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Nasdaq-listed bitcoin financial services company Fold Holdings has announced that it has been included in the Russell 2000 Index, a diversified group of U.S. small-cap stocks that account for about 5% to 7% of the total market capitalization of U.S. listed stocks. Mutual funds, ETFs, and other asset managers use it as a benchmark for the small-cap market.
According to Crowdfundinsider, Seattle-based digital money transfer service Remitly has announced that it will adopt stablecoins to enhance its international money transfer capabilities. The company plans to provide its customers in more than 170 countries with faster and more cost-effective cross-border transfer solutions through blockchain technology. CEO Matt Oppenheimer said at the JPMorgan Chase 2025 conference that this is part of the company's overall strategy to enhance customer experien...
ProCap BTC, LLC, a bitcoin-native financial services company backed by crypto investor Anthony Pompliano, has announced that it and Nasdaq-listed Columbus Circle Capital Corp have confidentially filed a draft Form S-4 registration statement with the Securities Exchange Commission (SEC) seeking approval for a business merger transaction between the two companies, subject to customary closing conditions, including approval by olumbus Circle Capital Corp shareholders.
According to Techinasia, crypto financial services company ProCap announced on June 23 that it plans to go public through a merger with special-purpose acquisition firm Columbus Circle Capital Corp. The merged company will be renamed ProCap Financial, with Pompliano as chairperson, and plans to build up to $1 billion in bitcoin reserves. At present, the company has not disclosed a specific revenue strategy. According to Constantine Karides, the deal's chief legal officer, ProCap Financial plans ...
Financial services firm Guggenheim Treasury Services announced the launch of Digital Commercial Paper (DCP) on Ripple's XRP Ledger, providing institutional investors with access to short-term debt instruments through a decentralized financial network. The product, backed by U.S. Treasury bonds, will leverage the 24/7 trading, fast settlement and low-cost trading benefits of the XRP Ledger. As part of the partnership, Ripple will invest $10 million in the DCP project.
According to the Financial Times, financial services firm Cantor has raised close to $3 billion for a cryptocurrency venture partnered with SoftBank and TEDA. TEDA will provide $1.50 billion worth of bitcoin, while SoftBank and bitcoin trading platform Bitfinex contribute $900 million and $600 million respectively.
On April 15, Japanese medical service company SBC Medical Group Holdings announced that based on the announcement of the decision to purchase bitcoin disclosed on February 12, 2025, as of April 14, 2025, it has completed the purchase of 5 BTC (approximately 60 million yen/400,000 US dollars). Earlier in February, SBC Medical announced plans to purchase 1 billion yen (about $6.70 million) worth of bitcoin to achieve the long-term strategic goal of asset diversification and fighting inflation, whi...
According to Bitcoin Magazine, Fold Holdings, a bitcoin rewards financial services company, announced that it has increased its holdings of 10 bitcoins and invested $875,000.
Bitcoin financial services company Onramp and lending platform Arch have announced a partnership to launch a Bitcoin collateralized lending service. The service allows BTC holders to use their assets as collateral to obtain cash or stablecoin loans for liquidity without having to sell bitcoin.
Financial services firm Cantor Fitzgerald has agreed to acquire a 5% stake in stablecoin issuer Tether in 2023, and WSJ reported on Nov. 24, citing business partners familiar with the matter, that the stake was worth $600 million at the time of the agreement. This could mean Tether will gain more political support as Howard Lutnick, the CEO of Cantor Fitzgerald, was named commerce secretary to US President-elect Donald Trump on November 19.
