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The Bank of England (BOE) will relax proposed restrictions on stablecoin holdings, amid pressure from digital asset industry players, the Financial Times reported on Thursday. Deputy Governor for Financial Stability Sarah Breeden said the central bank’s initial plan to limit individual holdings to a maximum of 20,000 pounds ($27,000) per coin may have been “too…
Strive (ASST) said its preferred shares will begin paying cash dividends every business day starting June 16, a first in the history of a U.S.-listed security. Calling the daily dividend structure a “zero-to-one innovation,” CEO Matthew Cole positions SATA as a cash yield vehicle designed to compete with and improve upon traditional money market alternatives….
Coinbase (COIN) is expanding its presence on Hyperliquid (HYPE), one of the fastest-growing exchange networks for cryptocurrencies, by becoming the official vault deployer of USDC on the blockchain, the company announced Thursday. The move gives Coinbase a central role in managing USDC liquidity on Hyperliquid through the network’s Aligned Quoted Assets (AQA) framework. The system…
Bitcoin’s on-chain indicators are flashing their most constructive signals since early February, but underlying seller behavior and derivatives positioning suggest the path to new highs won’t be easy, Bitfinex said in an analyst note to CoinDesk on Thursday. Long-term holders have increased their Bitcoin holdings by 300% to nearly 4 million tokens since late 2025,…
Turnkey has raised $12.5 million in a strategic investment round backed by Archetype, Circle Ventures and existing investors, bringing its total funding to more than $65 million. Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, Sequoia Capital and Variant are also involved. This funding follows Turnkey’s $30 million Series B round last year, led by Bain…
Digital bank Fasset has raised $51 million to expand its stablecoin-powered banking platform, the latest sign that fintech companies are increasingly building financial services on blockchain rather than traditional payment networks. Investors in the Series B round include Japan’s SBI Group, Investcorp and Turkish asset manager Arz Portföy, the Los Angeles-based company said Thursday. The…
The new liquidity network, backed by the likes of BlackRock (BLK) and Janus Henderson (JHG), aims to make the $15 billion tokenized treasury fund market work better than its traditional peers. Blockchain-based credit infrastructure specialist Grove on Thursday launched a facility designed to provide instant stablecoin liquidity to investors exiting tokenized real-world asset funds. The…
Payward, the parent company of cryptocurrency exchange Kraken, is partnering with asset manager Franklin Templeton to expand the use of tokenized financial products for institutional investors. The companies said on Tuesday they would develop a range of blockchain-based investment products, including tokenized income products, tokenized shares and custody services related to digital assets. The move…
Americans are sending a clear message to Washington: The United States should lead the future of digital finance, not fall behind as other countries set the rules. A new national survey of registered voters by HarrisX found that 70% said the U.S. should have passed cryptocurrency legislation, 62% said it was important for the U.S….
Blockchain analytics firm Elliptic said it raised $120 million in new funding from investors including Nasdaq Ventures and Deutsche Bank as financial institutions increase spending on crypto compliance and security infrastructure. The round, led by growth equity firm One Peak, values the London-based company at $610 million, according to a press release Tuesday. British Business…