Pennies Fading From Circulation as More Consumers Go Cashless
After more than 200 years, it is time to say goodbye to the penny.
As the Wall Street Journal (WSJ) reported Thursday (May 22), the U.S. Treasury Department will cease putting new pennies into circula...
Kraken to Launch Tokenized Stocks and ETFs Outside US
Cryptocurrency exchange Kraken is reportedly set to start rolling out tokenized equities that will be available to customers in Europe, Latin America, Africa and Asia in the coming weeks.
Using tokens...
Funding Round Boosts Fitness App Strava’s Valuation to $2.2 Billion
Fitness app Strava was reportedly valued at $2.2 billion in a recent funding round.
That valuation is up from the $1.5 billion it achieved in its previous funding round, in 2020, The Wall Street Journ...
Pagaya Issues $300 Million in Bonds to Fund BNPL Loans
Consumer lending platform Pagaya is reportedly pushing into the pay later market.
The company is about to issue $300 million in bonds that will be used to fund buy now, pay later (BNPL) loans offered ...
Ant International Helps HSBC Hong Kong Offer Tokenized Deposits
Ant International has teamed with HSBC on the bank’s tokenized deposit service in Hong Kong.
The service is designed to support treasury management via real-time, “always-on” Hong Kong and U....
