Kakao Pay Securities has integrated TradingView’s charting engine into its mobile trading platform, expanding the technical analysis capabilities available to its 7 million users. The integration brings advanced charting features directly into the app, supporting both novice investors and active traders with enhanced tools for real-time decision-making. The partnership enables Kakao Pay Securities users to access multiple chart types and a range of technical indicators, including Simple, Exponential, and Weighted Moving Averages. These additions provide more flexible analysis of price trends and volatility, supporting more informed trading strategies from mobile devices. Kakao Pay Securities extends its offering beyond basic order execution Kakao Pay Securities is a core component of the broader Kakao Pay ecosystem, which has seen a 51 percent year-over-year revenue increase in 2024. The firm is positioning itself as a leading digital brokerage in South Korea by combining accessibility with deeper trading functionality. “We believe that our partnership with Kakao Pay Securities will make high-quality charting accessible to millions more users, allowing them to trade with confidence, no matter where they are or what device they use,” said the announcement. The charting integration is part of a broader effort by both companies to enhance usability and functionality for mobile-first retail investors. TradingView’s platform library is used by brokers and fintechs globally to deliver interactive, browser-embedded visualizations and analytics without sacrificing speed or precision. With this rollout, Kakao Pay Securities extends its offering beyond basic order execution, giving users more autonomy in analyzing markets. The move reflects a wider trend in the Asia-Pacific region, where mobile-first platforms are building out tools once reserved for desktop trading environments. Kakao Pay Securities has not disclosed additional roadmap items but has indicated ongoing development of new features tied to the TradingView platform. The integration aligns with its broader goal to simplify investing and provide scalable infrastructure for South Korea’s expanding base of digital investors.

LiquidityBook has announced that its buy-side clients can now access overnight trading in U.S. equities through an integration with Blue Ocean ATS and introducing broker Capital Institutional Services (CAPIS). The move enables institutional traders to execute trades between 8:00 PM and 4:00 AM ET, Sunday through Thursday, addressing growing demand for continuous market access. The partnership brings together Blue Ocean’s electronic alternative trading system and CAPIS’s clearing and access infrastructure within the LiquidityBook order management system. This new capability allows buy-side firms to trade National Market System (NMS) stocks during overnight sessions, reducing the need for external systems or manual workflows. LiquidityBook is the first OMS to offer 24/5 US equities trading Les Vital, Principal Sales Specialist at LiquidityBook, commented, “Buy-side firms have been asking for a simple, reliable way to trade overnight, and we’re thrilled to be the first Order Management System to make that a reality for the institutional side of the market. This collaboration with Blue Ocean and CAPIS empowers our clients to act on market-moving news around the clock without needing to piece together external workarounds.” Blue Ocean ATS was designed specifically for overnight trading of U.S. equities, providing transparency and full electronic access to institutional traders. The collaboration reflects an industry trend toward expanding trading hours to accommodate global market participants and real-time event reactions. Matthew Horisk, Chief Operating Officer at Blue Ocean Technologies, commented, “This collaboration is exactly what the market has been waiting for. Together, LiquidityBook and CAPIS help buy-side firms meet the growing demand for overnight trading access. We look forward to supporting this exciting new use case.” CAPIS will serve as the introducing broker, providing trade access and clearing. This setup supports LiquidityBook’s clients by offering a complete execution-to-settlement solution within a single system. Mark Viani, Director of Institutional Sales and Managed Account Solutions at CAPIS, commented, “We’re excited to play a key role in enabling this expanded trading capability for LiquidityBook’s buy-side clients. As the introducing broker, CAPIS is committed to delivering seamless access and clearing services that ensure these trades flow smoothly from execution to settlement.” The new functionality builds on LiquidityBook’s existing capabilities, including its global FIX network, LBX Connect, which links users to over 1,600 routing destinations across more than 80 countries. The platform’s architecture is fully cloud-native and supports both buy- and sell-side firms with customizable workflows. LiquidityBook is a FactSet company. Its OMS technology is used by hedge funds, asset managers, and other institutional trading firms to manage trading, allocation, compliance, and reporting. The platform is continuously updated and configured based on client feedback, and it integrates natively with a wide array of market data and execution venues. FactSet acquired LiquidityBook in 2023 as part of its strategy to deepen trading infrastructure capabilities. FactSet currently serves over 8,600 clients across the financial sector and operates in 20 countries, supporting nearly 220,000 users. This integration signals a shift in how institutional firms approach trading hours and infrastructure, as global events and client demand increasingly require 24-hour readiness. LiquidityBook’s collaboration with Blue Ocean and CAPIS positions it as one of the first OMS providers to offer native support for overnight U.S. equity trading.

Bitcoin (BTC) is currently trading around $103,424, reflecting a modest gain of 1.37% over the past 24 hours. The leading cryptocurrency recently saw a high of $104,305 and a low of $101,760, showcasing heightened volatility and investor activity. The rally, which saw Bitcoin climb over 8% in a 10-day span, has been primarily attributed to increasing speculation of U.S. interest rate cuts and a wave of institutional buying. According to reports, large investors are re-entering the crypto market in anticipation of a more favorable macroeconomic environment. Bitcoin briefly touched $105,500 before slipping amid profit-taking and a cooling in buying pressure. Despite the recent surge, several technical indicators suggest the rally may be losing momentum. Analysts have pointed out a potential double top formation reminiscent of the 2021 cycle peak. Bearish divergence in the weekly RSI (Relative Strength Index) and declining trading volumes support this view. Bitcoin continues to trade within a key range between $97,000 and $104,000, indicating a period of consolidation. Traders are closely watching whether BTC can break above the $105,000 resistance level or fall below support at $97,000, which would define the short-term trend. Forecast models remain optimistic, with some projecting that Bitcoin could trade between $105,210 and $128,489 within the next five days—implying potential upside of over 24%. Market sentiment is currently bullish, with the Fear & Greed Index showing a reading of 71 (Greed), reflecting strong investor confidence. Still, market observers warn of the risks tied to technical reversals and macroeconomic unpredictability. A failed breakout or renewed regulatory pressures could trigger a correction in the near term. Bitcoin’s short-term trajectory is balanced between bullish macroeconomic catalysts and cautionary technical patterns. While the market outlook remains positive for now, traders are advised to monitor key price levels and stay alert to shifts in broader financial conditions that could impact crypto valuations. Ethereum (ETH) is trading at approximately $2,579.47, reflecting a 1.26% increase over the past 24 hours. The second-largest cryptocurrency has been oscillating between $2,496.89 and $2,603.75, maintaining its upward trajectory amid strong investor demand. The recent momentum can be partly attributed to the successful implementation of Ethereum’s Pectra upgrade on May 7, 2025. The upgrade enhances scalability and staking functionality, improving the network’s efficiency and reinforcing investor confidence. Despite minor outflows from ETH-based ETFs, institutional demand remains steady, with Ethereum’s foundational role in decentralized finance (DeFi) acting as a long-term catalyst. Ethereum is currently trading within a key support and resistance zone of $2,407 to $2,740. Analysts caution that while the trend remains bullish, indicators such as the RSI and MACD are flashing early signs of potential retracement. Support around $2,420 is expected to be a critical threshold in the event of a downward move. A sustained break above $2,740, however, could mark the beginning of a more substantial rally, possibly setting sights on the $2,900 level. Market sentiment remains largely optimistic. The Fear & Greed Index currently reads 70 (Greed), indicating strong confidence among market participants. Forecast models suggest Ethereum could reach between $2,750 and $2,900 over the coming weeks—up to a 12.4% increase from current levels. Ethereum’s enhanced staking appeal, combined with reduced gas fees and scalability benefits from the Pectra upgrade, are seen as pivotal in attracting both retail and institutional interest in the near term. Ethereum’s short-term price direction remains bullish, driven by fundamental upgrades and sustained investor interest. However, caution is warranted as technical indicators hint at possible pullbacks. Traders should watch the $2,420 and $2,740 levels closely as Ethereum’s next decisive move takes shape.

