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Finance

Polkadot Launches Institutional Arm to Bridge Wall Street and Web3

The new group’s offerings will cover centralized and decentralized exchange infrastructure, real-world asset tokenization, staking, and decentralized finance.

David Sedacca.

Finance

Tassat Names Glen Sussman CEO as Firm Eyes Next Stage of Institutional Growth

Sussman succeeds Zain Saidin, who will remain on the company’s board and take on a new role as senior adviser.

International regulators at BIS want to make cross-border payments cheaper. (Yuichiro Chino/Getty Images)

Markets

Adam Back’s $2.1B Bitcoin Treasury Play Set to Challenge MARA in BTC Holdings

Bitcoin Standard Treasury Co.'s SPAC deal combines fiat financing and a bitcoin-denominated PIPE, aiming to debut on the Nasdaq with over 30,000 BTC and an aggressive growth plan.

Blockstream CEO Adam Back at Consensus Hong Kong in February (CoinDesk/Personae Digital)

Tech

Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capital

The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem.

liquid hand

Finance

Billionaire Winklevoss Twins-Backed Gemini Launches Self-Custodial Smart Wallet

Gemini users can now access Web3 and DeFi ecosystems with social recovery, gas sponsorship, and integrated trading support.

Gemin's Cameron and Tyler Winklevoss (Image Catcher News Service/Getty Images)

Finance

Tokenization Firm Dinari to Launch L1 Blockchain, Aims to Be the 'DTCC of Tokenized Stocks'

The Dinari Financial Network will serve as a coordination layer for tokenized equities, with a group of institutions such as VanEck, BitGo and Gemini operating validators.

Dinari co-founder and CEO Gabe Otte (Dinari)

Finance

Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week

The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.

A fox (Unsplash)

Finance

Transak Raises $16M From IDG Capital, Tether to Scale Stablecoin Payment Network

Transak plans to use the funds to expand its stablecoin payments stack and enter new markets, the company said.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

Tether Leads 30M-Euro Investment Round in Spanish Crypto Exchange Bit2Me

The deal follows Bit2Me's authorization under the EU's MiCA license approval, allowing it to operate across the European Union.

Bit2Me's team posing for a photo (Bit2Me)

Finance

Marex Becomes First Clearing Firm to Adopt JPMorgan’s Kinexys With Brevan Howard Digital

The initiative is aimed at modernizing payment infrastructure and reducing settlement risk, Marex said.

Terry Hollingsworth, Global Head of Futures & OTC Clearing Sales at Marex (Marex)