Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserve...
Polymarket Sets November V2 Move, But Testing Comes First
TLDR Polymarket has started canary testing for its rebuilt Protocol V2 system. The platform tentatively plans to move new markets...
OKX Targets Finance Beyond Crypto Trading
TLDR Circle, Ripple, QRT, and SC Ventures have invested in OKX. The latest financing keeps OKX’s pre-money valuation at $25 billio...
Arbitrum Eyes Stablecoin Revenue With USDG Launch
TLDR Arbitrum joined the Global Dollar Network as Paxos-issued USDG launched across its ecosystem. USDG gives Arbitrum access to r...
Why Brevan Howard Is Expanding Its Ripple Prime Relationship
TLDR Brevan Howard will expand its use of Ripple Prime for brokerage, clearing, and financing services. The investment manager ove...
Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collater...
Pantera Capital and Bullish also participated in the ANVL purchase as Anvil rolls out software designed to make its collateral pro...
$9.4B Weekend Reshapes Prediction Markets—Who Is Gaining Ground?
TLDR Prediction markets recorded more than $9.4 billion in weekend notional trading volume. Kalshi led with $7.13 billion, with fo...
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto e...
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized...
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dolla...
The Ethereum layer-2 is backing Paxos-issued USDG to earn a share of reserve income as new stablecoin alliances compete for distri...
OKX looks to abstract blockchain mechanics to bring stablecoin balances to every...
OKX appears to be designing products to keep the blockchain element abstracted or out of sight for users who simply want to hold d...