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Latest Results from /markets

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Frax launches BlackRock-backed, Securitize tokenised stablecoin

Frax intends to be the US digital dollar and to establish itself as "the world's most innovative decentralised stablecoin and DeFi stablecoin infrastructure."

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Finextra's year in review

With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

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Crédit Agricole to acquire Santander stake in Caceis

Crédit Agricole SA will continue to strengthen Caceis’ position as one of the major European players in asset servicing, supporting its clients’ business development objectives.

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Former UBS investment analyst unveils voice cloned AI education tool

Geoff Robinson, a former UBS investment analyst, has launched an educational app that uses his digitally cloned voice and AI-generated expertise to help self-directed investors lean on his experience.

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Google Cloud predicts four ways that GenAI will transform financial services

The next year will see an industry tipping point for AI innovation in the financial sector, says Zac Maufe, global head of regulated industries at Google Cloud.

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FCA takes next steps in developing regulated crypto regime

The UK's Financial Conduct Authority has set out its latest steps to improve the integrity of the UK's crypto market.

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Warwick Business School opens Fintech Innovation Lab

Warwick Business School has launched a new Fintech Innovation Lab in the West Midlands following £4.2m of investment.

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RBC opens up trading around the world to online investors

Royal Bank of Canada's online brokerage is rolling out international trading in multiple foreign currencies to its investors.

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US explores feasibility of settlement network for multi-asset transactions

The proof-of-concept of what has been dubbed the Regulated Settlement Network (RSN) showcased the potential of shared ledger technology to upgrade multi-asset and cross-network transaction settlement for domestic users of US dollars and regulated securities.

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Latvia offers fast-track pre-approval for MiCA compliance

The central bank of Latvia is bolsterings its credentials as a fintech innovation hub by launching free pre-licencing consultations for crypto-asset service providers looking to pursue the EU MiCA licence.

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Bitcoin price tops $100,000 for first time

Bticoin prices have surged past the $100,000 mark for the first time as retail and institutional investors look to cash in on a Trump-driven market rally.

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Wells Fargo to sell San Francisco HQ to favour US East Coast - WSJ

Exclusively reported by The Wall Street Journal, the bank's San Francisco Financial District office may be for sale later this month.