Injective receives SEC transfer agent registration for institutional services arm
Injective’s affiliated entity can now maintain securities ownership records, adding regulated market infrastructure to its growing push into tokenized assets.…
I want to be a snowbird, but I’m not sure my $2 million nest egg can sustain two homes
It’s not the purchase price that’s the biggest obstacle, but rather the continuing costs. Source:MarketWatch
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger
The crossborder transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits…
Cantor opens Kalshi prediction markets to thousands of institutional clients
The investment bank will help its roughly 3,000 institutional clients execute large block trades in event contracts. Source:CoinDesk
Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn’t follow suit.
Homebuilder stocks are cheap, but it’s not easy to time a rebound in the depressed housing market. Source:MarketWatch
SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first…
I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?
“I do believe very much in delayed gratification.” Source:MarketWatch
SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Following a sharp selloff in recent months, the South Korean memorychip company says current share prices don’t reflect the business’s “intrinsic value.”…
A year after losing $1.46 billion, Bybit says AI helped it save $700 million
The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making…
Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by Janus Henderson and NYLIM. Source:Cointelegraph
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week. Source:CoinDesk
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multiasset clearing, citing…