Wintermute has announced the opening of its U.S. headquarters in New York City, marking a significant move in the firm’s global expansion. The decision reinforces its operational footprint in North America and establishes a physical presence in what the company called “the capital of global finance.” The algorithmic trading and OTC firm will use its New York base to deepen relationships with U.S.-based counterparties and partners while broadening its role in regulatory engagement. As part of this expansion, Wintermute appointed Ron Hammond as Head of Policy and Advocacy. Hammond was previously Senior Director of Government Relations at the Blockchain Association and brings nearly a decade of experience in financial policy. “We believe we are well-positioned to lend our expertise on Capitol Hill” Ron Hammond, Head of Policy and Advocacy at Wintermute, commented, “I am thrilled to join Wintermute, a global powerhouse in digital asset markets, as it establishes a U.S. presence at this critical moment for the digital asset industry. With the regulatory climate in the U.S. becoming more constructive, we see tremendous opportunity to foster responsible innovation and deepen engagement with policymakers and industry stakeholders. I’m eager to work alongside the Wintermute team as it forges a new path in America.” Hammond began his policy career in 2016 as Financial Services Policy Lead for Congressman Warren Davidson. He later joined the Blockchain Association, where he authored legislative proposals, including the Token Taxonomy Act, a bipartisan initiative to create a regulatory framework for digital assets. The appointment reflects Wintermute’s intention to shape digital asset regulation through long-term participation rather than lobbying from the sidelines. The firm confirmed that Hammond will lead policy engagement across state and federal levels, contributing to legislative development and helping coordinate industry-wide responses to proposed rules. Evgeny Gaevoy, CEO of Wintermute, commented, “As the U.S. policy towards digital assets and blockchain innovation has become friendlier, we were determined to act fast and establish roots in the financial capital of the world, New York City. We’re eager to continue our growth and play an integral role in the U.S. market. As a neutral player with deep expertise in all areas of digital assets, we believe we are well-positioned to lend our expertise on Capitol Hill, which we have done recently in our meeting with the SEC Crypto Task Force, and with Ron joining, we will commence fulsome efforts in America.” Gaevoy added that Wintermute’s role across the digital asset ecosystem gives it a “policy-agnostic” advantage when engaging with regulators and lawmakers. The firm plans to use that neutrality to offer technical insights without promoting specific business models. Wintermute is also growing its U.S.-based business development and partnerships team and expanding hiring across key functions. The move comes as digital asset firms seek more formal engagement in Washington, driven by bipartisan interest in crypto market structure legislation and renewed attention to stablecoin frameworks. The company stated that its U.S. office would serve as a cornerstone for expanding services across North America, including localized support for OTC trading counterparties. Wintermute is already recognized globally for its liquidity services in crypto markets, and the firm has increased its involvement in regulatory consultation with global financial authorities. The New York launch reflects confidence in the U.S. as a growth market for institutional digital assets. As regulations move toward greater clarity, Wintermute’s positioning in both trading infrastructure and policy dialogue aligns it with firms anticipating mainstream adoption of tokenized financial instruments.

Abu Dhabi’s Mubadala Investment Company has increased its exposure to Bitcoin via the iShares Bitcoin Trust (IBIT), according to a newly disclosed filing with the U.S. Securities and Exchange Commission (SEC). As of March 31, 2025, Mubadala held 8,726,972 shares of IBIT, valued at approximately $408.5 million. This marks a notable increase from the 8,235,533 shares it held at the end of 2024. The expansion comes despite a decline in the share price of IBIT from roughly $54 to $47 over the first quarter of 2025, indicating a strategic, long-term approach to cryptocurrency investments. With total assets under management estimated at $302 billion, Mubadala’s investment in IBIT constitutes around 0.14% of its overall portfolio. Institutional Confidence in Bitcoin ETFs Strengthens Mubadala’s increasing stake positions it among the top sovereign wealth fund holders of Bitcoin ETFs, joining a growing list of institutional investors embracing regulated crypto products. Unlike direct Bitcoin investments, ETF holdings allow institutions to gain exposure to digital assets without the operational complexities and regulatory hurdles associated with custody, security, and compliance. While some major investors, such as the State of Wisconsin Investment Board, have opted to exit their Bitcoin ETF positions amid fluctuating market conditions, Mubadala’s move contrasts with that trend. The decision highlights a differentiated investment thesis that appears focused on longer-term digital asset integration rather than short-term speculation. The move is being closely watched by analysts and institutional peers, as sovereign wealth funds are traditionally conservative and influence broader market sentiment. Mubadala’s investment through BlackRock’s IBIT could serve as a validation of Bitcoin’s increasing acceptance within traditional finance circles and may pave the way for similar moves by other state-backed entities. Global Shift in Asset Allocation Strategies The increased allocation to Bitcoin ETFs reflects a broader global shift in asset management strategies among large institutional players. With persistent inflation concerns, ongoing geopolitical tensions, and changing macroeconomic dynamics, alternative assets like Bitcoin are becoming more attractive as portfolio diversifiers. Moreover, BlackRock’s iShares Bitcoin Trust has seen mounting interest since its inception, benefiting from its brand recognition and regulatory compliance. The ETF structure provides liquidity, transparency, and institutional-grade safeguards that align with the risk frameworks of sovereign funds like Mubadala. As regulatory clarity around digital assets continues to improve globally, the entry of major sovereign wealth funds into crypto-linked financial instruments could mark a turning point in the maturation of the asset class. For now, Mubadala’s bold step reaffirms its readiness to participate in the evolving financial landscape, where digital assets are no longer on the fringe, but part of a forward-looking investment strategy.

