May 4, 2025 @ 9:07 pm By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin USDT by market cap and overall transaction volume / adoption, has made strides in the first quarter of 2025, reinforcing its role in the increasingly competitive cryptocurrency market while also expanding its role into traditional finance, sustainable… Read More

May 4, 2025 @ 9:03 pm By Omar Faridi  |  

Digital bank Revolut has reportedly turned down investor interest that would have valued the company at approximately $65 billion, according to sources familiar with the matter cited by Axios. This latest decision comes on the heels of a 2024 secondary share sale that pegged the… Read More

May 4, 2025 @ 8:57 pm By Omar Faridi  |  

Trading and investing platform eToro is reportedly gearing up for its highly anticipated initial public offering (IPO) in the United States, potentially as early as next week. According to a Bloomberg report, the company’s debut comes as market volatility, spurred by President Trump’s tariff policies,… Read More

May 4, 2025 @ 8:55 pm By Omar Faridi  |  

Selected members of the ERC3643 association, together with Tokeny, LayerZero, Fasanara Capital, and ABN AMRO, have launched a cross-chain Delivery-vs-Payment (DvP) solution for “regulated” tokenized assets. The solution reportedly enables atomic settlement “between ERC-3643-based security tokens and cash-equivalent tokens across the Polygon and Base networks.”… Read More

May 4, 2025 @ 8:54 pm By Omar Faridi  |  

Global Fintech Adyen (ADYEN:AMS) has recently announced an expanded partnership with Vietnam Airlines and the release of its Q1 2025 business update. Recently, Adyen revealed an enhanced collaboration with Vietnam Airlines, Vietnam’s flag carrier and a member of the Skyteam Alliance. This partnership, which began… Read More

May 4, 2025 @ 8:53 pm By Michael Wong  |  

Saudi Arabian fintech startup Nqoodlet has raised $3 million in a seed funding round led by Waad Investment, with participation from Omantel, 500 Sanabil, Oqal, Seed Holding Company, and several strategic angel investors, the company said in a statement. The funding will be used to… Read More

May 4, 2025 @ 8:52 pm By Omar Faridi  |  

Alpaca, a “developer-first” API brokerage platform, is focused in enhancing the ecosystem of financial services with various product offerings, strategic partnerships, and a new funding round. These developments underscore Alpaca’s mission to democratize access to financial markets globally, enabling businesses and retail investors. From launching… Read More

May 4, 2025 @ 7:57 pm By Omar Faridi  |  

Relai is pleased announce the launch of a new feature: Bitcoin-backed loans. Also known as Lombard loans, this financial instrument enables Bitcoin holders to “spend CHF or EUR” without having to sell their Bitcoin (BTC). In partnership with Sygnum Bank— a Swiss digital assets bank… Read More

May 4, 2025 @ 7:55 pm By Omar Faridi  |  

Apple (NASDAQ:AAPL) has reportedly updated its App Store guidelines, loosening restrictions on iOS apps that facilitate crypto and NFT transactions. This change comes in response to a U.S. District Court ruling in the ongoing antitrust case brought by Epic Games, marking a pivotal moment for digital… Read More

May 4, 2025 @ 7:53 pm By Omar Faridi  |  

Enterprise blockchain firm Ripple, the payments Fintech behind XRP and the newly launched RLUSD stablecoin, recently tabled a $4 billion to $5 billion offer to acquire Circle, the issuer of the world’s second-largest stablecoin, USDC, according to Bloomberg. The bid, however, was swiftly rebuffed by… Read More

May 4, 2025 @ 7:50 pm By Omar Faridi  |  

Sui continues to lay the foundation for the Bitcoin DeFi ecosystem in crypto. The Layer 1 network will support sBTC in the coming months, which is the one-to-one “bitcoin-backed asset” from Stacks, a Bitcoin L2 network. This integration will enable holders to deploy their BTC… Read More

May 4, 2025 @ 7:15 pm By Michael Wong  |  

Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, a measure that would have allowed the state’s retirement fund to invest in virtual currencies such as Bitcoin. The veto effectively halts a legislative effort that could have made Arizona the first U.S. state to hold… Read More

May 4, 2025 @ 12:10 pm By Omar Faridi  |  

Circle has announced the integration of native USD Coin (USDC) and the Cross-Chain Transfer Protocol (CCTP) V2 into World Chain, a blockchain claiming to be focused on human-centric financial ecosystems. This update aims to enhance access to the world’s largest “regulated” digital dollar while enabling… Read More

May 3, 2025 @ 5:32 pm By Omar Faridi  |  

On April 28, 2025, Payments Canada implemented significant updates to the rules governing the Automated Clearing and Settlement System (ACSS), a critical infrastructure for processing electronic payments in Canada. These changes, aimed at enhancing clarity, aligning with current practices, and supporting ongoing modernization efforts, mark… Read More

May 3, 2025 @ 3:09 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) announced financial results for the first quarter of 2025, which ended March 31, 2025. Vlad Tenev, Chair and CEO of Robinhood said: “This quarter, we significantly accelerated product innovation across our key initiatives, highlighted by the announcement of Robinhood Strategies,… Read More

May 3, 2025 @ 2:08 pm By Omar Faridi  |  

In its Global Markets Snapshot, PitchBook has examined the private and public market landscape, offering insights for investors navigating a complex economic environment. The report highlights key trends in venture capital (VC), private equity (PE), and mergers and acquisitions (M&A), while addressing the impact of… Read More

May 3, 2025 @ 1:02 pm By Tony Zerucha  |  

Runa, a global fintech infrastructure for payouts, has released new payments research that provides businesses with data-driven insights into how to retain and engage gig workers, freelancers, direct sellers, and other independent workers. With workplace engagement continuing to plummet, more than one-third of the U.S. workforce… Read More

May 3, 2025 @ 12:33 pm By Omar Faridi  |  

PeerBerry is reporting more than €3 billion in total funded loans and over 100 000 in total users. In April, PeerBerry reached a significant milestone of €3 billion in total funded loans via their online investment platform. The total number of platform users has now… Read More

May 3, 2025 @ 12:01 pm By Tony Zerucha  |  

Qenta, a global payments company, this week announced the acquisition of Pipit Global, a B2B cross-border payments platform operating in more than 45 countries. Pipit adds an international compliant network of more than one million pay-in points and integrations with mobile money systems across Africa,… Read More

May 3, 2025 @ 11:03 am By Omar Faridi  |  

We recently connected with Alice Li, the Head of North America of Foresight Ventures, a crypto VC that bridges East and West. With a research-driven approach and offices in the US and Singapore, they claim to be a key player focused on crypto investment and incubation. During our… Read More