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Page 1: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 2: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 3: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 4: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

The incumbents are waking up ...........................................................................................1

Stock exchanges are embracing cryptocurrencies ...............................................................2

Traditional banks and investment firms feel the demand ....................................................3

The future of payments.......................................................................................................5

Security and custody solutions ............................................................................................6

Regulation is coming ...........................................................................................................7

Appendix: The different projects summarized. ....................................................................9

Page 5: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 6: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 7: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 8: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 9: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 10: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 11: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
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Page 13: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 14: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

Incumbents Betting on Crypto ......................................................................... 12

Bakkt .................................................................................................................................12

Fidelity Digital Assets ........................................................................................................13

Nasdaq to launch Bitcoin futures ......................................................................................14

Digital Assets Receipts ......................................................................................................15

Insurance coverage for cryptocurrency .............................................................................16

Morgan Stanley to offer Bitcoin Swaps..............................................................................17

Goldman Sachs moving into Bitcoin ..................................................................................18

Bitcoin ETF on CBOE ..........................................................................................................19

Stuttgart Stock Exchange to launch crypto exchange app .................................................20

Cryptocurrency ETF ...........................................................................................................21

Barclays’ digital assets project...........................................................................................22

Decentralized Identity System ...........................................................................................23

Cryptocurrency wallet from Samsung ...............................................................................24

ErisX crypto exchange .......................................................................................................25

HTC blockchain-based phone ............................................................................................26

World’s first crypto index ETP ...........................................................................................27

Norwegian Block Exchange ...............................................................................................28

Opera built-in cryptocurrency wallet .................................................................................29

Prestigious universities invest in cryptocurrency ...............................................................30

Tax payments in Bitcoin ....................................................................................................31

Crypto exchange backed by Central Bank in Middle East ...................................................32

Tokenization of Nasdaq stock............................................................................................33

Mobile Payment & FinTech Companies ............................................................ 34

Cash app ...........................................................................................................................35

Revolut .............................................................................................................................36

Robinhood ........................................................................................................................37

Abra ..................................................................................................................................38

Circle Pay ..........................................................................................................................39

Page 15: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

Veem ................................................................................................................................40

Crypto companies ............................................................................................ 41

Cryptocurrency exchanges ................................................................................................42

Bitmain .............................................................................................................................55

Bitpay ...............................................................................................................................56

BitGo .................................................................................................................................57

Regulation of cryptocurrency ........................................................................... 49

USA ...................................................................................................................................49

Canada ..............................................................................................................................51

China ................................................................................................................................52

The European Union .........................................................................................................53

United Kingdom ................................................................................................................54

Malta ................................................................................................................................55

Switzerland .......................................................................................................................56

Illustrations – World maps ............................................................................... 57

Sources............................................................................................................. 59

Page 16: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Digital Asset Platform

Who: Intercontinental Exchange (ICE), Microsoft, Starbucks, BCG ++

When: Early 2019

Why is this important: First “physically” settled futures contracts with daily delivery of Bitcoin. Not cash-settled

futures as seen on CBOE and CME.

Page 17: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

Page 18: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 19: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Digital Assets Receipt (DAR)

Who: Citigroup

When: Unknown

Why is this important: Providing a product that institutional investors are familiar with, using already existing

and regulated infrastructure. This will add an extra layer of trust and security to trading of crypto

Page 20: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Insurance coverage for cryptocurrency theft

Who: Lloyd’s of London & Kingdom Trust

When: August 2018

Why is this important: Positive to see industry leaders getting interested in digital assets

Page 21: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Bitcoin Swaps

Who: Morgan Stanley

When: Unknown

Why is this important: Making cryptocurrency more accessible for institutional investors

Page 22: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Bitcoin derivates & custody solution

Who: Goldman Sachs

When: No timeline

Why is this important: New services with a credible backing from a large institution would open up the

possibilities for investors and crypto fund

Page 23: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Bitcoin ETF

Who: VanEck & SolidX

When: Unknown

Why is this important: Increase liquidity and bring in new institutional investors

Page 24: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Crypto Exchange App & ICO Platform

