AI agents are starting to hold wallets and pay for things, and finance has no standard way to tell one agent from another. Solowin Holdings signed a memorandum in April with SC Ventures, Standard Chartered’s venture arm, to incubate an AI payments project called AGENPAY. The Hong Kong firm, listed on Nasdaq under AXG, sells
The real action is now centered on the Fed’s Sept. 16 federal funds rate decision. CME’s Fedwatch Tool, which turns federal funds futures trading action into implied policy odds, gives a 25-basis-point hike a 57% chance, lifting the target range to 3.75%-4%. Staying parked at the current 3.5%-3.75% range gets just 43%. Presently, there’s a
Stablecoin demand is becoming consequential in the U.S. government debt market, but the maturity of that demand matters more than the headline total. Washington now has two debt-market stories running at once. The federal framework for permitted payment stablecoins channels reserves into cash-like instruments and Treasuries with no more than 93 days remaining. Farther out
The US Treasury expects to borrow $739 billion from July through September while paying investors to hand back some of its older bonds. The pairing looks self-defeating because both transactions involve the same issuer. However, they are on separate ledgers and solve separate problems: auctions finance the government and create liquid benchmarks, while buybacks retire
Coinbase’s new B20 stock tokens on Base place Apple, Alphabet, Meta and Nvidia-linked exposure on a blockchain that keeps trading through the weekend. AAPLc, GOOGLc, METAc and NVDAc confer beneficial claims on underlying shares held within Coinbase’s tokenization structure; they are designed for eligible users outside the United States and differ from ordinary US-listed shares.
Delaware Life Insurance Company’s 2025 balance sheet took on a startling new shape when the insurer corrected its annual filing: roughly $17 billion of investments were classified as related-party holdings, about 39% of invested assets, versus roughly $1.4 billion and 3% in the earlier version. Clear Spring Life and Annuity Company made a separate correction
Coinbase US500 futures reached a $100 million milestone, giving the exchange an early test of whether a crypto-native trading mechanism can travel into regulated US equity markets. The chart attached to Armstrong’s Aug. 28 post tracked trailing 24-hour matched volume after US500 began trading on Aug. 17. It ended at an annotated $104 million near
Finance has spent a thousand years trying to move wealth virtually. But every time innovators engineer a faster, more secure way to transfer capital, malicious actors hit back with new, sometimes highly sophisticated, attack vectors. For over 50 years, the messaging system developed by the Society for Worldwide Interbank Financial Telecommunications (Swift) has been the