On December 12, 2025, Pakistan signed a memorandum of understanding with Binance to explore tokenising up to $2 billion in sovereign assets. The finance ministry framed the plan around liquidity and investor access, with tokenisation focused on instruments that already…
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Citi and Coinbase partnership improve bank client transfers?
The Citi and Coinbase partnership focuses on digital-asset payment capabilities for institutional clients at a global bank that connects more than 300 payment clearing networks across 94 markets. The initial phase centers on fiat pay-ins and payouts with tighter orchestration…
Did Coinbase sign a $375 million deal to buy Echo platform?
Coinbase has made a significant move by acquiring Echo, an investment platform known for facilitating token sales, in a $375 million cash-and-stock agreement. The deal reflects a broader industry shift as leading exchanges seek to bring more of the capital…
Coinbase invests in CoinDCX at $2.45B post-money valuation?
Coinbase invests in CoinDCX as part of a broader plan to strengthen its presence in India’s rapidly expanding cryptocurrency sector. The U.S. exchange announced the move on October 15, 2025, confirming that the deal values CoinDCX at $2.45 billion after…
Softbank’s PayPay buys 40% of Binance Japan for payments?
Softbank’s PayPay took a 40% equity stake in Binance Japan, signaling a deeper link between mobile payments and digital assets in a market that expects looser rules. The deal lets both firms build technology for cashless payments and crypto, while…
Do SEC tokenized stocks fit Coinbase and Wall Street?
The debate over SEC tokenized stocks has shifted from theory to near-term policy as the Securities and Exchange Commission weighs exemptive relief that would let companies trade shares “on chain,” a move that could let investors buy equity tokens through…
Kraken $500M round with its CEO steering to 2026 IPO?
Kraken faces a pivotal stretch as it readies a public listing targeted for 2026 while folding new products and a large acquisition into a business built for professional traders. The exchange, founded in 2011, reported more than $411 million in…
Will FTX repay $1.6B to creditors starting on September 30?
FTX will release $1.6 billion to creditors at the end of the month, marking a third major payout since the exchange collapsed in November 2022. The FTX Recovery Trust says distributions begin on September 30 for users who completed verification…
Did Gemini and the SEC reach a resolution in principle?
Gemini and the U.S. Securities and Exchange Commission told a Manhattan federal court that they reached a resolution in principle to end the case over the Earn lending program. The filing asked Judge Edgardo Ramos to pause all deadlines until…
Winklevoss Twins’ Gemini targets $3 billion value this week?
Winklevoss Twins’ Gemini enters listing week with trading slated for Friday, a valuation target above $3 billion, and a dispute that overlaps with the nomination of Brian Quintenz to lead the CFTC. The exchange, founded in 2014 by Cameron and…