Crypto

Stablecoins are on a path from the crypto wallet to the cash register, with a new Deloitte Center for Financial Services report predicting that more than $200 billion in U.S. retail purchases will be stablecoin-enabled by 2030 — representing an estimated 2.5% of all domestic noncash transactions processed through stablecoin-based settlement, funding, or backend infrastructure. …

RIA giant Creative Planning has acquired its first international registered adviser firm, expanding its presence in the European market.  Swiss-based RIA Baseline Wealth Management, which manages over $1 billion in assets under management, boosts Creative Planning’s presence in Geneva and Zurich and adds 14 employees to the RIA’s headcount.   Baseline offers investment management, wealth planning, financial planning, tax optimization, and pension plan management to high-net-worth clients, including entrepreneurs, and professional athletes.  “We’re absolutely thrilled to have Baseline join Creative …

Hamilton Lane has made a strategic investment in Republic, an on-chain global investment platform, deepening a partnership aimed at expanding access to private markets through tokenization and digital infrastructure.  The investment reflects Hamilton Lane’s broader strategy to modernize private markets distribution and reach a more diverse investor base, particularly as demand grows for retail access to institutional-quality …

Mastercard has agreed to acquire BVNK, a stablecoin payments infrastructure firm, in a deal valued at up to $1.8 billion, including $300 million in contingent payments.   The move deepens Mastercard’s end‑to‑end support for digital assets and value movement across currencies, rails and regions, as rising regulatory clarity and broader stablecoin adoption create openings for card networks to push beyond traditional card rails …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

Stablecoins are on a path from the crypto wallet to the cash register, with a new Deloitte Center for Financial Services report predicting that more than $200 billion in U.S. retail purchases will be stablecoin-enabled by 2030 — representing an estimated 2.5% of all domestic noncash transactions processed through stablecoin-based settlement, funding, or backend infrastructure. …

As artificial intelligence continues to dominate the stock market, investors remain cautiously optimistic about AI and view it as a long-term investment. But some remain concerned about near-term risks, and the role AI plays in financial advice, a new study from asset manager Janus Henderson suggests.  Investors have also expressed skepticism about relying on AI for receiving financial recommendations, citing concerns about data security, bias, and overhyped expectations, according to …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

Switch, an AI, cloud, and enterprise data center, has raised $659 million in the closing round for its fourth asset-backed securities offering, bringing the company’s total securities to about $3.5 billion.  The funding will go towards Switch’s growth initiatives, which include enhancing Switch’s five campuses for Hyperscale, AI, and its enterprise customers. The funding will …

ChoiceOne Bank, a bank holding company, has tapped Ameriprise Financial to administer its investment program, which was previously affiliated with Osaic.   The investment program will now operate under the brand, ChoiceOne Wealth Management, which is a financial advisory practice under Ameriprise Financial Services.  Additionally, the program includes 10 financial advisors and two support staff members, …