AI Financial, formerly known as Alt5 Sigma, wants the market to know that it’s more than just its token holdings, and calling it a $WLFI treasury company isn’t the right way to describe it. “AiFi continues to operate an active fintech and digital payments business while executing on a broader long-term strategy across digital assets,
National trust charters pushed crypto custody into a broader regulatory clash as U.S. Senator Elizabeth Warren pressed the OCC over approvals tied to Coinbase, Ripple, Bitgo, and other firms. Bitgo CEO Mike Belshe countered that fiduciary custody separates client property from lending risks. Key Takeaways: Senator Warren’s scrutiny over OCC trust charters intensified as crypto
In brief SpaceX publicly disclosed its IPO filing ahead of a planned Nasdaq debut under the ticker SPCX. Elon Musk will retain majority voting control through a dual-class share structure. The filing shows SpaceX absorbing X and xAI while spending billions on AI infrastructure and Starship development. SpaceX’s long-awaited IPO filing was released on Wednesday,
The U.S. Federal Reserve took another step toward special limited payment accounts that would give a lighter version of the master-account services the central bank offers to its fully-fledged banks, opening a comment period on the latest description of the new accounts. Firms with diverse business models can use such accounts to clear and settle
SpaceX officially confirmed plans to go public on Wednesday, setting the stage for what could become the largest initial public offering in history and potentially push CEO Elon Musk toward becoming the world’s first trillionaire. The rocket and satellite internet company filed its S-1 registration statement with the U.S. Securities and Exchange Commission, giving investors
Coinbase launched $USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle’s USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies. According to Wednesday’s announcement, $USDF is designed to serve as the settlement asset for currencies created on Flipcash, a platform where users can launch fixed-supply digital currencies
The structural composition of private stablecoins is facing heightened institutional scrutiny as regulators in European bloc countries clamp down on unauthorized digital assets, digital asset experts suggested Tuesday at the Digital Money Summit 2026 in London. Christoph Hock, head of Tokenization and Digital Assets at Union Investment, one of Germany’s largest institutional asset managers with
Gulf International Bank has increased its investment in Strategy as institutional interest in Bitcoin-linked stocks continues to grow. A recent filing from the bank’s UK unit showed it raised its Strategy holdings by 53% to 20,207 shares worth about $3.76 million. The disclosure, highlighted by BitcoinTreasuries.NET on May 13, comes as more financial institutions seek
Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, putting a longtime critic of the central bank’s crisis era policies in charge as President Donald Trump pushes for lower interest rates and inflation data complicates the case for cuts. The Senate voted 54 to 45 to confirm Warsh, largely along party lines, with