Ripple Builds Strength in the Middle East: Collaborates with Zand Bank and Mamo
Ripple has enhanced its footprint within the UAE by forming a significant alliance with two local organizations. On 19 May 2025, the distributed record payment company declared that Zand Bank, the first fully licensed all-digital bank in the UAE, and Mamo, a fintech
$1B BTC Transaction: Basel Medical’s Nontraditional Treasury Approach
Basel Medical Group, a healthcare enterprise situated in Singapore, is embarking on an unanticipated path. Rather than merely opening additional clinics or introducing new healthcare services, it’s gearing up to incorporate an astounding $1 billion in Bitcoin into its corporate treasury. The $1B
$5Bn FTX Stimulus Injection Is Set To Propel Bitcoin To New ATH: Here’s The Reason
In the upcoming weeks, over $5 billion will be allocated to creditors of FTX from the estate of the now-defunct crypto trading network, with the next round of payments scheduled for May 30, as indicated by a statement from the FTX Recovery Trust
FalconX teams up with Standard Chartered to Enhance Digital Asset Ecosystem for Institutional Clients
The digital assets prime brokerage company, FalconX, which is based in Bengaluru, has formed a partnership with Standard Chartered. This collaborative effort marks FalconX's inaugural alliance with a conventional global bank, as highlighted in a Reuters article from 14 May 2025. Could this
Animoca Brands Aims for U.S. IPO as Trump Eases Crypto Regulations
Animoca Brands, a leading entity in Web3 gaming and digital assets, is considering a venture that would have seemed improbable not long ago: a public listing in the United States. However, due to a changing political climate in Washington, the company now views
Tether Invests $459M in Bitcoin to Establish New Treasury Company
Tether, recognized for operating the USDT stablecoin, has again made a significant investment in Bitcoin. This time, they’ve acquired $459 million in Bitcoin to launch a new initiative named “Twenty One,” a BTC treasury firm with intentions to enter the public market. This
Kraken Announces $472M in Q1 Earnings and Finalizes NinjaTrader Acquisition to Broaden Multi-Asset Trading Strategy
After a robust business performance in 2024, generating $1.5 billion in revenue, Kraken has published its latest report along with other official company releases. The Kraken Q1 2025 financial news disclosed that the crypto protocol earned $475 million in gross revenue, representing a
Kraken Announces $472M in Q1 Revenue and Finalizes NinjaTrader Acquisition to Broaden Multi-Asset Trading Goals
After a robust business performance in 2024, generating $1.5 billion in revenue, Kraken has unveiled its latest report along with other official announcements. The Kraken Q1 2025 financial news disclosed that the crypto platform achieved $475 million in gross revenue, reflecting a 19%
Tether Allocates Funds to Zengo Wallet: Enhancing Self-Custody and International Stablecoin Adoption in 2025
Prominent non-custodial wallet provider Zengo has revealed its strategic alliance with Tether, the leading entity in the stablecoin sector. As cryptocurrency usage continues to escalate and user numbers grow, secure self-custody storage options like Zengo Digital wallet are poised to become vital for
America’s BitGo Sets Its Sights on EU Following MiCA Endorsement from Germany’s BaFin
BitGo, a prominent cryptocurrency custody service based in the USA, has earned a Markets in Crypto-Assets Crypto law (MiCA) license from BaFin, Germany’s financial supervisory authority. This regulatory achievement enables BitGo to deliver digital asset services to institutional clients—including banks, asset managers, and