Picture being in the midst of founding a revolutionary crypto company with advanced technology—customers just don’t show up. Why not? Within the complex Web3 environment, design is not an indulgence, it’s a necessity. The leading crypto products are built on intentional branding, UX exploration, and human-centric design to drive adoption, build trust, and be scalable, differentiated brands in a crowded space. 1. Crypto Is Complex — Design Makes It Human Decentralized finance, smart contracts, blockchain, seed phrases, bridging tokens—this is confusing even for technically educated users. Unless you have a decent interface, you’re keeping your product out of reach of the common man. The learning curve is high, and even small mistakes bring grave consequences, so users won’t even try to engage. A decent design does two crucial tasks: Streamlines user journeys to make technical behaviors easy (e.g., swapping, staking, or minting). Breaking down multi-step flows into simple, step-by-step journeys, design makes it easy for users to get involved, even if they have no crypto experience. Conveys trust and credibility, particularly when users are encouraged to save tokens or confirm wallet transactions. Visual indication, empathetic microcopy, and cohesive branding all converge to let users feel safe that they’re being taken care of. We’re not just designing UI—we’re designing clarity, trust, and emotional simplicity in an environment that many find risky. By simplifying complicated processes into frictionless experiences, design closes the innovation-adoption gap, enabling more people to contribute with confidence to the crypto ecosystem. 2. First Impressions Shape Funding and Growth There’s but one chance to make a first impression, particularly when pitching investors or attempting to make a splash on Product Hunt, Twitter, or the introduction of a token. In the increasingly speedy world of crypto, attention spans are fleeting, and competition is fierce. Without instilling confidence at first glance, prospective backers and users alike will forget about your product within a very brief period. A clean, thoughtful prototype can: 1. Visually communicate your value proposition  Words cannot possibly capture the true strength of your product. A good prototype demonstrates rather than explains. It shows visually, guiding users and investors through how your solution solves a real problem. With intuitive navigation, user flows, and a tidy interface, your value jumps out. It eradicates uncertainty and bridges the gap between vision and understanding. 2. Increase the perceived maturity of your product  Even in the earliest stages, a high-quality prototype can create the impression that your product is more mature than it is. And it succeeds. It instills confidence in stakeholders, prospective customers, and VCs, who will generally equate good design with execution capability and market fit. A good prototype creates the perception of professionalism and indicates a systematic, design-centric culture that can scale up. 3. Show investors you understand your user  A prototype that encapsulates real user behavior, pain points, and goals is an irrefutable sign that you’ve done your research. Investors don’t invest in ideas—investors invest in teams who intensely understand their user base. By presenting a product experience anchored in user need, you prove that your design decisions are intentional, data-driven, and user-centered. That’s a convincing differentiator in a pitch. Experiments show the average Google page-one listing is 1,447 words, so the value of sound, consistent content is emphasized as a credibility marker, both to customers and investors, and to search engines. The same will hold with your product user interface: the clearer, the more nuanced your experience, the more impact you have. We’d observed. Projects would simply get better by redoing their MVP. Their landing page. Solid, cold, hard evidence that graphical legitimacy speaks volumes. Good design is where beauty meets credibility, desire, and investment-worthiness. 3. Design = Trust in a Trustless System Ironically, in a decentralized world built on “trustless” systems, human users continue to crave visual signals of trust. A suspicious-looking dashboard or buggy wallet UI is enough to trigger instant churn. Users must be convinced, especially when dealing with assets and transactions that cannot be reversed. Design choices like: 1. Consistent Visual Language Consistent visual language is your type, color, icons, spacing, and overall design, all following a consistent, reproducible pattern. Such consistency creates familiarity and trust, feelings that are priceless in an environment where users already distrust or feel overwhelmed. In crypto, where complex financial concepts tend to be abstract, visual simplicity enables users to focus, understand, and act with confidence. It also strengthens your brand identity and makes your interface look polished and professional. 2. Predictable Interactions Your users should never be confused about what happens when they click on a button or initiate a transaction. Predictable interactions are where every action within your dApp or crypto product follows expected behavior patterns. Buttons look clickable, there are hover effects, confirmations are clear, and feedback is real-time. 3. Secure and Frictionless Wallet Flows Wallet connection is among the first (and most personal) things that users do in a Web3 flow. A good wallet flow will feel safe, quick, and frictionless. It gives clear directions, informs the user what permissions they’re granting, and minimizes friction like unnecessary redirects or confusing confirms. ..сan decrease bounce rates, boost TVL, and enhance conversions. Design is your moat when tech parity among rivals exists. It’s a world where code can be replicated, but trust can’t, so a highly polished user experience is what distinguishes and keeps users. 4. Design Drives Community Engagement Leading crypto projects don’t just gain users—they create communities. And communities don’t rally behind enigmatic products—they rally around empowering and usable ones. Wherever interfaces are easy and gorgeous, members will be more likely to use, contribute value, and share. Great design can: Make DAOs easier to understand and easier to vote on, lowering the barrier to entry and making governance accessible to everyone, not only tech experts. Help NFT collectors showcase their holdings meaningfully, making digital ownership socially shareable and visually stunning,whicht encourages sharing and being proud to own their collections. Make your whitepaper readable with thoughtful design, readable typography, and motivating visuals, making heavy technical reports into enjoyable stories that attract users and investors. In Web3, community is a driver of growth, and blockchain design is the methodology that enables engagement. Frictionless user experience lowers the barrier to entry, enables collaboration, and creates a sense of belonging. It is designed that eventually converts passive users into passionate advocates that propel your project ahead. At Arounda Agency, we’ve seen firsthand how design can elevate crypto community engagement. From intuitive governance dApps to NFT marketplace designs that users enjoy using, good design transforms users into brand advocates and fosters ecosystem growth, rather than merely product development. 5. Design Accelerates Development New companies have little time and little money. Without Figma flows and UI libraries and solid design documentation, devs improvise. That is: Misaligned builds, which need rewriting expensive and throw a spanner into your roadmap Tech debt that adds up at breakneck speed and becomes harder and more expensive to change down the line Weeks of lost back-and-forth, battering through requirements, and fixing preventable errors By hiring a crypto design agency, you’ve got developers delivering faster, iterating faster, and you don’t waste your runway later debugging design. Clean design systems provide one source of truth, no confusion, and no rework. That design and development alignment not only speeds up your roadmap, but you also end up with a better-integrated, scalable product. Spending money on design and implementing blockchain technology can be done as early as possible in your career, and it pays off later in your startup business. 6. The Visual Identity Is the Brand Your product can be decentralized, but your brand identity needs to be centralized. Logos, token symbols, UI color schemes, marketing graphics—these are not nice-to-haves. These are what people remember and get them to pay attention to your project. In a noisy marketplace, a great visual identity cuts through and assists in building emotional connections with your people. Uniswap. Solana. MetaMask. Each has unique, memorable visual characteristics that communicate value and trust in an instant. Each touchpoint, from your user interface and site design to your social media images, must contribute to your brand personality and purpose. To have a unified visual language does more than make new customers love your brand; it wins hearts from your current customer base, so your brand becomes the default seal of trust and innovation. Good visual identity isn’t “extra.” It’s your first and most frequent contact. The #1 Google result gets 27.6% of all the clicks, showing just how much top-of-the-line visibility can generate. When your product looks like a leader, people respond to it that way. 7. Regulation Is Coming — Clean UX Will Win As regulators advance towards blockchain and crypto, poorly designed, uncertain UX products will be addressed first. Solid design promotes transparency, openness, and user agency, which will be in line with new compliance standards. The easier it is for your users to comprehend your platform, the easier it will be to demonstrate compliance and build trust with regulators and users alike. Regardless of what you’re creating in web3, DeFi, infra, NFTs, or wallets, compliance through UX is on its way. Get ahead of the curve now. Bets on significant, accessible, clean interfaces aren’t merely keeping up with change and being compliant, they’re launching your project as a leader in responsible innovation. With the changing landscape of the future, those that center their efforts on user-experience-first design will be the ones to adapt and succeed adaptively. The Bottom Line Design is not a “nice-to-have” in web3—it is the key to game-changing technology and real human adoption. Design makes it simple to get in, simplifying complex blockchain experiences into easy journeys for non-technical users. It creates brand love with repetitive visual language and smooth experiences. It instills trust in the community and investors by speaking with professionalism, simplicity, and long-term vision. It saves time and cost in development by reducing rework and getting teams aligned upfront. Most importantly, design shapes perception—how your product feels, how it’s remembered, and how quickly it’s embraced. If you’re serious about building a crypto product that doesn’t just function but thrives, design can’t be an afterthought. It must be embedded in your foundation from day one. This content is the opinion of the paid contributor and does not reflect the viewpoint of FinanceFeeds or its editorial staff. It has not been independently verified and FinanceFeeds does not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.

