Crypto Firm Zerohash is Seeking US National Trust Bank Charter Digital asset infrastructure firm Zero Hash has applied for a national trust bank charter with the Office of the Comptroller of the Currency, seeking approval to expand its role in digital asset custody and settlement services. The Chicago-based firm, which operates under the brand Zerohash,
Standard Chartered Named Custodian for TP ICAP’s Fusion Digital Assets Standard Chartered has been appointed as the digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, deepening the collaboration first announced in October 2024. The move supports TP ICAP as it expands matched-principal trading in spot crypto assets, marking a major
KoGuan Leo, one of Tesla’s largest individual shareholders and a notable crypto investor, has purchased 1 million shares of Nvidia and disclosed plans to acquire an additional 1 million shares, according to a report from Bloomberg. — The move signals a major bet on AI infrastructure from one of tech’s most prominent billionaire investors. Loading
SEOUL, South Korea – Coupang Pay, the financial division of South Korea’s dominant e-commerce giant Coupang, has ignited significant industry speculation by posting a legal job listing that explicitly mentions reviewing services for stablecoin issuance and distribution. This move, first reported by the Korea Economic Daily in late 2024, signals a potential strategic pivot toward
Strategy (MSTR), Coinbase (COIN) Surge as Bitcoin Pumps Near $73,000 Shares of Strategy, Inc. (MSTR) jumped 12.3% to $148.94 on Wednesday, marking a sharp rebound for the Bitcoin proxy after months of losses. Coinbase Global (COIN) rose 16.2% to $211.84, extending its recent rally, while Robinhood Markets (HOOD) gained 8.5% to $82.50. The moves comes
Monthly inflows into digital asset treasury (DAT) companies have slowed to about $555 million, the lowest levels since October 2024, the month before the 2024 US election pump, according to data from DeFiLlama. Inflows into digital asset treasury companies slipped to about $32.4 million ahead of the election, then rebounded to more than $12.3 billion
Electronic trading company Tradeweb has led a $31 million Series B funding round in institutional crypto trading platform Crossover Markets, valuing the company at $200 million. The round included participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, Illuminate Financial and XTX Markets. According to Wednesday’s announcement, the deal also includes a strategic partnership
Tom Lee, head of Ethereum treasury company BitMine and co-founder of Fundstrat, said in an interview with CNBC that a bottoming out process may have begun in the markets. Lee stated that despite recent geopolitical risks and macroeconomic uncertainties, markets have performed stronger than expected. Lee stated that while no one wants the US to
The Federal Reserve has released its Beige Book report, which offers important insights into the economic outlook. According to the report, economic expectations across the US remain largely optimistic, with moderate to moderate growth projected for most regions in the coming months. According to the Fed’s report, which uses data collected up to February 23,