Singapore’s retail crypto market is maturing as investors move away from chasing the cheapest platforms and toward exchanges they consider trustworthy, according to a new survey released on Thursday by financial comparison platform MoneyHero and cryptocurrency exchange Coinbase. Surveying 3,513 retail investors and crypto-curious adults in Singapore, the study found that 61% of “finance-savvy” Singaporeans now hold crypto, marking one of the strongest adoption levels recorded in the country. Source: Mone ...

Core Insights - Circle Internet Group, Inc. (CRCL) is a significant player in the fintech industry, focusing on digital assets and recently participated in Citi's 14th Annual FinTech Conference [1] - The company has faced stock price fluctuations, with a recent 40% drop to around $76, despite a strong long-term growth potential indicated by its IPO price of $31 [2][6] Financial Performance - CRCL reported a 66% increase in revenue to $740 million in the third quarter, alongside an increase in adjusted EBITDA from $126 million to $166 million [3][6] - The company has raised its projected operating expenses, which has contributed to recent stock sell-offs [3] Market Dynamics - The stock's decline was influenced by an analyst downgrade from Mizuho, which reduced its price target from $84 to $70, adding pressure on CRCL's stock [4][6] - CRCL's market capitalization remains strong at approximately $16.42 billion, with recent stock fluctuations between $67.55 and $76.60 [5]

Torrent Capital Reports Strong Q3 2025 Financial Results; Announces October Portfolio and Net Asset Value (NAV) UpdateAs of September 30, 2025, Torrent had a NAV of $33.5 million (or $0.88 per share), with cash on hand of $4.3 million.November 13, 2025 5:00 PM EST | Source: Torrent Capital Ltd.Halifax, Nova Scotia--(Newsfile Corp. - November 13, 2025) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today announced financial results for the quarter ending September 30, 2025, al ...

Core Insights - The collaboration between Coinbase Global Inc. and Citigroup Inc. aims to facilitate the movement of money using stablecoins and digital assets for large institutions, potentially accelerating the integration of crypto into mainstream finance [1][4]. Group 1: Partnership Overview - The partnership addresses the challenge institutional investors face in converting traditional currencies to digital assets at scale, leveraging Coinbase's infrastructure and Citi's global payments network [2][4]. - Solutions being developed are tailored for institutional clients, focusing on applications such as payment settlements and treasury management [3][5]. Group 2: Importance of Collaboration - Institutional adoption of digital assets is increasing, but existing infrastructure gaps hinder broader implementation; this collaboration aims to bridge those gaps [4][6]. - The goal is to create payment solutions that are faster, more reliable, and available 24/7, which is crucial for institutions managing significant daily transactions [5][6]. Group 3: Strategic Focus - The partnership emphasizes foundational infrastructure rather than experimental applications, aligning with Coinbase's mission to integrate digital assets into the global economy [6].

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Core Points - Universal Digital Inc. has signed a non-binding Memorandum of Understanding (MOU) with ReYuu Japan Inc. to establish a strategic collaboration framework for digital-asset treasury initiatives in Japan [1][3] - The MOU outlines a potential loan facility of up to USD 100 million to support ReYuu's digital-asset treasury strategy [2] - The MOU aims to strengthen the partnership between Universal Digital and ReYuu, focusing on developing responsible digital-asset frameworks across Asia [3] Company Overview - Universal Digital Inc. is a Canadian investment company that focuses on digital assets and high-growth industries, particularly in blockchain and cryptocurrencies [4] - The company aims to provide long-term capital growth through a diversified investment approach and participate in the transformation of global finance via digital asset strategies [4] ReYuu Overview - ReYuu is involved in reuse-related businesses, specifically handling reused mobile terminals and communications terminal equipment rental for corporations [5] - The company's primary business includes buying and selling reused communication terminal equipment such as smartphones, tablets, and personal computers [5]

