,056 (-1,617)
  • Adjusted result for the period was -7,056 (-1,617)
  • Earnings per share before dilution were SEK -0.001 (-0.003)
  • Earnings per share after dilution were SEK -0.001 (-0.003)

First half year 2021 (compared to first half year 2020)

  • Group revenue increased to 102,529 kSEK (308)
  • EBITDA was -12,527 kSEK (-4,369)
  • The result for the period was -143,106* (-4,510)
  • Adjusted result for the period was -16,153 (-4,510)
  • Earnings per share before dilution were SEK -0.019 (-0.008)
  • Earnings per share after dilution were SEK -0.017 (-0.008)
2021-08-09

Stockholm den 9 augusti 2021 - Arcane Crypto meddelar idag att bolaget kommer att ingå i Melanion BTC Equities Universe UCITS ETF. Den 4 augusti offentliggjorde Melanion Capital avsikten att notera ETF:en på Euronext i Paris och att den har erhållit godkännande från den franska finansmarknadsmyndigheten (AMF).

2021-08-09

Stockholm, August 9, 2021 - Arcane Crypto today informs that the company will be included in the Melanion BTC Equities Universe UCITS ETF. On August 4, Melanion Capital announced the intention to list the ETF on Euronext in Paris and that it has received necessary approval from the French Financial Markets Authority (AMF).

2021-08-05

Arcane Crypto hereby invites investors, analysts and media to a webcast presentation by CEO Torbjørn Bull Jenssen in connection with the release of the company's interim report for the second quarter 2021. The webcast will be held on Friday 13 August 2021 at 10:00 a.m. CET.

2021-07-30

Stockholm den 30 juli 2021 - Arcane Cryptos helägda dotterbolag Ijort Invest AB (Trijo) inleder ett samarbete med betaltjänstsföretaget Trustly. Betalningslösningen kommer att lanseras på Trijos plattform inom de närmaste dagarna. Därmed blir Trijo den första kryptobörsen att erbjuda Trustly som betalningsalternativ i Europa.

2021-07-30

Stockholm, July 30, 2021 - Arcane Crypto announces a collaboration between its fully owned subsidiary Ijort Invest AB (Trijo) and the payment service provider Trustly. The option to deposit money through Trustly will be implemented on Trijo's platform in the next few days. This makes Trijo the first cryptocurrency exchange to offer its clients Trustly as a payment option in Europe.

2021-07-29

Stockholm, den 29 juli 2021 - Arcane Crypto kommer från och med den 2 augusti 2021 att inkluderas i CoinShares Elwood Global Blockchain Index. Beslutet följer efter att CoinShares gör bedömningen att Arcane Crypto uppfyller indexets kriteria.

2021-07-29

Stockholm, July 29, 2021 - Arcane Crypto today announces that the company will be included in CoinShares Elwood Global Blockchain Index as of August 2, 2021. The decision follows an assessment by CoinShare of Arcane Crypto's activities against the Elwood Blockchain Global Equity Index's criteria.

2021-07-21

Stockholm, July 21, 2021 - Arcane Crypto's London based associated company Puremarkets Limited (trading as Pure Digital), in which Arcane has a 37.5% ownership, today announced that BNY Mellon has joined the consortium of banks working with the interbank wholesale marketplace to develop a platform to support the entire digital asset life cycle.

2021-07-01

Arcane Crypto AB ("Arcane Crypto" or the "Company") has, on 20 April 2021, announced that the Company's subsidiary Arcane Crypto AS had entered into an agreement to acquire the remaining outstanding shares in Ijort Invest AB, which operates the Swedish crypto exchange Trijo ("Trijo"). The purchase price of SEK 32,835,000 is to be settled by issuance of a total of 121,836,734 new shares in Arcane Crypto to the sellers (the "Consideration Shares") at a subscription price of SEK 0.2695 per share, equal to the price of Arcane Crypto's share on Nasdaq First North Growth Market on the Business Day immediately prior to signing. Closing of the transaction and issuance of the Consideration Shares has today been completed through a directed set-off issue of shares.

<<
1
2
3
...
28
>>

Prenumerera

Pressmeddelanden och rapporter direkt till din e-post.