Blockchain / Crypto

Tim Draper leads $3.2M seed in Ryder to simplify crypto self-custody

Ryder said the fresh capital will be used to ramp up production, expand marketing and engineering, and accelerate development of Ryder One, which the company pitches as a hardware wallet that can be set up in “60 seconds or less.” The company is planning a broader marketing push to build brand awareness as it brings the device to more users.

MAS launches BLOOM initiative to enable tokenized, stablecoin settlements

The Monetary Authority of Singapore (MAS) announced Thursday a new initiative – BLOOM (Borderless, Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions.

HashKey Exchange inks MOU with HATA to deepen expansion in Southeast Asia

HashKey Exchange, Hong Kong’s largest licensed virtual asset exchange, announced Tuesday the signing of a Memorandum of Understanding (MOU) with HATA, Malaysia’s licensed digital asset exchange to deepen its expansion in Southeast Asia.

Singapore’s DigiFT, Bybit, UBS uMINT team up to expand collateral solution for institutions

Singapore's on-chain platform DigiFT announced Monday a strategic collaboration with Bybit, the world's second-largest cryptocurrency exchange by trading volume, to support UBS's USD Money Market Investment Fund Token (UBS uMINT), a token corresponding to the first tokenized investment fund launched by UBS Asset Management.

Moomoo Singapore partners Fireblocks to expand digital asset services

Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, has on Wednesday announced that Moomoo, a global investment and trading platform, will integrate Fireblocks' Wallets-as-a-Service (WaaS) infrastructure, to expand and enhance its digital asset and crypto offerings, while ensuring…

UAE’s Fasset secures provisional banking license for stablecoin-powered Islamic bank in Malaysia

Fasset, a United Arab Emirates (UAE) financial superapp, has secured approval from Malaysia to provide banking services.

Dtcpay partners with WalletConnect to advance onchain payments and stablecoin adoption

Dtcpay, a Singapore-based licensed major payment institution (MPI), announced last Wednesday a strategic partnership with WalletConnect, the connectivity layer for the financial internet, to advance onchain payments and stablecoin adoption.

YY Group partners with Obita to strengthen global ecosystem with stablecoin payment infrastructure

YY Group Holding Limited, a Singapore-based workforce solutions and integrated facility management (IFM) platform provider, announced Wednesday that it has partnered with Obita, an enterprise-level cross-border payment and digital financial network, to strengthen global ecosystem with stablecoin payment infrastructure.

MAS and industry partners publish technical report on proof-of-concept Sandbox for quantum-safe communications within the financial sector

The Monetary Authority of Singapore (MAS), in collaboration with DBS, HSBC, OCBC, UOB, SPTel and SpeQtral, has successfully completed a proof-of-concept (PoC) sandbox to evaluate the use of Quantum Key Distribution (QKD) for secure communications in the financial sector.

Temasek backs UK blockchain payment firm Fnality’s $136M Series C funding

Fnality, the operator of next generation wholesale payment systems in the United Kingdom, announced Tuesday it has raised $136 million in a Series C funding round led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb.