Blockchain technology is putting on a suit and tie as it tries to woo the staid halls of Fortune 500 businesses. As the sector’s innovative architecture for money movement matures beyond hype cycles and speculative tokens toward cross-border B2B payments and treasury management, a clearer,...
Stripe is reportedly developing a new blockchain in partnership with cryptocurrency-focused venture capital firm Paradigm. That’s according to a report Monday (Aug. 11) from Fortune, citing a job posting on a site for the crypto lobbying group Blockchain Association. “Tempo is a high-performance, payments-focused blockchain,” the posting said, advertising...
Is blockchain helping Wall Street trading break the confines of the workweek? That reality could be on the horizon, Bloomberg reported Tuesday (Aug. 12), after a group of finance heavyweights used a cryptocurrency blockchain to trade U.S. Treasurys for digital dollars on a Saturday. The...
Blockchain company Ripple and the Securities and Exchange Commission (SEC) told a court Thursday (Aug. 7) that they have ended their appeals in a long-running legal battle. “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the second circuit to dismiss their appeals,” Ripple...
Bank of America is reportedly seeing growing interest from investors in the tokenization of real-world assets (RWAs). These RWAs include stocks, bonds, bank deposits and real estate, CoinDesk reported Friday (Aug. 1), citing Bank of America analysts. Investors see opportunities in fractional ownership that broadens...
The tokenization of shares of money market funds could help keep money market funds competitive with stablecoins while also creating new uses for them, according to JPMorgan Chase & Co. strategists. The strategists said this in a note to clients, commenting on a partnership between...
Square is letting the first merchants on its network accept bitcoin payments. The company is now allowing some sellers to accept Lightning Network-powered BTC payments from customers, Owen Jennings, executive officer and head of business at Square’s parent company, Block, wrote in a Tuesday (July...
Treasury management is getting a blockchain-based makeover just as the function shoots up the priority list of enterprises. The news Wednesday (July 23) that BNY and Goldman Sachs are partnering to bring traditional financial instruments like money market funds (MMFs) onto blockchain infrastructure underscores that this...
Blockchain company Ripple has launched a partnership with tokenization infrastructure platform Ctrl Alt. The collaboration, announced Wednesday (July 16) will see Ctrl Alt use Ripple’s digital asset custody technology to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project by delivering storage for Dubai’s tokenized real estate title deeds, issued on...