Lumx has raised $3.4 million in a funding round that has been led by Indicator Capital and CMT Digital, along with contributions from Honey Island, Antler, Bitso, Nomad, CAF Ventures (CAFE) and angel investors Arnold Lee, Joshua Weiss, Chuk Okpalugo, Carlos Souza, and Allan Schmitt.... Read More
UFS and BankOnIT, two providers of purpose-built technology for community banks, are merging. By joining forces, the two companies combine deep industry expertise and focus, complementary offerings, and a shared belief that when community banks are equipped with the right technology and service, they can... Read More
Canada has committed more than C$3 million ($2.1 million) over five years to an Industrial Research Chair in Tokenization at École de technologie supérieure (ÉTS), backing work on advanced tokenization and decentralized federated learning led by Professor Kaiwen Zhang and industry partner T-RIZE Group. The... Read More
Paxos reported earlier this week that it mistakenly minted excess PYUSD as part of an internal transfer. Paxos confirmed that it immediately identified the error and burned the excess PYUSD. According to the company, this was simply an “internal technical error” and that there was... Read More
The Monetary Authority of Singapore (MAS) launched BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, a new industry initiative to extend settlement options for financial institutions using tokenised bank liabilities and well-regulated stablecoins while applying standardised risk controls. MAS said BLOOM will work with banks... Read More
CB Insights has released the latest Insurtech 50 list of the world’s most promising or high-potential insurtech startups. The companies that have been selected are said to have a success probability among the international top 3% of private firms, indicated by a median CB Insights’... Read More
Blackstone (NYSE: BX) has recently announced the launch of a dedicated business unit that will be focused on broadening access to private markets for retirement savers through defined contribution plans. The business division sits within Blackstone’s Private Wealth business. Heather von Zuben was named Global... Read More
Dublin based Regtech firm Fenergo, the provider of client lifecycle management (CLM), Know your Customer (KYC) and transaction monitoring (TM) solutions announces that Adepa, a provider of global asset servicing solutions, deployed its software to streamline investor onboarding and enhance compliance across Adepa’s operations, beginning... Read More
iCapital is bringing a private credit solution offered by BlackRock to market in Canada. This initiative introduces an evergreen investment vehicle designed for accredited investors, available through advisor channels with both CAD-hedged and USD-denominated options. This launch marks the first time Canadian wealth managers and... Read More
Sonatype, a provider of AI-centric DevSecOps, this week released the Open Source Malware Index, Q3 2025, which analyzed 34,319 open source malware packages discovered by Sonatype across major open source registries, including npm, PyPI, Hugging Face, and more. This quarter’s count brings the total number of... Read More