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Bitcoin Depot Partners with Wild Bill's Tobacco for Multi-Store Pilot, Eyeing Wider Midwest Expansion
Globenewswire· 2025-11-19 13:00
Core Insights - Bitcoin Depot has announced a retail partnership with Wild Bill's Tobacco to install Bitcoin ATMs in 10 of its stores, with potential for future expansion across over 250 locations [1][2][3] - The partnership aims to enhance customer access to Bitcoin, making it simple and secure for consumers to purchase cryptocurrency while shopping for everyday items [2][3] - Bitcoin Depot has experienced significant growth in 2025, including international expansion into Hong Kong and multiple strategic partnerships [3] Company Overview - Bitcoin Depot, founded in 2016, operates the largest network of Bitcoin ATMs in North America, with over 9,000 kiosks across 47 states as of August 2025 [5] - The company focuses on providing users with an efficient way to convert cash into Bitcoin, facilitating its use in payments, spending, and investing [5] - Wild Bill's Tobacco, established in 1994, is the second largest tobacco retailer in the U.S. and has over 240 locations, known for its customer service and product selection [6]
Netcapital Partners to Integrate Primary Issuance and Blockchain-Native Secondary Trading
Globenewswire· 2025-11-19 13:00
Plans to support digital securities, tokenized real-world assets, and expanded private-market liquidity BOSTON, MA, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (“Netcapital” or the “Company”), a digital private-capital-markets ecosystem, today announced plans to expand its platform to include support for compliant blockchain-based digital assets, amid accelerating interest in tokenized securities and tokenized real-world assets (RWAs) like real estate. Since 2016, Netcapital’s S ...
Credit risk automation platform Kaaj raises $3.8M seed from Kindred Ventures
Yahoo Finance· 2025-11-19 13:00
Shivi Sharma spent a decade working in credit risk at places like American Express and Varo Bank. At some point, she realized teams were spending equal amounts of time analyzing all types of loans — regardless of whether it was worth $100,000 or $5 million — meaning assessing smaller loans was ultimately an unprofitable and time-consuming process for lenders. She and her husband, Utsav Shah, realized there was an opportunity here. “She watched as the vast majority of small business owners couldn’t acce ...
Interest Rates Pressuring Circle Stock?
Forbes· 2025-11-19 12:30
Core Insights - Circle Internet Group's stock has dropped approximately 40% in the past month, currently trading around $76, despite being valued at over two-and-a-half times its initial IPO price of $31 in June [2] - The company's third-quarter revenue increased by 66% year-over-year to $740 million, with adjusted EBITDA rising from $126 million to $166 million, but increased projected operating expenses have led to a sell-off [2] - The macroeconomic environment, particularly interest rates, poses challenges for Circle, as over 90% of its revenue comes from interest accrued on cash and Treasuries backing its stablecoins [3][4] Revenue and Growth - Circle's USDC stablecoin has seen significant growth, with circulation reaching $73.7 billion, a 108% increase year-over-year, and the company anticipates long-term annual growth of about 40% [5] - The growth of USDC is attributed to its increasing use in cross-border remittances, B2B transactions, and international treasury operations, rather than just crypto trading volume [5] Regulatory Environment - The passage of the GENIUS Act in July 2025 has established a federal framework for payment stablecoins, providing a more stable environment for banks, fintech companies, and corporations to integrate stablecoins into operations [6] Infrastructure Development - Circle is expanding its role beyond being a USDC issuer by developing payment infrastructure, including the Arc test network, which is attracting interest from over 100 companies [7] - The Arc network aims to facilitate quicker, programmable money flows, while the CPN off-chain payments network currently involves 29 institutions [7] Competitive Landscape - Circle's initiatives position it in direct competition with major payment players like Visa and Mastercard, as well as existing crypto networks [8] - The success of Circle's network depends on achieving sufficient adoption among participants, as various competitors are also developing their own systems [8] Market Risks - The demand for stablecoins is cyclical, typically increasing during crypto bull markets and weakening during recessions, which poses risks for Circle [9] - Circle's revenue for the fiscal year ending March 2025 was reported at $1.89 billion with approximately $172 million in profit, indicating it is not yet operating at the scale of industry benchmarks like Coinbase [9]
Klarna payment options on Apple Pay expand to Spain, Denmark, and Sweden
Yahoo Finance· 2025-11-19 11:48
