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FlatexDEGIRO has launched cryptocurrency trading for its German clients, offering 20 cryptocurrencies through a partnership with Wyden, Tradias, and Tangany. This collaboration ensures compliance with MiCA regulations and aims to enhance transparency in digital asset trading. Future plans include expanding services to Austria and the Netherlands, along with introducing crypto staking and savings plans.
Givaudan achieved a historic milestone in 2024, reporting net profits exceeding one billion Swiss francs for the first time, with a net profit of 1.09 billion francs and a revenue growth of 7.2% to 7.41 billion francs. Analysts have varied ratings, with Goldman Sachs maintaining a 'Buy' at 5100 francs, while Jefferies rates it 'Underperform' at 3400 francs. The company is set to release its financial figures for 2024 on January 24, 2025, amid mixed market reactions.
Wyden has secured $16.9 million in a Series B funding round led by Truffle Capital, aiming to expand its digital asset services for banks, brokers, and exchanges. The company plans to integrate up to 20 new partners by 2025, focusing on markets with stringent regulatory frameworks, while enhancing its workforce and product development, particularly with its Wyden Infinity platform. This investment positions Wyden as a leader in institutional digital asset trading infrastructure, catering to the evolving needs of financial institutions.
Baader Bank AG.
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flatexDEGIRO launches cryptocurrency trading with new partners for enhanced services
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11:26 30.01.2025
givaudan faces mixed analyst ratings as target prices fluctuate
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13:20 20.11.2024
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