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Trump-Backed WLFI Eyes FX, Remittance Expansion
World Liberty Financial plans to launch a foreign exchange and remittance platform as it expands beyond DeFi lending, drawing political scrutiny
World Liberty Financial, a decentralized finance platform backed by the Trump family, plans to launch foreign exchange and remittance services under a new product called World Swap. The initiative targets segments of the global FX market, where daily trading volume exceeded $9.6 trillion in April 2025, and the remittance sector, which processed $892 billion in 2024.
The expansion follows WLFI’s January application for a national trust bank charter and the rollout of its lending platform, World Liberty Markets. No timeline for the FX and remittance launch has been disclosed. The move positions WLFI against established cross-border payment providers and traditional FX intermediaries, as digital asset firms increasingly seek exposure to real-world financial flows.
WLFI has also faced scrutiny over foreign investment ties. A UAE-backed vehicle acquired a 49% stake for $500 million ahead of the January 2025 presidential inauguration, prompting questions from Democratic lawmakers regarding governance and national security implications.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bitcoin Miner Cango Raises $75.5 Million amid AI Infrastructure Pivot
Cango secured $75.5 million in fresh equity financing following a $305 million Bitcoin sale, as the miner shifts toward AI and high-performance computing infrastructure.
Cango has closed a $10.5 million equity investment from Enduring Wealth Capital and agreed to raise an additional $65 million from entities controlled by Chairman Xin Jin and director Chang-Wei Chiu. The Class B shares issued to Enduring carry 20 votes per share, lifting its voting power to 49.7% while keeping economic ownership below 5%. The remaining financing, subject to NYSE approval, will be completed through Class A shares priced at $1.32 each.
The capital raise follows Cango’s sale of 4,451 BTC for roughly $305 million at a time when Bitcoin was trading near $65,930. Proceeds were used to reduce leverage tied to a Bitcoin-backed loan, reflecting a broader balance sheet restructuring amid ongoing sector volatility.
The company said it plans to redeploy its grid-connected mining infrastructure toward AI and high-performance computing services. The move comes as publicly traded miners face earnings pressure and Bitcoin price swings, with mining equities broadly underperforming in recent sessions.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Coincheck Reports $915 Million Revenue, Names New CEO
Coincheck posted $915 million in third-quarter revenue and returned to profitability as Pascal St-Jean prepares to assume the CEO role in April.
Coincheck Group reported third-quarter revenue of $915 million, up 17% from a year earlier, as the digital asset platform returned to profitability. Net income reached $2.6 million, compared with a $98.5 million loss in the same period last year. Adjusted EBITDA declined to $9.1 million, reflecting a 25% drop in marketplace trading volume.
Revenue growth was supported in part by the first full-quarter contribution from Aplo, a Paris-based institutional prime brokerage acquired in October, which added $83 million. Customer assets totaled $6 billion, down from prior periods due largely to lower crypto prices rather than reduced token holdings.
The company also announced that CEO Gary Simanson will step down at the end of March, with 3iQ CEO Pascal St-Jean set to take over. The leadership transition aligns with Coincheck’s pending acquisition of nearly full ownership of 3iQ, positioning the firm to expand its institutional asset management footprint.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Standard Chartered Cuts Crypto Outlook, Sees Bitcoin at $50,000
Standard Chartered lowered its near-term crypto forecasts, projecting Bitcoin could fall to $50,000 and Ether to $1,400 before stabilizing.
Standard Chartered has reduced its near-term outlook for digital assets, projecting that Bitcoin could decline to $50,000 and Ether to $1,400 in the coming months before recovering later in the year. The bank also trimmed its year-end targets for both assets, citing continued market pressure and weaker sentiment.
According to the bank’s digital assets research team, exchange-traded fund outflows have weighed on prices, with holdings down significantly from their October 2025 peak. Many ETF investors who entered at higher price levels are currently at a loss, which may limit near-term dip buying. Macro conditions, including uncertainty around US monetary policy, are also constraining risk appetite.
