Category: crypto

The fintech industry saw record profitability in 2025, with neobanks and digital asset businesses driving growth. Fintech firms completed more acquisitions than banks, with digital assets and AI being key areas of focus. Neobanks are expanding into multiple financial services, while regulatory developments are shaping growth strategies worldwide.

Citi predicts that the tokenized securities market could reach $5.5 trillion by 2030, up from $17 billion today. This growth is driven by the move of assets onto blockchain rails, with a focus on Treasury bills and digital stocks. Stablecoins play a key role in facilitating on-chain settlement for these assets.

The European Central Bank is concerned about stablecoins approaching a $300 billion market value, warning of risks to financial stability and the dominance of the U.S. dollar. ECB officials advocate for the development of a digital euro to maintain control over the payments system and reduce reliance on foreign providers.

Gnosis Pay users were advised to withdraw funds due to an exploit related to the platform’s Zodiac delay module. Co-founder Martin Köppelmann and blockchain security firm PeckShield issued warnings. The bug allowed attackers to initiate transactions from Safes using the module. Gnosis promised to cover user losses and took measures to contain the damage.

Binance will now allow non-U.S. users to trade over 7,000 U.S. stocks and ETFs with zero commissions and fractional shares starting at $5. Users can purchase equities using USDT, USDC, BNB, and selected cryptocurrencies. Binance also plans to launch tokenized stocks called bStocks in the future to expand its offerings.

Crypto investment products, including ETPs, experienced $1.67 billion in outflows last week, with Bitcoin funds leading the selling with $1.44 billion withdrawn. Altcoin participation narrowed sharply, with only a few assets seeing inflows. The United States accounted for most of the selling, while XRP, Hyperliquid, and Near attracted some inflows.

XRP ETFs saw strong inflows of $131.94 million in May, the best performance of 2026, while Bitcoin and Ethereum products faced heavy withdrawals. Despite XRP’s weak spot price, institutional demand remained positive. XRP outperformed Bitcoin and Ethereum in fund flow performance, showing continued investor interest in altcoin products during market volatility.

Evernorth Holdings, backed by Ripple, has filed an amended SEC registration statement for a proposed merger to create a Nasdaq-listed XRP treasury company. The company has secured over $1 billion in investments and plans to expand XRP-related services beyond treasury holdings. Financial disclosures show a decline in the value of XRP held by the company.…

Strategy sold 32 BTC for $2.5 million, ending a four-year accumulation streak. The proceeds will fund preferred stock distributions, reducing holdings to 843,706 BTC. The sale followed a transfer to Coinbase Prime, and executives hinted at potential future Bitcoin sales. The company also raised $128.3 million through stock sales.

Bitmine Immersion Technologies added 26,497 ETH last week, bringing its total holdings to 5.42 million tokens, which is 4.49% of Ethereum’s supply. The company aims to reach a 5% supply target and has staked 4.72 million ETH, with projected annualized staking revenue of $258 million.