Blockchain Valley Ventures

Codat, PayPal, American Express | March 03, 2021

Codat is going to set a path towards strategic investments from PayPal Ventures and American Express Ventures. Before, Amex Ventures and PayPal joined as investors in Codat's Series A Index Ventures. And now with the new investments, Codat also launched its U.S. operations. Codat, being a fintech startup, has been powering the small and medium business data ecosystem for a while. Codat's API connects the tools and services which small businesses often need for their operat...

WTO | February 17, 2020

Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus. The Geneva-based trade body said its goods trade indicator fell to 95.5 from the 96.6 reading reported in November. Readings of less than 100 indicate trade growth below medium-term trends. The WTO said the new figure did not take into account the most recent developments, such as the...

Libra, Shopify | February 21, 2020

After shedding several high-profile members, the Facebook-led digital currency project Libra has signed up online commerce giant Shopify.Shopify becomes the first new Libra Association member in four months, stemming a tide in the opposite direction which has seen Mastercard, Visa, eBay, Stripe, Vodafone, Mercado Paygo, and booking.com all bail on the project. Explaining its decision to sign on to the stablecoin initiative, Shopify says: "As online commerce becomes increasingly borderless, ...

Nasdaq | February 19, 2020

The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy. The number of new coronavirus cases dropped for the second straight day in China although global health officials cautioned it was too early to predict how the epidemic will play out and many viewed the official data with skepticism. China is widely expected to cut its benchmark lending rate on Thursday as it...