Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide
The online bank cut fullyear revenue and profit forecasts after firsthalf crypto trading levels slumped. Source:CoinDesk
Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam
A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100…
Figure revenue doubles as blockchain loan marketplace volumes surge
The tokenizationfocused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion. Source:CoinDesk
Bullish Q2 adjusted earnings in line as rise in subscription revenue offsets digital asset slowdown
Digital asset sales slumped to $32.6 billion from $58.6 billiion a year earlier, but other revenues roughly doubled yearoveryear to just shy of $65 billion.…
MUFG to test real-time blockchain settlement for Japanese government bond trades
MUFG is preparing a proofofconcept for onchain JGB transactions using the Canton network. Source:CoinDesk
Brazil’s largest bitcoin treasury firm plans ETF with 95% allocation to Strategy's STRC
DIGY11 aims for annual distributions matching Brazil’s interbank rate plus 3–5 percentage points, net of costs, though investors' actual returns are not…
Goldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street
Goldman Sachs announced Wednesday that it has agreed to buy Neos Investments, adding yet another ETF shop to its fastgrowing assetmanagement business.…
SpaceX’s stock is getting a Grok-fueled boost
The company is best known for rocket launches but has big revenue goals for its AI business. Source:MarketWatch
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according…
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for noncrypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business. Source:CoinDesk
Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed
Solanabased DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its lowlatency market data feed. Source:CoinDesk
Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.…