Tag: Platform

China-Led CBDC Platform mBridge Tops $55 Billion in Transaction Volume

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China-led cross-border digital currency platform mBridge has processed more than $55 billion in transactions as efforts to build payment rails that operate outside traditional dollar-based systems find momentum. Project mBridge, a multi-central bank digital currency (CBDC) platform, has now settled over 4,000 cross-border transactions with a cumulative value of roughly $55.5 billion, according to data compiled by the Washington-based Atlantic Council. That figure marks a nearly 2,500-fold increase since the project’s early pilot phase in 2022. The platform is currently being tested by central banks in mainland China, Hong Kong,…

London Stock Exchange unveils blockchain-powered platform for cash and digital assets

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Key Takeaways LSEG launched a blockchain-powered settlement platform named Digital Settlement House (DiSH). The service aims to minimize settlement risk, improve liquidity management, and enable round-the-clock asset and margin management. Share this article London Stock Exchange Group (LSEG) has rolled out a blockchain-based settlement platform that lets financial institutions move real commercial bank money and settle assets instantly, 24/7, across both traditional and digital asset networks. The service, the Digital Settlement House (LSEG DiSH), enables near-instant payment-versus-payment (PvP) and delivery-versus-payment (DvP) settlement using commercial bank deposits. These deposits are recorded…

Ukraine Blocks Polymarket, Labels Platform for Offering Unlicensed Gambling

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Ukraine has blocked access to the prediction market platform Polymarket, classifying its activities as unlicensed gambling under national law. The decision was issued by the National Commission for the Regulation of Electronic Communications (NCEC) on Dec. 10, 2025, under Resolution No. 695. The ruling requires internet service providers to restrict access to online resources that organize, conduct or facilitate gambling without a valid license. As part of the enforcement, the domain polymarket.com has been added to Ukraine’s public register of blocked websites, effectively cutting off local access to the platform,…

Trump-backed World Liberty debuts WLFI Markets, a new lending and borrowing platform

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Key Takeaways World Liberty Financial launched World Liberty Markets to enhance utility for its USD1 stablecoin. At present, the lending markets support assets on the Ethereum network, with more assets and network support planned over time. Share this article World Liberty Financial, the DeFi venture backed by the two Trump sons, has rolled out World Liberty Markets, a new lending and borrowing platform that lets users earn yield and access liquidity directly onchain. According to the company, the product is designed to give users greater financial flexibility by removing intermediaries…

Cloudforce secures $10 million to expand AI platform across education and healthcare

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Key Takeaways Cloudforce, a Maryland-based AI company, raised $10 million in Series A funding led by Owl Ventures. The funding round saw participation from Microsoft’s venture fund, M12, granting Cloudforce access to Microsoft’s enterprise resources. Share this article Cloudforce, an AI firm that specializes in the Microsoft cloud ecosystem, has secured $10 million in a Series A funding round led by Owl Ventures, with participation from M12, Microsoft’s Venture Fund. Owl Ventures’ Lyman Missimer said Cloudforce stands out for its ability to reengineer AI infrastructure for higher education in a…

Temple Digital Group Launches Institutional Trading Platform on Canton

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Temple Digital Group has launched a private, institutional trading platform built on the Canton Network, offering continuous, 24/7 trading of digital assets using a central limit order book and non-custodial market structure. According to an announcement shared with Cointelegraph on Thursday, the platform supports trading in cryptocurrencies and stablecoins and is designed to allow institutions to transact with approved counterparties while maintaining privacy and regulatory oversight, with participants retaining custody of assets rather than relying on a central intermediary. The system is built around a price-time priority central limit order…

Fireblocks Acquires Crypto Accounting Platform TRES For $130M

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Digital asset infrastructure company Fireblocks has spent $130 million to acquire crypto accounting platform TRES, tapping the company for its tax compliance infrastructure to support institutions.  Fireblocks said on Wednesday that with stablecoin settlements exceeding “hundreds of billions monthly” and enterprises running “entire treasury flows on-chain,” there is a strong need for sufficient blockchain accounting protocols to remain compliant.  “Both crypto-native firms and traditional institutions need clear, accurate accounting and auditability. By offering TRES and Fireblocks together, customers can now run both their digital asset operations and get the financial…

Fireblocks acquires crypto accounting platform TRES in $130M cash and equity deal

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Key Takeaways Fireblocks acquired TRES Finance for $130M in cash and equity. The deal expands Fireblocks’ infrastructure to include audit-ready accounting and financial reporting capabilities. Share this article Fireblocks, a digital asset custody and transaction infrastructure provider, has acquired crypto accounting platform TRES Finance in a deal valued at $130 million in cash and equity, according to executives cited by Fortune. The acquisition aims to expand Fireblocks’ infrastructure to meet rising compliance and operational demands from enterprise clients. Founded over seven years ago, Fireblocks has grown into a leading provider…

Barclays Invests In Ubyx Stablecoin Platform

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Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company. The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims to connect regulated issuers with banks and fintech companies. Barclays did not disclose the size of the investment. “As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly,” said Ryan…

Brett Harrison Raises $35M for Institutional Derivatives Platform

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Brett Harrison, the former president of the now-defunct FTX US exchange, has closed a $35 million funding round for his new derivatives venture, signaling renewed investor confidence in the sector and continued venture appetite for crypto-linked derivatives infrastructure. On Tuesday, The Information reported that Harrison’s startup, Architect Financial Technologies, is using the funding to build an institutional trading platform spanning derivatives, equities, futures and digital assets. Participants in the round included Miax, Tioga Capital, ARK Investment, Galaxy and VanEck. The new capital follows a $12 million funding round in 2024…