Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Trump-affiliated USD1 has $0 in excess reserves

19/07/2025

Collably Network and Buzzup Form a Big Partnership to Enhance Web3 Social and Financial Experience

19/07/2025

BPI Unveils Bitcoin Policy Manifesto Urging US Leadership

19/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    BPI Unveils Bitcoin Policy Manifesto Urging US Leadership

    19/07/2025

    How bond market helped push BTC to all-time high

    18/07/2025

    Strategy to Sell $2.1 Billion in Stock to Buy More Bitcoin

    18/07/2025

    Bitcoin Project Roxom Global Raises $17.9M to Build BTC Treasury, Create Media Network

    18/07/2025

    Will ETH Pull Back to $2.8K Before Next Leg Up?

    18/07/2025

    BlackRock Just Broke Major 2,000,000 Ethereum (ETH) Milestone

    18/07/2025

    How Will Coinbase Rebrand Its Wallet?

    18/07/2025

    Ether Sees Record Short Build up as Hedge Funds Pile on Basis Trade

    18/07/2025

    Trump-affiliated USD1 has $0 in excess reserves

    19/07/2025

    Solana ETF bump fizzles after $161 price spike

    18/07/2025

    Crypto Whales React to Trump’s ‘Big Beautiful Bill’—3 Altcoins See Accumulation

    18/07/2025

    XRP set for double-digit surge? Three powerful catalysts for Ripple to watch in July

    18/07/2025

    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    14/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Trump-affiliated USD1 has $0 in excess reserves

    19/07/2025

    Collably Network and Buzzup Form a Big Partnership to Enhance Web3 Social and Financial Experience

    19/07/2025

    BPI Unveils Bitcoin Policy Manifesto Urging US Leadership

    19/07/2025

    Will ETH Pull Back to $2.8K Before Next Leg Up?

    18/07/2025
  • Blockchain

    Collably Network and Buzzup Form a Big Partnership to Enhance Web3 Social and Financial Experience

    19/07/2025

    Galxe and 0G Labs Team Up to Build Powerful Web3 dApps With AI and Blockchain

    18/07/2025

    Solana and BNB Behind Blockchain’s Biggest Week Yet — Everything to Know

    18/07/2025

    Grvt Launches On-Chain Investment Marketplace

    18/07/2025

    Bitkub Exchange Collaborates with Delorean Labs for RWA Innovation and Tokenized Mobility

    18/07/2025
  • DeFi

    Blazpay Forges Partnership with X1 EcoChain to Advance Sustainable DeFi

    18/07/2025

    SolvBTC Mints satUSD Stablecoin on BNB Chain for USD Collateral, BTC-Backed DeFi

    18/07/2025

    Mezo Launches Supernormal Foundation to Support BitcoinFi Growth

    18/07/2025

    Kana Labs and Rewardy Wallet Unveil Multi-Chain Swap Experience with Version 1.4.0

    18/07/2025

    StakeStone Unlocks New Era of DeFi with USD1 Vault

    18/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

    18/07/2025

    66 Trademarks Signal Future of Korean Won Stablecoins

    18/07/2025

    Big Promise, Bigger Hurdles in the Race to Democratize Investing

    18/07/2025

    Global markets aren’t buying Trump’s tariff threats this time

    18/07/2025

    Bitcoin Exchange Binance Announces It Removed 5 Altcoins From Its Watchlist And Seed Tag List! What Does This Mean? Here Are The Details

    18/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Exchange-run launchpads average 10x gains but face scrutiny over steep valuations, opaque models

    18/07/2025

    MOEX to offer futures tracking the value of Ethereum

    18/07/2025

    Binance, KuCoin & Upbit Volumes Tank as Traders Flock to Decentralized Exchanges

    18/07/2025

    eToro Enters Singapore amid Approval of MAS Licence

    18/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    CARV Joins Anomaly Games to Redefine AI-Led Gaming Interoperability

    18/07/2025

    GaFin Joins Efforts with Helium Wars to Redefine the Future of Web3 Gaming

    16/07/2025

    Crypto games are struggling in 2025, but big brands aren’t giving up

    15/07/2025

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    15/07/2025

    U.S.-Listed Bitcoin Miners Reach New Peak Share of Global Hashrate

    17/07/2025

    French lawmakers say country could generate $150M in annual revenue from Bitcoin mining

    17/07/2025

    Bitcoin Mempool Emptiness Sparks Network Security Concerns

    16/07/2025

    All-Time High Mining Difficulty, Quiet Google Trends—Is This the ‘Mature’ Bitcoin Bull Market?

    15/07/2025

    US President Donald Trump Makes Hot Remarks on Cryptocurrencies – Shares a Long Statement

    18/07/2025

    Here’s All The Bills Being Introduced In The U.S., Their Potential Impact, And All You Need To…

    18/07/2025

    Trump Vows to Push for New Crypto Bills in Congress

    18/07/2025

    NTS Unveils Tough Stance Against Digital Asset Tax Evasion

    18/07/2025

    Trump-affiliated USD1 has $0 in excess reserves

    19/07/2025

    Collably Network and Buzzup Form a Big Partnership to Enhance Web3 Social and Financial Experience

    19/07/2025

    BPI Unveils Bitcoin Policy Manifesto Urging US Leadership

    19/07/2025

    Will ETH Pull Back to $2.8K Before Next Leg Up?

    18/07/2025
  • MarketCap
NBTC News
Home»Regulation»British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval
Regulation

British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval

NBTCBy NBTC01/03/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider.

The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives.

Elwood, founded by British Billionaire Alan Howard, raised $70m in May 2022. The Series A round, co-led by Goldman Sachs and early-stage venture fund Dawn Capital, raised its valuation to $500m.

Barclays, Citi, and Two Sigma are among other TradFi heavyweights backing Elwood. Galaxy Digital, Chimera Capital, and DCG also back the firm.

Elwood, initially created to manage Howard’s crypto wealth, offers a full Software-as-a-Service (SaaS) platform. It hooks up with crypto exchanges worldwide, letting institutional investors trade digital assets.

Crunchbase data shows that Howard personally made substantial investments in the crypto sector, supporting around 40 crypto companies like Polygon and Komainu.

Elwood Expects TradeFi Players to Invest More in Crypto

The UK-based firm now expects TradFi players to invest more in digital assets, despite 2022’s setbacks. It is one of the first digital asset service providers authorized by the FCA, per Elwood’s CEO.

Mathew McDermott, Goldman Sachs’ head of digital assets, said the FCA’s approval indicates Elwood’s progress in building regulatory-compliant digital asset infrastructure.

“We are excited to be a key stakeholder of Elwood Technologies and encouraged by the strides taken in the UK to bring digital asset companies in line with the strong regulatory expectations of the traditional finance world,” he said in a statement.

It’s worth noting that the FCA has a multi-step process in place to authorize companies operating in the crypto space.

First, companies need to check if their activities fit within the Money Laundering Regulations and the FCA’s rules. When approved, the company will be listed in the FCA’s register and receive a unique identification number.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

BioSig and Streamex eye $1.1b for a gold-backed treasury strategy on Solana

18/07/2025

66 Trademarks Signal Future of Korean Won Stablecoins

18/07/2025

Big Promise, Bigger Hurdles in the Race to Democratize Investing

18/07/2025

Global markets aren’t buying Trump’s tariff threats this time

18/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Trump-affiliated USD1 has $0 in excess reserves

19/07/2025

Collably Network and Buzzup Form a Big Partnership to Enhance Web3 Social and Financial Experience

19/07/2025

BPI Unveils Bitcoin Policy Manifesto Urging US Leadership

19/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.