Core Insights - Banxa Holdings Inc. is progressing with its plan of arrangement with OSL Group, having received final court approval and shareholder consent [2][3] - The company has filed its unaudited financial results for Q1 FY26, which are available for review [4] Transaction Update - The Supreme Court of British Columbia approved the arrangement on November 20, 2025, following successful shareholder approvals from both Banxa and OSL Group [2] - Banxa has received change of control approval for money-transmitter licenses in 35 out of 37 designated U.S. states [2] - OSL Group has submitted all necessary documentation for its change of control application with the De Nederlandsche Bank and has responded to inquiries from the UK's Financial Conduct Authority [2] Financial Results - The unaudited financial results for Q1 FY26 have been filed and are accessible on the company's SEDAR+ profile [4] Company Overview - Banxa is a leading infrastructure provider for embedded crypto, facilitating seamless integration of crypto and fiat for businesses [5] - The company operates globally, with a focus on reducing fees and increasing conversion rates for crypto transactions [5]

Core Insights - Coinbase aims to integrate every global currency onto its layer-2 blockchain, Base, by the end of next year, promoting the issuance of stablecoins in various countries [1][3] - The stablecoin market has seen significant growth, with a 45% increase in market value in 2025 and over 73% year-over-year growth [2] - Currently, $298 billion of the $299 billion in stablecoins are pegged to the US dollar, indicating a substantial opportunity for other currencies to enter the crypto economy [3] Group 1: Coinbase's Strategy - Coinbase's Base blockchain currently hosts over $5.3 billion in crypto across more than 700 applications, positioning it as one of the largest blockchains [1] - The organization is encouraging businesses, including banks and fintech companies, to consider issuing stablecoins pegged to local currencies [2] - The goal is to facilitate easier on-chain transactions for users by allowing payments and loans in familiar local currencies, enhancing user experience [4] Group 2: Market Opportunities - By integrating local currencies into a global economy on Base, Coinbase aims to reduce cross-border financial barriers, making capital access and remittances easier for countries [5] - The adoption of alternative stablecoins is framed as a means to enhance local sovereignty and support economic growth in various countries [5] - The ambitious goal of integrating multiple currencies is expected to accelerate the global transition to on-chain financial systems [6]