Ripple Labs is entering South Korea with a $300 million venture fund collaborating with VivoPower and Lean Ventures. Both firms are headquartered in Seoul and are among the country’s leading…
Zodia Custody, backed by Standard Chartered, has ended
its Japan joint venture with SBI Holdings two years after launch, Bloomberg reported. The unit,
called SBI Zodia Custody, was 51% owned by SBI…
Shares of CoreWeave (CRWV) rose as much as 9% on Monday morning after the company announced it’s launching a venture capital arm focused on early-stage artificial intelligence startups.The stock was…
Japanese financial giant SBI Holdings is moving into the red-hot tokenized stock market through a joint venture with Singapore-based blockchain development firm Startale.The companies plan to build an on-chain platform…
Jason Zhao, co-founder of intellectual property blockchain project Story Protocol, is stepping away from his full-time role after more than three years of building the platform.Zhao announced via a social…
In brief
Anchorpoint, a new joint venture between Standard Chartered and Animoca Brands, will apply for a license under Hong Kong's new stablecoin framework.
Hong Kong launched its fiat-referenced stablecoin licensing regime…
In brief
Tether reported a second-quarter profit of $4.9 billion.
CEO Paolo Ardoino teased a new U.S. venture.
The stablecoin is still partly backed by Bitcoin and precious metals.
Tether reported a second-quarter profit…
Shares in Tesla (TSLA) stock are down sharply after the company reported another quarter of lackluster financial results and Musk warned of some potentially “rough quarters” into next year. As…
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I’ve got some good news for you: Venture capital fundraising seems to be bouncing back after a slow May. According to Blockworks Research data, there was roughly $2.8 billion raised last…