Financial Infrastructure stories

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.

SoFi and Galileo expand FedNow access with instant transfers both ways, as Bill Kennedy says the platform could open the same service to partners.

AlphaSense appoints former hedge fund founder Samantha Greenberg as Chief Financial Officer to bolster its capital strategy as the AI firm expands globally.

QuSecure names Silicon Valley veteran Tom Lounibos as strategic advisor amid rising demand for post-quantum cryptography and enterprise migration services.

Apax Digital takes stake in London FX risk firm MillTech in USD $60 million deal as North American expansion gathers pace.

SoFi expands into corporate banking with a regulated platform for deposits, payments and stablecoin settlement, targeting crypto firms and fintechs.

Linux Foundation takes control of Coinbase's x402 protocol as Amazon, Visa and Mastercard back open payments standard for AI-driven web transactions.

Ripple adds digital asset treasury tools for CFOs, bundling XRP and RLUSD with cash in one dashboard as stablecoin use rises.

OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.

Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.

Earlyasset emerges from stealth with $2 million pre-seed backing to build infrastructure for broader private market share sales.

Tether Gold debuts on BNB Chain as Paolo Ardoino's firm seeks wider reach for tokenised bullion amid a surge in demand for real-world assets.

Rhino.fi unveils Stablecoin 1:1, promising predictable USDT and USDC cross-chain settlements for businesses across 25+ networks.

OpenAI selects Brex to run global spend and finance operations, as automation tools vie to serve the fast-growing AI sector's complex needs.

Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.

Crypto slips from the spotlight as blockchain quietly rebuilds finance, joining forces with AI to reshape money's hidden plumbing.

Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.

Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.

Aon pilots stablecoin insurance premium payments with Coinbase and Paxos, testing USDC and PYUSD settlement across Ethereum and Solana.