Tag: Platform

MEXC launches prediction market platform amid surge in event-based trading

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Crypto exchange MEXC announced the launch of its new Prediction Market platform, allowing users to trade contracts tied to real-world outcomes such as geopolitical developments, macroeconomic events, and crypto industry milestones. The product turns global news events into tradable probability markets where traders can speculate on outcomes and adjust risk exposure in real time. MEXC said the platform will offer zero trading fees and millisecond-level execution speeds. Prediction markets have gained rapid traction over the past year. According to data cited by MEXC, leading platforms Polymarket and Kalshi processed more…

Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform

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Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has unveiled its funded trading platform that provides traders with capital while sharing profits based on performance, according to a Friday statement. Crypto proprietary trading is a model that allows traders to trade digital assets using capital provided by a proprietary trading firm rather than their own funds. To access a funded account, most retail models require traders to pass a challenge that evaluates profitability and risk discipline. If successful, traders will receive a…

Nvidia targets enterprise AI agents with new open-source NemoClaw platform

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Nvidia is preparing to launch an open-source AI agent platform called NemoClaw, according to a WIRED report, as the chipmaker expands its push into enterprise AI infrastructure. The platform is being pitched to enterprise software companies and would allow organizations to deploy AI agents capable of performing tasks for internal workforces. Sources told WIRED the system will work regardless of whether a company’s software runs on Nvidia chips. The move comes ahead of Nvidia’s annual developer conference in San Jose next week. Nvidia has reportedly approached companies including Salesforce, Cisco,…

Blockchain.com Expands Crypto Trading Platform to Ghana

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Crypto brokerage company Blockchain.com is expanding into Ghana as part of a broader push to grow its presence across Africa, following rapid user growth in Nigeria over the past year. The company said it plans to offer Ghanaian users access to its trading platform as it builds out regional infrastructure and explores additional African markets. The expansion follows strong growth in Nigeria, where the company launched retail operations last year and reported more than a 700% increase in brokerage transaction volume. According to the company, the most traded assets on its platform in the country have…

Amina Becomes First Regulated Bank on EU’s Blockchain Securities Platform

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Amina, a Swiss-regulated crypto bank, has joined a blockchain-based settlement platform for tokenized securities operating under the European Union’s DLT pilot regime, marking another step toward integrating digital asset infrastructure with traditional capital markets. The Zug, Switzerland-based company announced Monday that it has become a listing sponsor on the EU-regulated platform 21X, making Amina the venue’s first fully regulated bank participant. Amina said the move will allow it to support companies issuing tokenized securities on 21X through its partnership with Tokeny, a Luxembourg-based company that provides technology for creating and…

Coinbase Helps Dismantle Major Phishing Platform

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A coalition of tech companies and law enforcement, including Coinbase, has dismantled the core infrastructure of Tycoon 2FA, a major phishing-as-a-service platform that offered tools to bypass multi-factor authentication. Europol announced Wednesday that Microsoft helped block 330 domains linked to the platform, while law enforcement seized additional key infrastructure. Financial tracing was also a key aspect. Coinbase said it assisted by tracing blockchain-related transactions funding Tycoon 2FA, which helped identify the phishing platform’s alleged administrator and buyers. “Taking Tycoon’s core infrastructure offline cuts off a major pipeline for credential theft…

Tradeweb Leads $31M Investment in Crypto Trading Platform Crossover Markets

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Electronic trading company Tradeweb has led a $31 million Series B funding round in institutional crypto trading platform Crossover Markets, valuing the company at $200 million. The round included participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, Illuminate Financial and XTX Markets. According to Wednesday’s announcement, the deal also includes a strategic partnership that will allow Tradeweb’s clients to access spot crypto liquidity through Crossover’s CROSSx electronic communication network (ECN), marking the company’s entry into institutional cryptocurrency trading and linking its global network of institutional traders with digital…

Ripple Expands Institutional Stablecoin Payments Platform

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Ripple is expanding its stablecoin payments platform for banks and fintechs, aiming to reduce the need to park money overseas and speed up cross-border transactions. Ripple Payments, the company’s global payments platform that connects financial institutions to blockchain-based settlement rails, has been upgraded to support a broader stablecoin workflow, including collection, custody, conversion and payout, the San Francisco-based company announced Tuesday.  The move positions Ripple to compete more directly with legacy payment providers, as it is designed to reduce reliance on pre-funded accounts and traditional correspondent banking networks, which can…

Ripple upgrades its payments platform, integrating custody, liquidity, and automated payout capabilities

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Ripple is expanding Ripple Payments into a fully integrated solution that supports fiat and stablecoin collection, custody, liquidity, and payout workflows across global regulated markets, the company announced Tuesday. The upgrade integrates capabilities from the company’s recent acquisitions of Palisade and Rail to enable virtual accounts, automated payment flows, managed custody, and consolidated settlement. This allows enterprise clients to collect, hold, convert, and distribute funds through a single unified interface, as noted by the team. Ripple’s President Monica Long said that the expansion supports their effort to deliver trusted, licensed…

Jesse Walden: Daily active traders are the key to crypto platform growth, how blockchains redefine finance, and the role of permissionless markets in regulatory change

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Crypto’s growth is redefining finance by cutting out intermediaries and reshaping market standards. Key takeaways Daily active traders are a crucial metric for evaluating the growth and health of crypto platforms. Market dynamics are essential in establishing new standards for digital media assets. Blockchains are expanding the definition of finance by enabling diverse market opportunities. Permissionless markets can influence regulators and institutions, driving change in the financial landscape. The crypto asset class is expected to grow significantly, reducing transaction costs by eliminating intermediaries. Crypto protocols enable new behaviors, leading to…