Coinbase sinks 5% after missing second quarter revenue estimates
The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. Source:CoinDesk
Aviva Investors launches tokenized fund after Central Bank of Ireland approval
The new XRPLbased share class gives eligible investors blockchainbased access to a regulated US dollar liquidity fund while keeping traditional custody…
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twentyeight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchainbased settlement. Source:CoinDesk
Samsung unit explores stablecoin infrastructure with Upbit’s operator
Samsung SDS is discussing stablecoin infrastructure and AIbased payment models with Dunamu, the operator of South Korean crypto exchange Upbit.…
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Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.…
BNY to bring transfer agency records onchain in blockchain push
BNY is launching a blockchainbased transfer agency platform as the bank expands its digital asset infrastructure and moves core financial records onchain.…
Ionic Digital jumps 26% in Nasdaq debut, giving Celsius Network claimholders an exit route
The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million shares outstanding. Source:CoinDesk
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchainbased market infrastructure and the potential use of USDT as a settlement layer. Source:Cointelegraph
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first
Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives,…
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…
Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI
Armstrong said blockchain technology acts as a generalpurpose infrastructure that will underpin future automation rather than competing with it. Source:CoinDesk