NUVA brings U.S. residential mortgage credit to offshore investors
The company's HOME token gives eligible investors exposure to a vault of U.S. home equity lines of credit starting from 1 USDC and targets a 7% annual yield.…
Tesla’s big AI gamble puts its EV business under a microscope
Investors are left with unanswered questions as the company leans on car sales to help fund its expensive AI ventures. Source:MarketWatch
Standard Chartered to expand institutional crypto and RWA custody to Singapore
The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. Source:CoinDesk
Crypto investment firm Deus X Capital shuts down as backers pursue separate strategies
CEO Tim Grant will lead AI venture TensorX, while CIO Stuart Connolly stays to oversee the firm’s formal unwind in January. Source:CoinDesk
Ripple is earning fees financing leveraged stock bets, a business long run by banks
The crypto company's $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as…
Crypto news site Cointelegraph seeks buyer after web traffic plunges
The amount of money the crypto media firm has been shopping itself for was not revealed. Source:CoinDesk
Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAPbacked Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.…
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets. Source:CoinDesk
Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or…
Gate bets all-in-one money app is crypto’s biggest consumer trend this year and next
Gate rebrands around Gate Money, which combines accounts, asset conversion, savings and card payments as the exchange broadens beyond its trading base.…
Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currencylinked stablecoin and tokenized realworld assets with Tether. Source:CoinDesk
Crypto trading giant GSR's new vault business is a $100M bet on onchain credit
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain. Source:CoinDesk