Ripple to Acquire Hidden Road for $1.25B in Major Crypto Deal

Ripple will inject billions of dollars of capital to provide immediate scale and satisfy the demand for Hidden Road’s prime brokerage, clearing and financing platform RLUSD becomes the first stablecoin to enable efficient cross-margining between digital assets and traditional markets, reinforcing its position as a premium enterprise-grade USD-backed stablecoin Hidden Road to migrate post-trade activity across XRP Ledger (XRPL) demonstrating its potential as the go-to blockchain for institutional decentralized finance (DeFi) Ripple, the leading provider...

Infini Integrates Crypto to Transform Traditional Banking

Infini is redefining the fintech landscape by seamlessly integrating crypto solutions into traditional banking. With a vision to empower users through secure, intuitive, and innovative financial services, Infini is revolutionizing how individuals engage with digital assets. Bridging Web2 and Web3: The Genesis of Infini Founded in 2024 by a team of financial experts and tech innovators Crypto Whale Christian Li and Tech Lead Ryan Sun Infini was created to make financial empowerment accessible to all. Headquartered...

BitGo and Finery Markets Debut Crypto Trading and Settlement Solution

Prime brokers, OTC desks and exchanges can leverage Finery Market’s trading infrastructure with peace of mind knowing that counterparty assets are secured and automatically settled by BitGo.  The partnership between BitGo and Finery Markets ensures that custody and settlement responsibilities rest exclusively on BitGo as the regulated, qualified custodian The BitGo/Finery Markets model is prime broker agnostic, meaning any prime broker, OTC desk or exchange who wants to provide their clients with qualified custody services...

MetaComp strategically partners with Harvest Global Investments

MetaComp Pte Ltd, a leading Monetary Authority of Singapore (MAS) licensed Singapore fintech company that specializes in blockchain technology and digital assets, and its affiliates (collectively referred as MetaComp), is proud to announce a strategic partnership with Harvest Global Investments Limited (HGI), a leading asset management company licensed with the Securities and Futures Commission of Hong Kong. HGI is among the pioneering Chinese asset management firms to establish subsidiaries abroad. The Memorandum of Understanding executed between MetaComp and HGI marks a...

Trakx launches Trakx USDc Earn CTI powered by OpenTrade

Trakx, an emerging global fintech company providing thematic Crypto Tradable Indices (“CTIs”), announced the launch of the Trakx USDc Earn CTI powered by OpenTrade that is designed to allow users to easily generate high risk-adjusted returns on their USDc backed by US Treasury Bill yields. With the USDc Earn CTI, Trakx offers a unique instrument that seamlessly earns US Treasury Bills (T-Bills) like returns, while the assets are securely managed through OpenTrade’s bankruptcy remote structure....

DeFi Technologies Inc. acquires Reflexivity Research LLC,

Acquisition Completed: DeFi Technologies Inc. has successfully acquired Reflexivity Research LLC, a private research firm known for its high-quality, crypto-native research and significant client base including major cryptocurrency organizations. This marks DeFi Technologies' first venture into the research domain, aiming to bridge traditional and decentralized finance. Strategic Implications: The acquisition allows DeFi Technologies to enhance its service offerings with valuable insights and intelligence in the cryptocurrency market, strengthening its role as a pivotal connector between traditional and decentralised finance sectors. Transaction Details: The acquisition involved DeFi Technologies acquiring all issued and outstanding securities of Reflexivity Research for 5 million common shares, subject to a 12-month lock-up schedule. This move reflects a mutual confidence in the long-term value of this partnership, with no finder fees paid for the acquisition.

OliveX releases Fusion-Ex (FEX)

OliveX, a pioneering encrypted asset trading platform, is making waves in the cryptocurrency exchange sector with its groundbreaking release of Fusion-Ex (FEX). This cutting-edge platform is set to transform the industry, offering innovative solutions and addressing the pain points faced by current exchanges. As cryptocurrencies continue to gain traction, bridging the gaps of trust and efficiency in traditional finance, OliveX emerges as a key player in this rapidly evolving landscape. Backed by SUPERGOIN FOUNDATION PTE....

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