XRP’s market capitalization has increased by over $2 billion following Ripple’s expansion of its global payments network into three new corridors. The San Francisco-based firm has partnered with payments fintech company Onfariq to open routes connecting Africa, the UK, Australia, and Gulf Cooperation Council (GCC) countries. This partnership aims to eliminate traditional problems associated with […]
Binance, a leading cryptocurrency exchange, has recently launched a new self-custody Web3 wallet. This wallet allows users to easily interact with the decentralized finance (DeFi) ecosystem. To create a wallet, users are required to use the Binance app, which also serves as a platform for various activities such as staking, lending, and borrowing. One notable […]
Ripple, the fintech company, has made major announcements at the Ripple Swell Conference 2023. Firstly, they have rebranded their flagship product RippleNet as Ripple Payments, signaling a strategic shift towards enhancing blockchain-enabled cross-border payments and promoting enterprise crypto adoption. The rebranded product now covers over 70 crypto and traditional payout markets, expanding the scope of […]
HSBC has announced a partnership with tech firm Metaco to integrate its institutional platform, Harmonize, with HSBC’s new custody service for digital assets. The bank plans to launch this custody service in 2024, which will complement its existing digital asset issuance platform, HSBC Orion, and its offering for tokenized physical gold. Together, these services will […]
Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly considering an initial public offering (IPO) next year. The company has initiated discussions with advisors to facilitate the IPO process. While the exact valuation Circle is aiming for remains undisclosed, it is worth noting that the company had a $9 billion valuation during its […]
Circle, the issuer of the USD Coin (USDC), is reportedly considering an initial public offering (IPO) in early 2024, according to Bloomberg. While the stablecoin issuer has been in talks with advisers about the move, there is no certainty that it will result in a public listing. Circle had previously agreed to go public through […]
Stablecoin issuer Circle Internet Financial is reportedly considering an initial public offering (IPO) in early 2024. The company, known for issuing the popular USDC stablecoin, has been in discussions with advisors as it explores the possibility of going public. While no final decision has been made, Circle has expressed its long-standing aspiration to become a […]
Ripple CEO Brad Garlinghouse has generated excitement among the XRP community by teasing significant announcements and discussions at the upcoming Ripple Swell event. Taking place on November 8th and 9th in Dubai, the event is expected to bring together industry professionals to share ideas and perspectives on finance and blockchain. Garlinghouse likened the event to […]
Diversification and gender equality in the workplace continue to be important issues, especially for publicly traded companies. This has led to investment implications as more market participants demand diversity, equity, and inclusion. One ETF that addresses these concerns is the Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI). Managed actively, CDEI offers exposure […]
Proof Group, a prominent Silicon Valley investment firm, has expressed interest in the potential relaunch of FTX, according to sources familiar with the matter. Proof Group, which is part of the Fahrenheit consortium that acquired bankrupt Celsius Network, is reportedly exploring partnerships with other entities to secure the acquisition of FTX. The investment firm has […]
