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2025-06-15 05:40:39 -

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report
Jack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the...

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Ifvex

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2025-05-29 07:51:35 -

StraitsX partners Ripple to launch XSGD Stablecoin on the XRP Ledger
StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain. The firm said in a statement that the deployment marks the first phase of a broader collaboration with Ripple, a contributor to the XRP Ledger and a global leader in enterprise blockchain...

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Ifvex

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2025-09-27 06:53:06 -

Temasek backs UK blockchain payment firm Fnality’s $136M Series C funding
Fnality, the operator of next generation wholesale payment systems in the United Kingdom, announced Tuesday it has raised $136 million in a Series C funding round led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb. The lead investors were joined by existing investors Banco Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING, Nasdaq Ventures, State...

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