Imrat Group Scales Up International Presence: Active Expansion in Key Markets ETHNews
Imrat Group expands globally, operating in 50+ countries with a focus on digital finance and innovation. The hedge fund combines global strategy with local flexibility, promoting investment solutions and technological advancements.
Brazilian Financial Institution Braza Group Launches Dollar Stablecoin on XRP Ledger – Crypto News Bitcoin News
Brazil’s Braza Group launches USDB, a dollar-pegged stablecoin on the XRP Ledger, initially for institutional clients with retail access coming in May via their app.
Kraken to Launch Tokenized US Stocks for Non-American Customers, Enabling 24/7 Trading – News Bytes Bitcoin News
Kraken plans to offer tokenized U.S. stocks like Apple and Tesla for non-American clients, enabling 24/7 trading via blockchain technology under its xStocks initiative.
XDC Network’s XVC Tech Announces Investment in Laser Digital Carry Fund, Launches Institutional Fund Infrastructure with Libre
XVC Tech, XDC Network’s venture arm, invests in Laser Digital Carry Fund and partners with Libre to launch institutional-grade tokenized fund infrastructure on XDC Network.
Swedish Healthcare Firm H100 Group Buys 4.39 BTC, Becomes Sweden’s First Public Bitcoin Treasury Company – “The Defiant”
Swedish healthcare firm H100 Group AB purchases 4.39 BTC, becoming Sweden’s first public Bitcoin treasury company, aiming to boost financial sovereignty and innovation.
JPMorgan, BofA, Citi, Wells Fargo Eye Joint Stablecoin Venture: Report
Major US banks including JPMorgan, BofA, Citi, and Wells Fargo are considering a joint stablecoin venture, exploring demand and regulatory developments amid advancing US stablecoin legislation.
Kraken to Launch 24/7 Tokenized Trading of Apple, Tesla, Nvidia Shares for Non-US Clients – “The Defiant”
Kraken will offer 24/7 tokenized trading of U.S. stocks like Apple, Tesla, and Nvidia for non-U.S. clients via Solana blockchain, expanding access to global markets.
Russian Crypto Mining Giants BitRiver, Intelion Post Combined $200M Revenue for FY2024
Russian crypto mining firms BitRiver and Intelion reported combined revenues of $200M in FY2024, dominating over 50% of the market. BitRiver used 533MW across 15 data centers, while Intelion grew revenues by $50K.
XRP Ledger Welcomes First MiCA-Compliant EURØP and Brazil’s USDB Stablecoins
The XRP Ledger adds EURØP and USDB stablecoins, enhancing its role in tokenized finance. EURØP is MiCA-compliant, while USDB serves Brazil. Both aim for institutional and DeFi use, boosting global financial connectivity.
Traditional Finance Embraces Ethereum Layer 2s for Tokenized Assets News ETHNews
Traditional finance institutions are adopting Ethereum Layer 2 networks for tokenizing real-world assets, leveraging privacy, compliance, and scalability features over alternatives like Solana or Stellar.
