Latest FinTech & Blockchain News
Major U.S. Bank Acquires Brex in $5.15B Deal
A major U.S. bank announced the acquisition of fintech company Brex, dubbed the largest bank-fintech deal in history at $5.15 billion. Brex's stablecoin payment infrastructure will combine with the bank's scale to build a key business financial platform. This merger aims to supercharge product development and market reach.
Tether Launches USAT, Federally Regulated Stablecoin
The issuer of USDT announced USAT, a dollar-backed stablecoin under the U.S. federal stablecoin framework via GENIUS Act. Issued by Anchorage Digital Bank, N.A., it operates as America's first federally regulated stablecoin. This targets compliant U.S. operations.
Major Financial Institution Unveils FIDD Stablecoin
A major U.S. financial institution launched FIDD stablecoin through its digital assets division. Supported by investment business for reserves, redemptions, and issuance, it enhances stablecoin functionalities. Key operations include asset management and liquidity.
Asset Manager Expands Tokenized Funds to Solana
A major U.S. asset manager announced Solana integration for its regulated tokenized funds, accessible to retail and institutional investors. This multichain strategy extends the full suite of tokenized products. It boosts blockchain accessibility for investments.
ParaFi Capital Invests $35M in Solana DeFi Platform Jupiter
ParaFi Capital invested $35 million in Jupiter, Solana's DeFi platform, marking its first external capital raise settled in JupUSD stablecoin. Funds will deepen institutional onchain finance participation. Jupiter, profitable since 2020, processed over $1T volume recently.
2026 Pivotal Year for Real-World Asset Tokenization
2026 signals RWA tokenization shift from pilots to global markets, with NYSE planning 24/7 blockchain stock trading and Nasdaq proposing SEC tokenized asset integration. Emphasis on programmable trust via smart contracts and on-chain DvP settlement. This normalizes digital finance institutionally.
Banking Groups Stress Policy in White House Crypto Meeting
U.S. banking trades issued a statement post-White House crypto market structure meeting, urging legislation supporting local lending and financial safety. They highlight stablecoin yield risks to bank deposits and advocate balanced digital asset policy. Collaboration with lawmakers continues.
Jupiter Expands with JupNet, Lending, and Global Transfers
Solana's Jupiter launched JupNet for cross-chain trading, USD Swift transfers, and Jupiter Lend to unlock institutional capital. Post-ParaFi investment, focus on tokenization, payments, and asset management products. Platform reports $3T lifetime volume.