#CryptoCorner Episode 423: Coinbase May be Eyeing a Stock Market Listing, bitFlyer Partners with Brave for Wallet Feature, and Santander (NYSE: $SAN) Expanding Ripple Collaboration to 19 New Countries
Point Roberts, WA, Delta BC July 10, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
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Read this in full at https://www.investorideas.com/news/2020/crypto-corner/07101Coinbase-bitFlyer-Santander.asp
Stocks discussed: (NYSE:SAN)
Citing “three people familiar with the matter,” Reuters reports that U.S. crypto exchange giant Coinbase is readying for a stock market listing. Such a listing, which “could come as early as this year,” would distinguish Coinbase as the first major U.S. exchange to go public. To proceed, Coinbase will need to receive approval from the U.S. Securities and Exchanges Commission (SEC), though the sources indicate that it “has not yet registered its intention to go public with the SEC.” Sources also said that Coinbase may choose against an initial public offering (IPO) in favour of a direct listing.
CoinDesk reports that Japanese crypto trading giant bitFlyer has partnered with Brave Software International SEZC, the token operating subsidiary of Brave browser “to offer the wallet feature to users of both companies.” Brave’s chief marketing officer for Asia, Ryotaro Chikaki, told the publication:
“We decided to work with bitFlyer as they’re the largest exchange in Japan with high trust by users for its security standard. Also, they are one of the key players in crypto-asset and blockchain technology. For Brave, it was a natural choice to work with them to expand our ecosystem in Japan.”
A spokesperson for bitFlyer told CoinDesk via email:
“By leveraging the expertise and security that has characterized us since 2014, we will build a crypto asset wallet for Brave browser users to make owning and storing crypto as convenient as possible.”
Banking giant Santander (NYSE:SAN) has announced an expansion of One Pay FX, its cross-border payments app created in partnership with Ripple, to 19 new countries including the U.S. Ed Metzger, the CTO of One Pay FX, explained:
“We’re looking to expand One Pay FX to new territories and customer segments so more people can benefit from faster, cheaper and more transparent international payments. The partnership with Ripple is key because our success so far gives us the confidence to move ahead even faster. It’s not just the technology. Being part of RippleNet has helped us to forge sustainable and scalable relationships with other financial institutions around the world.”
Sam Mowers, Investorideas
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