Méliuz (CASH3.SA), a prominent fintech company based in Brazil, has officially entered the ranks of corporate Bitcoin holders, becoming the first publicly traded firm in the country to adopt the cryptocurrency as part of its treasury strategy. The announcement, made on May 15, 2025, marks a significant milestone for both Méliuz and the broader Latin American financial ecosystem. The company revealed it had purchased an additional 274.52 BTC, valued at approximately $28.4 million, following approval from shareholders. This acquisition brings Méliuz’s total Bitcoin holdings to 320.25 BTC, worth over $33 million at the time of purchase. The strategic move allocates around 10% of the company’s cash reserves into Bitcoin, aligning Méliuz with a growing cohort of global firms adopting digital assets as long-term stores of value. The firm emphasized that this decision was not a speculative gamble, but rather a calculated move to enhance long-term shareholder value. “Our objective is not merely to hedge against inflation, but to maximize the amount of Bitcoin per share, much like global peers such as MicroStrategy,” the company stated. Stock Price Soars Amid Strategic Pivot Since Méliuz made its initial Bitcoin purchase in March 2025, the company’s stock price has more than doubled, rising by over 116%. The dramatic appreciation reflects strong investor support and confidence in the firm’s Bitcoin-centric direction. The shift marks a broader transition in corporate treasury practices, as companies increasingly explore alternative assets amid economic uncertainty and currency volatility. In Brazil, where inflation has historically played a significant role in monetary policy decisions, Bitcoin’s fixed supply and decentralized nature offer a compelling value proposition. Analysts believe Méliuz’s decision may spark a wave of similar moves among Brazilian and Latin American firms, particularly in the fintech and technology sectors. The company’s leadership has noted that this integration of Bitcoin is not a short-term strategy but a foundational component of its corporate vision going forward. Setting a Precedent for Crypto Adoption in Latin America By becoming the first publicly listed firm in Brazil to implement a Bitcoin treasury strategy, Méliuz is positioning itself at the forefront of digital financial innovation in the region. The move signals a potential inflection point in how Latin American corporations perceive and utilize cryptocurrency. Méliuz’s Bitcoin acquisition comes at a time when institutional adoption of digital assets is gaining momentum globally. With regulatory frameworks maturing and investor sentiment shifting, the firm’s bold strategy could serve as a blueprint for other companies seeking to integrate digital assets into their financial operations. As the digital economy continues to evolve, Méliuz’s pioneering step may ultimately redefine corporate treasury management standards across Latin America and beyond.

