Tag: Launch

Western Union to Launch Stable Card, Issue Its Own Coin

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Western Union has unveiled plans to introduce a new “stable card” to protect users in high-inflation economies as part of its stablecoin strategy. Speaking at the UBS Global Technology and AI conference, chief financial officer Matthew Cagwin said the initiative builds on the company’s investor-day reveal that it is moving beyond traditional cross-border payments and into a multi-pillar digital asset roadmap. Cagwin pointed to Argentina, where annual inflation recently hit 250–300%, noting that remittances can lose nearly half their value in a month. “Imagine a world where your family in…

SEC approves first leveraged Sui ETF as 21Shares prepares launch on Nasdaq

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Key Takeaways The SEC has approved the first leveraged Sui ETF, introduced by 21Shares. This is the first US-based leveraged product providing 2x exposure to Sui, a Layer-1 blockchain. Share this article The SEC today approved the first leveraged Sui ETF, issued by 21Shares, a leading issuer of crypto exchange-traded products, which is set to launch the fund on Nasdaq. The 2x long Sui ETF will trade under the ticker TXXS and offer magnified exposure to the Layer 1 network. The leveraged structure utilizes derivatives to amplify returns through a…

MrBeast set to launch financial services and mobile phone businesses

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Key Takeaways MrBeast is launching Beast Mobile and a financial services platform targeting his audience. The new ventures aim to focus on financial literacy, fintech, and creator economy partnerships. Share this article Beast Industries, led by YouTube’s top creator MrBeast, is formalizing a major push beyond entertainment into heavily regulated markets. At the DealBook Summit, CEO Jeffrey Housenbold announced the upcoming launch of a financial services platform and Beast Mobile, a phone service targeting MrBeast’s massive audience. The announcement comes after MrBeast filed a trademark for ‘MrBeast Financial’ in October,…

Fin Raises $17M to Launch Global Stablecoin Payments App

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Former Citadel engineers Ian Krotinsky and Aashiq Dheeraj have raised $17 million to launch Fin, a stablecoin-powered payments app designed for high-value cross-border transactions. According to Fortune on Wednesday, the startup, previously known as TipLink, closed the round with backing from Pantera Capital, Sequoia and Samsung Next. Fin plans to pilot the app within the next month, targeting import-export businesses that often move hundreds of thousands of dollars at a time. Built around stablecoin rails, Fin will enable users to send funds to other payment apps, bank accounts, and crypto…

Former Citadel team secures $17M Series A to launch Fin’s payments product on Solana

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Key Takeaways Fin, founded by ex-Citadel employees, raised $17 million in Series A funding led by Pantera Capital. The capital will support the launch and expansion of Fin’s stablecoin payment platform on Solana. Share this article Fin, a startup founded by former Citadel employees, secured $17 million in Series A funding led by Pantera Capital to launch its stablecoin-powered payments product on Solana. The round will support team expansion and product development for the blockchain-based payment solution. Co-founders Ian Krotinsky and Aashiq Dheeraj are developing the payments platform to leverage…

Solana Mobile plans to launch SKR token in January 2026

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Key Takeaways Solana Mobile expects to launch the SKR token in January 2026 as part of its crypto-native smartphone ecosystem. The SKR token will be used for staking with entities called Guardians, who will enforce security and community standards for devices. Share this article Solana Mobile plans to launch its SKR token in January 2026, designed to power staking, device security, and dApp curation across its crypto-native smartphone ecosystem. The token will enable users to stake to entities called Guardians, who will handle device verification and enforce community standards within…

CME Group’s securities clearing house receives SEC approval, set to launch in Q2 2026

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Key Takeaways CME Securities Clearing Inc. has received SEC approval and will launch in Q2 2026. The new clearing house will serve US Treasury and repo transactions. Share this article CME Securities Clearing Inc., a securities clearing house operated by CME Group, received SEC approval this week and will launch in Q2 2026. The entity will provide clearing services for US Treasury and repo transactions. The approval enables CME Securities Clearing to help market participants meet upcoming regulatory clearing requirements for Treasury and repo markets. The clearing house will offer…

Further and 3iQ Launch $100M Bitcoin-Denominated Crypto Fund

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United Arab Emirates-based digital asset manager Further Asset Management has partnered with Canadian crypto investment firm 3iQ to launch a $100 million hedge fund targeting institutional investors seeking structured exposure to cryptocurrencies, including a Bitcoin-denominated share class that reinvests gains directly into BTC. According to a Wednesday announcement, the Further x 3iQ Alpha Digital Fund is a market-neutral, multi-strategy vehicle designed to deliver risk-managed exposure to liquid crypto markets under an institutional framework. The fund was seeded with capital from institutional investors, family offices and sovereign backers. “We’re providing institutional-grade,…

Qivalis to launch euro stablecoin by 2026 backed by major European banks

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Key Takeaways Qivalis, backed by a consortium of 10 major European banks, plans to launch a euro-pegged stablecoin by late 2026. The initiative aims to create a digital euro stablecoin as an alternative to US dollar-dominated assets, enhancing European financial sovereignty. Share this article Qivalis, a newly incorporated Amsterdam-based company established by a consortium of ten major European banks, announced today its plans to launch a euro-pegged stablecoin by the second half of 2026. The consortium includes major financial institutions such as ING, UniCredit, and BNP Paribas. The company is…

Sonnet shareholders approve Hyperliquid merger to launch HYPE-focused crypto treasury

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Key Takeaways Sonnet BioTherapeutics shareholders have approved a merger, pivoting the company to a crypto treasury strategy focused on the HYPE token. The newly combined entity, Hyperliquid Strategies Inc (HSI), will hold $888 million in assets and become one of the largest holders of HYPE. Share this article Sonnet BioTherapeutics Holdings Inc has received shareholder approval for its proposed business combination with Hyperliquid Strategies Inc and Rorschach I LLC. The deal paves the way for the launch of the first digital asset treasury focused on HYPE, the native token of…