Ripple secures MPI License from Monetary Authority of Singapore
Issuance of license follows in-principle approval granted in June 2023
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Fiserv granted MPI license by the Monetary Authority of Singapore
Company’s local operating entity granted license to provide merchant acquisition and domestic and cross-border money transfer services under the Payment Services Act
Paxos Introduces Global Dollar (USDG)
Built to power global stablecoin adoption
DWT Expands Bank Regulatory Capabilities Adding Max Bonici in D.C.
Adding further depth to its leading financial services practice, Davis Wright Tremaine LLP has added seasoned bank regulatory lawyer Max Bonici as a partner in its Washington, D.C., office. Bonici brings to the firm significant experience advising financial institutions inside and outside the U.S. on regulatory, supervisory, and enforcement matters. His work on bank regulatory matters often involves advising clients on statutes including the Bank Holding Company Act, the International Banking Act, the National Bank Act, and the Dodd-Frank...
Chainlink Announces CCIP Private Transactions
Chainlink's novel CCIP Private Transactions capability, enabled by the new Chainlink Blockchain Privacy Manager, addresses long-standing compliance and confidentiality challenges around blockchain interoperability, paving the way for broader institutional blockchain adoption
OKX Launches Exchange for Retail and Institutional Investors in UAE
OKX, a global onchain technology company, announced it is operationally live and licensed in the UAE. With the announcement, the firm is now the first global crypto company in UAE to offer AED banking rails for its retail and institutional customers. OKX Middle East General Manager Rifad Mahasneh made the announcement at the company’s gala event at the Museum of the Future, entitled: A New Alternative for Dubai. The event also featured OKX CEO Star Xu, OKX CMO Haider Rafique, Manchester...
RD Technologies Secures US$7.8 Million in Series A1 Financing
RD Technologies announced the successful completion of its Series A1 financing, securing US$7.8 million. In this funding round, RD Technologies has secured strategic investments from prominent industry players like HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital. The capital injection will enable RD Technologies to continue building a financial platform that bridges the Web2 and Web3 worlds and continue to contribute to the development of the Web3 ecosystem in Hong Kong. RD Technologies announced on 18th...
Trulioo and Airwallex Expand Global Partnership
Unrivaled KYB and KYC Coverage From Trulioo Strengthens Airwallex’s Compliance and Fraud Prevention Across 181 Countries
Ledgebrook Announces $17M Series B; Appoints CFO Anthony Segal-Knowles
Ledgebrook, the rapidly growing insurtech, is excited to announce the successful completion of a $17M Series B funding round. This opportunistic raise introduces two esteemed Family Offices to the Ledgebrook cap table: Duquesne (who led the round) and The Stephens Group and also included participation from long-term partners Brand Foundry Ventures & American Family Ventures. The capital infusion will allow Ledgebrook to accelerate expansion of current operations & embark on new, innovative projects. Ledgebrook’s Series B comes quickly on...
Binance Labs Invests in OpenEden for Growth in Tokenized DeFi Assets
Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (“RWA”) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a full-stack tokenization technology company. OpenEden’s tokenized U.S. T-Bill Fund (“TBILL”) is the first and only tokenized T-Bill product to receive an “A” rating from Moody’s, and is the largest of...