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
Robinhood Private-Market Fund Prices $200 Million IPO
RVII pays its adviser a 2% annual base fee and a 20% realized-gains incentive fee; some exposure may use illiquid vehicles.
Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls
Tokenization revenue dropped 12% and operating costs jumped 56%, showing that higher onchain assets have yet to produce steadier earnings.
Recent articles
Robinhood Private-Market Fund Prices $200 Million IPO
RVII pays its adviser a 2% annual base fee and a 20% realized-gains incentive fee; some exposure may use illiquid vehicles.
Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls
Tokenization revenue dropped 12% and operating costs jumped 56%, showing that higher onchain assets have yet to produce steadier earnings.
SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral
The relief lets Franklin Templeton’s registered funds hold FOBXX through an affiliated blockchain-integrated system, subject to 12 custody and control conditions.
Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine
The 20-year lease is projected to average $457 million a year, while Riot's fully costed bitcoin mining ran at 126.5% of the value of the coins it produced last quarter.
Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Ansa builds branded prepaid wallets that hold dollar balances for merchants, with no stablecoin leg. Founder Sophia Goldberg joins Rain as head of payments, and terms were not disclosed.
Coinbase Wins Abu Dhabi License for Tokenized Securities Hub
The FSRA permission covers arranging deals in investments and custody. Coinbase has not named a launch date, and the fine print limits which token holders can vote their shares.
MoneyGram Brings Cash-To-Crypto Ramps To Solana
MoneyGram Ramps is now native to Solana, ending its run as a Stellar-only product. Trading app Rift is the first Solana wallet to integrate it.
Ether Products Lead $600M Crypto ETP Flow Rebound in July
Bitcoin products still took 78.5% of the $133.3 billion traded in global crypto ETPs during July, even as ether led the money coming in.
Tokyo Lawson Register Scans a Barcode for a 322-Yen JPYC Stablecoin Payment
Store-side acceptance ran inside Lawson's existing register through HashPort Wallet for Biz and Canal Payment Service's PAYTREE gateway, with no dedicated stablecoin terminal added at the till.
Dinari Opens 724 Tokenized US Stocks to Eligible US Investors
Dividends on Dinari's dShares now pay out natively in USDC, while 24/7 trading and T+0 settlement remain future capabilities the company says depend on regulatory requirements.