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Kraken Prop Adds S&P 500 as Second Flagship Index for Funded Traders

Kraken said Wednesday that it has added the S&P 500 to Kraken Prop, its funded trading program, making it the second traditional finance market on the platform after the Nasdaq 100. The company said traders can now submit trade signals on the S&P 500 across every Kraken Prop evaluation and funded account.  The index is offered as a perpetual priced off an index oracle that tracks the same 500 large-cap US companies as the benchmark, meaning no expiry, no rollover and no forced exit, allowing positions opened on a Friday to remain open into the following week. Kraken noted that the addition does not change how the program works. Evaluations can be bought from $20 across Starter, Intermediate and Advanced plans, with wallet sizes ranging from $5,000 to $200,000, no consistency rules, no time limits and profit splits of 80% to 90%, with payouts made to a Kraken wallet typically within 24 hours.  The S&P 500 can be traded with 5x leverage and a $1 million notional cap, subject to a maximum daily loss of 3%. The firm said index markets tend to be less volatile than crypto, which can support stronger evaluation pass rates for traders coming from a traditional finance background. The two indexes are the first markets in a broader multi-asset build-out for Kraken Prop, with commodities next on the roadmap.The post Kraken Prop Adds S&P 500 as Second Flagship Index for Funded Traders first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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StoneX Group Acquires Banco Travelex to Boost Brazil FX and Payments Business

StoneX Group (NASDAQ: SNEX) said Wednesday that it has agreed to acquire Banco Travelex S.A., marking a major step in its push to grow across Brazil’s payments and foreign exchange markets. Banco Travelex holds the distinction of being Brazil’s first bank focused solely on foreign exchange, regulated by the Central Bank of Brazil. The acquisition is expected to widen StoneX’s global payments reach and reinforce its position in one of Latin America’s biggest FX markets. It will also let StoneX clients hold both local and foreign currency accounts in Brazil, while expanding the firm’s banknote trading services. Once the deal closes, StoneX plans to add new banking products in Brazil, including non-resident accounts, its own PIX instant payment option, online and mobile banking, and additional settlement tools. These additions will sit alongside StoneX’s existing FX, payments, and NDF offerings. Glauco Monte, CEO of StoneX Brazil, said the move reflects the company’s long-term commitment to the country, while Thiago Vieira, Global Head of StoneX Payments, linked it to StoneX’s broader strategy of building licensed payment infrastructure across Latin America, following its recent investment in Bamboo Payments. Banco Travelex CEO Ana Tena called the deal a natural next step after the bank earned approval in December 2024 to operate as a full multiple-service bank. The transaction excludes Banco Travelex’s retail stores and Confidence-branded outlets, which will continue operating separately. Closing is expected within 12 months, pending regulatory approval.The post StoneX Group Acquires Banco Travelex to Boost Brazil FX and Payments Business first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Crypto.com Rolls Out Tokenized Stocks, Offering Round-the-Clock Access to US Equities

