Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services
фото показано с : bitcoinmagazine.com

2018-11-14 00:53


The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

“Our mission is to be the bridge for institutions from traditional finance to enter this innovative asset class,” said Final Frontier co-founder Imraan Moola in a public statement. “Bitfury’s technological expertise, combined with our financial markets know-how and track record will allow us to create unique and differentiated financial products and solutions to service our sophisticated investor base.”

Bitfury is a full-service blockchain technology company that started out with a focus on cryptocurrency mining. Among the company’s latest hardware releases are semiconductor chips and mobile data centers.

Bitfury is also the developer behind other blockchain projects including Exonum, a private blockchain framework; Crystal Blockchain, an advanced analytics platform; and LightningPeach, an open-source Lightning Nnetwork project.

Based out of Switzerland’s renowned Crypto Valley, Final Frontier is a cryptocurrency and blockchain investment firm. Among the venture’s main goals are helping professional traders and investors enter the crypto space.

Bitfury CEO Valery Vavilov states, “This is a ground-breaking partnership between a blockchain technology firm and an experienced team from traditional finance. With the blockchain space institutionalizing, we consider it an important step forward for the entire ecosystem and for our own mission to be the world’s leading full-service blockchain company.”

News of the partnership comes only days after Bitfury closed a Series C, $80 million funding round led by Korelya Capital. Funds will be used to further develop the company’s exploration of emerging technology and boost its software and hardware equipment. Its partnership with Final Frontier raises questions about whether Bitfury may be trying to expand its reach into investment services.  

Bitcoin Magazine reached out to Bitfury for comment. The company said that it was unable to “provide more details at this time,” but it was “looking forward to sharing more details in the future.”

Final Frontier also did not respond to our request for comment.


This article originally appeared on Bitcoin Magazine.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Digital Rupees (DRS) на Currencies.ru

$ 6.38E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $6.38E-5 - H: $6.38E-5
Капитализация $32.611k Rank 99999
Доступно / Всего 510.803m DRS

blockchain bitfury final frontier company services traditional

blockchain bitfury → Результатов: 35


Blockchain Life 2018 состоялся

В Санкт-Петербурге состоялся крупнейший международный форум по блокчейну, криптовалютам и майнингу — Blockchain Life 2018. Глобальное событие индустрии посетили лидирующие компании отрасли, среди которых: мировые криптовалютные биржи (Okex, Huobi и др.

2018-11-14 09:39


В Санкт-Петербурге состоялся крупнейший международный форум по блокчейну, криптовалютам и майнингу Blockchain Life 2018

Глобальное событие индустрии посетили лидирующие компании отрасли, среди которых: мировые криптовалютные биржи (Okex, Huobi и др. ), майнинговые гиганты Bitmain, Bitfury и Btc. com, создатели и топ-менеджеры ключевых криптовалют (Bitcoin Gold, NEM и др.

2018-11-13 16:17


Crypto Mining Startup Bitfury Secures $80M From Galaxy Digital, Others

Bitfury Gains Traction, Secures Millions In Venture Capital Even though you may not know of Bitfury, the crypto- and blockchain technology-centric startup has been making waves in the mining subindustry, in spite of the dismal performance of the cryptocurrency market, which has seen the aggregate value of all digital assets take a 75%+ haircut.

2018-11-7 06:29


В Москве представитель Bitfury Group расскажет об успешном внедрении блокчейна в бизнес и госсектор

20 ноября в Москве на Blockchain Conference Moscow эксперты криптоиндустрии расскажут о применении блокчейна в промышленности и его роли в децентрализации интернета. Мероприятие организует международная компания Smile-Expo.

2018-10-29 19:03


Bitcoin, Blockchain and Crypto Daily News Recap For October 24th [VIDEO]

Oracle Launches New Suite of Blockchain SaaS Applications to Support Supply Chain Oracle Launches New Suite of Blockchain SaaS Applications to Support Supply Chain Bitfury Crystal Blockchain Analytics Tool Now Incorporates Bitcoin Cash (BCH) And SegWit Support Bitfury Crystal Blockchain Analytics Tool Now Incorporates Bitcoin Cash (BCH) And SegWit Support Dash Cryptocurrency Gets Uphold Digital […]

2018-10-25 17:43


В Минске блокчейн-эксперты обсудят состояние цифровой экономики в Беларуси

10 октября в Минске пройдет конференция Blockchain & Bitcoin Conference Belarus, организованная международной компанией Smile-Expo. Декрет №8 «О развитии цифровой экономики» станет главной темой обсуждения на мероприятии.

2018-10-2 10:40


Bitfury запускает новое поколение ASIC-майнеров для криптовалюты Биткойн

Компания Bitfury Group запустила новое поколение своих аппаратных лайнеров для криптовалюты Биткойн. Сообщение Bitfury запускает новое поколение ASIC-майнеров для криптовалюты Биткойн появились сначала на Freedman.

2018-9-21 19:33


Фото:

Blockchain Live: London On September 26th 2018

On September 26th at London Olympia, Europe’s premier event in the blockchain calendar celebrates the latest and greatest in Blockchain, DLT and Smart Contracts. Working with respected affiliates such as the Blockchain Research Institute, techUK and 11:FS, Blockchain Live boasts the big names in blockchain with the likes of Bitfury, ConsenSys and EOS sharing the […] The post Blockchain Live: London On September 26th 2018 appeared first on .

2018-7-27 00:17


2018 Blockchain Summit Moves to Morocco, Richard Branson Hosts

Bitfury, in partnership with ACTAI Global, announced that its 2018 Blockchain Summit will be taking place in July at Sir Richard Branson’s Kasbah Tamadot in Morocco. The Summit is traditionally held at Branson’s private Necker Island, however, in the aftermath of Category 5 storm, hurricane Irma, the retreat center along with thousands of private residences on the island have… The post 2018 Blockchain Summit Moves to Morocco, Richard Branson Hosts appeared first on UNHASHED.

2018-7-10 22:09


BitFury запускает блокчейн-проект по регистрации прав на землю на Бермудах

Поставщик биткоин- и блокчейн-решений Bitfury Group объявил о подписании исторического соглашения с правительством Бермудских Островов, в рамках которого внедрит технологию блокчейн в земельный кадастр этой заморской территории Великобритании.

2018-6-29 13:16


20 влюбленных пар сохранили свидетельства о браке в блокчейне биткоина

Компания Bitfury Group обеспечила подлинность бракосочетания 20 молодоженов, поместив их брачные свидетельства в блокчейн биткоина. We are still accepting requests to secure marriage registrations on the Bitcoin Blockchain! Learn more here: https://t.

2018-6-25 14:04