News with the tag "Financial Institutions"

BitcoinWorld Mirae Asset Securities Explores Bold Crypto Spin-Off in South Korea In a move that signals the continued convergence of traditional finance and the burgeoning world of digital assets, Mirae Asset Securities, one of South Korea’s largest financial investment companies, is reportedly expl...

BitcoinWorld Taurus Accelerates Digital Asset Services in Europe and LatAm with Parafin Partnership The world of finance is rapidly evolving, with digital assets moving from the fringes into the mainstream. For financial institutions navigating this complex landscape, secure and compliant infrastruc...

Stablecoins have transitioned from experimental projects to essential components of global payment systems, driven by speed, regulatory clarity, and infrastructure readiness, according to Fireblocks’ 2025 State of Stablecoins report. Fireblocks’ Survey: 90% of Firms Have Stablecoin Initiatives Under...

Utila has announced the successful completion of an $18 million Series A funding round, led by Nyca Partners, to enhance its institutional digital asset operations platform. The company, which has processed $35 billion in digital asset transactions over the past 18 months, aims to scale its global o...

A report from The Information indicates that several major Wall Street financial institutions are positioning themselves to deepen their involvement in cryptocurrency markets. Among them, State Street and Citigroup are said to be preparing to introduce crypto custody services. Sources Claim State St...

The real-world asset (RWA) tokenization industry is projected to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.

The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.

Chainlink and Swift have introduced a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure.

Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.

The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.