Trump family venture plunges deeper into crypto with new ‘stablecoin’
World Liberty’s USD1 will be backed by short-term U.S. Treasurys, U.S. dollar deposits, and other cash equivalents, the company said this...
News by FinTech Collective
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Crypto heading toward 'one-stop-shop' multi-asset investment platforms as M&A activity heats up
The analysts argue that the crypto derivatives market in the U.S. has significant growth potential, as offshore markets, like perpetual...
NYDIG expands technology capabilities with acquisition of Crusoe's bitcoin mining business
As part of the transaction, NYDIG will acquire over 270MW of power generation technology that drives the production of near-zero direct...
EToro files for IPO after crypto drives 2024 revenue surge
The trading platform is aiming to raise up to $400m at a valuation of roughly $4.5b, nearly two years after shelving plans to go public...
RedotPay raises $40m in Series A funding
Hong Kong based crypto payment platform raised $40m in Series A funding led by Lightspeed.
{
“Our team takes pride in empowering millions globally with financial access while bridging the gap between fiat and crypto.”
SEC considers axing proposal for crypto custodial requirements
The agency is working with the White House’s crypto task force to consider alternatives to this proposal, including withdrawing it...
Banks and fintech companies join ‘stablecoin gold rush’
Some of the world’s largest financial institutions are rushing to launch their own stablecoins, aiming to grab a slice of a cross-border...
Mesh raises $82m in Series B funding
San Francisco based crypto payments network raised $82m in Series B funding led by Paradigm.
{
"In a historic moment for both venture funding and stablecoins, most of the $82 million of investments were settled with PayPal USD...…
Banks and fintechs join ‘stablecoin gold rush’
Some of the world’s largest banks and fintechs are rushing to launch their own stablecoins, aiming to grab a slice of a cross-border...
Donald Trump’s crypto embrace is a threat to Wall Street
With the imprimatur of the government and a light patina of regulation, stablecoins will increasingly compete with bank deposits as a...
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