Tag: Platform

XRP and RLUSD Shine as Ripple Prime Debuts US Multi-Asset Brokerage Platform

Ripple propels XRP and RLUSD into the spotlight with the U.S. debut of Ripple Prime, a next-generation trading platform uniting institutional access to digital assets and traditional markets through advanced liquidity, cross-margining, and integrated multi-asset execution. XRP and RLUSD Lead Ripple’s Bullish US Launch of Prime Trading Platform Ripple’s expansion into the U.S. institutional market […] Source CryptoX Portal

Pave Bank Raises $39M For Traditional, Digital Finance Platform

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Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services. The round included participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments, bringing the company’s total funding to about $45 million, according to the Economic Times. Founded in 2023 by fintech veterans Simon Vans-Colina, Salim Dhanani, and Dmitry Bocharov, Pave Bank provides institutional and corporate clients with both…

Coinbase Acquires Echo Crowdfunding Platform For $375M

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Major US cryptocurrency exchange Coinbase has acquired Echo, a platform that allows communities to raise capital targeting early-stage projects and startups. Coinbase has struck a $375 million deal to acquire Echo, a crowdfunding platform founded by crypto trader Jordan Fish, known in the community as Cobie, the company announced on Tuesday. The acquisition came the day after Coinbase sent $25 million in USDC (USDC) to Cobie’s wallet to acquire and burn a non-fungible token (NFT) and revive his UpOnly podcast. “I certainly didn’t think Echo would be sold to Coinbase,…

Mexico’s White‑Glove Bitcoin Platform Aureo Raises $1.1M Pre‑Seed to Build Latam Multi‑Institution Custody

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Aureo (formerly Swapido) announced a $1.1 million pre‑seed round with Early Riders to develop the first Latin America‑native Multi‑Institution Custody (MIC) solution and expand its bitcoin financial services from Mexico across the region. The raise will fund founder salaries, marketing, development, compliance, custody-key agency infrastructure, and regional expansion with a team of founders experienced at […] Original

Swiss Gambling Authorities File Charges Against FIFA World Cup NFT Platform

Key Notes Gespa determined FIFA Collect’s random draw system for NFT distribution constitutes illegal gambling under Swiss Federal Act without proper licensing. The platform generated $52 million in total volume across 2.2 million minted NFTs, peaking at $9.6 million in September during Ballon d’Or festivities. Legal proceedings now move to Swiss prosecutors while the NFT marketplace remains operational and has not issued a public response. The Swiss Gambling Supervisory Authority (Gespa) has lodged a criminal complaint against FIFA Collect, an NFT platform affiliated with the FIFA World Cup, after concluding…

Swiss Regulator GESPA Files Complaint Against FIFA NFT Platform

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Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider. On Friday, GESPA announced the complaint, alleging the platform’s “competitions,” which feature user rewards like airdrop campaigns and challenges, constitute gambling under current Swiss regulations due to the element of chance in claiming rewards. GESPA wrote: “Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. Whether participants win a prize depends…

Kraken Buys CFTC-Regulated Exchange to Launch U.S. Derivatives Platform – SuperCryptoNews

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Cryptocurrency exchange Kraken announced today it has acquired Small Exchange, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), for $100 million from IG Group. The strategic acquisition of the Designated Contract Market (DCM) license is a significant move that paves the way for Kraken to launch a fully U.S.-native derivatives product suite. The acquisition is central to Kraken’s strategy to build a unified, high-performance trading environment, allowing it to create markets for exchange-listed derivatives in the massive U.S. capital market under CFTC oversight. Kraken Co-CEO Arjun…

US Platform Blue Ocean Eyes Tokenized Stocks For 24/7 Trading

Key Notes The platform will tokenize major stocks for round-the-clock trading in fractional shares, democratizing equity access globally. Blue Ocean’s move follows ICE’s $2B Polymarket acquisition and Nasdaq’s SEC filing to enable tokenized stock trading. Global tokenized assets reached $33B, led by private credit at $17.5B and US Treasuries at $8.4B market share. On Oct. 10, Blue Ocean, an off-exchange platform for overnight US stock trading, announced its official entry into blockchain-based equity offerings. Blue Ocean allows investors to buy and sell blue-chip stocks like Apple and Tesla after Wall…

BTCC Exchange Achieves Major 10M User Milestone With $1.15 Trillion Q3 Trading Volume as Platform Accelerates Global Growth

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This content is provided by a sponsor. PRESS RELEASE. VILNIUS, Lithuania, October 9, 2025 – BTCC, the world’s longest-serving cryptocurrency exchange, today announced it has surpassed 10.16 million registered users globally and achieved a record $1.15 trillion in trading volume during Q3 2025. These figures mark significant growth milestones for the platform. The exchange’s Q3 […] Source