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Bash Sarmiento

Bash Sarmiento is a writer and an educator from Manila. He writes laconic pieces in the education, lifestyle and health realms. His academic background and extensive experience in teaching, textbook evaluation, business management and traveling are translated in his works.

HSBC, StanChart debut tokenized deposit on Swift blockchain

HSBC and Standard Chartered executed the first live tokenized deposit transaction using Swift’s blockchain-based ledger.The transaction aims to solve interoperability between single-bank blockchains, enabling...

Citi to Launch Bitcoin Custody for Institutional Clients Later This Year

Citi Investor Services will launch Bitcoin custody later this year as part of its new Custody+ platform.Citi will become the largest U.S. bank by...

Augustus raises $180M for Global Dollar Bank at $1B valuation

Augustus raised $180 million in Series B funding at a $1 billion valuation, led by Tiger Global.The OCC granted preliminary conditional approval for a...

Corporate Treasuries Move Tokenized Cash to MMFs

Corporate treasuries are now using tokenized deposits to seamlessly move into higher-yielding tokenized money market funds, as demonstrated by a collaboration involving Ant International,...

Baillie Gifford Launches $237B Tokenized Fund

Baillie Gifford has launched its first tokenized fund, the Baillie Gifford Enhanced Yield Fund ($BAGEY).The fund is a digitally native issuance on Ethereum and...

Coinbase to launch tokenized stocks outside US

Coinbase announced it will launch tokenized stocks for trading outside the United States, enabling 24/7 markets and providing full ownership and dividend rights.Binance also...

Nuvei Buys Payoneer for $2.75 Billion

Nuvei acquires Payoneer for $2.75 billion, aiming to close the deal in mid 2027.The merger combines acceptance and cross-border payout capabilities, targeting over $3...

ABA: Align FDIC stablecoin rules with OCC

The American Bankers Association is urging the FDIC to align its stablecoin rulemaking with the OCC and other regulators implementing the GENIUS Act.Ambiguity exists...

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