Blockchain solutions provider Insomnia Labs has debuted CreatorFi, a stablecoin-based credit platform for creators. The new offering, announced Wednesday (July 9), launched with a $12 million credit facility from investors including Kamui Finance, and integrates financial tools into the platforms creators are already using, letting...
Kraken and Backed have expanded the availability of their tokenized U.S. equities offering by partnering with blockchain ecosystem BNB Chain. This offering, xStocks, provides users outside the U.S. with onchain access to tokenized U.S. equities, the companies said in a Wednesday (July 9) press release....
The United States can benefit from blockchain technology if regulators embrace its “transparency, speed and programmability,” Chainalysis Co-founder and CEO Jonathan Levin told the Senate Banking Committee Wednesday (July 9). Speaking during the committee’s hearing, “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,”...
Robinhood, a financial brokerage and cryptocurrency exchange, is under scrutiny in the EU for offering tokenized equities of OpenAI after the artificial intelligence (AI) startup disavowed any ties to these assets. The central bank of Lithuania, which is Robinhood’s main regulator in the EU, emailed...
Digital asset platform Mercado Bitcoin plans to tokenize more than $200 million in permissioned real-world assets (RWAs) on the XRP Ledger (XRPL). A key contributor to the XRPL, Ripple, announced these plans in a Friday (July 4) blog post, saying this move marks one of...
One of the overarching themes of 2025, outside of its notable levels of uncertainty, is the convergence of traditional finance (TradFi) and crypto markets. That theme got a shot in the arm this week, with the news Wednesday (July 2) that J.P. Morgan is reportedly...
Investor Anthony Pompliano has launched a bitcoin treasury whose balance sheet would hold $1 billion of that cryptocurrency. This news came Monday (June 23), as Pompliano’s ProCap BTC, a “bitcoin-native” financial services firm, announced plans to enter a special purpose acquisition company (SPAC) merger with...
JPMorgan Chase plans to launch a product called a “deposit token” that will serve as a digital representation of commercial bank money and will be available only to the bank’s institutional clients. The deposit token, dubbed “JPMD,” will provide an alternative to stablecoins and will...
Blockchain protocol OpenLedger reportedly plans to commit $25 million to AI and Web3 developers. As CoinDesk reported Monday (Jun 9), the capital will be available via OpenCircle, a launchpad created by OpenLedger to help developers create artificial intelligence (AI)-focused protocols. The report notes that the funding is happening amid...