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L&G Shifts $68B in Liquidity Funds to Calastone Token Network for Same-Day Settlement

L&G Shifts $68B in Liquidity Funds to Calastone Token Network for Same-Day Settlement

Key Takeaways Legal & General (L&G) has moved over £50 billion ($68 billion) of liquidity assets to Calastone’s DLT-based distribution…
Tether Adds $70M in Bitcoin to Reserves, Topping 97K BTC

Tether Adds $70M in Bitcoin to Reserves, Topping 97K BTC

Tether, the company responsible for issuing the USDT stablecoin, has expanded its corporate reserves through a new Bitcoin acquisition. According…
eToro Expands Custody Tech With $70M Zengo Wallet Acquisition

eToro Expands Custody Tech With $70M Zengo Wallet Acquisition

eToro, a Nasdaq-listed trading platform, will acquire Israeli self-custody crypto wallet provider Zengo for an estimated $70 million. The acquisition…
Rakuten Enables XRP Payments for 44 Million Users via Loyalty Points Integration

Rakuten Enables XRP Payments for 44 Million Users via Loyalty Points Integration

Japanese e-commerce operator Rakuten is allowing users to convert loyalty points into XRP for use across 5 million affiliated merchants.…
Goldman Sachs Files for Bitcoin Income ETF in Crypto Expansion

Goldman Sachs Files for Bitcoin Income ETF in Crypto Expansion

Goldman Sachs, the multinational investment bank and financial services company, filed an application on Tuesday for a proposed Bitcoin Income…
Tether Launches Self-Custodial Wallet for Direct Stablecoin and Bitcoin Payments

Tether Launches Self-Custodial Wallet for Direct Stablecoin and Bitcoin Payments

Tether Moves Direct-to-Consumer with Proprietary Wallet Tether, the issuer responsible for the crypto market’s largest stablecoin by circulating supply, launched…
Deutsche Börse Secures $200 Million Equity Stake in Crypto Exchange Kraken

Deutsche Börse Secures $200 Million Equity Stake in Crypto Exchange Kraken

Deutsche Boerse has acquired a 1.5% fully diluted equity stake in Kraken’s parent company, Payward Inc., for $200 million. The…
ClearBank Integrates Circle Stablecoins Following Landmark MiCA Approval

ClearBank Integrates Circle Stablecoins Following Landmark MiCA Approval

ClearBank Obtains MiCA Authorization for Institutional Stablecoin Settlement ClearBank, a clearing and agency banking platform managing over $13 billion in…
$1.6B Ether Machine SPAC Merger with Dynamix Collapses Over Market Conditions

$1.6B Ether Machine SPAC Merger with Dynamix Collapses Over Market Conditions

The Ether Machine, a prospective public ether treasury company, and Dynamix Corporation, a Nasdaq-listed special purpose acquisition company (SPAC), have…
Binance Offers UAE Staff Temporary Relocation Amid Regional Conflict

Binance Offers UAE Staff Temporary Relocation Amid Regional Conflict

Binance Adjusts UAE Operations Amid Regional Conflict Binance, the cryptocurrency exchange responsible for the largest share of global spot and…
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