StablecoinsSoFi launches SOFIE tokenized deposit with 4.40% yield
The SOFIE token equals $1 on deposit at SoFi Bank, pays 4.40% APY and is FDIC-insured. It converts one to one into SoFiUSD.
Institutional Adoption — News - Page 3
Stablecoins
InstitutionalStandard Chartered signs deal to acquire Zodia Custody
Standard Chartered signed definitive agreements to acquire Zodia Custody. The deal awaits regulatory approval.
InstitutionalSpaceX and Tesla weigh a merger holding 30,221 BTC
Musk confirmed SpaceX and Tesla are assessing a combination. Together they hold 30,221 BTC. What is known about the deal and why bitcoin traders care.
MarketsJPMorgan forecasts 10% annual bitcoin returns over the next decade
JPMorgan Asset Management expects 10% a year from bitcoin, ahead of stocks and gold, with a range from minus 9.7% to plus 17%.
RegulationFINMA approves Switzerland's first retail Bitcoin ETF
Swiss regulator FINMA has cleared the first ETF holding Bitcoin directly for retail investors. The issuer and launch date are still unknown.
MarketsMt. Gox delays repayments to 2027
A Tokyo court moved the Mt. Gox payout deadline to Oct. 31, 2027. About 34,400 BTC remain in its wallets. Here is what it means for the market.
InstitutionalBlackRock files for buffer Bitcoin ETF PBIT
BlackRock asks the SEC to approve PBIT, an IBIT options fund with a 10% loss buffer and capped gains. IBIT drew $665 million on Monday.
StablecoinsVisa and Mesh Let Users Spend Crypto at 175M Merchants
Mesh will connect crypto wallets to the Visa network, so users can pay in crypto and stablecoins without a separate card. No launch dates yet.
RegulationRevolut secures Gibraltar crypto license
Gibraltar's regulator granted Revolut a DLT Provider license. The firm will expand crypto services beyond the UK and EEA, no countries named.