X Money, a new financial service from X, is set to launch in a limited external beta within the next 1-2 months, followed by a worldwide rollout to all X users. Elon Musk emphasizes that X Money aims to become the central hub for all monetary transactions, describing it as a potential game-changer. This initiative is part of X’s broader strategy to expand its financial services and enhance its everything app capabilities.
BNP Paribas has issued tokenized shares on the Ethereum blockchain through its AssetFoundry™ platform, utilizing a permissioned model aimed at institutional investors. This initiative builds on the bank’s previous work with SWIFT for onchain interoperability […]
Crypto.com has launched a new individual retirement account (IRA) product in the U.S. that combines investments in both stocks and cryptocurrencies, allowing users to manage their retirement savings through a single tax-advantaged account. This launch […]
Since the beginning of the year, over 400,000 new liquidity provider (LP) positions have been established, highlighting a surge in permissionless capital in the financial markets. This trend illustrates the growing interest in decentralized finance, […]