The Smarter Web Company has announced that it has raised gross proceeds of £2.6 million from the placing of subscription shares. The London-listed technology company confirmed that 2,043,000 ordinary shares. The company issued it under the Subscription Agreement, first announced on June 19, 2025. They priced each share at approximately £1.28. The company expects the
The world of traditional finance is buzzing with a fascinating development! Jin Ok-dong, the esteemed chairman of Shinhan Financial Group, is making headlines with his proactive engagement in the digital asset space. His latest move involves a high-level meeting with Tether, the globe’s largest stablecoin issuer. This isn’t just a casual chat; it signifies a
The crypto market is trading with renewed optimism as investors bet on deeper monetary easing from the U.S. Federal Reserve this month. A Sept. 8 report from Reuters said Standard Chartered now expects the Fed to cut interest rates by 50 basis points at its September policy meeting, double its earlier forecast of 25 bps.
Banks are accelerating into digital assets with custody, stablecoins, and blockchain-driven operations leading the charge—three core shifts Ripple says are redefining institutional finance. 3 Strategic Shifts Powering Banks’ Move Into Digital Assets, Says Ripple Ripple shared insights last week, emphasizing that institutional adoption of digital assets is accelerating as banks and financial firms expand into
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Monday’s edition is last week’s wrap-up and this week’s forecast, brought to you by Paul Kim. Grab a green tea and watch this space. Expectations for three interest rate cuts this year have returned to the
The premiums of digital asset treasury (DAT) firms are falling and it’s likely to worsen in the near future unless they take action, says New York Digital Investment Group (NYDIG). NYDIG global head of research Greg Cipolaro said on Friday that the gap between stock price and net asset values (NAV) of major Bitcoin (BTC)
The family of United States president Donald Trump grew their collective wealth by $1.3 billion this week amid the trading debut of mining company American Bitcoin (ABTC), and gains from World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to the Trump family. World Liberty Financial has added $670 million to the Trump family’s
The Winklevoss twins-run exchange is next in line for a public debut on a stock index. Coinbase and Bullish have already taken the leap, and have raised a few eyebrows. What’s next for Gemini? Proceedings Underway Shared via a press release, Gemini Space Station, Inc., the parent company of the exchange, announced earlier this week