July 23, 2024 @ 10:28 pm By Omar Faridi  |  

Circle reveals that CCTP, a permissionless protocol, has moved over $10 billion in the stablecoin USDC between blockchains since May of last year. As reported previously, the Cross-Chain Transfer Protocol (CCTP) continues to grow and “power an ever-expanding network of apps, bridges, wallets, exchanges, and… Read More

July 23, 2024 @ 10:26 pm By Omar Faridi  |  

Westpac is launching Dynamic Virtual Cards for institutional, corporate and government customers, enabling fast and secure ‘tap and go’ payments, giving them greater control. Westpac’s Dynamic Virtual Card can be “used online as well as in-store via digital wallet tap and go transactions.” Jeff Byrne,… Read More

July 23, 2024 @ 4:02 pm By JD Alois  |  

Globacap CEO and founder Myles Milston has issued a statement hammering London’s smaller cap exchange, AIM [Alternative Investment Market]. AIM was set up to assist smaller firms in listing shares. Recently, the UK Financial Conduct Authority (FCA) posted new rules designed to boost public listings in the… Read More

July 23, 2024 @ 3:16 pm By JD Alois  |  

Plum, a “smart money app,” has raised £16 million in Series B funding, according to a note from the company. Pum said the capital infusion follows a period of solid growth. Assets under management have topped £1 billion, tripling in the past 12 months. Plum… Read More

July 23, 2024 @ 1:34 pm By JD Alois  |  

NuFund Venture Group, an angel investing group that supports early stage ventures, says it has invested $5.6 million in its 2023 Annual Fund. The angel group reports 350 investor members who backed 17 early stage firms. NuFund says its “Venture Group” fund model, combines the… Read More

July 23, 2024 @ 1:10 pm By JD Alois  |  

The stablecoin market, which involves digital assets tied to another asset, such as fiat currency, has surpassed $160 billion in value. The market is led by Tether (USDT), which hoovers up much of the market at over $114 billion. USDC, issued by Circle is in… Read More

July 23, 2024 @ 11:31 am By JD Alois  |  

Birchal, the leading investment crowdfunding platform (crowd-sourced funding) in Australia has published its half year report reviewing industry activity. According to the platform, investment crowdfunding is displaying “sustained stability” and growth in platform activity. Birchal shares in its Crowd-Sourced Funding (CSF) FY24 Industry Report ‘Funded’… Read More

July 23, 2024 @ 10:55 am By Omar Faridi  |  

ThetaRay are pleased to announce that Shift4 has joined ThetaRay’s trust network. ThetaRay notes that Shift4 is a key player focused on commerce-enabling tech, “powering billions of transactions annually for hundreds of thousands of businesses in every industry, including point-to-point encryption, tokenization, EMV technology and… Read More

July 23, 2024 @ 9:31 am By Omar Faridi  |  

TaxBit and TAINA Technology, two industry participants focused on tax compliance solutions, have announced a partnership to deliver a comprehensive end-to-end tax reporting solution for the digital economy. This collaboration aims to assist U.S. and non-US digital marketplaces with their comprehensive onboarding and reporting needs… Read More

July 23, 2024 @ 8:59 am By Omar Faridi  |  

PensionBee Group plc announces the launch of its business in the United States, the world’s largest Defined Contribution pension market, “representing approximately 80% of the global total and $22.5 trillion in assets.” The company’s wholly-owned US subsidiary, PensionBee Inc, is “now registered with the US… Read More

July 23, 2024 @ 8:57 am By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent, adviser platform groups, has announced Laura Papp and Helen Wallace-Smith have joined into two newly created platform director roles. Both will report to Nucleus Chief Operating Officer (COO), Steve Knight. As Nucleus continues to prepare for the… Read More

July 23, 2024 @ 8:56 am By Omar Faridi  |  

Bitstamp is presenting the latest insights from their June 2024 Lending Performance Report for Bitstamp Earn Lending. Whether you’re new to crypto lending or a seasoned expert, this update from Bitstamp reportedly offers valuable information “on the current lending landscape.” In collaboration with Tesseract, Bitstamp… Read More

July 23, 2024 @ 8:55 am By Omar Faridi  |  

AMF and Banque de France call for a well-anticipated move to T+1 Settlement Cycle. The Autorité des Marchés Financiers (AMF) and the Banque de France specifically call for a well-coordinated and efficient transition “to a T+1 settlement cycle for transactions on securities across the EU.”… Read More

July 23, 2024 @ 8:52 am By Omar Faridi  |  

Ledger is pleased to announce the latest evolution in our partnership with Best Buy. Ledger customers now have the option “to buy a Ledger device online on Ledger.com and pick it up the same day in Best Buy stores across the US.” As a staple… Read More

July 23, 2024 @ 5:37 am By Omar Faridi  |  

Global Relay, the provider of communications compliance solutions for regulated industries, announces its integration between OpenAI’s ChatGPT Enterprise Compliance API and Global Relay’s financial compliance platform. The new compliance capabilities launched by OpenAI in conjunction “with Global Relay’s platform will help customers use OpenAI’s Enterprise… Read More

July 22, 2024 @ 4:54 pm By JD Alois  |  

Online real estate investment platform Waltz Inc. has launched to provide foreign investors with a way to invest in and purchase residential real estate in the US. The online investment platform is said to be available in the following statements: Alabama, Florida, Georgia, Maryland, Mississippi, North Carolina,… Read More

July 22, 2024 @ 4:31 pm By Omar Faridi  |  

Airwallex, the Australia-founded financial platform for modern businesses, has reportedly become the first major payments company to be granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investment Commission (ASIC) to offer businesses access to retail investment products. This is an additional… Read More

July 22, 2024 @ 4:23 pm By Omar Faridi  |  

Exodus and Syrup have revealed a new partnership. Users of the Exodus wallet can now access Syrup and “earn 18% net APY on USDC as well as ‘double Drips’ on their deposit, boosting SYRUP token rewards.” Exodus’ multi-chain desktop and mobile wallet “enables secure peer-to-peer… Read More

July 22, 2024 @ 12:52 pm By Omar Faridi  |  

Fireblocks Off Exchange enables businesses across the world to trade on centralized exchanges without introducing counterparty risk. Today, they’re sharing that Bybit is the newest exchange to integrate with Off Exchange. Bybit, a crypto exchange, joins Deribit, with further integrations to follow. These include BIT,… Read More

July 22, 2024 @ 12:23 pm By Omar Faridi  |  

Netcapital (Nasdaq: NCPL, NCPLW), a digital private capital markets enabler that operates a Funding Portal, has announced the launch of its beta version for a secondary trading platform to a closed group of users. Through a previously announced trading relationship with Templum Markets – a company… Read More