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TradFi & Fintech

Citi Rolls Out Tokenized Private-Company Shares for Wealth and Institutional Clients
TradFi & Fintech

Citi Rolls Out Tokenized Private-Company Shares for Wealth and Institutional Clients

Citigroup is making tokenized interests in private companies available to wealth-management and institutional clients on SIX Digital Exchange, the Wall Street Journal reported. The bank has already completed its first transaction and is in talks with additional private firms.
Binance Stock Trading Draws 84% of First-Week Volume From Emerging Markets
TradFi & Fintech

Binance Stock Trading Draws 84% of First-Week Volume From Emerging Markets

Binance's direct stock-trading platform drew more than 80% of its first-week volume from emerging markets, with assets under management crossing $400 million within seven days. The 2% share of TradFi-referenced perpetuals volume positions the June 1 launch as a distribution play for underserved retail users.
Ripple Deploys XRPL AI Starter Kit as Mastercard Names It Agentic-Commerce Partner
TradFi & Fintech

Ripple Deploys XRPL AI Starter Kit as Mastercard Names It Agentic-Commerce Partner

Ripple released the XRPL AI Starter Kit on Wednesday, giving developers tools to build AI-agent payment applications on the XRP Ledger using XRP and RLUSD. The launch lands alongside Mastercard naming Ripple as a partner in Agent Pay for Machines, its agentic-commerce network.
Mastercard Opens Card Rails to AI Agents With 30-Plus Crypto Partners
TradFi & Fintech

Mastercard Opens Card Rails to AI Agents With 30-Plus Crypto Partners

Mastercard launched Agent Pay for Machines (AP4M) Wednesday, extending its payments network to autonomous AI agents with 30-plus crypto and fintech launch partners including Coinbase, Ripple, Solana Foundation, Polygon, Aave Labs and Stellar.
Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal
TradFi & Fintech

Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal

Janus Henderson Investors, the $480 billion asset manager, has announced a four-part partnership with Ethena covering CLO fund distribution, a strategic ENA token investment, USDe treasury deployment, and exploration of exchange-traded instruments for USDe distribution.
Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network
TradFi & Fintech

Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network

JPMorgan, Citi, Bank of America, Wells Fargo, and more than a dozen peers have announced a joint initiative to put commercial bank deposits onchain, operated by The Clearing House and targeting a first-half 2027 launch.
BitMine Files for $300M Preferred Stock Offering at 9.5% Yield to Expand ETH Treasury
TradFi & Fintech

BitMine Files for $300M Preferred Stock Offering at 9.5% Yield to Expand ETH Treasury

BitMine Immersion Technologies filed a 424B5 prospectus supplement to raise up to $300 million through Series A Perpetual Preferred Stock at a 9.5% cumulative dividend — applying Strategy's STRC capital-markets playbook to a corporate Ethereum treasury sitting on $9.2 billion in unrealized losses.
Western Union Deploys USDPT on Bybit's Fiat Channels in Latin America
TradFi & Fintech

Western Union Deploys USDPT on Bybit's Fiat Channels in Latin America

Western Union has made its USDPT stablecoin available on Bybit's fiat channels in Latin America, making Bybit the first major crypto exchange to integrate USDPT — arriving two days after MoneyGram launched its own rival dollar token on Stellar.
Visa and Brale Test Privacy-Enabled SBC Stablecoin Settlement on Canton Network
TradFi & Fintech

Visa and Brale Test Privacy-Enabled SBC Stablecoin Settlement on Canton Network

Visa and stablecoin issuer Brale are piloting settlement using SBC, a U.S. dollar-backed stablecoin, on Canton Network, the privacy-preserving institutional DLT, testing whether blockchain settlement can meet bank-grade compliance requirements.
Deel Deploys Stripe's Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD
TradFi & Fintech

Deel Deploys Stripe's Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD

Deel is the first enterprise to combine Bridge, Privy, and Tempo in a single product, issuing a custom USD-denominated stablecoin for 1.5 million contractors across 150 countries, starting in Argentina.