June 16, 2025 @ 6:01 am By JD Alois  |  

Remittance Fintech LemFi has acquired Pillar. Pillar’s co-founders and Revolut alumni Ashutosh Bhatt and Adam Lewis will join the LemFi team. The terms of the deal were not immediately available. LemFi, founded in 2021, aims to support immigrants. The company reports working with over two… Read More

June 15, 2025 @ 10:31 pm By Omar Faridi  |  

CVC Credit, the €45 billion global credit management business of CVC, has successfully priced Cordatus XXXV, a new €400m Collateralised Loan Obligation (CLO) vehicle and CVC Credit’s fourth new issue CLO of 2025. The vehicle reportedly has a four-and-a-half-year reinvestment period and a one-and-a-half-year non-call… Read More

June 15, 2025 @ 7:12 pm By Michael Wong  |  

Vietnam has passed a sweeping law to regulate digital assets and boost the country’s technology sector, formally legalizing crypto assets and laying the groundwork for strategic investments in artificial intelligence and semiconductors. The Law on Digital Technology Industry, approved by the National Assembly on Saturday,… Read More

June 15, 2025 @ 7:05 pm By JD Alois  |  

GVNR is a protocol that aims to be the cross-chain to connect all things Web3, and the company is raising funds on Republic. According to the offering page, GVNR is offering a “Token Purchase Agreement,” a facility offered to issuers by Republic. The deal is… Read More

June 15, 2025 @ 6:46 pm By Tony Zerucha  |  

Polymath is reaping the rewards from years of careful preparation and forethought. Now, as asset tokenization prepares for takeoff, Vince Kadar’s company is front and center. Its origins date back to 2017-18, when Polymath became the first organization building an app on Ethereum. That app… Read More

June 15, 2025 @ 4:39 pm By Omar Faridi  |  

In a significant step toward integrating cryptocurrency into mainstream commerce, Shopify has announced a partnership with Coinbase and Stripe to enable merchants to accept payments in USD Coin (USDC), a stablecoin pegged to the U.S. dollar. This collaboration aims to provide businesses with a seamless,… Read More

June 15, 2025 @ 4:38 pm By Michael Wong  |  

Global investment firm Carlyle and banking giant Citi have entered into a strategic collaboration to explore asset-backed financing and co-investment opportunities in the fast-growing fintech specialty lending sector. The partnership formalizes a framework for both firms to exchange market intelligence and jointly pursue deals that… Read More

June 15, 2025 @ 4:34 pm By Omar Faridi  |  

To contribute to global efforts to combat cybercrime, Kaspersky has assisted INTERPOL in its latest operation Secure that focused on disrupting infostealer threat and taking down infrastructure hosting such malware. The operation has brought together law enforcement agencies “from 26 participating countries and INTERPOL’s private… Read More

June 15, 2025 @ 4:33 pm By Michael Wong  |  

Wealthbox, a customer relationship management (CRM) software provider for financial advisors, has secured a $200 million strategic majority investment from Sixth Street Growth, the growth investing arm of global investment firm Sixth Street, according to an announcement. The investment aims to accelerate Wealthbox’s expansion across… Read More

June 15, 2025 @ 4:32 pm By Omar Faridi  |  

The recent rejection of an ethics provision in the CLARITY Act by the White House has ignited more controversy over the intersection of politics and cryptocurrency. This decision comes amid growing scrutiny of President Donald Trump’s financial ties to the crypto industry. 🚨 SCOOP: Lawmakers… Read More

June 15, 2025 @ 4:31 pm By Omar Faridi  |  

BlackRock (NYSE: BLK) has unveiled a bold strategy to significantly expand its presence in private markets, targeting $400 billion in fundraising by 2030. This plan, announced during the firm’s recent investor day, reflects BlackRock’s intent to capitalize on the growth of alternative investments, including private… Read More

June 15, 2025 @ 4:29 pm By Omar Faridi  |  

First Eagle Investments is pleased to announce the recent launch of the First Eagle Real Estate Debt Fund (A-2 Shares: FNRLX; A-3 Shares: FIRLX; A-4 Shares: FRRLX; I Shares: FERLX), managed by Napier Park Global Capital, a First Eagle Investments Company. The Fund seeks to… Read More

June 15, 2025 @ 4:26 pm By Omar Faridi  |  

In a significant development tied to the collapse of the cryptocurrency exchange FTX, NBA legend Shaquille O’Neal has reportedly reached a $1.8 million settlement to resolve claims against him for his role in promoting the platform. The settlement, finalized recently, marks a notable contrast to… Read More

June 15, 2025 @ 4:25 pm By Omar Faridi  |  

SmartStream, the financial Transaction Lifecycle Management (TLM) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers “tackle fragmented data challenges, reduce operational costs, and strengthen compliance through… Read More

June 15, 2025 @ 4:24 pm By Omar Faridi  |  

The Depository Trust and Clearing Corporation (DTCC) is exploring the issuance of a stablecoin to enhance the efficiency of digital asset transactions, according to insights from industry sources reported by The Information. This move could significantly reshape how trades are settled across global markets, leveraging… Read More

June 14, 2025 @ 5:11 pm By Michael Wong  |  

SBI Ven Capital has invested €1 million in Colossus Digital as part of a bridge round aimed at accelerating the rollout of the company’s Institutional Hub, an infrastructure platform connecting regulated custodians with leading validators for staking and governance. The investment was made through a… Read More

June 14, 2025 @ 4:21 pm By Michael Wong  |  

Mercurity Fintech Holding Inc, a digital fintech group specializing in blockchain-based financial infrastructure, has unveiled plans to raise $800 million to establish a long-term Bitcoin treasury reserve. The initiative marks a strategic shift toward integrating digital assets into the company’s core balance sheet and treasury… Read More

June 14, 2025 @ 4:20 pm By Omar Faridi  |  

The rise of cryptocurrencies and their deepening integration with traditional financial systems have raised alarm bells at the highest levels of global financial oversight. In a stark warning made in Madrid, Klaas Knot, the outgoing chair of the Financial Stability Board (FSB), cautioned that the… Read More

June 14, 2025 @ 4:19 pm By Omar Faridi  |  

In today’s digital landscape, identity verification (IDV) platforms are under siege from increasingly sophisticated fraud tactics. One of the most alarming threats is the rise of injection attacks, which exploit vulnerabilities in IDV systems to bypass security measures and perpetrate identity fraud. A recent update… Read More

June 14, 2025 @ 4:16 pm By Omar Faridi  |  

In an era where data is both a valuable asset and a regulatory minefield, two recent developments highlight the evolving challenges and opportunities for businesses managing digital communications and archives. SteelEye, a firm specializing in compliance technology, has shed light on critical updates regarding link-sharing… Read More