ARK Invest acquires Robinhood shares with a $34 million investment
ARK Invest purchased approximately $34 million worth of Robinhood stock. The company stated that the investment is a long-term strategic move to gain access to...
Binance completes conversion of SAFU fund from one billion to 15,000 BTC
Binance announced the completion of the transformation of its SAFU fund, which involved converting one billion of its reserves into Bitcoin (BTC). The exchange stated...
Agant takes a key step towards creating its GBPA stablecoin in British pounds
by Logan Pierce
Agant registered as a crypto asset company with the Financial Conduct Authority (FCA), with the aim of ensuring its regulatory framework and being able to...
Gen Z fuels $100 trillion derivatives boom driven by financial economic nihilism
Generation Z is transforming the global market through a phenomenon termed financial economic nihilism, which has catapulted crypto derivatives volume to a staggering 100 trillion...
BlackRock projects $2 trillion in crypto flows driven by ETF adoption in Asia
by Logan Pierce
The ETF adoption in Asia is emerging as the ultimate catalyst for the digital asset market, potentially attracting inflows of up to $2 trillion. According...
Bank Negara Malaysia launches sandbox for stablecoins and tokenization of real-world assets
by Mason Clarke
Bank Negara Malaysia (BNM) has launched three pilot programs within its Digital Asset Innovation Hub (DAIH), aimed at researching the tokenization of real-world assets. According...
Deel and MoonPay enable stablecoin salaries for thousands of businesses across Europe
by Logan Pierce
The payroll platform Deel has integrated MoonPay’s services to allow workers in the United Kingdom and the European Union to receive stablecoin salaries starting next...
Aviva Investors and Ripple drive tokenization of traditional funds via XRP Ledger
The British asset manager, Aviva Investors, has announced a strategic partnership with Ripple to begin its foray into the tokenization of traditional funds using the...
Arkham Exchange pivots to decentralized model amid explosive onchain derivatives volume growth
by Logan Pierce
The trading platform Arkham Exchange is not shutting down its operations but will instead evolve into a fully decentralized exchange (DEX) model. According to CEO...
Launch of synthetic dollar on Sui powers $10 million vault for DeFi yields
by Mason Clarke
The decentralized finance ecosystem celebrates the official launch of suiUSDe, the first synthetic dollar on Sui powered by Ethena Labs’ proven technology. According to the...