Standard Chartered lowered its forecasts for several major tokens, including Solana, XRP, BNB, and Avalanche, aligning projections more closely with bitcoin and ether performance. Despite the cautious short-term view, the bank noted that the current downturn lacks the structural failures seen in prior cycles, reflecting a more institutionally anchored market environment.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Malaysia Central Bank Launches Stablecoin and Tokenization Sandbox
Bank Negara Malaysia has introduced a regulatory sandbox to pilot ringgit stablecoins and tokenized bank deposits for wholesale settlement.
Bank Negara Malaysia said it is launching three regulatory sandbox programs under its Digital Asset Innovation Hub to explore ringgit-backed stablecoins, tokenized bank deposits, and real-world asset tokenization. The pilots will focus on wholesale cross-border settlement and institutional use cases rather than retail applications. Findings may inform future development of a wholesale central bank digital currency.
The central bank is working with financial institutions, including Standard Chartered, CIMB Group, Maybank, and Capital A. The program will also assess Shariah compliance considerations, reflecting Malaysia’s dual financial system. Officials said the initiative is designed to guide future policy in digital asset infrastructure and onchain settlement.
The sandbox builds on a broader three-year roadmap to expand asset tokenization across supply chains, programmable finance and cross-border payments. As more jurisdictions evaluate wholesale stablecoins and CBDCs, Malaysia’s approach underscores growing competition among central banks to modernize settlement systems while maintaining regulatory oversight.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Deel Partners With MoonPay for Stablecoin Payroll in Europe
Deel will enable stablecoin salary payouts for workers in the UK and EU through a partnership with MoonPay, with US expansion planned.
Global payroll provider Deel will begin offering stablecoin salary payouts to workers in the United Kingdom and European Union through a partnership with MoonPay. The rollout is scheduled to begin next month, with a US expansion planned at a later stage. Employees will be able to opt to receive part or all of their wages in stablecoins sent directly to non-custodial crypto wallets.
Deel, which processes roughly $22 billion in annual payroll, will integrate MoonPay’s infrastructure to handle stablecoin conversion and onchain settlement. Deel will continue managing payroll operations and compliance, while MoonPay facilitates the crypto transaction layer. The companies did not disclose which stablecoins will be supported or provide a timeline for the US launch.
The move comes as competition intensifies in the stablecoin market following new US regulatory frameworks and Europe’s MiCA regime. While dollar-pegged tokens remain concentrated among a few issuers, enterprise integrations such as payroll distribution represent a potential expansion of real-world use cases beyond trading and remittances.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
BlackRock Brings Tokenized Treasury Fund to Uniswap
BlackRock will list its $2.1 billion tokenized Treasury fund on Uniswap, marking its first formal step into decentralized finance infrastructure.
BlackRock is bringing its USD Institutional Digital Liquidity Fund, or BUIDL, to Uniswap, marking the asset manager’s first formal integration with decentralized finance infrastructure. The move will allow eligible institutional investors and market makers to trade the tokenized US Treasury fund on a decentralized exchange. BUIDL currently holds more than $2.1 billion in assets, making it the largest tokenized money market fund.
The initiative is being facilitated by tokenization firm Securitize, which partnered with BlackRock on BUIDL’s launch. As part of the arrangement, BlackRock will also acquire an undisclosed amount of Uniswap’s UNI governance token. Trading access is expected to expand gradually beyond an initial group of approved participants.
The development reflects accelerating institutional interest in tokenized real-world assets as traditional asset managers seek blockchain-based settlement efficiencies. Wall Street firms, including Goldman Sachs and BNY, have explored similar structures, while policymakers debate stablecoin regulation that could reshape short-term liquidity markets. BlackRock’s entry into DeFi underscores the convergence of regulated financial products with onchain trading venues.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Bernstein Sees Upside in Robinhood Despite Crypto Slowdown
Bernstein reiterated its bullish stance on Robinhood, calling recent crypto revenue weakness temporary as prediction markets and new initiatives gain traction.
Bernstein reaffirmed its positive outlook on Robinhood after the trading platform reported a year-over-year decline in fourth-quarter crypto revenue. Shares fell following earnings, reflecting a 38 percent drop in crypto transaction revenue to $221 million, even as total net revenue rose 27 percent to a record $1.28 billion. The firm maintained its $160 price target, citing temporary weakness in digital asset activity.
