Europe’s financial system stands at the edge of a major transformation. According to S&P Global Ratings, euro stablecoins could surge toward a €1.1 trillion market size by 2030. That projection reflects an extraordinary 1,600x expansion from current levels. Unlike earlier crypto growth cycles driven by startups, this wave features traditional banks at the center. Eleven
Global markets reeled as new anthropic plugins for automation raised urgent questions about the future of premium software and data analytics services. Summary Claude Cowork launch sparks broad software rout Thomson Reuters decline leads legal and professional services slump European legal analytics disruption hits RELX and Wolters Kluwer Tech giants dragged lower alongside sector indices
TRM Labs, a blockchain analytics startup used by global law enforcement and financial firms, has raised $70 million in a new funding round that pushed its valuation to $1 billion. The Series C round, Fortune reports, was led by Blockchain Capital with participation from Goldman Sachs, Citi Ventures, Bessemer, Thoma Bravo and Brevan Howard. The
The hype around cryptocurrency companies going public is waning because markets are still viewed as insufficiently large for the traditional finance (TradFi) firms that are taking an increased interest in the industry. Fewer investors feel as confident as they did last year, according to a report from the influential CfC St. Moritz, Switzerland crypto conference,
Bitcoin ($BTC) is still struggling to recover from the downward trend that began in October, and the latest sell-off has pushed it down to levels around $72,000. Altcoins also experienced significant losses along with Bitcoin’s decline, with Ethereum falling to around $2,100. While the downward trend in prices continues, the situation in ETFs remains mixed.
Tether has quietly pulled back from plans to raise as much as $20 billion in fresh capital after facing investor resistance to a proposed valuation that would rank the stablecoin issuer among the world’s most valuable private companies, per an FT report on Wednesday. The company, which issues the $USDT stablecoin with over $185 billion
Brazil has rapidly evolved from having potential in real-world asset (RWA) tokenization to actually building a working market. Financial institutions are now regularly creating and trading digital versions of assets like corporate loans and invoices on blockchain networks. A huge sign of progress is that Liqi Digital Assets, working with the $XDC Network, has exceeded
Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors. Chorus One provides staking services for decentralized networks and currently has