Latest FinTech & Blockchain News
FINNY AI Raises $17M in Series A Funding
FINNY AI Inc., an AI-powered platform for financial advisors, secured $17 million led by Venrock, with investors including former Vanguard CEO William McNabb. Funds will expand engineering, product development, and go-to-market efforts, leveraging its F-Score engine for prospecting.
Broadridge Enhances Multi-Asset Portfolio and Trade Order Capabilities
Global fintech leader Broadridge Financial Solutions announced significant upgrades to its multi-asset portfolio and trade order management. These enhancements aim to improve efficiency for financial advisors in handling diverse assets.
Tradeweb Completes First Fully Electronic Auction for Brokered CDs on Blockchain
Tradeweb Markets executed the industry's first fully electronic auction for brokered certificates of deposit on its retail platform, powered by Alphaledgerâs blockchain technology, between Gateway First Bank and InspereX.
Truist Launches Electronic Direct Deposit Switching with Atomic
Truist Financial integrated electronic direct deposit switching into its digital onboarding, developed with Atomic, enabling easy transfers. Since August launch, 19% of engaging applicants switched accounts.
Fold Holdings Joins Russell 2000 Index
Bitcoin fintech Fold Holdings (NASDAQ: FLD) was added to the Russell 2000, validating its position with over 1,500 BTC in treasury and products like Fold App and Bitcoin Rewards Credit Card. CEO Will Reeves highlighted increased investor visibility.
MSCI Considers Excluding Crypto-Heavy Companies from Indexes
MSCI may remove firms with over 50% assets in digital assets, risking Strategy (MicroStrategy) with potential $2.8B outflows. Decision due January 15, impacting 38 companies worth $46.7B amid sector growth to $150B market cap.
2025 Crypto Trends: Wall Street Embrace of Stablecoins and DeFi Growth
Crypto in 2025 featured Wall Street's adoption of stablecoins and tokenized assets, plus DeFi expansion via platforms like Hyperliquid and Coinbase adding Jupiter aggregator. Decentralized exchanges gained significant trading volume share.
Bitmine Immersion ETH Holdings Surpass 4 Million Tokens
Bitmine Immersion Technologies announced 4.066 million ETH holdings, totaling $13.2B in crypto and cash, backed by investors like Cathie Wood and Tom Lee. Aiming for 5% of ETH supply with upcoming MAVAN staking network.
Arizona Bills Propose Ban on Crypto and Blockchain Taxes
House Bill 2749 and Senate Bill 1370 seek to exempt crypto purchases, holdings, mining rewards, and blockchain R&D from state taxes, positioning Arizona as a digital innovation hub. Could attract miners and firms, injecting $5B economically.
Silicon Valley Acquisition Corp Prices $200M IPO Targeting FinTech and Crypto
Silicon Valley Acquisition Corp (SVAQU) priced its $200M IPO of 20 million units at $10 each, listing on Nasdaq December 23, seeking targets in fintech, crypto/digital assets, AI infrastructure, and energy transition.
JPMorgan Explores Crypto Trading for Institutional Clients
JPMorgan Chase is considering offering cryptocurrency trading services to institutional clients, signaling further Wall Street integration with digital assets.
Global Stablecoin Regulations Advance in 70% of Jurisdictions
TRM Labs' 2025 review shows stablecoins dominating policy in 30 jurisdictions, with launches like Japan's JPYC and advances in Australia and Singapore. Regulators focus on reserves, AML, and bridging TradFi with blockchain.