The Clearing House selected Quant, a provider of programmable money infrastructure, to power the On-Chain Money Initiative that The Clearing House announced in June, the organization said in a Thursday (Sept. 24) press release emailed to PYMNTS. The On-Chain Money Initiative involves a new interoperable...
S&P Global is acquiring blockchain security company OpenZeppelin as it looks to expand its risk assessment business to on-chain financial products, according to a Thursday (Sept. 17) news release. “The transaction complements S&P Global’s risk assessment and ecosystem development capabilities in digital asset markets, enhancing...
Circle has introduced Arc, a blockchain designed for financial markets, real-time money movement and agentic economic activity. Arc launches with integration into Circle’s platform, including the USDC stablecoin, the company said in a Wednesday (Sept. 16) news release. “Arc is the single most significant launch in Circle’s...
Bottomline, a top-three provider of Swift services, has partnered with Chainlink to give more than 600 bank customers access to blockchain-based cross-border settlement. The deal is one of the largest efforts yet to link the Swift messaging network, which banks have relied on for decades,...
A third-party token-creation application has emerged as one of the digital asset industry’s largest fee generators, driven by active retail trading on Robinhood Markets’ newly launched blockchain network. According to a Thursday (Sept. 3) report by CoinDesk, users paid about $5.95 million in fees over a...
Citi says it has successfully processed live transactions on Swift’s blockchain-based ledger. The banking giant announced the completion of this effort Thursday (Sept. 3), calling it a “significant milestone in its strategy to deliver always-on, cross-currency and interoperable payment solutions for its institutional clients.” The...
Two years ago, Wall Street had to infer where blockchain fit inside securities law from enforcement actions. In 2026, the U.S. Securities and Exchange Commission (SEC) is writing the operating instructions. On Tuesday (Sept. 1), the SEC proposed a sweeping modernization of the rules governing...
Genius Group, a company that operates a bitcoin and artificial intelligence (AI) dual treasury strategy alongside its core education business, plans to acquire $827 million in bitcoin treasury and $800 million in AI treasury by its fiscal year 2031, the firm said in a Thursday...
Bitcoin climbed above $80,000 this week for the first time since May, with renewed demand from institutional investors and improving interest from retail investors, Bloomberg reported Thursday (Aug. 27). The report attributed Bitcoin’s recovery to a “brighter mood” in speculative markets, a retail appetite for risk that...