Converge

Latest

Coinbase Wins CFTC Approval for In-House Derivatives Clearing
TradFi & Fintech

Coinbase Wins CFTC Approval for In-House Derivatives Clearing

The new clearinghouse can handle fully collateralized contracts; Coinbase will keep outside partners for margined futures and planned single-stock perpetuals.
Dune Flags Yield Shortfall at Tokenized Money Funds
TradFi & Fintech

Dune Flags Yield Shortfall at Tokenized Money Funds

WisdomTree’s Treasury money fund trailed its T-bill benchmark by 15 basis points over a year. Issuer disclosures show how expenses and liquidity terms affect returns.
Citi Taps Coinbase for Corporate Stablecoin Payments: WSJ
TradFi & Fintech

Citi Taps Coinbase for Corporate Stablecoin Payments: WSJ

The firms’ October 2025 collaboration initially focused on fiat funding and withdrawals for Coinbase’s on- and off-ramps.
Bitcoin ETFs Draw Nearly $3 Billion in Seven Sessions as 2026 Flows Turn Positive
Markets

Bitcoin ETFs Draw Nearly $3 Billion in Seven Sessions as 2026 Flows Turn Positive

US spot funds finished Sept. 25 with about $1.02 billion in net inflows for the year, reversing a $1.96 billion deficit before the streak.
Franklin Templeton Fund Shares Become Bybit Trading Collateral
TradFi & Fintech

Franklin Templeton Fund Shares Become Bybit Trading Collateral

Eligible clients can pledge Benji-issued money market fund shares for USDT or USDC credit lines while the shares stay in custody and keep paying yield. Franklin ran the same structure with Binance in February.
Bitwise NEAR ETF Clears Listing and Registration Hurdles
TradFi & Fintech

Bitwise NEAR ETF Clears Listing and Registration Hurdles

The NRR product plans to stake its NEAR holdings, with a 0.75% annual management fee and a separate charge on staking rewards.
CleanSpark Closes $2.276 Billion Debt Deal for Sandersville Data Center
TradFi & Fintech

CleanSpark Closes $2.276 Billion Debt Deal for Sandersville Data Center

The 7.875% notes fund construction and reimburse earlier equity contributions to a Georgia project with a 20-year lease.
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
Regulation & Politics

EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms

The regulator wants the EU to examine rules for DeFi gateways, with leverage caps and certification of lending protocols among the options.
Circle CFO Jeremy Fox-Geen to Step Down by Year-End
People

Circle CFO Jeremy Fox-Geen to Step Down by Year-End

Circle has begun a replacement search, while Fox-Geen’s exit agreement includes $1.05 million in conditional cash payments.
Tether Says EQIBank Exposure Is Below 0.034% of Group Assets
CeFi

Tether Says EQIBank Exposure Is Below 0.034% of Group Assets

A federal court order lists $79.1 million seized.