Track TradFi and crypto news, including banks, brokers, asset managers, and the convergence of legacy finance with digital assets.
Sumitomo Mitsui aims to modernize cross-border payments by launching a fiat-backed stablecoin on Avalanche with Ava Labs and Fireblocks.
Assad Jafri 2 min read 
The long-awaited IPO filing revealed $156.9 million in net income from last year, down from $271.5 million in 2023.
Amid growing legislative support for stablecoins, Circle's pursuit of a $4 billion valuation aligns with improving US IPO conditions.
Strategy Adds 22,048 Bitcoin, Surpasses Half-Million BTC Milestone.
Canary Capital CEO Steven McClurg told CryptoSlate that the firm's goal is to find opportunities before they become a trend.
The asset manager recently filed for a tokenized fund, following other traditional finance giants such as BlackRock and Franklin Templeton.
21Shares capitalizes on growing institutional interest to inroduce transparent crypto ETPs in Europe.
Bitcoin's performance alongside the Nasdaq highlights its growing role in investment portfolios, according to Standard Chartered.
Privacy is the key to crypto's future as public wallets expose vulnerabilities and scare off institutional investors.
