Firm

SOL Strategies Surges on Up to $500M Credit Facility for Solana Investment

Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network. The capital will be exclusively …

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Hidden Road, Set to Be Acquired by Ripple, Wins U.S. Broker-Dealer License

Hidden Road, the prime brokerage firm that’s being acquired by Ripple, has obtained approval to operate as a U.S. broker-dealer from the Financial Industry Regulatory Authority (FINRA), the company said Thursday. The license, granted to its …

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Ripple, BCG Project $18.9T Tokenized Asset Market by 2033

The market for tokenized financial instruments, or real-world assets (RWAs), could reach $18.9 trillion by 2033 as the technology’s growth is nearing a “tipping point,” according to a joint report on Monday by Boston Consulting Group (BCG …

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SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says

The suit is the latest in a string of dropped enforcement cases by the SEC.

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As the SEC Continues Its Crypto Litigation Retreat, Here’s What’s Still Outstanding

The U.S. SEC is dropping cases and closing investigations against crypto companies left and right, but not everyone is off the hook yet.

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Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence

The debanking of Binance.US is Operation Chokepoint in action, said the exchange’s interim CEO Norman Reed.

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Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push

The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.

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