Group 1: ABSA Bank and Ripple Partnership - ABSA Bank is partnering with Ripple to provide custodial services on the Ripple blockchain, marking a significant moment in the adoption of crypto by mainstream financial institutions [1][2] - The partnership allows ABSA customers to store crypto and digital assets on the Ripple blockchain, with integrated tools for managing these assets [3] - Ripple's managing director for the Middle East and Africa described the partnership as a "major shift," emphasizing the potential of digital assets in Africa [3] Group 2: Ghana's Crypto Regulations - The Central Bank of Ghana plans to introduce crypto regulations by December 2025, aligning with similar legislative trends in Nigeria and Kenya [4] - The regulatory framework and a new bill to regulate virtual assets are currently being prepared for parliament [4] - The growing size of global crypto markets is prompting regulators to seek visibility on the movement of funds, which is in the billions [4] Group 3: Blockchain.com in Nigeria - Blockchain.com is seeking a crypto exchange license from Nigeria's Securities and Exchange Commission, following its decision to establish Nigeria as its regional hub [2]

Core Viewpoint - U.S. Bancorp has established a new unit dedicated to digital assets and money movement to accelerate development and increase revenue from emerging digital products and services [1] Group 1 - The new unit aims to enhance the company's capabilities in the digital asset space [1] - The initiative is part of a broader strategy to capitalize on the growing demand for digital financial solutions [1] - U.S. Bancorp is focusing on innovation to stay competitive in the evolving financial landscape [1]

Core Insights - Mercurity Fintech Holding Inc. (MFH) published an article by Chief Strategy Officer Wilfred Daye discussing digital asset treasury strategies and associated risks [1][2] - The article emphasizes the evolution of Digital Asset Treasuries (DAT) from a simple 'buy-and-hold' strategy to a more sophisticated capital markets discipline [3] Digital Asset Treasury Strategies - DAT companies utilize market-to-net-asset-value dynamics, convertible securities, and preferred stock to accumulate Bitcoin [2] - Key risks identified include market-to-net-asset-value ratio (mNAV) compression, refinancing exposure, and index-eligibility considerations [2] MFH's Approach - MFH aims to align treasury design with institutional-grade safeguards, clear risk limits, transparent disclosures, and diversified liquidity [3] - The company focuses on connecting traditional finance with crypto-native assets through compliant structures and prudent balance-sheet management [3] Treasury & Capital-Markets Principles - Risk-aware accumulation is emphasized, advising the judicious use of market windows and avoiding destructive issuance under unfavorable mNAV conditions [7] - Financing discipline is highlighted, treating convertible securities and preferred stock as leverage tools with explicit guardrails [7] - Liquidity and transparency are prioritized, ensuring robust disclosures and auditability suitable for institutional allocators [7] - The company advocates for evolution beyond Bitcoin reliance by investing in infrastructure and partnerships that create operating revenue [7]

Core Insights - Nomura Holdings is expanding its presence in Japan's digital asset market through its subsidiary Laser Digital Holdings, which is seeking a license to offer trading services to institutional clients [1] - Japan's crypto trading market has seen significant growth, with transaction values doubling to ¥33.7 trillion (approximately $230 billion) in the first seven months of the year [2] - The move towards digital assets is supported by government reforms aimed at easing tax burdens and refining regulations, attracting younger investors and institutional players [5] Group 1: Company Developments - Laser Digital Holdings is in pre-consultation talks with Japan's Financial Services Agency to obtain a license for trading services [1] - The subsidiary was established to provide a range of services, including asset management and venture capital, and has already secured a full crypto business license in Dubai [4] - Nomura's Laser unit has faced challenges, reporting a quarterly loss in Europe, with expectations for profitability being pushed back [7] Group 2: Industry Trends - The Japanese crypto market has experienced a 120% increase in on-chain value received over the past year, surpassing growth rates in South Korea, India, and Vietnam [6] - Supportive policies abroad, particularly in the US, along with anticipated domestic changes such as tax cuts, have contributed to the market's momentum [2] - Major players like Daiwa Securities are integrating cryptocurrencies into their services, allowing clients to use Bitcoin and Ether as collateral for loans [3]