Galaxy Digital Shares Jump on AI Data Center

Galaxy Digital (NASDAQ: GLXY) is building a huge data center in Texas, according to CEO Michael Novogratz. The news drove Galaxy shares dramatically higher yesterday by over 20%. The company’s market cap is around $12 billion, with some pegging the data center’s value at around… Read More

Experian, Snapchat Pilot Brings Financial Education to Social Media

An integration between Experian and Snapchat’s AI Sponsored Snaps ad offering, currently in alpha, is the latest example of companies using social media to improve financial literacy. Debbie Hsu, executive vice president of product for Experian Consumer Services, said the initiative allows a trusted brand… Read More

Kraken Parent Payward Joins US Tech Force Initiative to Advance Crypto Security and Blockchain in Federal Tech Upgrades 

Payward, the parent company of the cryptocurrency exchange and digital investment platform Kraken, has announced its participation in the US Tech Force, a key federal program designed to attract elite technology professionals to address critical government challenges. The initiative, managed by the US Office of… Read More

MetaMask Introduces Agent Wallet, Enabling AI Agents with Autonomous DeFi Access 

MetaMask, the self-custodial cryptocurrency wallet developed by Consensys, has introduced a product called the MetaMask Agent Wallet. Announced on June 8, 2026, this innovation marks the first fully user-controlled wallet designed specifically for AI agents, enabling them to navigate decentralized finance (DeFi) independently while prioritizing… Read More

APAC Firms Rush AI investments Despite Weak ROI Tracking, IDC Survey Says

A recent study conducted by IDC found that companies in Asia Pacific are investing in artificial intelligence (AI) more aggressively than their global peers. The study, commissioned by managed network services provider Expereo, however, saw that many are doing so with little evaluation of returns… Read More

Panthera Growth Partners Invests $30m in Indian AI Firm Innefu Labs

Singapore-based growth equity firm Panthera Growth Partners has invested $30 million in Innefu Labs, an Indian artificial intelligence (AI) company focused on national and cyber security, as the company scales its sovereign AI platforms and prepares for an initial public offering. The capital injection, completed… Read More

Hong Kong Regulators to Standardise OTC Derivatives Clearing Calculation Periods

Hong Kong’s central bank and securities regulator said they will proceed with proposed amendments to clearing rules for over-the-counter derivative transactions, after a joint consultation received broad market support. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued consultation conclusions… Read More

Deel Leverages Fintech Stripe’s Stablecoin Stack to Make Digital Payments to Contractors

Global HR focused firm Deel has launched a stablecoin-based wallet that allows independent contractors to receive, hold, grow, and spend earnings in a US dollar-based stablecoin. This Deel product update, enabled by financial technology infrastructure from Stripe and its ecosystem partners, addresses various challenges faced… Read More

Quant Markets in Asia Being Transformed by Investor Repositioning : Research

Bank of America (NYSE: BAC) believes there is a significant ongoing evolution is taking place in Asia’s quantitative finance sector, enabled by growing interest from more active capital allocators, surging regional trading activity, and accelerated technology integration. Insights from Bank of America Securities’ recent gathering… Read More

European Leveraged Loan Market Makes Solid Recovery in May 2026

PitchBook has indicated that the European leveraged loan sector staged a solid recovery in May, largely offsetting earlier losses from 2026 amid geopolitical tensions in the Middle East and a sharp pullback in AI-related credits. According to PitchBook data, the Morningstar European Leveraged Loan Index… Read More




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France’s AMF Calls on Financial Industry to Strengthen AI focused Cybersecurity Measures

France’s Autorité des Marchés Financiers (AMF) has called on regulated market participants to reinforce their cybersecurity frameworks. The regulator highlighted the transformative impact of artificial intelligence on both defensive and offensive cyber capabilities, emphasizing the need for proactive adaptation in its latest announcement. Operational resilience,… Read More

Coinbase Faces Significant Challenges as Crypto Bear Market Negatively Impacts Spot Trading Volumes

Financial analysts at Baird have adopted a somewhat cautious stance toward Coinbase (NASDAQ:COIN), highlighting serious potential challenges in the company’s upcoming quarterly performance. Baird has flagged risks of a revenue shortfall for the second quarter, attributing it primarily to softening trading activity amid broader market… Read More

Singapore’s DayOne Data Centers Closes $4.5b Series C Equity Financing

Singapore-headquartered DayOne Data Centers said it has announced the final closing of its Series C equity financing with total gross proceeds of $4.5 billion, as the global digital infrastructure platform moves to accelerate expansion across Asia Pacific and Europe. The Series C round was led… Read More

Global Pension Funds Shift Away from Debt Due to Falling Yields, Transforming Capital Markets 

The Bank for International Settlements (BIS) has indicated that global pension funds now rank among the world’s largest institutional investors, playing a vital role in government and corporate bond markets. A recent BIS paper reveals various changes in their portfolio strategies over recent decades, with… Read More

Scotiabank Bank Acquires Maple Financial, Takes Control of MapleMark Bank

Toronto-based Scotiabank has agreed to acquire Maple Financial Holdings, the parent company of US commercial lender MapleMark Bank, for an undisclosed amount. The acquisition comes as Scotiabank aims to strengthen its global banking and markets business and expand its deposit capabilities in the US, according… Read More

ETH Must Become Global Store of Value for Ethereum to Succeed According to Crypto Industry Professional

Ethereum (ETH) price has crashed to below $1,600 (at the time of writing) and crypto industry professionals are now offering some perspective on where they think the digital assets market will go from here, and how it may perform in the foreseeable future. Bankless co-founder… Read More

SMS Messages and Fraud: Scam Text Messages are Increasingly Frequent and Sophisticated. This is What Needs to be Done

There is a reason your bank texts you a fraud alert instead of emailing it. People open text messages. Almost all of them, almost immediately. SMS open rates run as high as 98%, and roughly 90% of messages are read within three minutes of delivery…. Read More

Bank of England and FCA Strengthen Oversight of Financial Market Infrastructures via Updated Cooperation Framework

The Bank of England (BoE) and the Financial Conduct Authority (FCA) have reaffirmed their commitment to coordinated supervision of the UK’s financial market infrastructures (FMIs). A joint statement released on 5 June 2026 highlights the effectiveness of their Memorandum of Understanding (MoU), which serves as the… Read More

SpaceX IPO Prioritizes Greater Retail Investor Access

Elon Musk’s SpaceX is now widely expected to make history with what could become the largest initial public offering ever, and it is taking an unconventional approach by reserving a substantial portion of shares for everyday investors. Reports now indicate the tech-focused company plans to… Read More

Bank of America to Roll Out Cross-Border Real-Time Payments Service Next Quarter

The next battleground in global payments may be the small, frequent transfers that move across borders every day: from gig-worker payouts to marketplace vendor payments and remittances. Bank of America plans to launch a cross-border real-time payments solution next quarter, allowing corporate, commercial and financial… Read More

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