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
PayPal's PYUSD Goes Native on Polygon, Joins Open Money Stack
Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.
Dinari, tZERO Partner on Tokenized US Stock Framework
Dinari, an issuer of tokenized U.S. equities, and tZERO Group, a blockchain-based financial infrastructure provider, said Wednesday they are partnering to build an operating framework that would let broker-dealers offer tokenized U.S. stocks.
Recent articles
PayPal's PYUSD Goes Native on Polygon, Joins Open Money Stack
Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.
Dinari, tZERO Partner on Tokenized US Stock Framework
Dinari, an issuer of tokenized U.S. equities, and tZERO Group, a blockchain-based financial infrastructure provider, said Wednesday they are partnering to build an operating framework that would let broker-dealers offer tokenized U.S. stocks.
EDX Markets Closes $76M Series C Led by SBI Holdings
EDX Markets, an institutional-only crypto trading venue with its own central clearinghouse, closed a $76 million Series C funding round led by SBI Holdings, the firm said in a press release. The Tokyo-listed financial group becomes a strategic investor in the U.S. exchange. The capital will fund…
Tether Invests $20M in Brazil's Mercado Bitcoin
Tether has invested $20 million in a strategic growth financing round for Mercado Bitcoin, Brazil's largest crypto exchange, the stablecoin issuer announced Tuesday. The deal backs Mercado Bitcoin's push into tokenization, payments, credit and capital markets across Latin America. Mercado Bitcoin,…
JPMorgan's JLTXX Tokenized Money Market Fund AUM Grows 250% in a Month on Ethereum
JPMorgan's JLTXX tokenized money market fund has grown its onchain assets under management by roughly 250% over the past month, according to data platform Token Terminal. The bank runs the fund exclusively on Ethereum. JLTXX, formally the OnChain Liquidity Token Money Market Fund, launched May 13…
Securitize Tokenizes Its Own NYSE Stock SECZ on Its First Day as a Public Company
Securitize put its own newly listed common stock onchain the same day SECZ began trading on the NYSE, launching tokenized shares on Avalanche and Solana through its regulated platform.
New York Life Partners with Centrifuge on Tokenized Corporate Bonds
New York Life Investment Management is tokenizing a high-yield corporate bond strategy for the first time, partnering with Centrifuge on the NYLIM Anemoy fund settled in USDC.
Securitize Shareholders Approve Merger, Paving Way for First Publicly Traded Tokenization Company
Cantor Equity Partners II shareholders voted Monday to approve a business combination with Securitize, expected to close July 1 and list on the NYSE July 2 under ticker SECZ as the first publicly traded tokenization company in the US.
Open Standard Unveils Open USD, a Bank- and Tech-Backed Stablecoin Governed by Its Users
A consortium of more than 140 financial and technology companies introduced Open USD, a dollar stablecoin whose reserve earnings and governance are designed to flow to the businesses that adopt it rather than to a single issuer.
JPMorgan's Kinexys Blockchain Hits $4 Trillion, Adds Five APAC Currencies
J.P. Morgan's Kinexys blockchain payments platform has processed more than $4 trillion in transactions since launch and expanded to eight currencies, adding the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi and Singapore dollar to serve institutional clients across Asia-Pacific.