Could the crypto revolution’s legacy extend beyond democratizing money? Today, it’s paving the way to reinvent private credit. Envision a future where lending to mid-sized businesses or financing infrastructure projects mirrors the efficiency and openness of a decentralized exchange. That’s the aim of tokenization, a blockchain-powered innovation breaking down decades-old barriers in a $1.7 trillion […]

Fidelity Investments is in advanced stages of developing its own stablecoin, the Financial Times reported on Wednesday. The Boston-based financial services giant plans for the token to serve as a form of digital cash, according to the report, which cites two people close to the matter. The token would form part of company’s strategy to […]

Crypto prime broker FalconX has seen the departure of several senior staff recently, according to three people with knowledge of the matter. Among those resigning was Tommy Doyle, FalconX’s European head, according to the sources. The global chief compliance officer, general counsel, and head of credit at FalconX have also resigned, the sources said, who […]

GameStop (GME) has added its name to the quickly-growing roster of publicly-traded companies adopting a bitcoin treasury strategy. Alongside its fourth quarter earnings report, the company said its board unanimously approved adding bitcoin as a treasury reserve asset. CEO Ryan Cohen in early February got tongues wagging when he posted a picture of himself and […]

Meme coin incubator CoreSky has raised $15 million in Series A funding, to accelerate the development of its platform. The funding, which brings the company’s total backing to $21 million, was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures. CoreSky’s platform enables user voting to gauge public […]