SWIFT, the financial messaging network that connects 11,000 institutions across 200 countries, began testing blockchain interoperability in late 2023 with over 30...
In January 2024, Dubai’s Virtual Asset Regulatory Authority (VARA) issued its 19th operating licence for a digital asset company. The same month,...
Larry Fink, CEO of BlackRock, told shareholders in his 2024 annual letter that tokenisation of financial assets would be “the next generation...
In May 2024, the State of Wisconsin Investment Board disclosed a $163 million position in BlackRock’s spot Bitcoin ETF. A public pension...
A wire transfer between New York and Tokyo still takes one to three business days to settle. The sender’s bank debits the...
Coinbase reported $6.6 billion in revenue for 2024. Uniswap, a decentralised exchange with no corporate headquarters and roughly 80 employees, facilitated over...
In March 2023, a single Ethereum transaction executed a flash loan of $200 million, used it to arbitrage a price difference across...
On January 10, 2024, the US Securities and Exchange Commission approved 11 spot Bitcoin ETFs simultaneously. Within 11 months, these funds accumulated...
Deutsche Bank spent $5.4 billion on technology in 2024, with blockchain infrastructure accounting for a growing share of that budget. The bank...
Stripe added stablecoin payment processing in 2024, allowing merchants to accept USDC and settle in dollars without handling crypto directly. The company...
When the European Investment Bank issued a €100 million digital bond on Ethereum in November 2023, it did not use blockchain because...
In 2015, the World Economic Forum predicted that 10% of global GDP would be stored on blockchain by 2027. That estimate now...
When FTX collapsed in November 2022, auditors discovered that the exchange had been lending customer deposits to its sister company Alameda Research...
Broadridge Financial Solutions processes over $10 trillion in fixed-income transactions daily. In 2024, the company expanded its Distributed Ledger Repo (DLR) platform,...
Ethereum’s Dencun upgrade in March 2024 reduced Layer 2 transaction costs by over 90% overnight. A transaction on Arbitrum that cost $0.50...
In Dubai, a government-owned free zone called DIFC (Dubai International Financial Centre) granted crypto exchange licences to Binance, OKX, and Bybit in...
Ethereum hosts over 4,000 decentralised applications, processes $50 billion in weekly DeFi volume, and secures more than $80 billion in total value...
A fintech startup in 2015 needed a banking licence (or a bank partner willing to sponsor one), a payment processor integration, a...
A corporate treasurer at a multinational company manages an average of 27 banking relationships across different countries, currencies, and time zones. Each...