Collapsed cryptocurrency exchange FTX will begin distributing more than $5 billion to creditors starting May 30, 2025, as part of its second major repayment round under its Chapter 11 bankruptcy proceedings. This move comes nearly two and a half years after the exchange’s dramatic collapse in November 2022 and signals a substantial step forward in the ongoing process of compensating victims of one of the largest financial failures in digital asset history. According to court documents and statements from the FTX Recovery Trust, eligible creditors will receive payments via BitGo and Kraken, which were selected as the official distribution platforms. Funds are expected to be processed and delivered within one to three business days following the distribution date, assuming recipients have met all compliance requirements. Repayment Calculations Tied to 2022 Asset Valuations While the $5 billion figure marks a significant distribution, payouts are being calculated based on asset values from the date of bankruptcy filing in late 2022. This has generated frustration among some creditors, as many cryptocurrencies have substantially appreciated in value since that time. Legal experts note that using the 2022 valuations aligns with standard U.S. bankruptcy code, which typically locks asset pricing at the time of filing to ensure uniformity in repayment. Creditors are being grouped into specific claim classes, each with its own repayment percentage: Class 5A (Dotcom Customer Entitlement Claims): 72% Class 5B (U.S. Customer Entitlement Claims): 54% Classes 6A & 6B (General Unsecured and Digital Asset Loan Claims): 61% Class 7 (Convenience Claims): 120% These categories reflect the complexity of claims stemming from FTX’s global operations, which served both retail and institutional clients across multiple jurisdictions. KYC Compliance Required Ahead of Disbursement To receive payments, creditors must complete Know Your Customer (KYC) verification and submit any necessary tax documentation. Failure to meet these obligations by the designated deadline may result in disqualification from this distribution round. The FTX Recovery Trust has urged all eligible claimants to act promptly to avoid missing out. This marks the second major distribution following a $1.2 billion payout in February 2025, which primarily targeted smaller, convenience-class claims. According to FTX Recovery Trust Plan Administrator John J. Ray III, the latest payout represents a “crucial milestone” in the company’s recovery roadmap. Further distributions are anticipated later in 2025 as additional assets are recovered and outstanding legal claims are resolved. Stakeholders remain hopeful that continued progress will increase total recovery percentages and bring greater closure to one of crypto’s darkest chapters.

Franklin Templeton has received regulatory approval from the Monetary Authority of Singapore (MAS) to launch a tokenized money market fund for retail investors, a landmark moment for blockchain-based financial products in the region. The Franklin OnChain U.S. Dollar Short-Term Money Market Fund will be the first of its kind in Singapore, integrating traditional asset management with distributed ledger technology (DLT) to modernize fund access and administration. Structured under the Franklin Templeton Investments Variable Capital Company (VCC), the fund will utilize the firm’s proprietary blockchain-based transfer agency system to issue and manage shares. The approval from MAS underscores the regulator’s progressive stance on financial innovation and its commitment to enabling the growth of tokenized assets in a secure and regulated environment. With a minimum investment requirement of just $20, the fund aims to lower barriers to entry and offer retail investors exposure to high-quality, short-term U.S. dollar-denominated securities. The portfolio will consist of debt instruments issued by governments, agencies, and corporations, mirroring the structure of Franklin Templeton’s Luxembourg-registered version of the fund. Importantly, the fund will actively manage currency risk to maintain a focus on USD exposure. Blockchain Integration Meets Institutional Standards The Franklin OnChain fund will operate on a blockchain-integrated transfer agency platform developed by Franklin Templeton, enabling real-time recordkeeping, increased transparency, and streamlined settlement. By embedding blockchain technology into the core infrastructure of fund management, the firm seeks to enhance operational efficiency and provide investors with a next-generation experience in asset ownership and monitoring. The approval from MAS signals confidence in the viability of tokenized investment products and reaffirms Singapore’s role as a leader in the adoption of digital finance. Tokenization—the process of issuing digital representations of real-world assets on a blockchain—has gained significant momentum globally as institutions explore ways to modernize markets, improve liquidity, and reduce administrative friction. While the official launch date has yet to be confirmed, Franklin Templeton’s move into Singapore’s tokenized fund space sets a precedent for other global asset managers. Industry analysts see the initiative as a watershed moment in the evolution of retail investment products and anticipate that it may accelerate the development of similar offerings across Asia. As the financial services industry continues to explore tokenized instruments, Singapore’s regulatory clarity and infrastructure readiness are expected to make it a preferred jurisdiction for innovation. Franklin Templeton’s fund launch could be a catalyst for broader adoption and integration of blockchain-based financial solutions across the region.

U.S. prosecutors said Thursday they will not pursue part of the criminal case against Tornado Cash co-founder Roman Storm, ahead of his scheduled trial in July, but plan to move forward on charges of money laundering and sanctions violations. The U.S. Attorney’s Office for the Southern District of New York said in a court filing that it would drop part of the allegation that Storm operated an unlicensed money transmitting business, though it will continue pursuing other charges tied to money laundering, unlicensed money transmission, and violating the International Emergency Economic Powers Act (IEEPA). The move comes as the Department of Justice (DOJ) adopts a narrower enforcement approach under the Trump administration, aligning with an April policy memo that called for ending “regulation by prosecution.” The memo instructed federal prosecutors to avoid bringing cases that impose financial regulations through criminal charges, leaving such oversight to civil regulators. Instead, the DOJ said it would focus its efforts on cases involving investor harm or criminal abuse of crypto, such as terrorism financing or hacking. That shift excludes many registration-based violations against crypto intermediaries, while still targeting platforms used for illicit purposes. Roman Storm was indicted in 2023, accused of helping develop and operate Tornado Cash, a which was sanctioned by the Treasury’s Office of Foreign Assets Control (OFAC) in 2022. Those sanctions were removed in March 2025. Storm has challenged the charges on First Amendment grounds, arguing that building open-source software should not be criminalized. His trial is currently set to begin on July 14 after earlier delays. Tornado Cash is a decentralized protocol that provides privacy for transactions on the Ethereum blockchain, allowing users to make anonymous transfers. While private financial transactions are legal, Tornado Cash has been exploited by some users for money laundering. Earlier this year, the Ethereum Foundation donated $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev as he prepares to appeal his money laundering conviction in the Netherlands. The 31-year-old Russian national was sentenced to 64 months in a Dutch prison in May 2024 after authorities alleged he had “a habit of committing money laundering”. Prosecutors argued that he should have been aware that illicit funds were flowing through the Tornado Cash platform. One of the judges characterized Tornado Cash as primarily a tool for criminal activity, which played a key role in Pertsev’s conviction.

