figures set to make its debut on the NASDAQ today were awaiting the start of trading there after the stable coin issuer raised more than $787 million in its US IPO on Wednesday. Meanwhile, crypto exchange Gemini, founded by Tyler and Cameron Wigglews, boosted the price range for their IPO planned for Friday. So, how much gas does the crypto frenzy on Wall Street have in the tank.Joining me at the desk, David Grider, Fality Capital Partners, head of liquid investments, which invests in things like we are dis ...

Partnerships and Expansion - Ripple is partnering with BBVA to expand its institutional-grade digital asset custody technology to Spain, responding to growing customer demand for crypto assets [1][10] - BNY Global has been selected as the primary reserves custodian for RLUSD, managing $50 trillion in assets [5] - Deca Bank is rolling out crypto trading and custody services for institutions built on Ripple custody [6] - DZ Bank, part of a network of 700 cooperative banks in Germany, is using Ripple custody for tokenized bonds and crypto assets [7][8][9] Ripple's Technology and Services - Ripple custody provides a secure and compliant solution for tokenized assets, including crypto assets [10][25] - Ripple's custody technology enables financial institutions to offer crypto trading to their customers [20] - XRP is highlighted as a key component for tokenized assets on the XRP ledger [23][24] - Ripple provides custody technology to BBVA in Turkey and Switzerland [28] Market Trends and Regulatory Environment - Banks are embracing digital assets due to regulatory clarity from frameworks like the EU's MiCA regulation [19][26] - Financial institutions want to offer crypto trading to their customers [19] - BBVA has 772 billion euros in assets and 772 million customers [21]

Summary of State Street Conference Call Company Overview - **Company**: State Street - **Key Executives**: Joerg Ambrosius (President of Investment Services), John Woods (Chief Financial Officer) Core Industry Insights - **Investment Services**: State Street's largest business segment, which includes custody, fund accounting, fund services, and financing [doc id='12'] - **Private Markets**: A significant growth driver, with a 19% year-over-year revenue increase, representing 10% of overall fee revenue [doc id='17'] Key Points and Arguments 1. **Leadership Transition**: John Woods is new to the CFO role, bringing experience from Citizens Financial Group, while Joerg Ambrosius has been in his role for about a year, focusing on strategic growth [doc id='1'][doc id='3'] 2. **Strategic Priorities**: - Delivering performance expectations for 2025 and beyond - Optimizing the balance sheet for client-facing activities - Enhancing productivity and efficiency [doc id='6'][doc id='9] 3. **Sales Performance**: State Street is on track to meet its sales target of $350 million to $400 million for the year, with Q2 sales alone reaching $145 million, matching total sales from 2020 [doc id='13'][doc id='14'] 4. **Revenue Growth**: Fee revenue is expected to grow by 5% to 7% in 2025, driven by market conditions and core business momentum [doc id='22'] 5. **AI Integration**: State Street is leveraging AI for operational efficiencies, particularly in reconciliations and fund accounting, with a focus on responsible and ethical AI deployment [doc id='30'][doc id='32'] 6. **Digital Assets Strategy**: The company is actively participating in digital asset custody and providing services for crypto ETFs, aiming to bridge traditional and digital asset ecosystems [doc id='35'][doc id='36'] 7. **Stablecoins**: State Street views stablecoins as a key element of the future financial ecosystem and is already supporting them in various forms [doc id='40'] 8. **M&A Strategy**: The partnership with Apex is seen as a strategic move to enter the wealth servicing business, with a high bar for future M&A activities [doc id='54'][doc id='56'] Additional Important Insights - **Operating Environment**: The macroeconomic backdrop includes uncertainties such as inflation and unemployment, but there is optimism for a risk-on environment with equities at all-time highs [doc id='19'][doc id='20'] - **Productivity Gains**: State Street has achieved $1.3 billion in cumulative productivity gains over three years through operational efficiencies [doc id='27] - **Client-Centric Approach**: The organization emphasizes a client-first mindset to overcome silos and enhance client relationships [doc id='50'] This summary encapsulates the key insights and strategic directions discussed during the State Street conference call, highlighting the company's focus on growth, innovation, and client service in the investment services industry.

🔑 : EXCLUSIVE: @AmericanBTC co-founder and CSO, @EricTrump, says "de-banking was 100% the catalyst" that got his family into digital assets, praising crypto innovators and highlighting the "American initiative" behind their involvement.Thank you to @Midnightntwrk 👋 for being a sponsor of the CoinDesk media network. ...

🔑 EXCLUSIVE: @ABTC co-founder and CSO, @EricTrump, says "de-banking was 100% the catalyst" that got his family into digital assets, praising crypto innovators and highlighting the "American initiative" behind their involvement.Thank you to @MidnightNtwrk 👋 for being a sponsor of the CoinDesk media network. ...

Digital Asset Advocacy - Eric Trump stated his father supports digital assets and embraced the digital revolution after taking office [1] - This support led to a 180-degree shift in the United States' approach to digital finance [1] Personal Experience & Motivation - The Trump family faced suppression from the banking system, influencing their involvement in the crypto industry [1] Global Impact - The shift in US policy influenced the policy paths of many countries worldwide [1]

RT Sei (@SeiNetwork)Congrats to @OndoFinance on the landmark launch of Ondo GM.As a pioneer of tokenization with ~$1.5B in TVL, Ondo is now targeting the $64T equities market - a move that underscores the scale and speed required for the next era of digital assets.With Ondo set to launch USDY on Sei, and Sei emerging as a high-performance settlement layer for RWAs, the alignment is clear: Ondo is redefining digital asset markets, and Sei is the infrastructure to power them at global scale.Markets Move Faste ...

Core Viewpoint - Next Technology Holding Inc. has entered into a definitive agreement for a registered direct offering of 60 million shares at a price of $0.15 per share, aiming to raise approximately $9 million in gross proceeds [1][2]. Group 1: Offering Details - The offering consists of 60,000,000 shares or pre-funded warrants at a purchase price of $0.15 per share, with the exercise price for the warrants set at $0.001 per share [1]. - The transaction is expected to close on or about September 3, 2025, pending customary closing conditions [2]. - The offering is made under a shelf registration statement previously filed and declared effective by the SEC [3]. Group 2: Company Overview - Next Technology Holding Inc. was incorporated in Wyoming on March 28, 2019, and operates on a dual-engine strategy of "AI plus digital assets" [5]. - The company provides AI-enabled SaaS software design, development, and implementation services to industrial clients, primarily in the Asia-Pacific region [5]. - The company views Bitcoin's finite supply as a potential hedge against inflation and believes it positions the asset for long-term appreciation as global adoption increases [5].

Proud moment: our COO @usithetalk takes the stage at the World Leaders Forum.A testament to our commitment to ethical, impactful dialogue on the future of digital assets 🚀#EventwithBitget https://t.co/B4kYVE3hQC ...

@cz_binance Onto the fireside chat with @ellazhang516 of @yzilabs and Yin Ching Hui of China Renaissance, where they share valuable insights on institutional adoption of digital assets 👇 https://t.co/PI348USBQY ...