JD Alois

Angel Studios Returns to Crowdfunding to Raise More Money, Compares Itself to Netflix Before it Went Public

Angel Studios, a values-driven online streaming service, is raising additional funds through an online securities offering. With the sale ending this weekend, Angel Studios reports having topped $47 million in a Reg A offering hosted by Rialto. Investors are purchasing common shares for a minimum… Read More

CoinShares Reports Q2 Earnings

European digital asset firm CoinShares (OTCQX: CNSRF) has reported its Q2 results ending June 30, 2025. Coinshares said it earned a net profit of $32.4 million an improvement compated to Q2 2024 at $31.8 million. “Total comprehensive income” was $33.0 million compared to Q2 2024… Read More

As New York Chases Affluent Out of the State, Tax Revenue Declines

While the state of New York and New York City continue to raise taxes on the wealthy, the amount of revenue declines, according to a report. Of course, this paradigm seems obvious to all, except for politicians who make these decisions, it seems. The Laffer… Read More

Blockchain: US Department of Commerce Puts Economic Data Onchain by Partnering with Chainlink

  The US Department of Commerce has put its macroeconomic data onchain in partnership with Chainlink, according to a public statement. The information from the Bureau of Economic Analysis (BEA) will include Gross Domestic Product (GDP), Personal Consumption Expenditures (CPE) Price Index, and Real Final… Read More

Bitso Expands B2B Business in Peru, Chile

Bitso, a Latin American crypto exchange, has expanded its B2B business, into Peru and Chile, according to a release. Bitso, based in Mexico, said Bitso Business will offer services in those two countries including FXaaS and Pay with Bitso, to enable cross-border and local payments…. Read More

World Federation of Exchanges Lambasts Tokenization, Legal Expert Says Tokenization Can Bring Big Benefits to Investors

The World Federation of Exchanges (WFE) has issued a demand that regulators must crack down on digital assets that “mimic equities.” This references the concept of tokenization or digital securities. These digital assets will eventually replace their analog relative, but it appears legacy exchanges are… Read More

NVIDIA Dips in After Hours Trading Following Quarterly Results

While NVIDIA (NASDAQ:NVDA) reported relatively strong results, shares dipped in after hours trading in advance of the earnings call. NVIDIA topped expectations on both the top and bottom line but fell slightly short in data center revenue. Expectations for the next quarter were solid –… Read More

Stablecoins More Than Doubled in Total Volume Transacted by Bitso Business

Bitso says that stablecoin adoption in institutional payments more than doubled between H2 2024 and H1 2025, with gaming and payment service providers leading growth. Bitso Business, the B2B arm of Bitso, provided the information in a report entitled “Stablecoins Landscape in Latin America.” The report… Read More

Digital Bank Sygnum, Ledn, Close Syndicated Loan backed by Bitcoin

Sygnum, a European digital asset bank, says it has closed a $50 million syndicated loan secured by Bitcoin. The transaction was for Ledn, and a portion of the proceeds is expected to aid the firm’s tokenization services. Sygnum states that the loan is indicative of… Read More

Circle, Finastra to Work Together on Payment Infrastructure

Circle (NYSE: CRCL), a stablecoin issuer, and Finastra have announced a partnership that focuses on payment infrastructure to improve the speed and lower the cost of international transfers. According to a release, Finastra’s Global PAYplus (GPP) customers can connect to Circle’s payment infrastructure for rapid,… Read More

UK Banks Will Invest £1.8 Billion into Artificial Intelligence (AI) by 2030: Zopa Report

Financial services, including Fintechs, are investing in artificial intelligence (AI) at a rapid pace. Consumers and businesses are already benefitting from the new technology, which can automate more services while improving products. For banks, it is not just about saving money; it is about maintaining… Read More

Going Public Founder Responds to Criticism About Funding Service

Going Public is a platform that aims to solve a challenge in the securities crowdfunding sector. Promoting online offerings to potential investors and, hopefully, raising sufficient funds to enable the issuer to execute its mission. Online capital formation has been around for over a decade…. Read More

Republic Invests in Centrifuge, Boosts Tokenization Commitment

Republic Digital, part of Republic, has revealed an investment in Centrifuge, further committing itself to digital assets and tokenization. Republic is the largest online capital formation platform in the world. In recent years, digital assets have played an increasingly significant role as the company expands… Read More

Anchorage Digital Enters VC Business

Digital bank and crypto platform Anchorage Digital is getting into the venture capital business with the launch of Anchorage Digital Ventures. In a blog post, the company stated that it aims to provide early and strategic support to promising protocols. ADV is seeking to support… Read More

Conservative Affiliated Bank, Old Glory Bank, Raises Money Under Reg A Exemption

Old Glory Bank, a conservative affiliated financial institution, is raising growth capital online under the Reg A+ exemption, which opens up the sale of securities to non-accredited investors. Old Glory Bank, based in Oklahoma but offering digital banking services nationwide, is described as “pro-American” and… Read More

Sanctions Recommended Against Envestnet, Yodlee in Legal Battle with FinancialApps

A Special Master appointed by the Delaware District Court has recommended formal sanctions against both Envestnet and Yodlee, as part of a legal battle with FinancialApps LLC. FinancialApps claims trade secret misappropriation. Bain Capital recently acquired Envestnet, and Yodlee was acquired by STG Partners. According to… Read More

Number of UK Bank Branches Drops by 34% Since 2019. Is this a good thing?

Bank branches are quickly becoming a thing of the past. Think floppy disks and fax machines. Consumers manage their financial existence on their smartphones. And they prefer it over queuing up for a teller. At the same time, there remains a segment of the community… Read More

Fed Now Expected to Cut Interest Rates in September Following Chair Powell’s Speech

In a speech delivered at Jackson Hole today, Federal Reserve Chairman Jerome Powell messaged a possible rate cut next month. As data has been contradictory regarding whether inflation was at risk of rising or unemployment heading lower, expectations for a rate cut in September have… Read More

Judge Selected to Run the SEC Division of Enforcement

The Securities and Exchange Commission (SEC) has selected Judge Margaret “Meg” Ryan to become the new Director of the Division of Enforcement. This Division is the largest at the SEC and in many ways the most public aspect of the regulator. SEC Chairman Paul Atkins… Read More

Open Banking Update: FTA Comments on CFPB Revisiting Rules

The Consumer Financial Protection Bureau (CFPB) is seeking feedback on reopened rulemaking under Section 1033 of the Dodd-Frank Act. This has to do with personal financial data generated by a user and who controls this information, and the potential for fees charged by a financial… Read More

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