Core Insights - SoFi Technologies has launched SoFi Crypto, allowing consumers to bank, borrow, invest, and now purchase, sell, and hold crypto-assets [1] - The launch comes at a time of increasing interest in digital assets, highlighting the demand for regulated platforms [2] Group 1: SoFi Crypto Features - Members can buy, sell, and hold cryptocurrencies such as Bitcoin, Ethereum, and Solana [1] - 60% of SoFi members who own crypto prefer to transact with a licensed bank rather than their primary crypto exchange [2] - SoFi aims to integrate blockchain technology into its ecosystem for global crypto-powered remittances [2] Group 2: Security and Accessibility - The platform offers institutional-level security and rigorous compliance standards, overseen by national bank regulators [3] - Members can instantly buy crypto using funds from their SoFi Money Checking or Savings account without transferring money [3] - SoFi provides in-app education and guidance to help members understand crypto and make informed decisions [3]

JPMorgan Chase & Co. (NYSE: JPM) has come a long way when it comes to crypto. At one point, they used to look at anything blockchain or digital assets with skepticism. CEO Jamie Dimon, who famously called Bitcoin a “fraud” in 2017, has since softened his stance, acknowledging that “the blockchain is real.” Analysts view the move as a full-circle moment for Wall Street’s largest bank, signaling crypto’s acceptance in mainstream finance. But the bank has now made another milestone move that reinforces the ...

VCI Global (VCIG) Limited announced that Tether, a stable-coin issuer, is set to emerge as the largest shareholder of VCIG following the completion of a $100M OOB token digital-asset-treasury transaction. Tether has a market capitalization of approximately $180B and maintains tens of billions of U.S. Treasury bills and cash equivalents in reserve. Following the transaction, VCIG will integrate the OOB token within its $100M digital-treasury initiative to support future AI, fintech, and blockchain projects ...

Circle Internet Financial reported USDC circulation reached $73.7 billion at the end of Q3 2025, marking 108% growth year-over-year, while exploring a native token for its Arc Network blockchain. The company posted net income of $214 million for the three months ending September 30, according to Circle’s Q3 earnings release. Total revenue and reserve income reached $740 million, up 66% from the prior year period, with adjusted EBITDA of $166 million representing a 78% year-over-year increase. Average USD ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Telcoin received final charter approval Wednesday from the Nebraska Department of Banking and Finance to launch Telcoin Digital Asset Bank, authorizing the bank to take crypto deposits, provide crypto loans and connect to coveted Federal Reserve payment rails. With its charter approval, TDAB launches its own stablecoin, eUSD, backed by U.S. dollar deposits and short- ...

Financial Data and Key Metrics Changes - USDC in circulation grew 108% year over year to $73.7 billion, reflecting strong market share expansion [8][23] - Total revenue and reserve income increased 66% year on year to $740 million, with adjusted EBITDA growing 78% year on year to $166 million, resulting in a 57% adjusted EBITDA margin [9][25] - Reserve return rate was 4.15%, down 96 basis points year on year due to a decline in SOFR [23] Business Line Data and Key Metrics Changes - Circle Payments Network (CPN) saw over 100 times growth in monthly total payment volume, reaching an annualized transaction volume of $3.4 billion [20][21] - On-chain transaction volume using USDC grew 580% year over year to $9.6 trillion [9][12] - CCTP (Cross-Chain Transfer Protocol) volume increased approximately 640% year over year to $31.3 billion [12][13] Market Data and Key Metrics Changes - Circle's share of the stablecoin market grew to 29%, with stablecoins in circulation increasing 59% year over year [10][11] - USDC's market share in stablecoin transaction volumes expanded to 40% in Q3, reflecting strong competitive positioning [11] Company Strategy and Development Direction - The company aims to build a full-stack Internet financial platform, focusing on blockchain networks, digital assets, and application utilities [5][8] - Circle is exploring the launch of a native token on the ARK network to drive utility, incentives, and governance [10][18] - The company continues to expand its stablecoin network across more chains, with five new chain launches this quarter [10][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth of USDC circulation and the overall stablecoin market, driven by regulatory clarity and technological advancements [43][44] - The company is focused on building partnerships with quality participants to enhance network value and operational capabilities [32][60] - Management does not provide detailed quarterly guidance but has increased full-year guidance for other revenue to $90-100 million [26][28] Other Important Information - The ARK public testnet launched with over 100 major participants from various sectors, indicating strong industry interest [17] - The company has seen significant adoption across various use cases, including payments and capital markets, with partnerships with leading firms [15][19] Q&A Session Summary Question: Insights on CPN pipeline and monetization - Management highlighted the focus on quality participants and operational capabilities for CPN, emphasizing the importance of meaningful flows [30][32] - Monetization will focus on creating value for network participants rather than extracting value directly [34][35] Question: Reaction to Fed's involvement in crypto - Management expressed alignment with the Fed's view, emphasizing Circle's role in the emerging on-chain financial system [40][41] Question: Market share gains and regulatory impact - Management noted that growth in market share is driven by regulatory clarity and advancements in technology, leading to increased adoption by major financial institutions [43][44] Question: Exploration of a native token for ARK - Management discussed the potential benefits of a native token for ARK, focusing on stakeholder incentives and governance [50][51] Question: Demand insights and M&A interest - Management indicated strong demand for direct liquidity and efficient capital movement, with ongoing M&A activity to accelerate growth [66][67]

Franklin Templeton has expanded its proprietary Benji Technology Platform to the Canton Network, a private blockchain for regulated institutions, in a move aimed at deepening its role in the fast-paced market for tokenized financial products. The integration allows the $1.5 trillion asset manager to offer its tokenized funds and investment vehicles to banks, market makers, and trading firms active on Canton’s Global Collateral Network. It’s meant “to deliver a private blockchain option alongside the interop ...

As the interest in blockchain companies has significantly increased rather than investing into #Crypto tokens.The same can be concluded for Quantum Computing, which means that my interest is also getting broader than crypto alone.$BTQ is interesting.They are the first vertically integrated quantum company.Through their acquisition of QPerfect, they can to design, test and deploy proprietary quantum-secure infrastructure.Overall, the chart has seen a hype run in the previous month and has been going down in ...

Circle Internet Group (NYSE:CRCL) Q3 2025 Earnings Call November 12, 2025 08:00 AM ET Speaker0Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to the Circle Group Circle Internet Group Third Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. I would n ...

(Reuters) -Cryptocurrency exchange Coinbase is departing Delaware and reincorporating itself in Texas, the company said in a regulatory filing on Wednesday,​ citing the new business hub's growing attractiveness for innovative companies. Texas is ‌establishing itself as the new darling of Corporate America by drawing companies with its favorable business environment, ‌friendlier tax rules, lighter regulatory requirements, and new legislation aimed at establishing specialized business courts. Several compa ...