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Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury
TradFi & Fintech

Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury

Mike Novogratz's firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact.
Morgan Stanley Launches Crypto Trading for Retail Clients: Report
TradFi & Fintech

Morgan Stanley Launches Crypto Trading for Retail Clients: Report

The $2 trillion financial services firm has rolled out cryptocurrency trading capabilities on its E*Trade retail brokerage platform.
CME Group to Launch Bitcoin Volatility Futures on June 1
TradFi & Fintech

CME Group to Launch Bitcoin Volatility Futures on June 1

The derivatives giant is rolling out CFTC-regulated contracts that let traders isolate Bitcoin volatility from price direction, settling to a new 30-day implied volatility benchmark.
a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products
TradFi & Fintech

a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products

a16z crypto's Crypto Fund 5 was announced just a day after Haun Ventures revealed its $1 billion fund focused on crypto and the agentic economy.
Western Union Stablecoin USDPT Launches on Solana
TradFi & Fintech

Western Union Stablecoin USDPT Launches on Solana

Western Union's USDPT stablecoin has gone live on the Solana blockchain, marking the traditional remittance giant's entry into on-chain digital assets.
Anchorage Digital Partners with M0 on US Stablecoin Issuance Stack
TradFi & Fintech

Anchorage Digital Partners with M0 on US Stablecoin Issuance Stack

The partnership aims to make it easier for companies, including fintechs and paying firms, to issue compliant stablecoins in the United States.
PayPal Elevates Crypto to Core Business in Strategic Reorganization
TradFi & Fintech

PayPal Elevates Crypto to Core Business in Strategic Reorganization

The payments giant will fold PYUSD, Braintree, and merchant processing into a new Payment Services & Crypto division, marking the first time digital assets have a dedicated home within the company.
Meta Launches Stablecoin Payouts In Colombia And The Philippines
TradFi & Fintech

Meta Launches Stablecoin Payouts In Colombia And The Philippines

The social media giant has rolled out USDC payments via Stripe on Solana and Polygon.
Bullish Invests 250 BTC in BTCFi Company Mezo
TradFi & Fintech

Bullish Invests 250 BTC in BTCFi Company Mezo

The investment, worth over $19M at current prices, coincides with Mezo's launch of Bitcoin yield vaults for institutional clients.
Ondo Partners with Broadridge to Bring Shareholder Voting to Tokenized Stocks
TradFi & Fintech

Ondo Partners with Broadridge to Bring Shareholder Voting to Tokenized Stocks

The partnership lets holders of tokenized equity and ETFs participate in proxy voting and access other governance features.