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TradFi

Ethena, Developer of USDe Stablecoin, Raises $100M to Fund Token Targeted for TradFi: Bloomberg

Ethena, developer of the synthetic stablecoin USDe, has raised $100 million to finance a similar token targeted at traditional financial (TradFi) institutions, Bloomberg reported...

TradFi Investors Piled $38.7B Into Bitcoin (BTC) ETFs, Three Times More Than Previous Quarter

Bitcoin price may be volatile but it didn't stop giant financial institutions from continuing to invest more.Large institutions such as pensions or hedge funds...

Crypto Still Need For 24/7 Risk Management, TradFi Panelists at Consensus Hong Kong Emphasize

The crypto ecosystem has come a long way since the implosion of Sam Bankman Fried's FTX destroyed billions in investor wealth in 2023. However,...

World Liberty Financial (WLFI) Launches Token Reserve, Seeks TradFi Help In Investing in Crypto

The Trump-family backed World Liberty Financial launched its token reserve to back various crypto ecosystems, the firm said in an X post on Wednesday.World...

Banking Giant UBS Tests ZKSync’s Layer-2 Tech, Showing Deeper TradFi Interest in Crypto

Swiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync.The simulation, which...

Stablecoin in TradFi, China, Europe to Follow U.S. With Bitcoin Reserve: Wintermute 2025 Predictions

Crypto will become more deeply integrated into traditional finance (TradFi) through exchange-traded funds (ETFs) and corporate holdings this year, according to crypto-trading firm Wintermute.In...

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

On the other hand, a Harris win may slow down the pace of adoption due to a more restrictive regulatory regime. (The Biden administration...

Chainlink (LINK), UBS Asset Management, Swift Complete Pilot to Bridge Tokenized Funds With TradFi Payment Rails

The project, completed as part of the Monetary Authority of Singapore's (MAS) Project Guardian, showcased how Swift's infrastructure can facilitate off-chain cash settlements for...

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