Standard Chartered venture arm, SC Ventures, plans to raise $250 million for a fund dedicated to digital assets in the financial services sector, Bloomberg reported. The fund is expected to launch in 2026, with participation from investors in the Middle East. Operating member Gautam Jain revealed the plans during the Money 20/20 fintech event in Riyadh on Monday, signaling the firm’s intention to expand its role in the growing global fintech and digital assets ecosystem. According to Jain, the capital wi ...

Accessibility StatementSkip Navigation Company to Issue Treasury and Mining Updates Every Tuesday LAS VEGAS, Sept. 16, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), today announced that its wholly owned subsidiary, Sentinum, Inc. ("Sentinum"), plans to liquidate its current holdings of approximately $100,000 $XRP in favor of pursuing a Bitcoin only treasury strategy. This update marks the first step in the Company's $1 ...

For builders.By builders.@Apillonhttps://t.co/IlqqCcXQQs ...

Core Insights - John Egan, head of crypto at Stripe, has left the company to become the first chief product officer at Polygon Labs, focusing on enhancing Polygon's stablecoin payments capabilities [1][2] - Egan's departure comes as Stripe prepares to launch its Tempo blockchain, which will compete directly with Polygon in the stablecoin payments sector [2][4] - The crypto industry is experiencing significant momentum, particularly in stablecoin payments, following regulatory support from the Trump administration [3] Company Developments - Egan's role at Polygon Labs will involve increasing adoption, scalability, and interoperability of its blockchain for stablecoin payments [1] - Stripe's Tempo, unveiled on September 4, is designed specifically for stablecoin payments and is incubated by Stripe and Paradigm, operating as a standalone entity [4] - Polygon has seen a resurgence in stablecoin payments, with a nearly 40% increase in monthly peer-to-peer stablecoin transaction volume since the beginning of the year [5] Market Context - The stablecoin market is expanding, with major banks like Bank of America, JPMorgan Chase, and Wells Fargo exploring their own stablecoin initiatives [4] - Polygon currently has almost $3 billion in stablecoins, nearing its record high, indicating strong market interest and activity [6] - Egan's previous experience includes significant roles at Stripe, where he was instrumental in blockchain integration and led major acquisitions, including a $1.1 billion purchase of Bridge [7][8]

Core Insights - The London Stock Exchange Group (LSEG) has launched a blockchain-based platform for private funds, marking a significant advancement in digital market infrastructure [1][2] - The platform, known as Digital Markets Infrastructure (DMI), aims to enhance efficiency and scalability throughout the asset lifecycle, from issuance to settlement [1] - MembersCap and Archax are the first clients to utilize DMI, successfully completing a transaction that raised funds for MembersCap's MCM Fund 1 [2][3] Industry Context - The introduction of DMI is seen as a milestone in the integration of blockchain technology within regulated financial markets, highlighting a growing demand for interoperable solutions [3] - Traditional finance (TradFi) exchanges are increasingly adopting blockchain technology to improve operational efficiency and reduce costs, as evidenced by Nasdaq's recent proposal to tokenize stocks for blockchain trading [4]

RT Milk Road (@MilkRoadDaily)Stablecoin usage hit a new peak this week.24.1M unique senders in a single month.That’s not traders rotating bags, it’s real money moving at scale across Tron, Solana, and Ethereum.Who needs a bank anyway? https://t.co/qpwTkTg334 ...

RT Token Terminal 📊 (@tokenterminal)Transaction fees are no longer a blocker for the mainstream adoption of blockchain-based applications, with Solana's fees at $0.005.What does this mean?It means that blockchain-based applications can start to move beyond high-value financial use cases to consumer social, etc. ...

ULTRA KOREA is taking festivals on-chain 🔺Fans can now buy VVIP packages with stablecoins.In partnership with @OfficialEqbr and powered by Avalanche, payments are fast, secure, and seamless for festival-goers worldwide. https://t.co/2pbzYrPs1F ...

UK trade groups urged the government to include blockchain technology in any deal on cooperation in technological innovation it signs with the US, ahead of President Donald Trump’s visit next week https://t.co/fc7Xr4JWWa ...

Welcome back. Several high-profile crypto companies entering the public markets this week. Tana McKiel is at the NASDAQ as we await those public debuts.Tana, what will you be watching. Hey, Sarah. Yeah, let's start with Figure, the crypto lender.It's priced its IPO uh overnight and is set to begin trading today under the ticker FIGR. So, offering 31.5% million shares at $25 a piece. Indications right now at about 35.50%.Um and that is of course above the previously increased range of $20 to $22 valuing figu ...