Euronext reported a 14.1% rise in first-quarter revenue, driven by a sharp increase in trading activity across fixed income, FX, and equities, as market volatility and client demand pushed volumes to record highs. The pan-European exchange group posted revenue and income of €458.5 million for the three months to March, up from €401.9 million a year earlier. Adjusted net income rose 11.8% to €183.5 million, while adjusted earnings per share increased to €1.80 from €1.58. Reported net income rose nearly 18% to €164.8 million. Chief Executive Stéphane Boujnah said the quarter delivered record performance, helped by high trading volumes across asset classes and steady growth in non-trading services. Cash equity revenue rose more than 22%, while fixed income trading jumped over 30%. The group also recorded strong activity in FX and commodities markets. Non-volume-related revenue, which made up 57% of the total, increased on the back of higher demand for custody, settlement, and data products. Securities Services revenue rose 6.8% to €83.4 million, supported by growth in assets under custody and a rise in settlement instructions. Data and technology services also saw continued demand, with revenue from Advanced Data Solutions rising 8.1% and investor services growing nearly 10%. Euronext’s earnings before interest, taxes, depreciation and amortisation came in at €294.1 million, up 17% from a year earlier. The EBITDA margin widened to 64.1%. Operating expenses, excluding depreciation and amortisation, increased 9.1% to €164.5 million due to recent acquisitions and investment in growth areas. The company reported a decline in derivatives clearing fees due to changes in how revenues are recognised following the internalisation of clearing operations. However, net treasury income rose 58.8% to €18.6 million, reflecting the benefits of bringing more of the clearing process in-house. Euronext has started implementing elements of its 2027 strategic plan, including the consolidation of equity settlement across Amsterdam, Brussels and Paris under its Euronext Securities platform. The company also completed the acquisition of Norwegian software provider Admincontrol last week for NOK 4.65 billion, expanding its subscription-based governance services in the Nordics and UK. In April, Euronext launched a new pan-European equity listing template—the European Common Prospectus—to reduce complexity for issuers and improve access to capital markets across the bloc. Trading volumes remained elevated into the second quarter. Average daily cash trading in April was €16 billion, up 44% from a year earlier. Derivatives and FX activity also remained strong, while bond clearing and custody services posted further gains. Euronext reaffirmed its cost guidance of €670 million for the full year and proposed a dividend of €2.90 per share, equivalent to 50% of reported net income. The dividend will be paid on May 28 to shareholders on record as of May 27. The group’s net debt to EBITDA ratio stood at 1.4 times at the end of March, within its stated financial range. Euronext said it redeemed a €500 million bond issued for its 2018 acquisition of the Dublin exchange, further reducing its leverage.

As President Donald Trump’s pro-crypto turn shapes how legislators approach digital asset policy, a new bipartisan push to control stablecoins is running across fresh political friction.  Introduced by Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.), the measure aims to establish a national framework for supervising stablecoins— cryptocurrency linked to the U.S. dollar. It tasks the Federal Reserve with monitoring systemic risks, sets up clear paths for federal or state registration, and specifies reserve needs. Trump’s Pro-Coin Change Changes the Story The path of the measure has been reinterpreted by President Trump’s sudden crypto embrace. Originally a strident opponent of digital currencies, Trump today supports blockchain innovation, digital asset competitiveness, and even crypto donations for his reelection campaign. This change sharpened political divisions. Some Democrats are hesitant to forward legislation seen as supporting the President’s crypto-friendly narrative. Trump-aligned Republicans, meanwhile, are leveraging his posture as a focal point to advocate for less government red tape and charge Democrats with stifling creativity. Political Optics Stall the Advancement of Regression “This bill was developed with balance in mind,” said a senior Senate staffer. “But now it’s caught in a more expansive ideological struggle over what kind of financial future the U.S. wants to lead, not just over crypto.” The bill’s hybrid approach allows stablecoin issuers to operate under state regimes or choose a new federal charter, therefore providing them with control. But it gives the Federal Reserve the last say in sanctioning new issuers and supervising more general financial stability, a clause some Republicans view as a grab of authority. Progressive Democrats, on the other hand, contend that the law would allow fraud or instability in an already unstable market without more active federal control and greater consumer protections. Industry Pressures Grow as Lobbying Turns Up Steam Arguing that legal clarity will provide confidence and long-term investment to the sector, industry leaders like Circle and Paxos are lobbying legislators to support the bill. These companies are also advocating for flexible regulations that won’t restrict innovation or slow down development. Pressing Congress forward are crypto advocacy groups, the U.S. Chamber of Commerce, and financial technology consortia, which warn that politicizing crypto policy might set the U.S. back globally. The Future: Rhetoric or Regulation? Despite the escalating tensions, Senators Lummis and Gillibrand are still hopeful. “We need a stablecoin framework to protect consumers and support invention,” Lummis stated in a recent press release. “Politics shouldn’t derail smart, future-oriented policy.” With the 2024 election season under full swing, crypto is evolving from a mere financial concern into a political litmus test. Whether the measure passes will probably rely on whether legislators give meaningful regulation top priority or become caught in the optics of a Trump-led crypto narrative.  

Underlining in a key speech at the HODL Summit 2025 in Dubai on May 14–15 the crucial role trust and innovation play in the evolving scene of cryptocurrencies, KuCoin EU CEO Oliver Stauber said. Representing a major worldwide bitcoin exchange, KuCoin, Stauber reaffirmed its dedication to establish a safe and innovative environment for trading digital assets.  Increasing Reliance on the Crypto Ecosystem  Stauber’s keynote speech mostly focused on the issue of building and maintaining confidence inside the Bitcoin ecosystem. He talked about KuCoin’s commitment to openness, security, and regulatory compliance as basic elements for building user confidence.  KuCoin wants to solve common problems in the crypto market and provide a consistent platform for its users by giving these features great attention. Inspiring Originality with User-Centered Development Emphasizing KuCoin’s innovative ideas, Stauber discussed the business’s user-centric approach. He noted that it is highly crucial to understand user demands and add feedback into the platform development. This approach ensures KuCoin’s sensitivity to the dynamic requirements of the crypto community, therefore promoting continuous innovation and growth. Respect for Compliance Rules Dealing with the legal environment, Stauber stressed KuCoin’s dedication to obeying legal rules and cooperating with authorities. He stressed that, even if varied regulations across nations create challenges, the sustainable growth of the Bitcoin industry depends on compliance. KuCoin aims to close the distance between the growing digital economy and traditional banking systems by fiercely advocating for regulation. Connecting with the Global Crypto Community Stauber’s involvement in the HODL Summit 2025 reflects KuCoin’s more global approach of engaging the crypto community. By means of such events, KuCoin seeks to network with colleagues in the sector, share ideas, and assist the entire Bitcoin industry in growth. This engagement highlights the company’s leadership role and active participation in determining the course of digital finance. Looking Ahead: KuCoin’s Vision Stauber emphasized KuCoin’s future vision and the company’s willingness to offer an honest and innovative platform. By balancing user-centric development with regulatory compliance, KuCoin intends to manage the complexity of the crypto market and continue to provide value to its customers.  Stauber’s findings at the HODL Summit 2025 capture KuCoin’s strategic orientation and their influence in the ongoing transformation of the Bitcoin ecosystem. Stauber stressed that KuCoin would not only enhance its service options but also boost its training programs to equip customers with crypto expertise. Having aspirations to spend more in blockchain innovation like DeFi and Web3 capabilities, KuCoin sees herself as a pillar of the future digital financial age. Stauber also underlined upcoming agreements and integrations aimed to boost KuCoin’s global availability. 

