BNY, the world’s largest custodian overseeing $59 trillion of assets, is expanding its digital asset custody business to the United Arab Emirates through local partners. According to a Thursday press release, the global financial services giant is working with Finstreet and ADI Foundation to build regulated digital asset infrastructure anchored in Abu Dhabi Global Market
Institutional investors are increasingly treating crypto as a portfolio diversification tool rather than a speculative trade, according to a quarterly survey published by CoinShares Research on May 6. The survey, which cut across 26 fund managers overseeing a combined $1.3 trillion in assets under management (AUM). It found that diversification and client demand now account
The VTI stock price rarely makes headlines the way individual stocks do — and that’s precisely the point. Vanguard’s Total Stock Market ETF is designed for investors who want to own the entire U.S. equity market in a single ticker, without making bets on any one company, sector, or trend. As of May 5, 2026,
MIAMI BEACH, Fla. — Nasdaq President Tal Cohen said the U.S. Securities and Exchange Commission’s (SEC) changing approach to crypto regulation is giving market operators more room to experiment with blockchain-based infrastructure and tokenized assets. Speaking at Consensus in Miami on Wednesday, Cohen said the industry now feels it can “build” again after years of
What was once viewed as a speculative fringe movement is rapidly becoming part of the world’s financial plumbing, according to executives from Binance, Revolut and Circle (CRCL) speaking at Consensus Miami on Wednesday. “We were in the Prohibition era,” said Rachel Conlan, chief marketing officer at Binance. “Now we are in the infrastructure phase.” Conlan
Mastercard is under investigation by the United Kingdom’s Financial Conduct Authority (FCA) for alleged anti-competitive conduct tied to digital wallets. The news landed as the payments giant joined JPMorgan, Ripple and Ondo Finance in completing what they call the first cross-border, cross-bank redemption of tokenized US Treasuries. Mastercard is not alone in the latest FCA
In brief Sandisk shares have surged 3,314% in the past year, from $32.11 to over $1,096, powered by a global NAND flash shortage and accelerating AI infrastructure spending. Per Sandisk’s earnings release, Q3 FY2026 revenue hit $5.95 billion—up 251% year over year—with gross margins expanding from 22.5% to 78.4% in a single year. NAND flash
The 2026 Web3 Workforce Report shows a clear shift in web3 jobs: the market is moving from execution to supervision, as AI agents take on more routine work. The adoption tipping point For years, AI was a nice-to-have in crypto hiring. However, the report says 2026 marks a tipping point, based on about 2.000 job
Miami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use cases, according to Ben O’Neill, Bridge’s head of money movement. “I think it’s a net bad for the growth of stablecoins as a whole, because you have two counterparties that have
RootData data shows CeFi raised about $606 million across 8 deals, infrastructure $105 million across 14, and DeFi $90 million. CeFi concentration and sector breakdown According to April data from Web3 analytics platform RootData, the disclosed total raised in the crypto primary market reached roughly $860 million, spread across 55 financing events and 5 M&A