Business

Europe's largest asset manager has quietly built the fastest-growing tokenised fund on record, with Amundi and Paris-based Spiko disclosing that SAFO has crossed $400 million in assets under management less than a month after launching on Ethereum and Stellar.

Binance has offered roughly 1,000 United Arab Emirates-based staff — about a fifth of its global workforce — the option to relocate temporarily to Hong Kong, Tokyo, Kuala Lumpur or Bangkok, citing six weeks of regional conflict that included Iranian missile and drone debris falling on parts of Dubai.

A Nasdaq-listed public company has put its ordinary shares on two blockchains through Securitize, giving tokenised equities their most direct test yet of whether 24/7 trading can coexist with US securities law.

The Texas-based miner sold more than 2.5 times what it mined in the first quarter, reducing its bitcoin stack to 15,680 BTC and funnelling the proceeds into hashrate expansion and AI data centre infrastructure.

Polygon Labs is seeking between $50 million and $100 million in equity to fund its Open Money Stack stablecoin payments business, built on the Coinme and Sequence acquisitions it completed in January. The raise positions Marc Boiron's company as a settlement layer underneath Stripe, Mastercard, and the banks, rather than a consumer-facing payments brand.

OKX Ventures and HashKey Capital have taken equity stakes in Vietnam Prosperity Crypto Asset Exchange, lifting the venue past the VND 10 trillion capital threshold Hanoi requires for its pilot crypto licensing regime. The deal closes an awkward gap in OKX's Southeast Asian footprint and turns a single domestic operator into the first serious candidate for one of five licences on offer.

The confidential settlement ends a four-year legal battle that produced the first federal ruling confirming NFTs qualify as goods under US trademark law, with Ripps required to surrender all RR/BAYC smart contracts and domains within 10 days.

New CEO Stephen Gregory is steering the exchange beyond spot crypto trading into prediction markets and derivatives after its US market share collapsed from 20 per cent to almost nothing following a $4.3 billion federal penalty and years of regulatory turmoil.

The Layer-1 blockchain, built by former Ant Group engineers and backed by Sumitomo Corporation and Chainlink, is betting that tokenised real-world assets need purpose-built rails rather than retrofitted smart contract platforms.

America's largest brokerage by client assets has opened a waitlist for direct bitcoin and ether trading through a new Schwab Crypto account, targeting a limited Q2 rollout before broader availability later in 2026.

The approval, granted a week after Australia passed its first comprehensive digital-asset law, gives Coinbase a regulatory head start to offer derivatives, equities, and payments from a single app.

The company formerly known as MicroStrategy recorded its largest-ever paper loss as bitcoin fell 22.6 per cent during the quarter, then immediately resumed buying in early April.

Vivek Ramaswamy's bitcoin treasury firm now holds 13,741 BTC purchased at an average cost well above current market prices, raising questions about the sustainability of the corporate bitcoin accumulation model beyond Strategy's dominance.

The payments giant will let US iGaming operators accept stablecoin and cryptocurrency deposits through MoonPay's infrastructure, tapping into a market where 83 per cent of players say they want crypto payment options.

The Giugliano upgrade at block 85,268,500 lets block producers announce blocks earlier in the pipeline and embeds fee parameters directly in headers, targeting the two-second finality gap that separates Polygon from card-rail settlement speeds.

BBVA, ING, BNP Paribas and nine other lenders plan to issue a regulated euro stablecoin in H2 2026, backed by bank deposits and sovereign bonds, in the banking sector's most coordinated response to dollar-dominated crypto payments.

Europe's biggest digital asset manager has secured a US public listing through a SPAC deal with Vine Hill Capital, creating a $1.2 billion entity trading under the ticker CSHR.

The crypto industry's largest lobbying group has filed a formal rebuttal to Citadel's call for the SEC to restrict exemptive relief for decentralised trading protocols, in a dispute that could determine how tokenized stocks are traded in the United States.

Bitmine Immersion Technologies now holds nearly 4 percent of all circulating Ethereum and will move its stock listing from NYSE American to the main NYSE board on 9 April.

The former bitcoin miner will develop up to 2,295 megawatts of AI compute capacity at its River Bend campus in Louisiana under a 15-year lease backed by Google, marking the largest single infrastructure deal in the crypto mining industry's pivot to artificial intelligence.