Analysts described the crypto slowdown as cyclical rather than structural, noting continued growth in funded accounts, subscription products and retirement assets. Prediction markets contributed roughly 14 percent of transaction-based revenue in the quarter, with volumes exceeding expectations. Robinhood’s expansion into banking and subscription services also added new recurring revenue streams.
Bernstein pointed to longer-term initiatives, including the planned launch of a prediction market joint venture and the development of Robinhood Chain, as part of a broader shift beyond retail-driven crypto trading. The firm said current valuation levels reflect downside scenarios, positioning the stock within a wider capital markets and financial infrastructure transition.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Ripple Teams with Aviva Investors on Fund Tokenization
Ripple partners with Aviva Investors to tokenize traditional funds on XRP Ledger, advancing institutional adoption of blockchain-based asset infrastructure.
Ripple has partnered with Aviva Investors to explore issuing and managing tokenized traditional fund structures on the XRP Ledger. The initiative marks Ripple’s first collaboration with a European asset manager and Aviva Investors’ initial move into tokenized funds. The project is expected to develop through 2026 and beyond.
Ripple said it will support the effort as part of its broader strategy to position the XRP Ledger as infrastructure for regulated financial assets. The public blockchain, maintained by independent validators, is designed for financial transactions and has processed billions of transactions since launch. The companies framed the move as a step toward scaling regulated assets on distributed ledger technology.
The partnership reflects growing institutional interest in tokenization as asset managers seek operational efficiencies and new distribution models. Ripple has recently expanded its institutional offerings, including integrations with decentralized finance platforms, while continuing to focus on private capital markets rather than pursuing a public listing.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Kraken Reassigns CFO as IPO Preparations Continue
Crypto exchange Kraken has moved its chief financial officer into an advisory role as it advances plans for a long-anticipated US public listing.
Crypto exchange Kraken has reassigned its chief financial officer, Stephanie Lemmerman, shifting her into a strategic advisory role as the company prepares for a potential US initial public offering. The move comes roughly a year after Lemmerman joined Kraken from Dapper Labs in November 2024, according to people familiar with the matter.
Robert Moore, previously Kraken’s vice president of business expansion, has effectively assumed the CFO’s responsibilities and is now listed as deputy CFO on the leadership page of Payward Inc., Kraken’s parent company. Lemmerman is no longer listed among the company’s senior executives. The leadership change follows Kraken’s confidential filing with US regulators in November and a subsequent $800 million funding round valuing the exchange at $20 billion.
The shift reflects broader organizational changes as Kraken scales its executive team ahead of a public listing. The company has recently promoted Curtis Ting to chief operating officer and Kamo Asatryan to chief data officer, underscoring an effort to align financial operations more closely with product strategy.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
UK Central Bank Tests Onchain Settlement Infrastructure
The Bank of England has launched a six-month pilot to test how tokenized assets could settle in sterling using distributed-ledger technology.
The Bank of England has launched a new industry pilot to test how tokenized assets could be settled using synchronized, atomic settlement in pounds sterling. The initiative, known as the Synchronisation Lab, will examine how the central bank’s next-generation real-time gross settlement system can interact with external distributed-ledger platforms.
The six-month program, set to begin in spring 2026, brings together 18 participants, including banks, market infrastructure providers, fintech firms, and Web3 companies. Participants will test delivery-versus-payment and payment-versus-payment settlement in a non-live environment, without real funds, to assess interoperability between central bank money and tokenized assets.
The central bank said the pilot will help validate design choices for a potential future onchain settlement capability and inform broader modernization of UK market infrastructure. The effort aligns with global central bank experimentation as policymakers assess how tokenization and programmable settlement could reshape core financial systems.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Solana Treasuries Face $1.5B Paper Losses
Public companies holding Solana tokens are facing over $1.5 billion in unrealized losses as equity markets reprice SOL-heavy balance sheets.
