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
There have been rumors circulating that a hacker on the dark web leaked what they said was a treasure mine of confidential user information from Prediction markets platform Polymarket, but the company has disputed the claims. On Tuesday, numerous X accounts that monitor the dark web—including cybersecurity firm Vecert Analyzer—shared pictures
The exploratory phase of the worldwide regulatory framework for digital assets has been surpassed by full enforcement. Frameworks are active, enforceable, and increasingly in line with conventional financial regulation in many important countries, such as the United States, the European Union, Hong Kong, Singapore, the United Arab Emirates, Japan, Turkey, and
Recently, W3.io (W3) made an announcement on the launch of the first control platform for agent-powered finance on the Avalanche network. This platform is already capable of performing more than 200,000 processes per day across five different enterprise verticals. Businesses are able to build, automate, and govern their financial operations, and then
Coincident with the increasing number of cryptocurrency firms demonstrating their holdings onchain, online payment provider Block has introduced proof-of-reserves for its corporate Bitcoin treasury as well as its two main products, Cash App and Square. After unveiling the proof-of-reserves feature and other new features in Las Vegas on Monday, the
