Singapore Gulf Bank looks to sell equity stakes to fund product expansion and a 2025 stablecoin payments acquisition.
Banks news
Retail users in Hong Kong can now buy Ether and Bitcoin through Hong Kong’s largest virtual bank, however, they need an account and to undergo a risk assessment first.
The Drex phase two pilot leverages Chainlink’s CCIP and Microsoft’s cloud infrastructure to innovate trade finance automation.
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments.
A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations.
Fireblocks extends its services with the tokenization of tax refunds through NongHyup Bank.
As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts.
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.
Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise.
Libeara and FundBridge Capital bring US Treasury investments onchain with the Ultra Fund, boosting blockchain finance.