Bankrupt crypto exchange FTX is preparing to launch its second round of creditor repayments on May 30, with over $5 billion set to be distributed to eligible claimants, the company’s estate announced on Thursday. Payments will be processed through BitGo or Kraken, and recipients can expect funds to arrive within one to three business days, depending on the chosen provider. The new distribution follows the initial round in February, which focused on creditors with claims under $50,000. This second phase will repay those with larger claims as part of FTX’s broader bankruptcy proceedings under CEO John Ray III. Bloomberg previously reported that FTX has earmarked around $11.4 billion to settle creditor claims, though repayments are tied to digital asset prices as of the bankruptcy filing date in November 2022—well below current market levels. Recovery rates vary based on claim category. Customers on the former dotcom platform will receive 72 percent of their approved claims, while U.S.-based customers are expected to recover 54 percent. General unsecured creditors and digital asset loan claimants are each set to receive 61 percent. Those with convenience claims, which typically involve smaller amounts and simplified procedures, will recover 120 percent—effectively receiving full repayment with a small premium. FTX CEO John Ray III called the milestone a major step forward, noting the complexity and scale of the repayment process. He credited the progress to the efforts of the estate’s legal, financial, and forensic teams, who have spent more than a year tracing assets, coordinating with global stakeholders, and untangling the exchange’s deeply flawed accounting records. To qualify for payment, creditors must complete several onboarding steps through the FTX Customer Portal. These include identity verification under Know Your Customer (KYC) rules, submission of tax documents, and registration with either BitGo or Kraken as their distribution agent. Customers who choose a provider will not receive payments directly from FTX; instead, distributions will be handled entirely by their selected platform. FTX filed for bankruptcy in November 2022 following revelations of widespread misuse of customer funds. Its founder and former CEO, Sam Bankman-Fried, was later convicted on multiple fraud charges and is awaiting sentencing. The bankruptcy estate has since worked to recover billions in assets from seized funds, clawbacks, and liquidations in an effort to compensate the exchange’s extensive creditor base.

EURJPY currency pair can be expected to fall toward the next support level 162.00 (which reversed the previous waves iv and ii).   EURJPY reversed from resistance area Likely to fall to support level 162.00 EURJPY currency pair recently reversed down with the daily Evening Star from the resistance area between the multi-month resistance level 164.80 (which has been reversing the prices from last November, as can be seen from the daily EURJPY chart below), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from the end of July. The downward reversal from this resistance area stopped the C-wave of the previous short-term ABC correction 2 from the end of February. Given the overbought daily Stochastic, the strength of the resistance level 164.80 and the clearly bearish euro sentiment that can be seen across the FX markets today, EURJPY currency pair can be expected to fall toward the next support level 162.00 (which reversed the previous waves iv and ii). EURJPY Technical Analysis The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Abu Dhabi, UAE, May 15th, 2025, Chainwire MapleStory Universe brings player-owned economies to life as a blockchain-powered expansion of the 23-year old MMORPG IP, powered by its proprietary NXPC token Now live on Bitget, Bithumb, Binance, Bybit, Gatei.o, KuCoin, Upbit – NXPC ranks among the most successful Web3 gaming token debuts NEXPACE, the Web3 IP-expansion initiative backed by Nexon, today announced the official launch of MapleStory N, a blockchain-powered MMORPG. Together with the game, NEXPACE also debuted the NXPC token, integral to the MapleStory Universe (MSU) ecosystem, on seven leading exchanges, including Bitget, Bithumb, Binance, Bybit, Gateio, KuCoin, Upbit. This joint milestone marks a major step forward for NEXPACE’s MSU, bringing the iconic 23-year-old gaming IP to the blockchain for the first time. MapleStory N blends the nostalgic 2D visuals and classic gameplay of the original MapleStory IP with new blockchain-native features such as NFTs, on-chain item mechanics, and open marketplaces. Players can complete quests, battle monsters, all while earning, crafting and trading assets that hold real world value. The broader MSU platform also introduces Synergy Apps, allowing fans, creators, and builders to develop their own content and decentralized applications. This reflects the legacy of the original MapleStory IP franchise, where user-generated games and creations flourished. The NXPC token further marks a major evolution of MapleStory’s decades-old in-game economy by enabling true asset ownership and player-driven item markets. With MSU’s Fusion-Fission model, players can redeem NXPC for collections of NFTs (Fission) and exchange collections of NFTs back into NXPC (Fusion), creating a self-balancing system that curbs oversupply and supports long-term value. Beyond gameplay, NXPC powers a broader contributor reward system, incentivizing builders and creators to develop user-generated contributions that expand and enrich the MSU IP ecosystem. Sunyoung Hwang, CEO of NEXPACE, explained, “The launch of MapleStory N and the NXPC marks a major evolution in how games are played and valued. MSU addresses long-standing issues in traditional gaming like item inflation and developer-controlled ecosystems, by giving real ownership to players. NXPC enables users to participate in a decentralized, self-sustaining ecosystem that rewards creativity, contribution, and engagement over speculation. Together, they form the engine of a community-led digital economy, reshaping how games are enjoyed and remembered.” As the first implementation of NEXPACE’s virtual IP universe, MapleStory N and MSU sets the foundation for future blockchain-powered gaming experiences. Backed by Nexon’s portfolio of globally recognized gaming IPs, NEXPACE’s protocol is designed to support the expansion of these titles through decentralized economy and community-led creativity, evolving the gaming worlds beyond the traditional models. The excitement surrounding MSU’s first blockchain game was clearly reflected in the recent OpenSea Primary Drop Campaign, held from May 6 to 12, which saw over 1 million mints. Built on a custom Layer 1 chain using Avalanche, powered by AvaCloud, the campaign also drove Avalanche Network to record its highest number of Unique Active Wallets since the campaign’s launch day. MapleStory N is now live and available on PC. MSU is now reshaping the Web3 gaming landscape, launching its NXPC token across seven major exchanges and showcasing one of the most impactful blockchain gaming debuts in recent years. About NEXPACE NEXPACE, an innovative blockchain company based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. With a mission to redefine interactive entertainment, NEXPACE creates a vibrant space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members. At the heart of NEXPACE’s ecosystem are principles of transparency, security, and trust, empowering creators to freely share their ideas and enabling users to enjoy immersive experiences. By fostering a culture of creative expression, NEXPACE envisions a secure, collaborative environment that unites ecosystem participants in a thriving digital community. For more information, users can visit: Website | Medium | X/Twitter | Discord Contact MapleStory Universe PR Manager Bee Shin Wachsman bee.shin@wachsman.com Disclaimer: This content is provided by a sponsor. FinanceFeeds does not independently verify the legitimacy, credibility, claims, or financial viability of the information or description of services mentioned. As such, we bear no responsibility for any potential risks, inaccuracies, or misleading representations related to the content. This post does not constitute financial advice or a recommendation and should not be treated as such. We strongly advise seeking independent financial guidance from a qualified and regulated professional before engaging in any investment or financial activities. Please review our full disclaimer for more details.

