FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
SWI Group has raised €800 million to expand AI infrastructure, advancing its plan to repurpose FTX-backed Bitcoin miner Genesis Digital Assets. On Oct. 12, the…
XRP’s next Wall Street expansion comes with an unexpected complication from Ripple
Evernorth is preparing to begin trading on Nasdaq on Monday, bringing approximately 473 million XRP into a publicly traded treasury company. The company completed its…
Sky’s $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route
Sky.money reported more than $4.4 billion of stablecoin liquidity in its Peg Stability Module in an Oct. 9 explanation of the conversion mechanism. The PSM…
IMF finds over half of tokenized US stock trading happens after Wall Street closes
More than half of sampled tokenized US stock trading occurs outside Wall Street’s regular hours, the International Monetary Fund (IMF) found. The IMF’s October Global…