Core Insights - Klarna has expanded its payment options on Apple Pay to customers in Spain, Denmark, and Sweden, enhancing transparency and flexibility for users in these regions [1] - This expansion follows similar launches in the UK, Canada, and the US, positioning Klarna as one of the first buy now, pay later (BNPL) providers available through Apple Pay in these markets [2] - Customers can split purchases into three monthly installments or opt to pay up to thirty days later, both interest-free options [2] Financial Performance - Klarna reported a 26% increase in revenue to $903 million in Q3 2025, with gross merchandise volume (GMV) rising 23% to $32.7 billion [4] - In the US market, GMV increased by 43%, while revenue grew by 51% during the same period [4] - The Klarna Card achieved four million signups since July and accounted for 15% of worldwide transactions in October [5] Future Projections - For Q4 2025, Klarna projects GMV between $37.5 billion and $38.5 billion, revenue between $1.065 billion and $1.08 billion, and total managed deposits between $390 million and $400 million [5] - Klarna is expected to launch its services via Apple Pay in France in the coming weeks [3]
Bullish Reports Third Quarter 2025 Results
Businesswire· 2025-11-19 11:45
Core Insights - Bullish reported a successful third quarter for 2025, launching new trading services and achieving significant trading volumes, indicating strong institutional interest in digital assets [2][7][8]. Financial Performance - Adjusted revenue for Q3 2025 reached $76.5 million, up from $44.6 million in Q3 2024, marking a 71.5% increase [8]. - Adjusted EBITDA was $28.6 million compared to $7.7 million in the previous year, reflecting a substantial improvement in profitability [8]. - The company achieved a net income of $18.5 million, a significant turnaround from a net loss of $67.3 million in Q3 2024 [8][22]. Trading Activities - Bullish launched its crypto options trading, surpassing $1 billion in trading volume shortly after launch [2][8]. - Spot trading volume increased by 77% compared to Q3 2025, indicating robust growth in trading activities [2]. Business Expansion - The company expanded its liquidity services partnerships significantly, more than doubling the number of partners in Q3 compared to Q2 [8]. - Bullish successfully launched U.S. spot trading following the approval of its NY BitLicense in September 2025 [8]. Market Positioning - Bullish is positioned at the intersection of key trends in the crypto market, including regulatory clarity, institutional adoption, and the tokenization of real-world assets [2][8]. - The company is focused on providing market infrastructure and information services, catering to institutional clients in the digital asset space [4].
Tokenwell Announces November Major App Update and February 2026 Smart Buy & Sell Release
Accessnewswire· 2025-11-19 11:00
TORONTO, ON / ACCESS Newswire / November 19, 2025 / Tokenwell Platforms Inc. (CSE:TWEL)(OTCQB:TWELF)(FWB:Y920) ("Tokenwell" or the "Company"), today announced two upcoming product milestones: a major app update scheduled for November 30th, 2025, featuring a Multi-Exchange and Wallet Dashboard, followed by the launch of Smart Buy & Sell in February 2026. November 2025 Major App Update Tokenwell will release its next major app update on or about November 30th, 2025, introducing a modernized interface and new ...
Esusu and Zillow launch CreditClimb to help renters nationwide build credit with every rent payment
Globenewswire· 2025-11-19 10:05
Core Insights - Zillow has launched CreditClimb, a credit-building tool for renters, allowing them to report on-time rent payments to credit bureaus for an annual fee of $20 [1][2] - The initiative aims to help renters improve their credit scores, with the potential for significant financial benefits, including access to better financing options and homeownership [3][4] Company Overview - Zillow Group, Inc. is focused on transforming the real estate experience, providing digital solutions to help individuals find and secure homes [7] - The company operates various brands, including Zillow, Zillow Home Loans, and Trulia, among others [8] Partnership with Esusu - Esusu, a financial technology platform, collaborates with Zillow to enhance credit-building opportunities for renters by reporting rental payment data to credit bureaus [5][9] - Since early 2024, Zillow has enabled over 147,000 renters to improve their credit through on-time rent reporting, and CreditClimb expands this service to all renters in the U.S. [5]
X @Bloomberg
Bloomberg· 2025-11-19 07:46
Lloyds is buying British fintech Curve as part of a push to widen its digital offerings and take on challenger banks such as Revolut https://t.co/Wlt7Z28pqG ...
Figure Technology Solutions, Inc. (FIGR) Discusses Landmark Blockchain Native Public Equity Offering and Its Advantages Transcript
Seeking Alpha· 2025-11-19 07:38
Group 1 - The conference call is hosted by Figure Technology Solutions, featuring key executives including the Executive Chairman, CEO, CFO, and COO [2] - The call includes forward-looking statements that may differ from actual results, with relevant risks and uncertainties outlined in their Form S-1 registration statement [3] - A recording of the call will be available on the company's website after the event [4]