Several publicly listed companies in the United States are reporting more than $1.5 billion in unrealized losses on Solana (SOL) treasury holdings, reflecting sharp declines from 2025 acquisition levels. The concentrated losses involve firms holding over 12 million SOL tokens, about 2% of the total supply. While the losses are paper-based, equity markets have repriced these companies’ valuations, leaving most trading below the current market value of their SOL assets.
Forward Industries, Sharps Technology, DeFi Development Corp, Upexi, and Solana Company account for the bulk of disclosed losses. Forward Industries alone, with 6.9 million SOL purchased near $230, faces over $1 billion in unrealized losses as SOL trades around $84. Despite the paper losses, none of these firms have sold significant SOL, indicating a pause in accumulation and ongoing exposure to token price volatility.
The market response underscores a broader “treasury winter” for companies heavily invested in digital assets. Falling stock prices and compressed net asset value multiples have constrained capital-raising abilities, signaling that equity investors are pricing in SOL exposure risk even as firms retain long-term positions.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
UK Regulator Takes High Court Action Against HTX
The UK Financial Conduct Authority has brought High Court proceedings against crypto exchange HTX over alleged illegal promotions to British consumers.
The UK Financial Conduct Authority (FCA) has initiated High Court proceedings against cryptocurrency exchange HTX, alleging the firm illegally promoted crypto asset services to UK consumers. The case, filed in the Chancery Division, relates to suspected breaches of the Financial Promotions Regime introduced in October 2023.
According to the FCA, HTX, which is incorporated in Panama and formerly operated as Huobi Global, continued to advertise crypto services through its website and major social media platforms despite prior regulatory warnings. The watchdog said it has received court approval to serve proceedings outside the UK and by alternative means due to the exchange’s offshore structure.
The FCA said the action underscores its intent to enforce strict marketing standards for crypto firms operating in or targeting the UK. In addition to court proceedings, the regulator has requested that app stores and social media platforms restrict HTX’s access to UK users and has placed the firm on its public Warning List.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
South Korea Probes Bithumb After $43B Bitcoin Error
South Korea’s Financial Supervisory Service launched a formal investigation into Bithumb following a $43 billion Bitcoin “fat-finger” mishap during a promotional event.
South Korea’s Financial Supervisory Service (FSS) has initiated a formal investigation into cryptocurrency exchange Bithumb following a $43 billion operational error in which users were temporarily credited with massive amounts of Bitcoin. The incident occurred during a promotional “Random Box” event, when an employee mistakenly entered payouts in Bitcoin units instead of Korean won, creating accounts with balances far exceeding the exchange’s actual holdings.
Bithumb detected the error within minutes and froze affected accounts, blocking trading and withdrawals. Industry estimates suggest the overshot Bitcoin credits amounted to roughly 13–14 times the firm’s total reserves, though most of the tokens were recovered. A portion, however, was sold or withdrawn before controls were applied, triggering potential legal consequences for users under Korean law regarding unjust enrichment.
The FSS is reviewing Bithumb’s internal controls, IT systems, and compliance with the Virtual Asset User Protection Act. Officials warned that depending on the findings, the exchange could face fines or suspension. The probe underscores ongoing regulatory concerns over operational risk and systemic controls in the fast-growing South Korean crypto market.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.
Crypto Scam Leader Sentenced to 20 Years in US Prison
A US federal court sentenced Daren Li to 20 years in prison for orchestrating a $73 million crypto pig butchering scheme targeting American investors.
A US federal court has sentenced Daren Li, a dual national of China and St. Kitts and Nevis, to 20 years in prison for leading a global cryptocurrency fraud that stole more than $73 million from victims. The sentence, handed down in California, represents the statutory maximum and includes three years of supervised release, according to the US Department of Justice.
Prosecutors said Li coordinated a network that used spoofed websites mimicking legitimate trading platforms to carry out so-called pig butchering scams. Victims were approached through social media and dating applications, where trust was built over time before they were persuaded to transfer funds to accounts controlled by the group.
Authorities said Li and his co-conspirators laundered at least $73.6 million, including nearly $60 million routed through US shell companies. The case underscores heightened law enforcement scrutiny as crypto-related fraud resurges amid broader retail adoption.
Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.