Western Union’s $1.4B Intermex deal advances Ripple and XRP in global payments
Western Union acquired Intermex for $1.4 billion, boosting Ripple and XRP adoption in cross-border payments, involving 150 countries and 500K agents.
Transak raises $16 million from Tether and IDG Capital for stablecoin expansion
Transak secured $16 million from Tether and IDG Capital to enhance stablecoin payments, targeting global expansion and infrastructure development in 2024.
OKX upgrades X Layer and burns 65M OKB tokens in Q2 2024
OKX announces X Layer upgrade and plans to burn 65,256,712.097 OKB tokens, enhancing scalability and reducing supply in Q2 2024.
Addressable User Radar enhances Web3 marketing with Ethereum and Solana integration
Addressable launched User Radar, a Web3 marketing tool, tracking 1M+ wallets, integrating Ethereum and Solana, enhancing targeted campaigns with on-chain data.
Pantera Capital invests $300M in crypto treasury firms for higher yields than ETFs
Pantera Capital invested $300M in crypto treasury firms, expecting yields to surpass ETFs. Bitcoin and Ethereum are key assets in this strategy.
KuCoin integrates UBS collateral for RWA expansion in 2024
KuCoin adds UBS-backed collateral to RWA offerings, expanding access to tokenized assets. The platform now supports over 50 digital assets with $10B in transactions.
Grayscale files for spot Cardano and Hedera ETFs in 2024
Grayscale explores spot ETFs for Cardano (ADA) and Hedera (HBAR), joining Bitcoin and Ethereum. ADA trades at $0.45, HBAR at $0.08 amid SEC scrutiny.
Fonte Capital debuts Central Asia’s first spot Bitcoin ETF with $50M target
Fonte Capital introduces Central Asia’s first spot Bitcoin ETF, targeting $50M AUM, with BTC at $42,000 and involvement from Kazakhstan regulators.
Pantera invests $20M in Openmind with Solana Ventures and Polygon Studios
Pantera led a $20M funding round for Openmind, a blockchain platform, with participation from Solana Ventures and Polygon Studios, boosting Web3 infrastructure development.
Trump-backed ALT5 Sigma raises $1.5 billion for WLFI treasury strategy
ALT5 Sigma secured $1.5 billion funding, backed by Trump, to launch WLFI treasury strategy, focusing on digital assets and institutional investments.
