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US’ decision on Bitcoin ETF to set mood for Korea‘s cryptocurrency market

The bearish global cryptocurrency market has prompted investors to turn their attention to “safer” bitcoin exchange-traded funds. But South Korean institutions have kept a tight leash on the whole...

Goldman Sachs backs U.S. construction finance tech startup Rabbet

Goldman Sachs Group Inc has backed Rabbet, a U.S. startup that develops software to help make construction finance more efficient, the companies said on Wednesday. Rabbet, formerly known as Contract Simply...

Allianz more than doubles digital investment fund to $1.1 billion

German insurer Allianz said on Wednesday it had more than doubled the size of a fund devoted to digital investments. Allianz X, as the fund is known, has been increased to 1 billion euros ($1.1 billion), from...

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