Irvine, CA, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTC: VMNT) announced today that it has completed the acquisition of the remaining 49% equity interest in XPLOR Technology Pte. Ltd. (“XPLOR”), the Singapore-based parent company of ONUS Pro, a leading digital asset exchange platform serving Southeast Asia. With 100% ownership of XPLOR and the ONUS Pro ecosystem, the Company believes it now has a solid financial and structural foundation as it continues advancing ...

By Arasu Kannagi Basil and Pritam Biswas (Reuters) -Circle's third-quarter profit beat Wall Street expectations on Wednesday, driven by higher reserve income amid ​rising circulation of its flagship stablecoin, but shares fell on concerns over potential ‌competition and valuation. Global adoption of stablecoins — digital tokens backed by low-risk assets such as the U.S. ‌dollar or Treasuries — is gaining momentum as traditional financial firms roll out new offerings in the space and regulators worldwide ...

Image source: Getty ImagesOn November 3, 2025, Lisanti Capital Growth, LLC disclosed a new position in The Bancorp (TBBK +0.32%), acquiring 98,156 shares in a trade estimated at $7.35 million.What happenedAccording to a filing with the Securities and Exchange Commission dated November 3, 2025, Lisanti Capital Growth, LLC reported a new stake in The Bancorp (TBBK +0.32%). The fund acquired about 98,156 shares, corresponding to an estimated $7.35 million in transaction value based on the period’s average pric ...

Columbia Threadneedle Investments, an investment management company, released its “Columbia Global Technology Growth Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets continued their upward journey in the third quarter, driven by strong earnings growth, continued enthusiasm around artificial intelligence (AI), and easing trade tensions. The composite returned 12.06% in the quarter, compared to the S&P Global 1200 Information Technology Index’s 12.82% return.  Po ...

Core Insights - OppFi Inc. (OPFI) is a technology-driven digital finance platform that specializes in marketing, underwriting, and servicing installment loans to consumers through partnerships with community banks [1] - The company does not finance loans directly but focuses on leveraging technology to enhance its services [1] Company Overview - OppFi operates as a digital finance platform, emphasizing technology in its loan servicing model [1] - The company collaborates with community banks to provide installment loans, indicating a partnership-driven approach to its business model [1] Industry Context - The digital finance sector is increasingly reliant on technology to streamline loan processes and improve customer experience [1] - Partnerships with community banks suggest a trend towards collaboration in the financial services industry, allowing for a broader reach and enhanced service offerings [1]

Core Insights - Tether's profit for the first three quarters of 2025 has exceeded $10 billion, surpassing some of the largest banks globally [1] Financial Performance - The substantial revenue is primarily derived from Tether's $135 billion in U.S. Treasury bills, which back every USDT token in circulation [2] - Tether's earnings are competitive with major financial institutions, outperforming Bank of America and closely trailing Goldman Sachs and Morgan Stanley, which earned around $12 billion [3] Asset Holdings - Tether is one of the largest non-government holders of U.S. debt, with over $6.8 billion in surplus reserves and a total USDT supply exceeding $174 billion after issuing over $17 billion in Q3 [4] Industry Impact - The scale of Tether's operations indicates that stablecoins have become significant players in the financial sector, challenging traditional institutions [5] - Tether's growing profits and reserves are likely to attract increased scrutiny from regulators and traditional financial entities, raising questions about oversight and risk management [6] Competitive Landscape - Tether's performance signals a shift in the financial landscape, where digital finance companies are now competing directly with legacy banks, marking a pivotal moment for both sectors [7]

Core Insights - Citi and Coinbase have formed a partnership to develop stablecoin payment capabilities for institutional clients, aiming to bridge traditional and digital finance [1][2]. Group 1: Partnership Details - The partnership will initially focus on streamlining fiat pay-ins and pay-outs, facilitating the conversion between traditional currency and cryptocurrency [2]. - Citi's head of payments and services highlighted the collaboration as a natural extension of their "network of networks" approach, enhancing payment capabilities across borders [3]. - Coinbase's head of crypto-as-a-service emphasized the importance of their infrastructure in supporting financial institutions to create effective products for their clients [4]. Group 2: Broader Context - Coinbase has established partnerships with 250 financial institutions globally, indicating a growing trend among U.S. banks to engage in crypto partnerships due to an improving regulatory environment [4]. - Other notable partnerships include Coinbase's collaboration with PNC to provide digital-asset access and with JPMorgan Chase [5]. - Coinbase also launched a bitcoin rewards credit card in partnership with American Express and Cardless, allowing customers to earn bitcoin with purchases [5].

Thunes has initiated cross-border payment services in Colombia in real-time, utilising Bre-B, the nation’s new instant system established by Colombia's central bank, Banco de la República. This initiative is part of Thunes' ongoing efforts to link real-time payment systems across the world to enhance financial inclusion by enabling quick and interoperable transfers. By incorporating Bre-B into its Direct Global Network, Thunes continues to assist central banks and regulatory authorities in the modernisat ...

Core Viewpoint - USBC, Inc. has announced a strategic partnership with Uphold and Vast Bank to launch the world's first retail tokenized deposit offering, which will provide global access to U.S. dollar-denominated tokenized deposits and accounts, enhancing the future of digital finance [1][5]. Group 1: Partnership Details - The partnership will allow Uphold's customers to open U.S. dollar deposit accounts, enabling the holding and transferring of digital representations of U.S. dollar deposits at Vast Bank on USBC's blockchain starting in 2026 [3]. - A non-binding Memorandum of Understanding (MOU) has been signed to finalize the terms of the partnership, with a definitive agreement expected in Q4 2025, subject to board and regulatory approvals [8]. Group 2: Product Features - USBC tokenized deposits are designed to be compliant with U.S. regulations, offering FDIC insurance eligibility and Reg E protections, distinguishing them from synthetic stablecoins [6][7]. - The product provides three key advantages: unparalleled safety, regulatory confidence, and programmable finance, enabling instant settlement and real-time international payments [7]. Group 3: Strategic Implications - This initiative is expected to accelerate revenue by increasing deposit volumes at Vast Bank and enhancing engagement with retail and institutional clients [6]. - USBC aims to solidify its position as a leader in digital finance by integrating traditional banking protections with blockchain technology, thereby expanding the global influence of the U.S. dollar [5][16].

Core Insights - Block, Inc. is valued at a market cap of $46.3 billion and focuses on building tools for digital economy participation [1] - The company is set to announce its fiscal Q3 earnings for 2025 on November 6, 2023 [1] Financial Performance - Analysts expect Block to report a profit of $0.25 per share for Q3 2025, a decrease of 56.1% from $0.57 per share in the same quarter last year [2] - For fiscal 2025, the expected profit is $1.02 per share, down 69.7% from $3.37 per share in fiscal 2024, but projected to rebound to $2.10 in fiscal 2026, representing a growth of 105.9% year-over-year [3] Stock Performance - Over the past 52 weeks, Block's stock has gained 11%, underperforming the S&P 500 Index's 16.4% return and the Technology Select Sector SPDR Fund's 26.7% rise [4] - Following a mixed Q2 performance, Block's shares fell by 4.5% in the next trading session, with total net revenue declining by 1.6% year-over-year to $6.1 billion, missing consensus estimates by 4.3% [5] Analyst Ratings - Wall Street analysts have a "Moderate Buy" rating for Block, with 25 out of 41 analysts recommending "Strong Buy," four suggesting "Moderate Buy," seven indicating "Hold," and five advising "Strong Sell" [6] - The mean price target for Block is $86.14, indicating a potential upside of 9% from current levels [6]