The bank is working with Ripple and LMAX Group to enable RLUSD as collateral for certain LMAX products under its collateral mirroring model.
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Standard Chartered launches custody for Ripple’s RLUSD on XRP Ledger
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SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.
Business
‘The prospectus looks impressive’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky?
“I’m in my 60s, recently retired and living my best life.”
Business
The bond market is doing the Fed’s job, and that could be good news for stocks, says Morgan Stanley strategist
A stronger dollar, higher bond market yields and elevated gas prices are already tightening financial conditions in the U.S. to the point that Kevin Warsh may not even need to hike rates.
Business
FTX Bitcoin Bet Takes an Unexpected Turn as SWI Group Raises $900 Million
SWI Group has raised €800 million at a €6.1 billion valuation to fund AI infrastructure, power projects and compute across Europe and the US. The post FTX Bitcoin Bet Takes an Unexpected Turn as SWI Group Raises $900 Million appeared first…