ETF Giant Challenges Tether and Paxos with Framework for Tokenized Gold
Cryptocurrencies like Bitcoin offer individuals complete control over their funds, but the same can’t be said for assets locked in…
Category: Financial
Crypto Market Under Pressure as Traders Price Out Fed Rate Cuts Over Inflation Risks
The crypto market is down today and facing renewed pressure as inflation concerns grow due to the U.S.-Iran war, which…
Market maker IMC Trading hires Alex Casimo as chief commercial officer for its crypto business
Dutch market maker IMC Trading has hired Alex Casimo as chief commercial officer of its cryptocurrency business, according to a…
Apyx expands Strategy’s STRC stake to $29M, targets top-holder position
Apyx, a dividend-backed stablecoin protocol, acquired an additional 33,888 shares of Strategy’s preferred stock instrument STRC, bringing its total holdings…
Singapore-based Ryde adopts crypto treasury strategy
Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said Wednesday that it has adopted a…
Federal Reserve moves to ease capital rules for Wall Street’s biggest banks
Fed unveils a 90-day comment plan to ease Basel III and G-SIB capital rules, modestly cutting requirements for large banks…
Wall Street heavyweight Cantor among investment banks pitching FalconX for its potential IPO
Wall Street financial services firm Cantor is among investment banks that are pitching cryptocurrency trading platform FalconX for its potential…
Coinbase’s bitcoin yield fund goes onchain with Apex’s tokenization push
Exchange giant Coinbase’s (COIN) asset management arm is bringing its bitcoin yield fund onchain, creating a tokenized share class of…
Kalshi doubles valuation to $22 billion with new $1 billion raise
Kalshi has raised more than $1 billion at a $22 billion valuation in a new financing round led by Coatue…
SOL treasury Forward industries buys back shares using crypto-backed debt
Forward Industries, a publicly traded company with a Solana-focused treasury strategy, has launched a share repurchase program funded through a…