Key Notes BBVA is currently the first EMEA bank to adopt SGX FX’s crypto trading infrastructure. It is pushing to have crypto trading services for Bitcoin and Ethereum for retail clients. BBVA has existing partnerships with Ripple and Binance. European financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has inked a strategic partnership with SGX FX in Singapore to launch retail cryptocurrency trading. This suggests that retail clients will have unlimited access to top digital assets like Bitcoin BTC $119 065 24h volatility: 2.0% Market cap: $2.37 T Vol. 24h: $65.71…
Tag: Launch
SWIFT Is Planning To Launch Its Own Blockchain Amid Trillion-Dollar Battle, But It’s Not With Ripple
SWIFT, the global network that handles most of the world’s cross-border payments, is preparing to launch its own blockchain as rumors about an ongoing payments battle with Ripple circulate. While many often compare SWIFT’s role to Ripple due to its XRP-linked payment solutions, this new plan is not a direct challenge to the fintech company, but rather part of a much larger trillion-dollar race to define the future of digital money. SWIFT Partners With Consensys To Build Blockchain Network According to the announcement, SWIFT is collaborating with Consensys, the Ethereum…
Donald Trump Jr. Supports USD1 Stablecoin Launch on Aptos
Key Notes World Liberty Financial, co-founded by Donald Trump Jr., will launch its USD1 stablecoin on the Aptos network. The integration will receive support from major wallets, exchanges, and DeFi protocols on the network. Aptos highlights its speed and low fees as key factors for the partnership, expanding its $1 billion stablecoin ecosystem. World Liberty Financial, the crypto project co-founded by Donald Trump Jr., is expanding its reach by launching its USD1 stablecoin on the Aptos APT $4.58 24h volatility: 8.9% Market cap: $3.22 B Vol. 24h: $795.22 M blockchain.…
Stripe Tool Lets Companies Launch Custom Stablecoins
Global payments firm Stripe is deepening its crypto offerings with a tool it says will allow any business to launch and manage their own stablecoin “with just a few lines of code.” The tool, called “Open Issuance,” will allow businesses to “mint and burn coins freely, and customize their reserves to manage the ratio between cash and treasuries and choose their preferred partners,” Stripe said on Tuesday. The service, one of more than 40 offerings Stripe announced this week, will be backed by Bridge — a stablecoin infrastructure company Stripe…
Sonic Rises 7% on $25M Ecosystem Fund Launch
Key Notes CMCC Global announces “Resonance,” a $25 million Sonic ecosystem fund. Sonic (S) gained over $50 million in market cap in the past 24 hours. Trading volume jumps 70% to $126 million amid investor optimism. On Sept. 30, the Sonic (S) token recorded a strong 7% price surge, adding more than $50 million to its market capitalization in just one day. The rally comes as venture capital firm, CMCC Global, launched a $25 million fund designed to accelerate growth in the Sonic ecosystem. The fund, called “Resonance,” targets innovative…
Tuttle’s Government Grift ETF Could Launch This Week
An exchange-traded fund tracking the trading activity of American politicians and individuals and companies with close ties to the US president could launch as soon as Friday, according to an analyst. Tuttle Capital Government Grift ETF (GRFT) was first proposed by Tuttle Capital Management earlier this year. Bloomberg ETF analyst Eric Balchunas noted that GRFT could launch as early as Friday, as the Securities and Exchange Commission on Monday set Oct. 3 as the date that Tuttle’s S-1 registration statement will become effective. The ETF scans STOCK Act transaction reports…
Swift, Consensys Launch Blockchain Payments with 30+ Banks
Key Notes Swift is adding a blockchain-based shared ledger to its network, developed in partnership with Consensys, to handle tokenized asset transfers. The project involves a massive industry coalition, with over 30 financial institutions like JPMorgan and HSBC contributing to its design. The new platform aims to enable instant, 24/7 cross-border payments. It is part of Swift’s dual strategy for upgrading financial infrastructure. Global financial messaging network Swift announced on Sept. 29 that it is developing a blockchain-based shared ledger to handle cross-border transactions. The initiative, revealed at the annual…
Solstice Taps Chainlink, Ceffu for Solana-Based USX Stablecoin Launch
Key Notes The new USX token will utilize Chainlink’s CCIP technology for seamless transfers between different blockchain networks. Institutional traders will benefit from off-exchange settlement options through Ceffu and Copper custody partnerships. Solstice’s synthetic dollar-pegged token represents growing institutional adoption within the Solana ecosystem. DeFi protocol Solstice Finance has announced strategic partnerships with data provider Chainlink LINK $21.70 24h volatility: 0.2% Market cap: $14.70 B Vol. 24h: $840.34 M and custody firms Ceffu and Copper. The collaborations are intended to support the upcoming launch of USX, a new stablecoin built…
FLOKI & PEPE ETPs Launch on Sweden’s Spotlight Exchange
Key Notes Valour listEd 13 new ETPs on Sweden’s Spotlight, including FLOKI and PEPE. Total ETP lineup reaches 99, the largest globally. PEPE and FLOKI remain bearish, down more than 10% in the past week. Valour, the ETP arm of DeFi Technologies, has expanded its lineup on Sweden’s Spotlight Stock Market with the launch of 13 new crypto exchange-traded products (ETPs), including meme coins FLOKI FLOKI $0.000087 24h volatility: 0.4% Market cap: $836.28 M Vol. 24h: $62.61 M and PEPE PEPE $0.000010 24h volatility: 0.5% Market cap: $4.10 B Vol.…
Fold Holdings to Launch Bitcoin Credit Card with Stripe, Visa Partnership
Key Notes The credit card offers unlimited 2% bitcoin rewards instantly, with additional 1.5% available through Fold Checking Account payments. Strategic partnerships with Stripe Issuing and Visa’s global network aim to simplify bitcoin accumulation through everyday spending habits. Company stock fell from $3.88 to $3.31 despite announcing the product, reflecting broader cryptocurrency market bearish sentiment today. Fold Holdings, Inc. (NASDAQ: FLD) has announced the upcoming launch of its Bitcoin BTC $112 163 24h volatility: 0.2% Market cap: $2.24 T Vol. 24h: $42.05 B Rewards Credit Card, with Stripe providing the…