HSBC rolls out RedCoin stablecoin to PayMe's 3.3 million users
The Hong Kong dollar token is fully backed by high-quality liquid assets in separate accounts; a tokenized money market fund share class is next.
Ripple Prime says it offers round-the-clock swaps on 100-plus markets as HSBC flags thin depth
The brokerage formerly known as Hidden Road announced the service on Oct. 15, with Virtu already trading.
a16z renames crypto fund a16z Frontier and adds AI to mandate
Chris Dixon will lead the renamed fund with Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet; the firm says it will continue crypto investing.
Fireblocks denies Visa acquisition talks after Axios reports $2.5 billion approach
A $2.5 billion sale would value Fireblocks at a 69% discount to the $8 billion valuation it reported in 2022.
Vault12 says SEC token safe harbor keeps VGT off exchanges
The wallet-backup firm raised $17.45 million in a 2018 token sale and says exchanges want assurance the SEC will not later challenge VGT.