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TradFi & Fintech

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TradFi & Fintech

Ripple Applies for US Banking License, Heating Up Domestic Stablecoin Race

A growing number of crypto firms have applied for banking licenses or are thinking of doing so as TradFi and crypto continue to mingle.
Robinhood walled garden cover image
TradFi & Fintech

Robinhood’s Stock Tokens Face Scrutiny from OpenAI, Blockchain Researchers

Robinhood’s tokenized stock rollout is raising eyebrows, as OpenAI distances itself and some suggest the stock tokens may actually operate in a “walled garden.”
BitMine launches ETH treasury
TradFi & Fintech

Bitcoin Firm BitMine's Stock Surges Almost 700% on ETH Treasury Plan

The Bitcoin mining-focused company is now turning to Ethereum as a treasury asset.
Circle Applies for US Trust Bank License
TradFi & Fintech

Circle Applies for US Trust Bank License

If approved, Circle would be permitted to act as its own custodian and also hold digital assets on behalf of institutional partners.
Top Financial Advisor Ric Edelman Recommends 40% Crypto Allocation for Aggressive Investors
TradFi & Fintech

Top Financial Advisor Ric Edelman Recommends 40% Crypto Allocation for Aggressive Investors

“Owning crypto is no longer a speculative position; failing to do so is,” said the founder of Edelman Financial Engines, which has $300 billion in AUM.
Solana Staking ETF to Launch Wednesday
TradFi & Fintech

Solana Staking ETF to Launch Wednesday

The approval may pave the way for the staking of other ETF assets, such as ETH and BTC.
Robinhood launches blockchain
TradFi & Fintech

Robinhood Unveils Native Blockchain, Tokenized Stocks, and Perpetual Futures

The financial services provider released a flurry of headlines at its keynote event in Cannes, including its own native blockchain.
Crypto for loans
TradFi & Fintech

FHFA Orders Fannie Mae, Freddie Mac to Consider Crypto as Asset for Mortgage Eligibility

The new order directs the mortgage giants to consider crypto held on U.S. CEXs as assets in mortgage risk assessments.
Barclays to Ban Crypto Purchases via Credit Card
TradFi & Fintech

Barclays to Ban Crypto Purchases via Credit Card

The British banking giant remains skeptical of cryptocurrency and will not allow clients to purchase crypto with the bank’s credit card after June 27.
Nano Labs Reveals Plans to Build $1 Billion BNB Treasury in Major Web3 Push
TradFi & Fintech

Nano Labs Reveals Plans to Build $1 Billion BNB Treasury in Major Web3 Push

Nano Labs’ stock briefly surged 60% following the announcement.