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Revolut sizes up stablecoin play like Ripple
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DeFi’s complexity has long been a barrier to mainstream adoption. Veda, which hit $3.5 billion in TVL within eight months by abstracting that complexity, just raised $18 million to scale its vault system across a broader class of financial platforms.…
News
Ant Group denies rumors of a collaboration between Ant Financial Technology and publicly-listed Chinese company Hainan Huatie involving partnerships in RWA and stablecoins. In an official statement shared on the social platform WeChat, the fintech arm of Alibaba addressed rumors…
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Swedish health technology company H100 Group AB has secured $2.2 million in funding led by Blockstream CEO Adam Back to expand its Bitcoin treasury holdings. According to a May 25 announcement, the Stockholm-headquartered firm raised 21 million Swedish krona (approximately…
BTC
Bitcoin
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Ripple has expanded its presence in the UAE by onboarding two new partners, Zand Bank and fintech firm Mamo, who will leverage its blockchain-based cross-border payments platform. The announcement was made via a May 19 press release, following Ripple’s recent…
Opinion
Stablecoins are already eliminating delays and transaction costs—the main issues that traditional finance has failed to achieve.
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Tether
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Fasset collaborates with Kitabisa’s institution partner for Islamic donations to facilitate zakat payments through USDT, making it easier for Indonesian crypto users to make religious donations. In a press release sent to crypto.news, Dubai-based crypto trading platform Fasset has announced…
USDT
Tether
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Klarna CEO Sebastian Siemiatkowski has announced plans to integrate crypto into the fintech giant’s platform, as the company prepares for its highly anticipated IPO in the U.S. this April. In his recent post on X, Sebastian Siemiatkowski, CEO of Swedish…
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VanEck has announced the launch of VanEck Ventures, a $30 million early-stage fund focused on fintech, digital assets, and artificial intelligence. The fund will support pre-seed and seed-stage startups, with investment amounts ranging from $500,000 to $1 million per project.…
BTC
Bitcoin
News
Crypto’s stablecoin market could see a new entrant as Revolut reportedly eyes a fiat-pegged token of its own. According to reports, the London-based firm has already begun work on its stablecoin offering, though the product’s timeline or launch date remains…
Opinion
Crypto derivatives mark an evolution in what crypto is capable of and demonstrate the industry’s ability to match or surpass the traditional financial markets.
BTC
Bitcoin
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Backed by PayPal, fintech connection layer Mesh has unveiled a partnership with Italy’s crypto wallet Conio. American fintech startup Mesh has announced a partnership with Italian crypto wallet Conio, aiming to broaden its reach to multiple crypto trading platforms such…
News
In a recent filing with the SEC, BlackRock’s Global Allocation Fund disclosed its ownership of an additional 43,000 shares of the iShares Bitcoin Trust as of April 30. This filing follows BlackRock’s May 28 filings that revealed the fund’s exposure…
News
Singapore-headquartered cross-border payments firm Nium has raised $50 million in a new funding round, marking a 30% discount to its previous valuation. Ripple‘s payment partner Nium has cut its valuation by 30% in its latest $50 million Series E funding…
News
In an insightful conversation at Web Summit Qatar 2024, Dileep Thazhmon, CEO and Founder of Jeeves, discussed potential plans for the company’s expansion into Qatar by 2025. Reflecting on his personal connection to Doha, where he spent his childhood, Thazhmon…
Opinion
The evolution of visual aesthetics in crypto projects and current design trends in the industry.
Opinion
Traditional finance and defi have plenty to gain by working together, even if the industry is resistant to change.
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Opinion
