Banks expand crypto ties to capture IPO deals under Trump: report
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is […]
Stablecoin issuer Tether to expand dealmaking beyond crypto: report
With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals. Tether (USDT), the $140 billion stablecoin issuer, is gearing up to expand its investments beyond the crypto space as the firm’s reserves grow, Bloomberg has learned, citing sources close to the firm. The firm’s financial muscle […]
Tokenized funds go on-chain as Sui, Libre Capital expand blockchain finance
Sui users could soon benefit from expanded access to tokenized funds through a new partnership between the blockchain platform and Libre Capital. The initiative will leverage the Sui (SUI) blockchain and is aimed at institutional and accredited investors. Its unveiling follows the launch of Libre Capital Gateway on Sui. Libre Capital’s partnership with the layer […]
Travala partners with Trivago to expand crypto travel bookings
Travala, a crypto-friendly travel booking platform, has integrated with Trivago, enabling travelers to book over 2.2 million properties using more than 100 cryptocurrencies. The partnership marks another step toward mainstream crypto adoption in the travel industry. The company believes that traditional travel providers are increasingly exploring digital assets as payment methods. Travala has already partnered […]
Ondo Finance launches Ondo Nexus to expand tokenized treasury
Ondo Finance has introduced Ondo Nexus, a new initiative aimed at enhancing liquidity for tokenized Treasuries through expanded issuer partnerships and 24/7 redemption capabilities. The Nexus leverages OUSG’s instant minting and redemption features to provide third-party issuers with improved liquidity for tokenized Treasuries, or “yieldcoins.” The initiative expands OUSG’s backing to include tokenized Treasuries from […]
Kraken wins EU license to expand derivative services
Kraken’s European expansion accelerated as the crypto exchange obtained a new digital asset license to offer more services. Kraken has secured a Markets in Financial Instruments Directive license through its Cyprus-regulated entity, Cypriot Investment Firm, allowing the exchange to provide derivatives products within the European Union. The Cyprus Securities and Exchange Commission regulates Cypriot Investment […]
Ondo Finance to expand tokenized fund OUSG to the XRP Ledger
Ondo Finance plans to expand its tokenized U.S. Treasuries fund, the Ondo Short-Term U.S. Government Treasuries Fund, to Ripple’s layer-1 blockchain, XRP Ledger Founders Fund and Pantera Capital-backed Ondo Finance announced on Jan. 28 that it expects OUSG tol go live on XRP Ledger within the next six months. Ondo Finance (ONDO) is partnering with […]
Bitpanda secures MiCA licence to expand EU operations
Bitpanda has received a MiCA licence from Germany’s Federal Financial Supervisory Authority, allowing it to operate under a unified regulatory framework across all 27 EU member states. The MiCA licence introduces a single regulatory regime for the crypto industry in Europe, addressing long-standing challenges related to fragmented rules across countries. The framework provides licensing clarity, […]
KULR, Genius Group expand Bitcoin holdings
KULR Technology Group and Genius Group Limited, both publicly traded companies, have announced significant increases in their Bitcoin holdings as part of their treasury strategies. KULR Technology Group, headquartered in Houston, has raised its Bitcoin (BTC) treasury to 510 BTC with an additional $8 million purchase. The acquisitions, made at an average price of $101,695 […]
Singapore-based BitFuFu plans Oklahoma Bitcoin mining acquisition to expand in North America
Bitmain-backed crypto mining firm BitFuFu has announced plans to expand into North America with the acquisition of a 51-MW Bitcoin mining facility in Oklahoma. Bitcoin (BTC) mining firm BitFuFu has announced plans to buy a majority stake in a mining facility in Oklahoma in a bid to expand its North American operations. In a Jan. […]
