Omar Faridi

Figure Closes $300M Prefunded Securitization on Its Blockchain Marketplace

Figure Technology Solutions (Nasdaq: FIGR) has successfully completed a $300 million securitization that stands out for being fully prefunded before any loans are originated. The transaction covers loans destined for trading on the company’s blockchain-native platform, Figure Connect. This marks a clear departure from some of… Read More

Ledger Clarifies Digital Assets Ownership Under EU MiCA Rules

As the European Union’s Markets in Crypto-Assets (MiCA) regulation goes into full enforcement following the end of its grace period on July 1, 2026, French hardware wallet maker Ledger has outlined what the new framework means for digital asset ownership. In its latest analysis, the… Read More

South Korea’s SK Hynix, a Key Nvidia Supplier, Files for Nasdaq Listing to Tap US Capital Markets

South Korea’s memory chip producer SK Hynix has formally submitted a registration statement with the US Securities and Exchange Commission (SEC) to list American Depositary Shares on the Nasdaq Global Select Market. The move marks a major push by the company to broaden its investor… Read More

Tencent Initiates Internal Trials of TenPayGo to Streamline Digital Payments for Visitors in China

Tencent Holdings, the Chinese technology firm behind the widely used WeChat ecosystem, has started limited internal testing of a new mobile application called TenPayGo. The move comes as international tourism to China continues to rebound strongly, creating fresh demand for user-friendly financial tools tailored to… Read More

Mynt Files for Philippine IPO Backed by Ant International

Mynt Inc., the parent company of the Philippines’ dominant digital wallet GCash, has formally filed paperwork for what would become the country’s largest-ever initial public offering. The move positions the fintech unicorn to raise as much as $1.5 billion by selling up to roughly 12… Read More

Kiwoom Securities in Talks to Acquire Stake in Bithumb Crypto Exchange

South Korean brokerage firm Kiwoom Securities is pursuing an equity investment in Bithumb, the country’s second-largest cryptocurrency exchange by trading volume. The two parties are currently said to be negotiating a deal structured as a third-party private placement of newly issued shares. Under the proposed… Read More

Financial Institutions Accelerate AI Scaling as Consumer Trust and Governance Emerge as Decisive Factors : Research

Financial institutions worldwide are shifting from isolated AI experiments to widespread organizational deployment, according to a new World Economic Forum (WEF) report. Titled The AI Playbook for Financial Services and developed in partnership with Accenture, the publication stresses that while AI promises major efficiency and… Read More

UK based Atom Bank’s Sale Process Nears Collapse Over Valuation Gap

The planned sale of Atom Bank, one of the UK’s digital challenger banks, is reportedly close to falling through. According to an update from the Financial Times, the Newcastle-based lender has been unable to attract bids at the £600 million level its shareholders had been… Read More

Phantom Wallet Moves Prediction Market Backend to World Prediction Markets, Enabling Automatic On-Chain Settlement

Phantom, the Solana cryptocurrency wallet serving more than 20 million users, has updated the infrastructure supporting its in-app prediction markets feature. Starting with positions opened on or after June 1, 2026, new trades now rely on World Prediction Markets instead of the previous Kalshi-powered system…. Read More

Blockchain Analytics Platform Arkham Rolls Out Elo Ratings for Prediction Market Traders

Blockchain analytics platform Arkham has introduced a new Elo-style rating system designed to measure the forecasting skill of traders on prediction markets, particularly those active on Polymarket. Launched on June 29, 2026, the feature aims to spotlight consistent performers by focusing on prediction accuracy rather… Read More

KPMG UK Highlights Weakening Confidence in Property Market as Bank of England Releases Money and Credit Data

The Bank of England’s Money and Credit statistics point to a noticeable slowdown in mortgage activity, with net borrowing by individuals falling to £2.9 billion from £4.4 billion in April. KPMG UK also mentioned that mortgage approvals for house purchases declined to 56,200, down from… Read More

DTCC’s NSCC Rolls Out Extended 24×5 Clearing Hours, Supporting Overnight US Equities Trading

The Depository Trust & Clearing Corporation (DTCC) announced that its National Securities Clearing Corporation (NSCC) subsidiary has successfully launched extended clearing operations on a near-continuous 24×5 schedule. Clearing services now run from Sunday at 8:00 p.m. Eastern Time through Friday at 8:00 p.m. ET, enabling… Read More

European Investment Bank (EIB) Issues DLT-Native Commercial Paper on Clearstream’s D7 Platform

The European Investment Bank (EIB) has issued its first commercial paper using distributed ledger technology (DLT) directly on Clearstream’s D7 platform. This transaction stands out as the inaugural DLT-native commercial paper issuance on the platform, demonstrating how blockchain-based tokenization can integrate seamlessly into established, regulated… Read More

Bullish Secures Gibraltar Regulatory Approval to Trade Tokenized Securities

Bullish (NYSE: BLSH), the Cayman Islands-based institutional digital asset platform, announced it has received approval from the Gibraltar Financial Services Commission (GFSC) to offer trading in tokenized securities. The authorization places Bullish among the earliest regulated venues worldwide permitted to facilitate trading in issuer-sponsored tokenized… Read More

Solana based Pump.fun has Dramatically Lowered Barrier to Creating Speculative Meme Coins : Analysis

A recent analysis from CoinGecko reveals just how fleeting most meme coins launched on Pump.fun really are. The Solana-based platform has lowered the barrier to token creation dramatically, enabling anyone to mint a coin with minimal cost or technical skill. Since January 2024, this has… Read More

Crypto Markets Encounter Setbacks with Dogecoin (DOGE) and Hyperliquid’s HYPE Token Posting Sharp Declines

Digital asset markets have come under fresh strain lately, as relatively large market-cap cryptocurrencies register meaningful losses. Dogecoin (DOGE) and Hyperliquid’s HYPE token stand out for their substantial drops during this period of broader weakness across Bitcoin and the overall crypto space. Meanwhile, investor interest… Read More

Contactless Cash Withdrawals Introduced by Mizrahi Tefahot Bank at Israeli ATMs

Mizrahi Tefahot Bank has become the first financial institution based in Israel to roll out a contactless system for withdrawing cash from automated teller machines. Customers can now access funds by tapping a smartphone, smartwatch, payment ring, or bracelet against the machine, eliminating the need… Read More

Public Market Pricing for Frontier AI Including SpaceX, Anthropic, OpenAI Analyzed in New Report

PitchBook’s Q2 2026 research examines the imminent arrival of public market pricing for frontier AI, using SpaceX’s recent listing as the sector’s first live comparable. The analysis from PitchBook now centers on Anthropic and OpenAI as they approach potential IPOs, weighing business fundamentals against narrative-driven… Read More

UK’s Lloyds Banking Group and Legal & General Reach £1.5B Milestone in Fund Finance Partnership

Lloyds Banking Group announced on 26 June 2026 that its co-investment partnership with Legal & General (L&G) has surpassed £1.5 billion in total participations since its launch in December 2022. The milestone highlights growing collaboration between traditional banks and large institutional investors to meet rising… Read More

Binance to Limit Crypto Services for EU Users After Withdrawing MiCA License Bid in Greece

Binance, which still remains the world’s largest cryptocurrency exchange by trading volume, has informed customers across multiple European Union countries that it will restrict operations starting July 1, 2026. The move follows Binance’s decision to withdraw its application for authorization under the EU’s Markets in… Read More

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