Model ML Raises $75M to Automate AI Workflows in Finance

Model ML, the leading global AI workflow automation platform for financial services, today announced a $75 million Series A financing led by FT Partners, the global leader in FinTech investment banking. The round also includes significant participation from Y Combinator, QED, 13Books, Latitude and LocalGlobe, and comes just six months after the company’s seed raise, led by LocalGlobe, and only twelve months after its launch. “We’re thrilled to announce this round with such an exceptional...

Byreal Slashes LP Costs 95% with New Social Features

Byreal, a decentralized exchange incubated by Bybit and built for the Solana ecosystem, announced a package of comprehensive platform upgrades designed to enhance liquidity efficiency and user experience. The upgrades include the introduction of Dynamic Tick Array technology, significant product and performance optimizations, and the recent launch of the social referral feature for Real Farmer, a social liquidity mining system. Since its full public launch in October, Byreal has achieved significant milestones across key metrics. Currently ranking No. 5 by 30-day fees...

CME Group and CF Benchmarks to Launch CME CF Bitcoin Volatility Indices

CME Group, the world’s leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch two new bitcoin volatility indices on December 2 – the CME CF Bitcoin Volatility Index – Real Time (BVX) and the CME CF Bitcoin Volatility Index – Settlement (BVXS). These indices represent forward-looking, market-based measures of how the market expects the price of bitcoin to fluctuate over a 30-day constant maturity time horizon. The indices are not tradable futures products, but they serve as...

First Bank Appoints New Chief Risk Officer: Bridget Welborn

First Bank is pleased to announce that Bridget Welborn joined the bank this October as its new Chief Risk Officer and Head of Legal. Welborn brings more than 15 years of experience in legal, risk, privacy, and regulatory compliance, with a proven track record advising boards, CEOs, and executive management on critical initiatives. Welborn most recently served as Senior Counsel, Banking, Privacy & Data Security at Wyrick Robbins, advising financial institutions, fintechs, and insurers on...

TruTrade Unifies RipperOne AI and QuickFund AI Into One Powerhouse Platform

TruTrade, a global leader in automated fintech trading solutions, has officially launched its most powerful innovation to date: a fully integrated trading ecosystem combining RipperOne AI with QuickFund AI. This next-generation system is engineered to transform how traders access capital, manage risk, and execute in global markets — with institutional-grade automation at its core. At the center of this system is RipperOne AI, TruTrade’s autonomous trading engine built for precision, speed, and disciplined execution. Designed to analyze real-time market...

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