TradFi & Fintech
From banks, to asset managers and payments apps, these are the financial firms operating on top of traditional rails and non-blockchain infrastructure.
Top Stories

Winklevoss Files for Zcash ETF With 0.25% Fee
Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, but the potential purchase is nonbinding.

Anchorage Digital Buys Routable to Add Corporate Payment Rails
Routable will operate under a new brand, with integrated stablecoin and tokenized deposit offerings rolling out over the coming quarters.
Free newsletters
Converge
Tokenization, stablecoins, and the institutions bringing finance onchain.
Weekly. Free. Unsubscribe anytime.
Recent articles

Winklevoss Files for Zcash ETF With 0.25% Fee
Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, but the potential purchase is nonbinding.

Anchorage Digital Buys Routable to Add Corporate Payment Rails
Routable will operate under a new brand, with integrated stablecoin and tokenized deposit offerings rolling out over the coming quarters.

Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank
The planned bank would take over issuance and reserves from Agora’s Bermuda entity, but must meet capital, liquidity and compliance conditions before opening.

UK Names Six Banks to Lead First Digital Gilt Pilot
The managers will underwrite and distribute DIGIT, a short-dated bond on HSBC Orion that will sit outside the UK's main debt management programme.

Circle and SC Ventures Back OKX at $25 Billion Valuation
Ripple and hedge fund QRT also joined the financing, an extension of the March round backed by NYSE owner ICE. The amount raised was not disclosed.

Rain Seeks US Trust Bank Charter for Stablecoin Issuance
The proposed subsidiary would also hold client assets and manage stablecoin reserves, but would not accept deposits or make commercial loans.

Ondo Unveils Private-Market Notes Ahead of First AI Offering
The notes offer exposure without shareholder rights. Secondary-market prices can diverge sharply from the eventual payout tied to a liquidity event.

SEC Clears 3x Bitcoin and Ether ETPs for Cboe Listing
Proposed tickers BITH and ETHK would use futures and reset leverage daily, exposing longer-term holders to compounding losses.
OKX And NYSE Owner's Venture Files To Trade 63 Tokenized Stocks Onchain
OKXICE told the SEC it will run tokenized equity trading through permissioned Uniswap v4 pools on X Layer. Cerebras has already filed an objection to being included.

Plume Opens Tokenized Vault Backed By Fidelity's Bond ETF
The nBND vault holds shares of an actively managed ETF rather than short-dated Treasuries, pushing onchain fixed income into credit and duration.