UK Government to Invest $26.6 mln in Blockchain

Organisations can apply for a share of £19 million for innovative projects or £12 million for business-graduate partnerships in either industry sector area
24 January 2018   2527

The United Kingdom’s technology development arm, Innovate UK, announced on Monday it has up to £19 million ($26.6 million) to invest in innovative ideas for new products, processes and services in the fields of emerging and enabling technologies and health and life sciences, including blockchain technology.

Participants have to submit their proposal until March 28, 2018, and project must meet the specific competition scope. The projects’ scopes must cost at least £35,000 and last at least for three months, but can go on to three years with a cost of £2 million, according to the announcement. One more part of the eligibility criteria is that businesses should be able to raise up to 70% of their costs on their own.

The agency will also offer a further £12 million ($16.8 million) for businesses trying to recruit graduates to help develop their project.

Caspian to Launch Crypto Derivatives Trading

Caspian does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x
21 March 2019   81

Caspian, an asset-oriented asset management platform, has launched cryptocurrency derivatives trading.

Thanks to integration with Deribit, Caspian customers gained access to trading in futures and options for Bitcoin and Ethereum. Also, the platform will provide the opportunity to trade indefinite bitcoin-swap.

According to Caspian, the platform does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x.

We are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and its great knowing that the team at Deribit is working towards the same high standards.
 

Robert Dykes

CEO, Caspian

Caspian noted that their platform connects to Deribit via an API that supports “large trading volumes with extremely low latency”. The platform also has full access to the book of orders of the crypto-derivative stock exchange.