JD Alois

Helius Closes $500 Million PIPE

Helius Medical Technologies (Nasdaq: HSDT) has closed on a $500 million PIPE as it pursues a Solana (SOL) Treasury Strategy. Solana is a high-performance blockchain that some predict will become the one blockchain to rule them all when it comes to institutional and financial services… Read More

Stablecoins: US Department of Treasury Seeks Public Comment on the Genius Act

The US Department of the Treasury is seeking public feedback on the implementation of the GENIUS Act, the legislation that legalized the issuance and usage of payment stablecoins. The Advance Notice of Proposed Rulemaking or ANPRM aims to garner insight into the new sector of… Read More

Kraken, Circle Partner on Stablecoins

Stablecoin issuer Circle (NYSE:CRCL) and crypto exchange Kraken have announced a partnership that is said to deepen their support for USDC and “expand access to a powerful suite of stablecoin infrastructure.” The agreement is said to provide users with access to increased liquidity, reduced conversion… Read More

Shares of Crypto Exchange Bullish Jump After BitLicense Approval

Bullish (NASDAQ:BLSH), a crypto exchange, saw its shares jump following the news it had received approval in New York for a BitLicense and Money Transmission License by the New York State Department of Financial Services (NYDFS).. While based in the US, Bullish has yet to provide services… Read More

European Digital Finance Association Issues Statement on Lost Opportunity for Crowdfunding Under ECSPR

ECSPR or European Crowdfunding Service Provider regulations were enacted by the European Union in 2021. The complete application took a few years (2023), but today, under the rules, a securities crowdfunding platform may raise up to €5 million (~ $5.89 million) from investors across the… Read More

Fairmint CEO Comments on Nasdaq Plan for Tokenized Securities: A key moment in the evolution of equity markets

Recently, Nasdaq (NASDAQ:NDAQ) filed a document with the Securities and Exchange Commission indicating its intent to enter the age of tokenized, or digital securities. While insiders have long anticipated this inevitable evolution of securities markets, the fact that one of the largest securities exchanges in the… Read More

SEC to No Longer Stay Effectiveness of Registration Statement Once Securities Sold, Impacts Reg A

The Securities and Exchange Commission (SEC) made some rule changes today, and one of them will impact Regulation A (Reg A), a securities exemption utilized for online capital formation. Reg A requires an offering to be qualified by the SEC before commencing a funding round…. Read More

Cato Institute Fellow Says Not Rate Cut Needed, May Need a Rate Increase

Taking the other side of the rate cut discussion, Cato Institute Research Fellow Jai Kedia, believes no rate cut is necessary and there is a risk of greater inflation, which could necessitate a rate increase. “The Fed cut its target for the federal funds rate… Read More

Legal Loans Platform: LawFi Partners with Cordell & Cordell

Gavel Court Legal Trial Law rawpixel unsplash

LawFi, a funding platform for legal loans, says it has formed a partnership with Cordell & Cordell – a large family law firm with 200+ attorneys. LawFi operates a lending platform capable of underwriting and funding customized legal fee loans. The platform enables point-of-sale legal… Read More

Fed Cuts Interest Rates by 25 BPS, More Cuts on the Way

Federal government press conference with flags in background, speaker at podium discussing COVID-19 updates.

As was expected, the US Federal Reserve cut its benchmark rates by 25 basis points, to 4% to 4.25% percent. The FOMC noted that while inflation remains somewhat evelated, economic activity has slowed along with job growth. Voting for the rate cut were Chairman Jerome… Read More

50 or 25 BPS: Today is the Day the Fed Lowers Interest Rates

Today, it is widely anticipated that the US Federal Reserve will cut interest rates for the first time since December 2024, when the FOMC decided to cut rates by 25 basis points. The bigger question is how much the Fed will cut and expectations for… Read More

SEC: Commission to Meet to Discuss Reg A, More

The SEC has scheduled an open meeting for tomorrow where the members of the Commission will discuss and vote on certain regulatory items. The topics of discussion include: The Commission will consider action relating to the compliance date for the amendments to Form PF that… Read More

Three Fintech IPOs Last Week. How Did They Do?

Last week was a big one for public markets as there were multiple initial public offerings. More importantly, three Fintech IPOs were adding to the growing list of Fintechs that have made it to the public markets. First up was  Klarna (NYSE:KLAR), a European firm best… Read More

The SEC Adds Four New Members to the Investor Advisory Committee

The Securities and Exchange Commission (SEC) says it has added four new members to fill vacancies on its Investor Advisory Committee, joining 16 other current members. The Committee aims to advise the  Commission on issues impacting investors and the regulatory needs of securities markets. SEC… Read More

Digital Asset Treasury Companies Can Generate Higher Returns: Dan Morehead on Creating a SOL Treasury Company with HSDT

Digital Asset Treasury companies, or DATs, have become a growing trend. First, with Bitcoin and this week with SOL, the native crypto of Solana, with the advent of Helius Medical Technologies (Nasdaq: HSDT) becoming a SOL DAT. In a letter, Dan Morehead, the founder and Managing Partner of… Read More

Helius Medical Technologies Pops Following Solana Treasury News

Helius Medical Technologies (NASDAQ:HSDT) saw its shares more than double yesterday following the news that the firm will become a Solana treasury company. Shares of Helius were around $8 earlier this week. Helius closed at $18.27 last night with the company poised to inch higher… Read More

Tether, Anchorage to Partner on Stablecoins

Tether will partner with Anchorage Digital to issue USA₮, a dollar-based stablecoin. Tether is already the largest issuer of a dollar-based stablecoin, but by piggybacking on Anchorage, it will gain a compliant path to offering digital dollars. Anchorage Digital is the only federally chartered digital… Read More

Massachusetts Sues Kalshi for Illegal Betting, Robinhood Backs Up Kalshi

The state of Massachusetts filed a lawsuit against prediction market Kalshi last week, alleging the platform was conducting illegal sports betting. Massachusetts Attorney General Andrea Joy Campbell stated that sports wagering comes with significant risk and must be strictly regulated by the state to mitigate… Read More

Pantera Launches SOL Treasury Company, Pursues PIPE, Republic Digital Invests

Crowdfund insider conference speaker discussing investment strategies on stage at a fintech event.

Pantera Capital has partnered with Summer Capital to create a SOL treasury company. The plan was originally revealed last month. SOL is the native digital asset of Solana. According to a public release, Helius Medical Technologies, Inc. (Nasdaq: HSDT) has priced an oversubscribed private investment… Read More

US Fintech Rippling Approved as Electronic Money Institution in the UK

US-based Fintech Rippling has been approved by the UK Financial Conduct Authority to provide services under an electronic money institution (EMI) license. The approval allows various financial services, including the possibility of offering certain bank-like services. Rippling is a platform that offers HR, IT, spend… Read More

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