Crypto.com said Wednesday that it has launched Tokenized Stocks, a new feature that lets users gain exposure to US stocks and exchange-traded funds directly through the Crypto.com App. The launch initially covers 1,500 underlying stocks and funds, with access starting from as little as $1. The product is available to eligible users across the European Economic Area and other approved regions worldwide. Unlike traditional stock markets, which operate on fixed schedules, Tokenized Stocks can be traded 24/7, giving users the ability to act on price movements at any time. The offering includes exposure to well-known companies such as Nvidia, Tesla, and Apple, as well as commodity-linked funds like GLD and SLV. According to Crypto.com, the products are built for fast settlement and allow fractional investing, meaning users do not need to buy a whole share to participate. The underlying assets are held in custody by Alpaca, a US-regulated broker-dealer that reportedly supports the majority of the tokenized stock and ETF market. It is worth noting that these tokenized instruments do not give users ownership of the actual shares or shareholder rights such as voting. However, users may qualify for dividend-equivalent payments under certain conditions. Kris Marszalek, Co-Founder and CEO of Crypto.com, said the launch reflects the company’s push toward a more flexible, always-on trading experience, adding that markets “shouldn’t have to sleep.” For a limited time, Crypto.com said it is offering zero-commission trading on these products, though other fees may still apply. In the EEA, the service is regulated by the Cyprus Securities and Exchange Commission.The post Crypto.com Rolls Out Tokenized Stocks, Offering Round-the-Clock Access to US Equities first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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SEC Charges Goliath Ventures and CEO With Running $425 Million Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission has filed charges against Goliath Ventures, Inc. and its founder and chief executive, Christopher A. Delgado, accusing them of running a multi-year Ponzi scheme that raised at least $425 million from more than 1,300 investors. The complaint, filed August 11 in the U.S. District Court for the Middle District of Florida, alleges that between January 2023 and January 2026, Goliath sold unregistered securities by inviting investors to “partner” with the company in what it described as crypto asset liquidity pools. According to the SEC, Goliath promised monthly returns of 3% to 10%, supposedly generated from trading fees within those pools, and guaranteed investors their principal back. However, the regulator says none of the money was actually invested in any liquidity pools. Instead, Delgado allegedly diverted at least $51 million for personal spending, including homes, luxury cars, a yacht, and travel. The SEC also claims new investor funds were used to pay earlier investors, a hallmark of Ponzi schemes, while sales agents were paid commissions to recruit more participants. Investors reportedly received fabricated account statements showing fake profits. The scheme collapsed in November 2025 when Goliath could no longer attract enough new money to cover payouts and halted distributions. Delgado has agreed to a settlement, still subject to court approval, that would bar him from the securities industry and from associating with brokers or dealers. Financial penalties will be determined later by the court. The SEC is also seeking penalties against Goliath.The post SEC Charges Goliath Ventures and CEO With Running $425 Million Crypto Ponzi Scheme first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Schwab Trading Activity Index Rises Modestly in July as Clients Buy Dips

Charles Schwab revealed this week that its Schwab Trading Activity Index rose to 59.80 in July, up slightly from 59.12 in June, as clients remained net buyers and used late-month dips to add exposure across individual stocks, ETFs and options. The index, known as STAX, is a proprietary behaviour-based measure that analyses retail investor positions and trading activity across Schwab’s millions of client accounts to show how investors were positioned in the markets each month. “While major indices posted strong gains in July, those gains masked the fact that many individual stocks performed unevenly—while some stocks rose sharply, others struggled,” said Joe Mazzola, head trading and derivatives strategist at Charles Schwab. He said clients were selective, buying stocks that had pulled back and taking profits in names that had already run up. Schwab noted that economic data during the period was generally strong, particularly in employment and manufacturing, while inflation remained a concern. Federal Reserve policymakers kept rates paused at a range of 3.5% to 3.75% at their late July meeting, with three officials dissenting in favour of a hike. In ETF and equity trading, clients were net buyers by a two-to-one ratio, while options activity skewed towards put selling, particularly in technology stocks and the chip and memory industries. The strongest buying interest came from Gen X clients and self-directed traders. Popular names bought during the period included Space Exploration Technologies, Micron Technology, Intel, Oracle and Tesla, while clients net sold Apple, Advanced Micro Devices, Broadcom, PayPal and Adobe.The post Schwab Trading Activity Index Rises Modestly in July as Clients Buy Dips first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Zerocap Scales Institutional Crypto and FX Trading With Integral Digital

