Latest from Ian Allison
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund with Onyx Digital Assets.
Kraken Said to be Raising Over $100M Pre-IPO Funding: Bloomberg
Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported.
Paxos Unveils Yield-Generating Stablecoin Lift Dollar
USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Crypto Lending Firm Maple Finance Unveils Syrup Yield Platform and Rewards Token
Maple’s Syrup promises users yields of 15% by depositing Circle’s USDC stablecoin into the platform.
Alan Howard-Backed Elwood Technologies in Talks to Sell Part of the Business: Sources
Elwood is focusing on its existing portfolio management and risk management services and less on the trading side, one source said.
Bitcoin Is Coming to Ethereum Stalwart MetaMask: Sources
MetaMask is a giant in the Ethereum ecosystem, but it's poised to cross one of the biggest tribal divides in crypto.
Solana-Based Wallet Phantom Buys Web3 Specialist Bitski
The Bitski team will be joining Phantom to bring embedded wallets to Solana, simplifying the onboarding process for both users and developers, the firms said.
Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
Insurance broker Lockton’s Emerging Asset Protection (LEAP) team helped organize the Munich Re deal.
Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources
After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said.
