Hong Kong trading platform to use SIX solution
Zurich/Hong Kong – SIX Group has entered into a strategic partnership with Contineo, a Hong-Kong based trading platform for structured products in Asia. It will provide Contineo with its product life-cycle infrastructure Connexor.
Crypto Finance impresses investors
Zug – The Zug-based company Crypto Finance raised 16 million Swiss francs in a new financing round. The additional capital will be used to apply for a Swiss banking licence.
World’s steepest funicular now in operation
Zurich – The world’s steepest funicular railway went into operation this weekend in the Swiss Alps. Travelling between Schwyz and Stoos, it can overcome a slope gradient of 110 per cent. The funicular is powered by ABB electric engines.
Universities cooperate on digitalization
Zurich/Geneva – The Universities of Zurich and Geneva have entered into a strategic partnership to jointly promote digitalization in research and teaching.
PriceHubble wins over investors
Zurich – PriceHubble wants to revolutionize the valuation of real estate through machine learning approaches. The Zurich-based startup has now raised several million Swiss francs in a financing round.
Lykke raises 6 million Swiss francs
Zug – Lykke has raised 6 million Swiss francs in a 24-hour token sale. The Zug-based fintech company developed a platform for trading digital currencies.
Zurich discovery could unlock lung disease treatments
Zurich – Scientists in Zurich have used cryo-electron microscopy to determine the architecture of the chloride channel TMEM16A. Their findings could help develop new drugs to treat the lung disease cystic fibrosis.
Chinese big bank comes to Zurich
Zurich – The Industrial and Commercial Bank of China is settling in Zurich. The world’s biggest and most valuable bank obtained a Swiss banking license from Finma, according to a media report.
Russian telecom company turns to BLOCKv
Zug/Moscow – The Russian telecommunications company MegaFon is using technology from the Zug-based blockchain company BLOCKv to create a digital treasure hunt on the streets of Moscow. The game is based on the Ethereum blockchain.
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