Melbourne-based digital asset firm Zerocap has integrated Integral Digital to power its institutional crypto and currency trading, the two companies announced Tuesday, as demand for digital asset trading accelerates across the Asia-Pacific region. The deal gives Zerocap a single point of connectivity to a broad network of liquidity providers spanning both digital assets and fiat currency markets. Integral’s pricing engine builds synthetic currency pairs, allowing Zerocap to offer more accurate, real-time cross-currency pricing — a capability the firm says is increasingly valuable as crypto trading expands into a wider range of Asia-Pacific currencies. Integral worked with Zerocap to build customized liquidity pools, while the platform’s flexibility eased integration with other back-office providers, including Elysium. Integral Digital’s branded front-end consolidates portfolio exposure, margin details and risk analytics into a single view, backed by automated risk controls designed for institutional workflows. “As institutional demand for digital assets accelerates, our clients expect the reliability and risk discipline of traditional markets — in venues that never close,” said Jon de Wet, Chief Investment Officer at Zerocap. “Integral Digital gives us unified access to deep digital asset and fiat liquidity, real-time cross-currency pricing and automated risk controls in a single platform.” Integral CEO Harpal Sandhu said the partnership reflects “growing demand for proven, agile trading technology” among institutions exploring crypto markets. The tie-up comes as Australian digital asset firms face a 30 September deadline to lodge financial services license applications with ASIC. Zerocap is the second Australian client Integral has signed in as many months, following bitcoin-lending platform Vield in July. Founded in 2017, Zerocap provides spot crypto, FX and derivatives liquidity to institutions globally. Integral has served currency markets since 1993 and expanded into digital assets in 2023.The post Zerocap Scales Institutional Crypto and FX Trading With Integral Digital first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Marex to Acquire Brainchild Capital Investments in Power and Gas Push

Marex Group said Monday that it has agreed to acquire Brainchild Capital Investments, a Netherlands-based clearing and execution business. The acquisition extends the financial services platform’s reach into derivatives and physical markets in power and gas. BCI operates across energy and environmental markets, including physical delivery and hedging capabilities in power and gas. The company was founded in 2014 to support European greenhouse operators with access to European energy markets. It provides execution in gas, electricity and emissions products. “BCI operates in a strong niche market,” said Thomas Texier, Marex group head of clearing. “This acquisition is aligned with our strategy to grow our clearing business and bring new clients to the Marex platform, with whom we can do more business.” He added that the deal would enhance the group’s capabilities in the markets, deepen its knowledge of European power markets and create revenue synergies for clients requiring physical delivery and spot trading capabilities in power and gas. Wouter Alblas, chief executive of Brainchild Capital Investments, stated that the acquisition marked “an exciting new chapter” for the business, whose focus since its founding has been on helping clients navigate Europe’s evolving energy and environmental markets through specialist execution, clearing and physical delivery services. He added that becoming part of Marex would allow BCI to offer clients access to a broader range of products, deeper liquidity and global market expertise, while continuing to provide the specialist service its clients value. The transaction is subject to regulatory approval and is expected to complete in late 2026 or early 2027.The post Marex to Acquire Brainchild Capital Investments in Power and Gas Push first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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eToro Reports Strong Q2 2026 Results

eToro (NASDAQ: ETOR) has posted solid financial results for the second quarter of 2026, alongside news that it plans to buy US brokerage TradeZero. The trading and investing platform said net contribution rose 9% year over year to $229 million, helped mainly by more equities trading. Funded accounts grew 18% to 4.28 million, up from 3.63 million a year earlier. Net income under GAAP jumped 77% to $53 million, compared with $30 million in the same period last year. Adjusted net income, a non-GAAP measure, rose 17% to $63 million. Adjusted EBITDA increased 9% to $78 million. Diluted earnings per share came in at $0.58, up from $0.31 a year ago. Assets under administration grew 10% to $19.2 billion. The company held $1.2 billion in cash, cash equivalents, and short term investments at the end of June. CEO Yoni Assia said the quarter reflected steady progress on the company’s long term strategy, pointing to a new mobile app, growth in self custody crypto services, and work on on-chain perpetual futures. He added that the TradeZero deal, announced the same day, will strengthen eToro’s position in the US market and add new tools for active traders. CFO Meron Shani said the results showed the strength of eToro’s multi-asset platform, with users moving between commodities, equities, and crypto as markets shift. He called TradeZero a complementary business that should be accretive to earnings.The post eToro Reports Strong Q2 2026 Results first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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eToro to Acquire US Brokerage TradeZero in Deal Worth Up to $231 Million

