Justin Sun invested $30 million in a Trump-backed crypto initiative, World Liberty Financial (WLF), signaling support for pro-crypto U.S. policies and potentially shifting market sentiment. This backing links political influence with crypto funding and may affect regulatory dynamics and investor confidence in U.S. digital-asset markets. Justin Sun invests $30 million in World Liberty Financial (WLF).
Carlyle Group Co-Chairman and Co-Founder David Rubenstein announced that he expects the Fed to cut interest rates by 25 basis points in September. Speaking on Bloomberg Surveillance, Rubenstein assessed President Donald Trump’s moves that have revived debates about the Fed’s independence and the markets’ reaction to them. Rubenstein stated that Trump’s attempt to remove Fed
Singapore-based cross-border payments firm Tazapay has secured new funding from Ripple and Circle Ventures, positioning itself as a key bridge between traditional finance and stablecoin-powered transactions. Summary Ripple and Circle invested in Singapore-based Tazapay’s Series B round. The cross-border payments platform processes $10B+ annually and is growing 300% YoY. Funds will accelerate licensing in the
Around a quarter of British adults say they’re open to crypto forming part of their retirement plan, suggesting that crypto could claim a larger share of the UK’s multitrillion-dollar pension fund market. UK insurance company Aviva said on Tuesday that its poll of 2,000 UK adults found 27% were open to crypto in their retirement
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Vietnam’s Da Nang launches Asia’s first FATF-compliant crypto payment sandbox while Korea’s FSS inspects Bithumb for ignoring lending service suspension orders, highlighting regional regulatory divergence. Vietnam Launches First
European officials are considering whether to issue the digital euro on public blockchains like Ethereum or Solana, in a departure from earlier plans for a closed, centrally run system. The debate has intensified in recent weeks ever since the U.S. passed its first stablecoin law in July, giving regulated dollar-backed tokens a head start in
YZi Labs, the rebranded Binance Labs, the investment arm of cryptocurrency exchange Binance, has announced a strategic investment in USD.AI, a stablecoin protocol that provides funding for artificial intelligence (AI) infrastructure. While the investment amount was not disclosed, it was stated that this move will support USD.AI’s goal of developing a synthetic stablecoin solution that
Polymarket, the largest cryptocurrency prediction market platform, has received a multi-million dollar investment from 1789 Capital, a venture capital firm co-owned by Donald Trump Jr. According to Axios, Trump Jr. also joined Polymarket’s advisory board following this investment. 1789 Capital’s investment totaled double-digit millions of dollars, while Polymarket’s most recent valuation was over $1 billion
Republic Digital made a strategic investment in RWA firm Centrifuge via its Opportunistic Digital Assets Fund. Summary Republic Digital’s Opportunistic Digital Assets Fund invested in Centrifuge RWA firm The company’s JAAA ETF enables ordinary investors to buy in complex fixed-income products Centrifuge’s TVL grew from $120M to $1.2B in just 6 months Real world assets
Hong Kong is moving fast to build its digital finance market through real-world asset (RWA) tokenization, exchange-traded funds (ETFs), and new stablecoin rules. Yet steep costs and compliance demands continue to hold back smaller issuers. On August 26, trading volumes in the city’s six virtual asset ETFs reached HK$56.4 million ($7.2 million). The figures show