Tag: finance | BizAndTech Newswire

finance

Ant International Taps HSBC for First Bank-Led Tokenised Deposit Service in Hong Kong
Ant International has become the first corporate client to utilise HSBC’s new Tokenised Deposit Service in Hong Kong, marking a milestone in the city’s push to integrate blockchain into traditiona...

Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme
A federal jury convicted former SafeMoon Braden John Karony on all charges in a crypto fraud scheme that siphoned millions from investors under false promises of decentralized finance security. The ju...

Report: 7 M&A Deals Among Italian Banks Underway or Recently Concluded
Italy’s banking industry has reportedly seen seven merger and acquisition deals underway or recently concluded. Some of the deals are interrelated, Reuters reported Friday (May 23). The deals incl...

Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026
Bitwise and UTXO Management project that 20% of all Bitcoin (BTC) could migrate to institutional balance sheets by end-2026, according to a new report published by Bitwise and UTXO Management on May 2...

Monarch Money Raises $75 Million to Grow Financial Wellness Platform
Monarch Money has raised $75 million in a Series B funding round to continue growing its financial wellness platform. The company will use the new capital to add to its team and expand the breadth of ...

JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report
Top US banks are considering teaming up on a stablecoin, according to a Wall Street Journal report. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Early Warning Services (operator of Zelle) ...

Why America’s Biggest Banks Want to Reinvent the Stablecoin
After years of skepticism, traditional finance is not just dipping a toe into crypto. It may just be preparing to swim. That’s what is being implied by the news Thursday (May 22) that several of the...

Crypto Whales Bought These Altcoins in the Fourth Week of May 2025
This week has witnessed a notable surge in cryptocurrency trading activity. The momentum culminated in Thursday’s all-time high of $111,988 for the leading coin, Bitcoin. The renewed bullish mome...

Binance’s Changpeng Zhao rebuffs WSJ ‘fixer’ role assertion for Trump-affiliated World Liberty Financial
Changpeng Zhao, founder and former CEO of Binance, has pushed back against a recent Wall Street Journal (WSJ) article that claims he is acting as a “fixer” for World Liberty Financial (WLFI), a De...

3 US Crypto Stocks to Watch Today
Coinbase (COIN), MARA Holdings (MARA), and Galaxy Digital (GLXY) are three crypto US stocks making notable moves today. ...

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February