eToro (NASDAQ: ETOR) said Tuesday that it has agreed a deal to acquire TradeZero, a US-focused online brokerage for active traders. .The deal marks another step in eToro’s push to grow its footprint in the United States Founded in 2015, TradeZero offers advanced trading platforms, broker-dealer infrastructure, and a loyal base of active traders. It also gives eToro access to the Canadian market, as TradeZero operates across the US, Canada, and other international markets. Under the terms of the agreement, eToro expects to pay up to $231 million in total. The deal includes a mix of cash and up to 2.5 million newly issued Class A common shares, subject to standard purchase price adjustments. Yoni Assia, Co-Founder and CEO of eToro, said the acquisition helps build the company’s US business faster. “This combination gives us a faster path to launching new products for US customers,” he said, adding that the two companies will “innovate faster” together. Daniel Pipitone, Co-Founder and CEO of TradeZero, said joining eToro gives his team access to a larger global platform. “Their global platform and millions of users give us the scale to accelerate innovation,” he stated. TradeZero brought in about $80 million in revenue over the past year, with gross margins of 81%. eToro said the deal should boost adjusted earnings per share in its first year. The acquisition still needs regulatory approval and is expected to close in the first half of 2027.The post eToro to Acquire US Brokerage TradeZero in Deal Worth Up to $231 Million first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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United Fintech Names New Partners and Leadership Team

United Fintech, a fintech platform serving banks and financial institutions worldwide, announced on Tuesday, that it has appointed three new partners and built a senior leadership team. The move marks what the company calls its “next chapter” as a trusted, neutral technology provider for wholesale finance. Founded in 2020, United Fintech has grown into one of the leading fintech platforms for banks, hedge funds, brokers, and asset managers. More than 250 financial institutions now use its technology, including 11 of the 12 largest banks in the world. Major shareholders include Barclays, BNP Paribas, Citi, Danske Bank, and Standard Chartered, along with investor Danske Growth Capital. The three new partners are Guy Hopkins, Rasmus Bagger, and Darren Coote. They join existing partners Tom Robinson, Marc Levin, and founder and CEO Christian Frahm, bringing the total partnership to six people. Each new partner brings a strong track record: Hopkins built FairXchange, a top FX analytics platform, Bagger led United Fintech’s global sales growth, and Coote built Cobalt, a major FX infrastructure network. Frahm said the new partnership structure rewards the people who helped build the company and gives them a stake in its future. “Infrastructure is a long-term business,” he said. “The people who build it should have the opportunity to own it for the long term.” United Fintech’s leadership team will now run daily operations, while the partnership serves as the company’s internal ownership group. The company plans to keep expanding its AI-driven tools and shared technology platforms for the finance industry.The post United Fintech Names New Partners and Leadership Team first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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BMO Sells Stake in Moneris to Francisco Partners in $2 Billion Deal

BMO Financial Group has announced it is selling its share of Moneris Solutions Corporation. The deal is being made together with Royal Bank of Canada, which co-owns Moneris. Both banks have agreed to sell the payments company to Francisco Partners, a technology investment firm, for around $2.0 billion in cash. BMO will receive half of that amount. Moneris is one of Canada’s biggest names in commerce and payment solutions. Over the past 25 years, it has grown to serve more than 325,000 business locations across the country. The company helps merchants accept and manage payments through a range of tools built for the Canadian market. Once the sale closes, BMO and RBC will each sign new long-term referral agreements with Moneris, with the banks continuing to direct customers to Moneris, even though they will no longer own the company. Sharon Haward-Laird, a senior BMO executive, said Moneris has built trust with Canadian businesses over the years and that the new ownership will help Moneris grow faster while still supporting its customers through the referral deals. BMO expects to book a gain of about $600 million after tax once the deal closes. The transaction should also boost the bank’s capital position slightly, though it is not expected to change BMO’s regular earnings much going forward. The sale is expected to close by early 2027, pending regulatory approval. BMO Capital Markets advised on the deal, with Osler, Hoskin and Harcourt LLP providing legal support.The post BMO Sells Stake in Moneris to Francisco Partners in $2 Billion Deal first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Funding Circle Lands New £500m Funding Commitment From Castlelake

