June 13, 2025 @ 12:08 pm By Omar Faridi  |  

Ripple, the provider of digital asset infrastructure for financial institutions, and Circle, a global financial technology firm and issuer of USDC, announced a partnership bringing USDC to the XRP Ledger (XRPL). The XRPL is a decentralized, layer-1 blockchain “developed for the efficient tokenization and exchange… Read More

June 13, 2025 @ 11:48 am By Omar Faridi  |  

Copper, a key player focused on digital asset custody, collateral management, and prime services, is pleased to announce a strategic partnership with Yuma, a validator with siloed architecture designed for institutional participation, to offer institutional investors staking services with robust digital asset protection. Through the… Read More

June 13, 2025 @ 11:19 am By Omar Faridi  |  

The latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global, pointed to a further reduction in UK recruitment activity in May. Permanent placements fell at a “slightly sharper rate, but the decline in temp billings was the slowest in six months.”… Read More

June 13, 2025 @ 11:12 am By Omar Faridi  |  

DICK’S Sporting Goods (NYSE: DKS), a U.S. based full-line omni-channel sporting goods retailer, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced an extension of their partnership, which originally began in 2020. Eligible DICK’S and Golf Galaxy shoppers… Read More

June 13, 2025 @ 10:45 am By JD Alois  |  

Chairman of the Securities and Exchange Commission (SEC) Paul Atkins is moving to establish leadership at the Commission to help him effectuate his policy goals. Today, the SEC announced several new leadership additions. This includes the Director of the Division of Investment Management and the… Read More

June 13, 2025 @ 10:25 am By JD Alois  |  

European Fintech Recharge says total sales increased by 39% to €695 million in 2024. This drove top-line revenue to increase by 32% to €73.6 million. The company reports that EBITDA has doubled to €8.1 million, and net profit has reached €7.5 million. Günther Vogelpoel, CEO… Read More

June 13, 2025 @ 9:15 am By JD Alois  |  

While the IPO market appears to be waking from a long slumber with IPOs increasing by 55% versus Q1 2024, interest in private markets continues to grow. The obtuse rule upon regulation approach by policymakers for public markets has had its unintended but obvious effect… Read More

June 13, 2025 @ 8:11 am By Omar Faridi  |  

The world’s largest economies will need to spend around $64 trillion on physical infrastructure by 20502 if they want to keep the lights on and the wheels turning, new modelling from Aberdeen Investments, the specialist asset manager, suggests. This is equivalent to “1.7% of global… Read More

June 13, 2025 @ 8:09 am By Omar Faridi  |  

Over the past few years, the crypto market has moved from a primarily onchain market to a “ubiquitous” asset class, according to a new research report. In March of this year, President Donald Trump signed an executive order to create a working group charged “with… Read More

June 13, 2025 @ 5:11 am By Omar Faridi  |  

PhonePe Limited announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based payments for feature phones. GSPay is a mobile application built “on top of NPCI’s UPI payment solution for feature phones (UPI 123PAY).” PhonePe plans to customize and… Read More

June 12, 2025 @ 7:14 pm By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a profound transformation, driven by rapid technological advancements and shifting consumer behaviors. According to recent analyses from Payments Canada, the rise of e-commerce and digital payments is reshaping how Canadians transact, while the growing sophistication of fraud demands innovative defenses…. Read More

June 12, 2025 @ 6:06 pm By Omar Faridi  |  

Addepar notes that in the fast-evolving wealth management industry, handling alternative investments like private equity, venture capital, and real estate funds presents unique challenges. These assets often come with unstructured data, inconsistent timelines, and complex reporting requirements, creating inefficiencies for back-office teams and advisors. Addepar,… Read More

June 12, 2025 @ 5:09 pm By JD Alois  |  

Chime (NASDAQ:CHYM) is the most recent Fintech to trade shares on an exchange in an initial public offering (IPO). Chime priced its shares at $27/each. The issuance generated $864 million for the company. Shares traded as high as $44.94 today in the IPO, closing down… Read More

June 12, 2025 @ 4:48 pm By Omar Faridi  |  

The cryptocurrency ecosystem continues to evolve with wallets and decentralized finance (DeFi) protocols driving innovation and adoption. Recent reports from Dune Analytics provide a comprehensive look at these trends, highlighting the rise of wallet infrastructure, smart accounts, and cross-chain DeFi activity. These reports underscore the… Read More

June 12, 2025 @ 4:44 pm By Omar Faridi  |  

As the cryptocurrency market matures, institutional and retail traders are seeking advanced tools, robust infrastructure, and regulatory clarity to execute sophisticated strategies. Coinbase (NASDAQ:COIN) is meeting these demands with significant updates to its Coinbase Prime and Coinbase Futures offerings. Recent updates highlight how Coinbase is… Read More

June 12, 2025 @ 4:38 pm By Omar Faridi  |  

Financial infrastructure Fintech Stripe announced its acquisition of Privy, a crypto wallet infrastructure startup, marking a significant step in its expansion into the digital asset space. This move, following Stripe’s $1.1 billion acquisition of stablecoin platform Bridge earlier in 2025, underscores the company’s commitment to… Read More

June 12, 2025 @ 4:38 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) announced plans to make the PayPal USD (PYUSD) stablecoin available on the Stellar network pending regulatory approval by the New York State Department of Financial Services (NYDFS). Stellar is a blockchain designed for “fast, low-cost payments and real-world utility.” By potentially expanding… Read More

June 12, 2025 @ 4:36 pm By Omar Faridi  |  

World Network continues to make significant strides in its mission to create a globally inclusive digital identity and financial ecosystem. Recent developments, including its launch in the United Kingdom, integration of Circle’s USDC and Cross-Chain Transfer Protocol (CCTP) V2, and advancements in privacy-preserving data practices,… Read More

June 12, 2025 @ 12:17 pm By Omar Faridi  |  

The global economy stands at a crossroads, with mounting challenges like trade tensions, policy uncertainty, and rising public debt reshaping the financial landscape. Key updates from the International Monetary Fund (IMF) highlight critical strategies for navigating these turbulent times: fostering a united Europe to bolster… Read More

June 12, 2025 @ 11:07 am By Omar Faridi  |  

PostFinance, a key part of Switzerland’s financial ecosystem and a subsidiary of Swiss Post, is navigating a turbulent business / economic environment as it implements significant organizational changes to secure its competitive edge. In recent announcements, the financial institution revealed plans to reduce its workforce… Read More