Fidelity Investments is set to roll out its first stablecoin on Ethereum in early February, CoinDesk reported Wednesday. The token, called the Fidelity Digital Dollar (FIDD), will be fully backed by reserves and available to both institutional and retail clients through Fidelity platforms and major crypto exchanges. The rollout follows the passage of the GENIUS
Kearney, a global management consulting firm, in its recent report, confirms that the projected growth for tokenization uptake in the GCC (Gulf Cooperation Council) countries is close to $500 billion worth of assets. The fertile sectors for tokenization are private markets, funds, and bank deposits, while the primary catalysts are financial institutions, asset managers, and
SRx Health Solutions, an NYSE-listed digital healthcare company, announced today it has expanded its digital treasury holdings to $18 million across Bitcoin and Ethereum following an additional Bitcoin purchase. The Toronto-based company said the investment was executed using internally developed models designed to preserve long-term optionality under volatile market conditions. SRx said the crypto allocation
A wave of reports released in late January has delivered sobering news for business leaders who have bet big on artificial intelligence: most companies are seeing lots of activity but little improvement to their bottom line. Studies published in January 2026 by consulting giant PwC, along with tech companies Anthropic, OpenAI, and Google, paint a
IREN stock price has staged a strong comeback as artificial intelligence companies continue raising billions in funding and as traders wait for its upcoming earnings. Summary IREN stock has staged a strong rebound in the past few weeks. Wall Street analysts are optimistic about the company ahead of its earnings. Nvidia invested an additional $2
Global investment bank Mizuho Securities delivered a significant Circle upgrade this week, shifting its rating to neutral while establishing a compelling $77 price target that reveals deeper connections between prediction markets and stablecoin adoption. Analysts Dan Dolev and Alexander Jenkyns presented their revised assessment on Tuesday, March 18, 2025, highlighting how Polymarket’s exclusive $USDC settlement
European policymakers are keeping a close eye on the euro’s recent climb and how it might dampen price increases across the region, a development that could shape decisions on borrowing costs in the months ahead. Francois Villeroy de Galhau, who sits on the European Central Bank’s Governing Council, said the bank is tracking the currency’s
Dubai Insurance, a UAE insurance company, has introduced a crypto wallet developed by Zodia Custody to secure transparent receipt of premiums and payment of insurance claims in crypto. This is the first time an insurance company in the country allows policyholders to transact using digital and crypto assets. The secure, highly governed, and transparent solution,
WisdomTree, a New York-based company managing over $100 billion in assets, announced it is expanding its tokenization efforts by adding the Solana (SOL) blockchain to its list of networks supporting real-world asset (RWA) products. In its official statement, the company said that both institutional and individual investors can issue, trade, and hold tokenized funds on
Five years after Robinhood (HOOD) stunned users by halting trades on GameStop (GME) and other meme stocks, CEO Vlad Tenev says blockchain-based shares could help make sure it never happens again. In a post on X marking the anniversary of the January 2021 trading freeze, Tenev blamed the chaos not on bad actors, but on