Funding Circle, a leading platform for UK small business finance, has signed a new deal with Castlelake, a global investment firm. Under the agreement, Castlelake will commit up to £500 million to fund UK small businesses over the next two years. The deal marks Castlelake’s first time investing through the Funding Circle platform. It adds to a growing list of institutional backers that already includes banks, asset managers, pension funds, insurers and government-linked bodies. Funding Circle says its success comes down to more than 15 years of work building its technology and data systems. The company claims its credit models can spot risk three times better than standard credit bureau scores. This has helped attract big investors looking for a way into the small business lending market, which can be hard to access directly. By bringing in more funding partners, Funding Circle aims to keep growing without adding too much financial risk. This approach, often called capital-light, lets the company expand quickly and pass on more loans to firms across the UK. Dipesh Mehta, Chief Capital Officer at Funding Circle, said the new deal shows confidence in the firm’s technology and past results. He added that it means the company can support more small businesses and help drive UK economic growth. Aadit Prasad of Castlelake said his firm sees real value in the way Funding Circle uses data and technology to reach small businesses efficiently, while also giving investors solid, risk-adjusted returns. The deal adds fresh momentum to a lending platform that has become a key funding source for smaller UK companies.The post Funding Circle Lands New £500m Funding Commitment From Castlelake first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Revolut Bank Receives Full Banking Licence in France

Revolut Bank S.A. (RBSA) has been awarded a full banking licence in France, the company announced on Monday. The move marks a major step for the fintech giant’s growth in Europe. The licence was approved after a joint review by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the European Central Bank (ECB), with final approval given by the ECB Governing Council on August 10, 2026. Revolut already has around 30 million customers across Western Europe, with almost 8 million of them joining in 2025 alone. This new licence helps cement its position as one of the region’s biggest retail banks. The company plans to invest more than €1 billion in Western Europe and create over 600 new jobs. It will also open a new regional headquarters in Paris in 2027. RBSA will begin serving customers first in France, before expanding to other countries such as Germany, Ireland, Italy, Portugal, and Spain. Meanwhile, Revolut’s existing Lithuanian entity, Revolut Bank UAB, will continue to support operations across the rest of the European Economic Area. Both entities will be supervised by the ECB, forming what Revolut calls a “dual hub” model designed for large scale growth. Nik Storonsky, Revolut’s founder and CEO, said the licence gives the company “the foundation to build the next generation of banking” for its millions of customers in Western Europe. He added that France’s strong financial industry and regulatory system make it an ideal base for future growth. With banking licences now held in both Europe and the United States, Revolut continues to expand its global reach, currently operating in 40 markets worldwide.The post Revolut Bank Receives Full Banking Licence in France first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Broadridge’s Blockchain Repo Platform Hits $8 Trillion in July

Broadridge Financial Solutions said Monday that its Distributed Ledger Repo (DLR) platform processed $8.0 trillion in repo transactions during July 2026. The company’s average daily volume reached $365 billion for the month, marking a 28% jump compared to the same time last year. Broadridge, listed on the NYSE under BR, is a major player in fintech. The company says the growth shows how more banks and financial firms are turning to blockchain technology to manage their funding and collateral needs. Horacio Barakat, who leads Global Digital Innovation at Broadridge, said tokenization is now a bigger part of how banks manage cash and collateral. He added that DLR proves distributed ledger technology can handle large scale, stay reliable, and work well with other systems needed for major financing work. He also noted that firms are becoming more comfortable using tokenized systems in their everyday operations. DLR allows firms to settle repo trades using distributed ledger technology, while still using their normal trading and back office systems. This setup helps banks move tokenized collateral between parties quickly. As a result, firms can manage their cash better, use their capital more wisely, and run smoother operations, all without changing their existing setups. Broadridge noted that DLR remains a key part of its wider tokenization plans. The company aims to help bring traditional finance and digital markets closer together. Broadridge describes DLR as the world’s largest platform used by institutions for settling tokenized real assets.The post Broadridge’s Blockchain Repo Platform Hits $8 Trillion in July first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Allianz Global Investors Launches Active ETFs on SIX Swiss Exchange

