Tether Holdings SA, Cantor Fitzgerald and SoftBank Group have partnered to establish a new firm. They are pleased to announce the launch of Twenty One Capital, a fund dedicated to investing in Bitcoin. So far, the venture is on track to be one of the biggest public holders of the...
Ripple Labs has clearly laid the groundwork to prevent itself from being caught flat-footed again. It has since shifted its goals to focus on becoming a major player in the global prime brokerage space. Ripple’s ambition is clearly on display with its announced acquisition of Hidden Road. They purchased the...
Binance is currently the largest cryptocurrency exchange in the world. It is nonetheless making impressive headway to chart a course through the labyrinth of US regulations. 2023 has been a challenging year for Binance. That left the company with a huge $4.3 billion penalty from U.S. regulators and a forced...
Frax, a decentralized stablecoin protocol that’s been stirring up quite the ruckus within the DeFi world, has brought on Vince Dowdle, former head of product at Mastercard. This 180-degree turn marks the increasing trend of traditional finance executives joining the decentralized finance space. It’s a sign that the long-anticipated connection...