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Move Industries CEO Clarifies No Legal Ties to Movement Labs Bankruptcy
The CEO of Move Industries, known as Torab, has issued a formal clarification regarding the project's legal status following reports of financial distress within the blockchain sector. Torab stated that Move Industries,…
Cordant Secures $10M Seed Round to Enhance Financial Infrastructure
Cordant, a financial infrastructure platform established by former executives of Rapyd, has successfully finalized a $10 million seed funding round. The investment was co-led by Motive Partners and Oak HC/FT, with strat…
Velocity Secures $15M Series A to Expand Stablecoin Settlement
London-based payment startup Velocity has successfully closed a $15 million Series A funding round, marking a significant milestone in its mission to modernize cross-border financial transactions. The investment round w…
Kraken Introduces AI Agent Trading to Automate Market Strategies
The major cryptocurrency exchange Kraken has announced the launch of an AI-driven agentic trading feature within its application, signaling a significant shift toward automated retail participation. This new tool, as re…
PBoC Launches 2026 Jinmi Cup to Advance Digital RMB Cryptography
The Digital Currency Research Institute of the People's Bank of China (PBoC), in collaboration with the Research Center for Cryptography Theory and Technology at Tsinghua University, has officially opened registration f…
Klarna Files for US Banking License to Expand Fintech Services
The Swedish fintech giant Klarna has officially submitted applications to United States federal and Utah state regulators to establish a domestic subsidiary, Klarna Bank USA. This strategic move aims to secure FDIC insu…
AI Platform LinqAlpha Secures $10 Million in Series A Funding Round
The New York-based artificial intelligence investment research platform LinqAlpha has successfully completed a $10 million Series A funding round, marking a significant milestone in the integration of AI within institut…
Latin American Fintech Offramp to Cease Operations by End of 2026
The crypto-native cross-border financial platform Offramp, which gained prominence for its specialized services for freelancers in Latin America, has officially announced a phased shutdown of its operations. The company…
Lion Group to Invest $10 Million in Indonesian Stablecoin NIDR
Nasdaq-listed Lion Group Holding Ltd. has announced a strategic move to enter the Southeast Asian digital asset market by investing up to $10 million in PT Nusantara Bumi Sangkara. The investment, facilitated through Me…
Metal Secures Seed Funding to Build Tokenized Settlement Infrastructure
Metal, a specialized settlement network designed for tokenized financial products, has successfully concluded its seed funding round. The investment was spearheaded by the global payments platform Airwallex and the vent…