Who: Boerse Stuttgart

When: First half of 2019

Why is this important: Making investments in digital assets more intuitive

and accessible for investors

Page 25: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency ETF

Who: Coinbase & BlackRock

When: Unknown

Why is this important: Bringing in new institutional capital and make digital

assets more accessible

Page 26: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Crypto trading desk

Who: Barclays

When: Unknown

Why is this important: Large institutional bank show interest in digital asset class

Page 27: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Decentralized Identity System

Who: Microsoft

When: No timeline

Why is this important: Building on public blockchains

Page 28: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency wallet app

Who: Samsung

When: Unknown

Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible

Page 29: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency exchange

Who: ErisX

When: Q2 2019

Why is this important: Bring in more institutional investors and increase to liquidity in the market with

physically settled Bitcoin futures

Page 30: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Blockchain phone

Who: HTC

When: January 2019

Why is this important: Crypto wallet on phone

Page 31: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Crypto Index ETP

Who: Six group & Amun

When: November 2018

Why is this important: Makes investment in cryptocurrency more accessible

and institutional-friendly

Page 32: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency exchange

Who: Owner of Norwegian Air Shuttle

When: February 2019

Why is this important: Makes investment in cryptocurrency more accessible

and opens up link to airline industry

Page 33: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Built-in cryptocurrency wallet

Who: Opera Software

When: December 2018

Why is this important: Convenient and reliable storage of cryptocurrency

Page 34: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Investments in cryptocurrency funds

Who: Prestigious universities

When: Unknown

Why is this important: Growing acceptance of digital assets among institutional investors and it sends a signal

when the largest academic players are backing digital assets

Page 35: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Tax payments in cryptocurrency

Who: State of Ohio, US

When: November 2018

Why is this important: Sets a new standard for tax payments in the U.S.

Page 36: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Central Bank-backed cryptocurrency exchange

Who: Bahrain in the Persian Gulf

When: Early 2019

Why is this important: New capital inflow into the crypto space from a region with few participants

Page 37: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Digital tokens based on stocks

Who: DX. Exchange

When: January 2019

Why is this important: Traditional financial markets merging with blockchain technology

Page 38: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 39: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Mobile payment service

Who: Square Inc

When: First release 2013, bitcoin support in 2018

Why is it important: Accessibility to cryptocurrency payments

Page 40: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Digital banking app

Who: Revolut

When: Launched in 2015

Why is it important: Simplification of the process to get cryptocurrency

Page 41: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Zero fee trading platform

Who: Robinhood

When: Launched in 2015, added cryptocurrency in 2018

Why is it important: Free and easy trading in cryptocurrency

Page 42: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency wallet and exchange app

Who: Abra

When: Launched in 2016

Why is it important: Decentralized trading and wallet where user have all control

Page 43: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Peer-to-peer payment app

Who: Circle Internet Financial

When: Launched in 2013

Why is it important: Accessibility to cryptocurrency investments

Page 44: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Global blockchain payments for small business

Who: Veem

When: Founded in 2014

Why is it important: Enable fast, secure and inexpensive transactions for businesses through cryptocurrency

Page 45: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:
Page 46: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency exchange

Who: Binance

When: Launched in July 2017

Why is it important: Reliable and innovative exchange

Page 47: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency exchange and wallet

Who: Coinbase

When: Founded June 2012

Why is it important: A trusted and compliant U.S. based cryptocurrency exchange

Page 48: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency exchange and custodian

Who: Gemini Trust Company

When: Launched 2015

Why is it important: Focus on regulation and security

Page 49: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Cryptocurrency Mining

Who: Bitmain Technologies

When: Founded in 2013

Why is it important: Operates the largest mining pools for bitcoin

Page 50: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Bitcoin payment processor

Who: BitPay

When: Founded in 2011

Why is it important: Making it easy for business to accept bitcoin payment

Page 51: kryptografen.no · 2019-05-29 · Mobile Payment & FinTech Companies ... Why is this important: Owning and holding cryptocurrency will be more user-friendly and accessible . What:

What: Blockchain security company

Who: BitGo

When: Founded 2013

Why is it important: Onboarding of institutional investors with trusted and regulated solutions

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