金融科技公司 Payoneer 表示已向 Office of the Comptroller of the Currency（OCC）提交申请，拟设立国 家信托银行 PAYO Digital Bank, N.A.，以获得联邦监管资质，并开展稳定币收发、自有美元稳定币 PAYO-USD 发行及数字资产托管服务；此前 OCC 已向多家机构给予有条件批准，包括 Crypto. com、 Stripe 旗下 Bridge，以及 Ripple、Circle、BitGo、Fidelity Digital Assets 和 Paxos。（The Block） （来源：吴说） 来源：市场资讯 ...

Investment Rating - The report indicates a strong positive outlook for the fintech sector, with significant growth in venture capital (VC) activity and deal values, suggesting a favorable investment environment for 2026. Core Insights - Fintech VC deal value surged in Q4 2025 to $17.3 billion, a 114.3% year-over-year increase, bringing the full-year total to $42.8 billion, the highest since 2022 [9][11] - Median fintech deal sizes increased across all stages in 2025, reflecting a shift toward larger rounds and higher capital concentration, driven by AI premiums [9][12] - B2C fintech drove Q4 megadeals, while enterprise fintech is expected to dominate investor attention in 2026 [9][13] - Exit activity reached its highest level since 2021, with $67.6 billion in total value, indicating a robust IPO and deal pipeline for 2026 [9][21] Fintech Landscape - The fintech landscape includes various segments such as alternative lending, capital markets, commercial finance, payments, and wealthtech [7] Quarterly Analysis - VC funding for fintech companies was robust in Q4 2025, with a total deal value of $17.3 billion, up 86.7% quarter-over-quarter and 114.3% year-over-year [11] - The overall median deal size in 2025 was $6 million, up 25.4% from 2024, with significant increases across all stages [12] - Enterprise fintech captured 58.3% of total fintech VC deal value in 2025, while B2C fintech saw larger deals in Q4 2025 [13] Thematic Updates - Stablecoin adoption is expected to grow significantly in 2026, with a market cap increase of 45.9% year-over-year to $299 billion [34][35] - Tokenization of real-world assets is accelerating, with major financial institutions adopting blockchain technologies for efficiency [38][39] - Prediction markets are emerging as a significant financial asset class, with weekly volumes surpassing $5 billion [45][46] Fintech VC Deal Summary - In 2025, the top fintech segments by VC deal value were credit & banking ($8.5 billion), wealthtech ($8.3 billion), and payments ($6.5 billion) [19] - Notable Q4 deals included Revolut's $3 billion round and Polymarket's $2 billion Series D [20] VC Exits - In 2025, disclosed VC exit value rose 272.2% year-over-year to $67.6 billion, with a significant number of public listings contributing to this increase [21][28] - Key acquisitions in Q4 included Xero's $2.5 billion acquisition of Melio and Ripple's $1.3 billion acquisition of Hidden Road [24][63]

（来源：吴说） 吴说获悉，BitGo 与 Figure Technology Solutions 宣布，在 Figure 旗下另类交易系统（Alternative Trading System，ATS）完成首笔区块链原生股票交易。相关交易通过其链上公开股票网络（Onchain Public Equity Network，OPEN）在 Provenance 区块链上执行并实现链上结算，BitGo Bank & Trust, N.A. 作为 合格托管机构（qualified custodian）提供资产托管服务。 ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stripe subsidiary Bridge has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency, the company said Tuesday in a blog post. A search of the OCC’s database shows Bridge’s application, filed in October, was conditionally approved Feb. 12. Under such a license, Bridge would be allowed to issue stablecoins, ...

Core Viewpoint - Bridge, a stablecoin infrastructure company under Tripe, has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, allowing it to issue and manage stablecoins under a federal regulatory framework [1] Group 1 - The OCC's conditional approval enables Bridge to engage in digital asset custody and reserve management services [1] - The final approval timeline from the OCC has not yet been disclosed [1] - Other institutions such as Circle, Ripple, and BitGo also received similar conditional approvals from the OCC in December of the previous year [1]

Wall Street Loves This Crypto IPO. Bitcoin's Slide Isn't a Problem, Analysts Say - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Wall Street Loves This Crypto IPO. Bitcoin's Slide Isn't a Problem, Analysts Say.By [Paul R. La Monica]ShareRes ...

Group 1 - BitGo has experienced a significant decline since its IPO in January, indicating potential volatility in its stock performance [1] - Despite the downturn, analysts maintain a positive outlook on BitGo, suggesting confidence in the company's long-term prospects [1] Group 2 - The crypto wallet industry continues to attract attention, with firms like BitGo positioned to capitalize on the growing demand for secure digital asset management [1] - Analysts highlight the importance of innovation and security in the crypto wallet sector, which could drive future growth for companies like BitGo [1]

Core Insights - FTX's bankruptcy estate is set for its final major distribution phase in March 2026, concluding a recovery process that began after the exchange's collapse in November 2022 [1] - Significant asset recoveries and reduced disputed reserves may lead to substantial benefits for ETH holders [1] Distribution Details - The final distribution phase targets larger claims of $50,000 or more, with approximately $1.7 billion expected to be disbursed as part of a broader $9.6 billion settlement framework [2] - The Delaware Bankruptcy Court approved a reserve reduction, which has increased projected recovery rates to potentially reach 155% to 160% in some cases [2][4] Creditor Obligations - A creditor representative indicated that this distribution phase addresses the majority of remaining customer obligations, including some non-customer claims, although procedural requirements such as KYC verification must be completed [3] - Regulatory restrictions in 49 jurisdictions, including China, may limit participation for some claimants [4] Valuation and Recovery Rates - At the time of FTX's bankruptcy filing on November 11, 2022, Ethereum was valued at approximately $1,287, and creditor claims were calculated based on this asset price [5][6] - Projected recoveries for creditors could range from 119% to as high as 160% of petition-date claim values, with ETH holders potentially receiving cash payouts equivalent to roughly $2,000 per ETH [6] Financial Allocations - A total of $7.8 billion is allocated for large claims, while $780 million is designated for smaller claims [7] - The disputed claims reserve has been reduced from $4.6 billion to $2.4 billion, freeing up additional liquidity for distributions [7]

LATEST: ⚡ Crypto ETP issuer 21Shares has expanded its partnership with BitGo to include regulated custody and staking services across the US and Europe. https://t.co/WzXFkDDxub ...

🔥 TODAY: BitGo expands its partnership with 21Shares to provide staking and custody across the US and EMEA. https://t.co/GVWAD33hSH ...