Crypto
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
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Finance
The latest published reporting in this category.
Crypto
KPMG economist Swonk forecasts hot PCE report, potential Fed rate hike
A hot PCE report could lead to tighter monetary policy, impacting borrowing costs and economic growth amid persistent inflation concerns. The post KPMG economist Swonk forecasts hot PCE report, potential Fed rate hike appeared first on Crypto Briefing.
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Crypto
Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million
🚨 Rothschild Investment adds $104,769 in Bitwise XRP ETF to its portfolio. Continue Reading:Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million The post Rothschild Investment adds Bitwise XRP ETF, expands crypto ETF holdings to $3.5 million appeared first on COINTURK NEWS.
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International
Nvidia hires major US law firm to investigate alleged Chinese spy affair
The appointment was made after it emerged Jensen Huang had an affair with a woman believed to be a spy for China.
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International
Jensen Huang: Nvidia hires major US law firm to investigate alleged Chinese spy affair
The appointment was made after it emerged Jensen Huang had an affair with a woman believed to be a spy for China.
Read moreCrypto
CFTC Reportedly Warns Kalshi of Charges Over Prediction Market Launches
The CFTC has warned Kalshi that charges could come soon over new contract notices, a source says, as scrutiny builds. The post CFTC Reportedly Warns Kalshi of Charges Over Prediction Market Launches appeared first on BeInCrypto.
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Crypto
CoreWeave ties over 75% of capex to investment-grade customers
CoreWeave's reliance on investment-grade clients enhances revenue predictability but poses risks if power capacity and diversification falter. The post CoreWeave ties over 75% of capex to investment-grade customers appeared first on Crypto Briefing.
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Crypto
CoreWeave cuts debt cost, avoids unsecured debt market
CoreWeave's strategic debt management enhances financial stability, reducing bankruptcy risk and signaling confidence in secured financing. The post CoreWeave cuts debt cost, avoids unsecured debt market appeared first on Crypto Briefing.
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Crypto
Can crypto trust firms compete with banks in US derivatives settlements?
Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions over their long-term role.
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Crypto
Goldman Sachs, Citi and Deutsche Bank back $270 million stablecoin project
💥 Goldman Sachs, Citi and Deutsche Bank committed $270 million to launch a stablecoin issuer. Continue Reading:Goldman Sachs, Citi and Deutsche Bank back $270 million stablecoin project The post Goldman Sachs, Citi and Deutsche Bank back $270 million stablecoin project appeared first on COINTURK NEWS.
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Crypto
Rothschild Investment Reveals XRP ETF Stake
Chicago-based investment management firm Rothschild Investment LLC has disclosed its first reported stake in the Bitwise XRP ETF, adding the Ripple-linked cryptocurrency to its portfolio.
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Crypto
Wall Street Banks Commit $270M to Stablecoin Challenger Project Faro: Bloomberg
A formidable coalition of 21 financial institutions, including Goldman Sachs, Citigroup, and Bank of America, has committed approximately $270 million to a joint stablecoin venture known internally as Project Faro. According to “people familiar with the matter,” speaking with Bloomberg, the banking consortium is targeting a commercial launch in 2027. Banking Giants Assemble $270 […]
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