SANTA CRUZ – Paystand, a blockchain-based B2B payments network, said on Tuesday it has acquired Bitwage, a platform for cross-border payroll and payouts using stablecoins, aiming to bring faster, cheaper digital currency settlement to corporate finance. The deal, terms of which were not disclosed, comes as stablecoins—digital tokens pegged to assets like the U.S. dollar—gain traction…
Tag: Blockchain
Ripple raises $500 million, hits $40 billion valuation amid U.S. crypto policy shift
SAN FRANCISCO — Ripple, the digital assets and infrastructure firm closely associated with the cryptocurrency XRP, said Wednesday it has raised $500 million in new funding, lifting its valuation to $40 billion as it accelerates expansion beyond payments and deepens ties with institutional finance. The funding round was led by affiliates of Fortress Investment Group…
Ripple acquires digital asset custody firm Palisade
SAN FRANCISCO – Ripple, a provider of cryptocurrency and enterprise blockchain solutions, said on Tuesday it has acquired digital asset wallet and custody company Palisade, a move aimed at significantly expanding its services for financial institutions and corporations entering the digital asset space. The acquisition will combine Ripple’s existing “bank-grade vault” for long-term storage with Palisade’s…
Anemoi International to acquire Trasna Solutions Technologies for £150 million
LONDON: Anemoi International Ltd has entered into a non-binding term sheet for the proposed acquisition of 100% of the issued share capital of Trasna Solutions Technologies Limited by way of a reverse takeover (RTO). Acquisition of Trasna for total consideration of up to £150 million, payable entirely via the issue of new ordinary shares in…
Vault Ventures Plc has sold all of its Solana (SOL) holdings
LONDON: Vault Ventures Plc (AQSE: VULT), a London based technology developer focused on AI, blockchain and fintech innovation, has sold all of its Solana (SOL) holdings and realised a profit of approximately £96,000 ($130,000). Following the disposal the Company only holds Ethereum (“ETH”) in its treasury. The proceeds from the Disposal of SOL will be…
Active Energy Group signs heads of terms for 300 MW UAE renewable infrastructure pipeline
ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase of its 300-megawatt renewable infrastructure pipeline in the United Arab Emirates. Construction has begun on the first 8 MW of capacity, with completion targeted for January 2026. AEG…
Vaultz Capital appoints Aleksander Nowak as chief operating officer
LONDON: Vaultz Capital plc (AQSE:V3TC), a digital asset operating company, has appointed Aleksander (“Aleks”) Nowak as Chief Operating Officer (COO), effective immediately. The role is non-Board. Nowak will oversee core business functions and drive operational efficiency, aligning the company’s strategic objectives with its daily execution. His appointment comes as Vaultz Capital accelerates its growth trajectory…
OKX Ventures makes Series A investment in Taiko, a leading Ethereum Layer 2 solution
OKX Ventures, the investment arm of OKX, has announced its Series A investment in Taiko, a decentralized, Ethereum-equivalent ZK-Rollup that aims to scale Ethereum and enable a more inclusive Web3 ecosystem. Taiko is a Layer 2 solution that leverages zero-knowledge proofs (ZKPs) to achieve high scalability, low latency, and low fees, while preserving the security…
Valereum Plc announces strategic initiatives and capital raise for 2024-2025
LONDON, UK: Valereum Plc (AQSE: VLRM), a Gibraltar technology group, has announced its strategic initiatives and capital raise for 2024-2025, aiming to become a leading provider of innovative solutions for tokenising and trading digital assets. The company is planning to launch ‘The Bridge’, a blockchain-based digital financial markets infrastructure (DFMI) that supports the issuance, trading…
Coinsilium showcases its Web3 investment portfolio and future plans
LONDON, UK: Coinsilium Group Limited, a leading Web3 investor, advisor and venture builder, has released its latest investor presentation on its website and YouTube channel. The presentation covers the company’s investment and advisory activities in the Web3 space, as well as its vision and strategy for the future. Web3 is a term that refers to…
Ripple: The Fast and Reliable Solution for Cross-Border Payments
For decades, the process of sending money across borders has been plagued by high costs, slow processing times, and a lack of transparency. Traditional financial networks, while reliable, were built for a different era. Enter Ripple, a technology company that aims to overhaul this system using blockchain technology to create a faster, cheaper, and more…
Bitcoin Latinum to launch on 10 more global exchanges in 2022
Bitcoin Latinum (LTNM) announced its upcoming plan to launch on ten additional global exchanges in 2022, bringing its total to 20 publicly-traded exchanges. Bitcoin Latinum currently trades publicly on HitBTC ($6.2 billion in daily volume), FMFW.com ($4.5 billion daily volume), Changelly ($2.71 billion in daily volume), Changelly Pro, LBank ($1.1 billion in daily volume), DigiFinex, Hotbit,…