Allianz Global Investors has become the newest ETF issuer on SIX Swiss Exchange, with the firm having recently announced it is adding four new exchange-traded funds to the market. The move gives investors more ways to access actively managed ETFs through the Swiss exchange. The new products, called the Allianz Smart Active ETF range, cover three equity strategies focused on global, European, and US markets. One of these strategies is offered in two different trading currencies, bringing the total number of listed funds to four. These ETFs combine Allianz Global Investors’ rules-based investment approach with the flexibility of the ETF structure. This means investors can trade throughout the day while still benefiting from an active management style. With this launch, SIX Swiss Exchange now counts 37 ETF issuers on its platform, showing steady growth in its listed investment products. Alexandra Auer, Head of Distribution EMEA at Allianz Global Investors, stated that entering the active ETF market marks an important step for the firm. She added that SIX Swiss Exchange offers the right mix of regulated access, a smooth listing process, and strong investor reach in Switzerland. Danielle Reischuk, Senior ETFs and ETPs Sales Manager at SIX Swiss Exchange, welcomed Allianz Global Investors to the platform. She noted that the new ETFs help expand Switzerland’s ETF market and reflect the ongoing growth of listed investment products in the country. Allianz Global Investors manages investments across equities, fixed income, multi asset, and private markets. The firm works with institutional and retail clients to build long-term investment solutions suited to different market conditions.The post Allianz Global Investors Launches Active ETFs on SIX Swiss Exchange first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Robinhood Launches Crypto Trading for UK Customers

Robinhood Markets (NASDAQ: HOOD) has officially rolled out cryptocurrency trading to UK customers this week, marking an expansion of its all-in-one investment platform beyond the US market. The launch follows Robinhood U.K. Ltd’s addition to the Financial Conduct Authority’s register of cryptoasset firms. Under the new arrangement, UK customers can trade digital assets directly within the Robinhood app through Bitstamp UK Ltd, which is separately registered with the FCA as a cryptoasset service provider. Crypto holdings will sit alongside customers’ existing stocks and shares ISAs, equities, options and futures in a single interface. Robinhood said the product carries zero trading fees, with no account maintenance or custody charges — positioning it as a lower-cost alternative to incumbent UK crypto platforms, which the company argues often rely on wide spreads and opaque pricing. Eligible customers will gain access to more than 50 cryptocurrencies, including Bitcoin, Ethereum, XRP and Hyperliquid, with the rollout continuing throughout the week. “A new wave of UK investors sees digital assets as an important part of a diversified portfolio,” said Jordan Sinclair, President of Robinhood U.K. Ltd and GM of Bitstamp UK Ltd. “With today’s launch, we’re taking another major step toward becoming the all-in-one investment platform for the UK.” Alongside the trading launch, Robinhood is introducing “Cortex Digests for Crypto,” an AI-powered tool that analyses news, market data and technical indicators to explain price movements in plain English, aimed at helping less experienced investors interpret market context.The post Robinhood Launches Crypto Trading for UK Customers first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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ASIC Suspends AFS Licence of Central Accord for 6 Months

Australia’s corporate regulator said Monday that it has suspended the Australian financial services licence of Central Accord Pty Ltd for six months, after finding the company was no longer carrying on a financial services business. The Australian Securities and Investments Commission revealed that the suspension took effect on 30 July 2026 and runs until 4 February 2027.  If Central Accord is able to recommence its financial services business before the suspension expires, it can make submissions to ASIC requesting that the order be revoked, the regulator noted Under the Corporations Act, ASIC may suspend or cancel a licence if the company ceases to carry on a financial services business. The regulator added that Central Accord first came to its attention after the Australian Financial Complaints Authority notified it that the company had been expelled as an AFCA member for failing to pay invoices that were more than 12 months overdue.  Financial services licensees are required to hold membership of the AFCA scheme under the Corporations Act. Central Accord held its AFS licence since 28 March 2003. The company is able to apply to the Administrative Review Tribunal for a review of ASIC’s decision.The post ASIC Suspends AFS Licence of Central Accord for 6 Months first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Plus500 Posts Record H1 Results, Announces $182.5m in Shareholder Returns

