The world-leading custodian, BNY, which is responsible for the custody of $59 trillion in assets, is extending its digital asset custody operations to the UAE via local partners. Regulatory digital asset infrastructure will be established in Abu Dhabi Global Market (ADGM), a financial free zone in Abu Dhabi that has attracted
In a strategic fundraising round headed by Mercury Fund and Notion Capital, OpenTrade, a stablecoin yield infrastructure platform used by fintechs and exchanges, has received $17 million. The business recently handled more over $250 million in transactions in 2025 and exceeded $200 million in total value locked (TVL). AlbionVC, CMCC
Today, Kresus, a blockchain infrastructure firm and Canton Network implementation partner, announced a partnership to assist businesses and organizations in various sectors in designing, developing, and implementing blockchain applications in real-world settings. The partnership will support them at every stage of the process, from initial integration to full-scale launch. The partnership
U.S. Treasury Secretary Scott Bessent said on Wednesday that as part of a comprehensive economic pressure campaign against Tehran, the US had confiscated approximately $500 million worth of cryptocurrency assets from Iran. During an appearance on Fox Business’s “Kudlow,” Bessent explained the extent of Operation Economic Fury, a campaign launched
The next phase of Web3 adoption will not be defined by retail participation or speculative cycles, but by whether institutions can meaningfully engage with blockchain-based systems. Financial institutions, asset managers, healthcare organizations, and governments bring with them not only capital, but also stringent requirements around compliance, data protection, and operational
Today, Nexo, the leading digital asset wealth platform, announced that Solana’s SOL and Ripple’s XRP are now supported collateral assets for its Zero-interest Credit (ZiC). With this move, Nexo joins the current BTC and ETH collateral options as the first platform to provide 0% APR, no-liquidation lending backed by either asset. ZiC,
US tech behemoth Meta is planning to expand to other regions after launching USDC payouts for creators on its platforms in Colombia and the Philippines. Faster Settlement with USDC Participating creators will have their payments sent straight to their Solana or Polygon blockchain wallets. According to Wednesday’s release, however, an external exchange is necessary
Mezo Prime, a product intended to provide institutional investors and corporate treasuries access to Bitcoin yield and lending on Mezo, was introduced today by Mezo, a Bitcoin-native finance platform. Bullish is a key go-to-market client for the product, which is developed in collaboration with Anchorage Digital Bank, the nation’s first federally
In order to provide a regulated institutional framework for involvement in blockchain-based financial markets, Real Finance and Wiener Privatbank established a strategic alliance. In order to provide institutional customers access to on-chain financial products within a framework that complies with European regulatory norms, the partnership focuses on integrating conventional banking
Leading digital payments platform Stables today established a strategic alliance with eStable to combine local stablecoin issuance capabilities with institutional-grade banking infrastructure. Through the partnership, Stables’ developer clients may utilize institutional rails for smooth transitions between fiat and stablecoins. By enabling institutional settlement and local currency stablecoin issuance backed by
