News list for " business unit"
On December 17th, according to foreign media reports, Goldman Sachs is restructuring some of its technology, media and telecommunications (TMT) investment banking business units to better grasp the opportunities of the rapid development of the artificial intelligence industry and its supporting infrastructure. According to an internal memo, Yasmine Coupal and Jason Tofsky will jointly lead a newly formed "global infrastructure technology" sector, which will be integrated from the original teleco...
Chainlink has partnered with SBI Digital Markets, the digital business unit of Japanese SBI Group, to leverage Chainlink's CCIP technology to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi).
According to TheBlock, one of South Korea's leading cryptocurrency exchanges, Bithumb, has relaunched its business spin-off plan, aiming to refine and strengthen its various business segments while preparing for an initial public offering (IPO) this year. According to a statement released by Bithumb on Monday, the previously delayed spin-off will take place on July 31, 2025. The newly spun-off entity is named BithumbA, but its official English name has not been announced.
According to sources familiar with the matter, crypto exchange Kraken has laid off hundreds of employees across its various business units in the past few months.
Monex Group has announced that its Web3 business unit, Monex Web3, has begun releasing to the public OASIS TOKYO developed on The Sandbox. The project will develop 8 x 8 plots on The Sandbox, with 3 x 3 plots as the main site, creating a space to imagine a future city in 2035. Event facilities such as art galleries and stages will be located in Japan's symbolic cityscape, serving as a base for interaction between creators and fans. OASIS is a member of Monex Web3 and has deployed "OASIS KYOTO" o...
Offchain Labs, the developer of the Arbitrum blockchain, has announced the formation of a new business unit "Tandem" dedicated to driving mainstream adoption of crypto networks. Offchain Labs has invested $10 million in the unit, which focuses on Ethereum ecosystem projects outside of Arbitrum. Offchain Labs is backed by venture investors such as Lightspeed Venture Partners and Ribbit Capital. Tandem will focus on driving the adoption of blockchain in mainstream markets, such as Robinhood and bl...
Cryptocurrency exchange Kraken's recently launched institutional business unit has begun offering custody services to clients in the UK and Australia. Kraken Institutional is designed for users such as hedge funds and exchange traded fund issuers and was launched in the US in March by the San Francisco-based company. The privately held company expects to expand its services to more regions such as the European Union, Switzerland, the Cayman Islands and the British Virgin Islands.