Plus500 Ltd. has reported record results for the first half of 2026, with revenue and customer income both hitting multi-year highs. The trading platform provider posted revenue of $462.9 million for the six months ending 30 June 2026, up 12% from the same period last year. This marks the company’s best six-month revenue figure in three years. Customer income, a key measure of trading activity, rose 24% year-on-year to $460.8 million, the highest level in five years. EBITDA came in at $187.5 million, a modest 1% rise, as the company invested more heavily in acquiring new customers. Alongside the results, Plus500 announced shareholder returns of $182.5 million, made up of $100 million in share buybacks and $82.5 million in dividends. This brings total shareholder returns announced so far in 2026 to $370 million, and lifts the total returned since the company’s 2013 listing to roughly $3.1 billion. CEO David Zruia said the first half marked a turning point for the company’s US business. Plus500 launched a CFTC-regulated prediction markets platform in February, added sports contracts in June, and introduced single stock futures shortly after the half ended. It also struck new partnerships with Wealthsimple and Nelogica. The company’s core OTC trading business grew too, expanding into Canada and Latin America and launching 24-hour trading, five days a week, on stocks and ETFs. Active customers grew 10% to 197,294, while new customers jumped 17% to 65,723. The board said it expects full-year revenue and EBITDA to meet current market expectations.The post Plus500 Posts Record H1 Results, Announces $182.5m in Shareholder Returns first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Crypto.com and Trump Media Shift Prediction Market Plan to Marketing Deal

Crypto.com and Nasdaq/NYSE Texas-listed Trump Media & Technology Group said Friday that they have agreed to change their previously announced prediction market integration.  The companies are pivoting from a direct product integration to a marketing agreement. In a joint announcement, the companies stated that rather than develop a direct prediction market integration on Trump Media’s Truth Social platform, they will market Crypto.com’s prediction market experiences to the Truth Social user base. “Our strategic focus is to drive revenue across Truth Social, continue to build our global media business, and close the merger with TAE,” commented Kevin McGurn, interim chief executive of Trump Media.  “This marketing agreement better aligns with our priorities and will put Crypto.com’s prediction market experiences in front of a highly engaged digital audience.” Meanwhile, Crypto.com, Trump Media & Technology Group and Yorkville Acquisition Corp. (NASDAQ: MCGA) announced Friday that they have cancelled their plans to establish Trump Media Group CRO Strategy, Inc. In a statement, the companies pointed to “prevailing market conditions and shifting business and stakeholder priorities.” “All initial discussions and development efforts regarding the proposed business combination and digital asset treasury structure will be formally concluded,” they stated.The post Crypto.com and Trump Media Shift Prediction Market Plan to Marketing Deal first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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Taurus and MPCH Partner to Improve Digital Asset Storage in the U.S.

August 6, 2026 Taurus, a company that builds digital asset technology for banks and other financial firms, has announced a new partnership with MPCH, which runs secure data centers, aimed at making digital asset storage safer for U.S. financial companies. MPCH will set up a special, secure area in its U.S. facilities. This space will host Taurus’ storage system, which uses devices called Hardware Security Modules, or HSMs, to protect digital assets. Taurus will still control its own technology. MPCH will take care of the building and infrastructure around it. This setup will help banks, exchanges, and other companies keep their data safe inside the United States. It will also include backup sites in other locations. This means if one site has a problem, another can keep things running. The partnership also looks ahead to new types of computer security. In the future, powerful quantum computers could break older security codes. Some HSMs can already use newer, stronger codes. This means companies can upgrade their security without replacing their whole system. Milena Kohlhofer from Taurus said this partnership gives U.S. companies more secure choices. Miles Parry, the CEO of MPCH, said good technology needs good infrastructure to succeed.  The post Taurus and MPCH Partner to Improve Digital Asset Storage in the U.S. first appeared on LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis.

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