financial services – CryptoMag

2 days ago

Nexo Australia Introduces Crypto Loans Starting at 0.9%

Nexo Australia announces crypto-backed loans with interest rates starting from 0.9%. Loans are based on digital assets without needing to sell.

2 days ago

Citi Set to Launch Bitcoin Custody Service for Institutions by Year-End 2026

Citi announces plans to implement Bitcoin custody for institutions by the end of 2026 as part of its Custody+ platform.

1 week ago

Itaú Bank Joins Major Tokenization Pilot in Brazil

Itaú has commenced participation in a significant pilot program aimed at tokenizing bonds and funds alongside over 50 financial organizations in Brazil.

1 week ago

Bitwise Solana ETF Gains Loan Approval with 25% LTV

Bitwise's Solana ETF has received major bank approval for loans at a 25% loan-to-value ratio, enabling customers to leverage their holdings.

1 week ago

MoneyGram Launches Crypto-to-Cash Service on Solana

MoneyGram introduces its global crypto-to-cash service, MoneyGram Ramps, for Solana users. This service facilitates cash conversion and deposits.

1 week ago

Revolut Secures Banking License in France, Expands EU Operations

Revolut has gained a French banking license, establishing its second EU banking hub and set to serve over 30 million customers in Western Europe.

2 weeks ago

Wells Fargo to Introduce Tokenized Deposits This Fall

Wells Fargo is set to launch tokenized deposits this fall, enhancing payment options for corporate clients with 24/7 fund transfers.

3 weeks ago

DTCC’s Tokenization Milestone: An Industry Shift

On July 15, DTCC processed its first tokenized trades, marking a significant milestone in the finance industry with major firms participating.

3 weeks ago

BNY Mellon Targets $8.6 Trillion Market with Blockchain Transfer Agency

BNY Mellon plans to launch a blockchain-based transfer agency service for managing $8.6 trillion in assets, enhancing ownership records and reducing intermediar

4 weeks ago

KB Kookmin Bank to Launch Cross-Border Payment Service Using Kinexys

KB Kookmin Bank will introduce a blockchain-based cross-border payment service for corporate clients in August 2026, enhancing global transactions.