Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.
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Ondo Finance hit by corporate control fight as founder’s mother seeks to oust CEO
According to the complaint, Allman appointed herself to the board, adopted an interim policy allowing ordinary business operations to continue, reaffirmed De Bode as president and requested basic corporate information, including a shareholder list, while expressing a desire to work collaboratively. The estate said those… Read More
Legacy crypto on-ramps and bridges will disappear as payments become invisible, Fun CEO says
While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows… Read More
STS Digital CEO sees three major headwinds for crypto markets
Much of the adoption, however, benefits established financial institutions rather than token holders, Seiler said. As traditional finance integrates blockchain tech into existing workflows, less value accrues directly to crypto assets than investors expected several years ago. Founded in 2021, STS Digital is a Bermuda-regulated… Read More
Binance.US CEO says exchange is rebuilding, eyes return to 20% U.S. market share
Latest developments: CEO Stephen Gregory said Binance.US is focused on growth after what he described as a two-year “hibernation” tied to regulatory issues surrounding the broader Binance brand. Gregory said Binance.US is a separate U.S.-only entity with its own governance structure, though it shares a… Read More
Ripple CEO stays bullish on bitcoin but says Saylor’s strategy has hurt crypto
Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Michael Saylor’s approach to funding bitcoin purchases has damaged the broader crypto market, in a CNBC interview on Friday, as the preferred stock at the center of Strategy’s model fell to a record… Read More