Key Highlights: Former Swift CEO Lazaro Campos has been appointed as the new chairman of London-based stablecoin yield platform OpenTrade. The executive hire follows OpenTrade’s $17 million funding round secured approximately six months ago to scale its operations. OpenTrade has surpassed $1 billion in transaction volume over the past 12 months, with its total value ...
Key Highlights Anchorage Digital is expanding its institutional platform to unify fiat banking and digital asset operations, eliminating the need for fragmented service providers. Clients gain access to institutional USD accounts, named virtual accounts with distinct routing details, SWIFT rails, and the Atlas settlement network alongside custody and trading. The initiative deepens Anchorage Digital’s presence ...
Ripple-Finastra Partnership Opens Potential Pathway Into Global Banking Infrastructure Ripple’s strategic partnership with Finastra is attracting renewed attention from market analysts, who suggest the deal could provide the blockchain payments firm with a scalable entry point into a vast network of financial institutions. The collaboration gains additional significance following Finastra’s recent designation as a Nacha ...
Morgan Stanley sees Ripple’s technology the modern alternative to the aging old systems from Swift. The DLT of Ripple reduces fraud and delays and is equally well received by banks and right -wing experts. Large financial institutions are increasingly signaling their support for blockchain-based solutions to overhaul the global payment systems. Morgan Stanley has again ...