May 6, 2025 @ 9:03 am By Tony Zerucha  |  

MAG, a real estate developer in the United Arab Emirates, has signed a $3 billion tokenization agreement with MultiBank Group, a financial derivatives institution based in Dubai, and Mavryk, a blockchain firm, marking what the parties claim is the largest real-world asset tokenization initiative globally… Read More

May 6, 2025 @ 7:43 am By Omar Faridi  |  

The artificial intelligence (AI) sector is experiencing an unprecedented boom, as detailed in a recent CB Insights report analyzing Q1’25 trends. The research report noted that AI funding surged to a record $66.6 billion, a 51% increase quarter-over-quarter (QoQ), driven by massive investments in infrastructure… Read More

May 6, 2025 @ 7:41 am By Omar Faridi  |  

As of April 2025, governments worldwide hold 463,741 BTC, roughly 2.3% of Bitcoin’s total supply, valued at approximately $42.9 billion, according to CoinGecko’s research. This figure reflects a decline from 529,591 BTC in July 2024, underscoring the dynamic nature of government involvement in cryptocurrencies. Meanwhile,… Read More

May 6, 2025 @ 7:37 am By Omar Faridi  |  

Hercle, a European digital asset liquidity provider, announced its integration with Talos, the provider of institutional trading and portfolio technology for digital assets. This integration brings Hercle’s institutional-grade liquidity and advanced settlement capabilities to the Talos Provider Network, “enhancing execution opportunities for institutions trading digital… Read More

May 6, 2025 @ 7:36 am By Tony Zerucha  |  

Last week, Visa used its Global Product Drop to highlight how it is using AI to improve the consumer shopping experience. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and… Read More

May 5, 2025 @ 5:38 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has thrown out another lawsuit targeting a digital asset firm. According to a release, Dragonchain and founder John Joseph Roets are now off the hook from civil litigation. In 2022, the SEC charged Dragonchain with raising $16.5 million in an “unregistered… Read More

May 5, 2025 @ 5:20 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has announced that it has put staff on leave pending an investigation into unnamed transgressions. Last month, the  Acting CFTC Chairman, Caroline Pham, issued a statement on the CFTC Office of Inspector General (OIG) Investigation into Allegations of Telework Violations… Read More

May 5, 2025 @ 5:05 pm By JD Alois  |  

Republic Digital Acquisition Company (Nasdaq:RDAGU) raised $300 million in an initial public offering (IPO) last week at $10 per share. The SPAC deal was initially reported to have raised $264 million. However, after the float was completed and the underwriters’ allotments were filled, the sale… Read More

May 5, 2025 @ 4:55 pm By Tony Zerucha  |  

This past week, Instacart (NASDAQ: CART) acquired Wynshop, a provider of e-commerce solutions for leading grocers and retailers. By bringing together both organizations’ expertise and deep retailer relationships, Instacart aims to strengthen its enterprise solutions and empower more retailers to enhance their online experiences and further… Read More

May 5, 2025 @ 4:40 pm By JD Alois  |  

The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence and the House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development will hold a joint hearing to discuss the future of digital assets. Tomorrow (May 6, 2025), the two Subcommittees… Read More

May 5, 2025 @ 3:01 pm By Tony Zerucha  |  

Crystal Intelligence, a provider of blockchain analytics and risk monitoring, is acquiring Scam Alert, a publicly accessible platform for crypto scam reporting and detection initially created by Whale Alert. Crypto fraud has reached unprecedented levels, and victims are often left isolated, unsupported, and unaware that they… Read More

May 5, 2025 @ 3:00 pm By Tony Zerucha  |  

Brex’s recently published The CFO Imperative – How Finance Leaders Are Staying Ahead In a Volatile World provides a concise roadmap for finance executives navigating a business environment that has dramatically changed over the past four months. More than 500 finance executives were polled in… Read More

May 5, 2025 @ 2:58 pm By Tony Zerucha  |  

Rain, a global card issuing platform built for stablecoins, has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC The company provides backend infrastructure – APIs, compliance layers and… Read More

May 5, 2025 @ 12:33 pm By JD Alois  |  

Tomorrow (May 6, 2025), the Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC) will meet to discuss the Regulation A, or Reg A+, securities exemption. Reg A existed before the JOBS Act of 2012, but few issuers utilized the exemption. Following… Read More

May 5, 2025 @ 12:18 pm By Tony Zerucha  |  

According to the JD Power 2025 U.S. Direct Banking Satisfaction Study, overall customer satisfaction with direct bank checking accounts is 692 (on a 1,000-point scale), which is 24 points higher than the average regional bank and 35 points higher than national banks. Savings account satisfaction… Read More

May 5, 2025 @ 12:02 pm By JD Alois  |  

Tokenization or digital securities may represent the most significant opportunity for distributed ledger technology and the financial services sector. While largely overshadowed by crypto that exists outside the securities realm, regulated digital assets that represent equity, debt, or another type of investment could be a… Read More

May 5, 2025 @ 11:50 am By Michael Wong  |  

Trek Health, a US-based startup aiming to bring clarity to opaque healthcare payer data, has raised $11 million in a Series A funding round led by Madrona, the company said. Other investors in the round included Accrete Health Partners—the venture arm of Bon Secours Mercy… Read More

May 5, 2025 @ 11:36 am By JD Alois  |  

The Financial Technology Association (FTA) has distributed an update on their policy position alongside Small Business Week. According to the FTA, the following are its top priorities regarding legislation that impacts Fintechs and smaller firms. Help Businesses Start: New businesses must navigate complex compliance and… Read More

May 5, 2025 @ 10:30 am By Omar Faridi  |  

Tokenization is no longer just an emerging digital technology trend. It’s becoming more widely adopted, and its ecosystem is expanding steadily. Many more companies, including Polymath, are now focused on the regulated side of this transformative shift. We sat down with Vincent Kadar, CEO of… Read More

May 5, 2025 @ 9:25 am By Omar Faridi  |  

The European Union’s framework for systemically important payment systems (PSs) and central securities depositories/securities settlement systems (CSDs/SSSs) has been deemed complete and consistent with the Principles for Financial Market Infrastructures (PFMI), according to a recent report by the Committee on Payments and Market Infrastructures (CPMI)… Read More