Zurich, Switzerland, May 15th, 2025, Chainwire GSR, a leading crypto investment firm, has made an equity investment in Maverix Securities, a Swiss-based innovator in structured investment solutions. The investment cements a broader partnership between the two firms to collaborate on a new generation of digital asset products for institutional and professional investors. This partnership represents a major step in bridging traditional finance and the digital asset ecosystem. GSR will support Maverix in launching structured products linked to digital assets, as well as the development and listing of exchange-traded products (ETPs) tied to leading cryptocurrencies. GSR and Maverix combine complementary strengths that go far beyond operational collaboration. GSR’s expertise in digital asset liquidity and risk management, combined with Maverix’s issuance capabilities and proven track record in launching regulated investment products on the SIX Swiss Exchange, will help to deliver differentiated, compliant, and value-driven digital investment solutions. All offerings will be subject to any applicable jurisdictional regulatory approvals and investor suitability standards. “We’re excited to join forces with Maverix to deliver digital asset solutions that combine the precision of traditional financial engineering with the transformative potential of blockchain-based assets,” said Alain Kunz, Managing Director at GSR. “This partnership reflects a strong alignment between Maverix’s excellence in structured product design and our strengths in digital asset liquidity and risk management.” “We see significant investor appetite for thoughtful, risk-managed exposure to digital assets,” said David Schmid, Co-CEO of Maverix. “Partnering with GSR gives us access to world-class digital asset infrastructure and a network that will be instrumental in accelerating our product roadmap. GSR also fits perfectly into our partner strategy — we deliberately seek selective, high-quality collaborations that expand our ecosystem and support long-term innovation.” The collaboration will deliver a range of institutional-grade products, including yield-enhancing structured solutions, customized crypto index strategies, institutional advisory and treasury services, and advanced derivatives and hedging tools. Subject to any applicable regulatory approvals, these offerings are designed to meet the evolving needs of professional investors seeking compliant, risk-managed exposure to digital assets. For more information, users can visit www.mavx.com. As part of the collaboration, Alain Kunz, Managing Director at GSR, will join the Board of Directors of Maverix, further strengthening strategic alignment and accelerating product development and go-to-market execution. The first wave of jointly developed products is expected to launch in the second half of 2025, targeting both professional and institutional investors across key global markets. About GSR Founded in 2013, GSR is a global leader in digital asset trading, market making, and liquidity provision. With over a decade of experience in cryptocurrency markets, GSR operates one of the largest and most sophisticated trading operations in the industry. The firm partners with leading token projects, trading venues, and institutions, offering a full suite of services including algorithmic trading, liquidity solutions, and strategic investment. GSR is headquartered in London with offices across the United States, Europe, and Asia. About Maverix Maverix Securities is one of the leading Swiss Securities Houses in the structured products market. Since 2008, Maverix has been offering its services to professional asset managers, banks, and institutional investors using one of the most innovative technologies. This unique investment approach combines next-gen technology, deep human experience,e and relentless creativity. Contact VP Public Relations Haley Malanga GSR haley.malanga@gsr.io Disclaimer: This content is provided by a sponsor. FinanceFeeds does not independently verify the legitimacy, credibility, claims, or financial viability of the information or description of services mentioned. As such, we bear no responsibility for any potential risks, inaccuracies, or misleading representations related to the content. This post does not constitute financial advice or a recommendation and should not be treated as such. We strongly advise seeking independent financial guidance from a qualified and regulated professional before engaging in any investment or financial activities. Please review our full disclaimer for more details.

Bybit, ranked second out of all cryptocurrency exchanges by trading volume globally, has made Patricio Mesri the new Country Manager for Spanish-speaking Latin America. With this action, Bybit proves its lasting dedication to helping the blockchain industry across LATAM countries like Argentina, Mexico, Colombia, Chile, Peru, and Uruguay. In his new job, Patricio will focus on strategies for expanding the company in the region, by involving communities, growing the brand, forming local partnerships, and promoting adoption of real cryptocurrency. Championing Crypto Adoption in LATAM “We see crypto as a new frontier — a ‘CryptoArk’ carrying the next generation into the decentralized era. That’s why at Bybit we make sure you have access to the full ecosystem: you can buy, hold, trade, and spend your crypto however you want,” said Patricio Mesri, Bybit’s newly appointed Country Manager for Spanish-speaking LATAM. “This region is full of passionate, digital-native communities ready to take the leap into a decentralized future. I’m honored to help lead that transformation with Bybit.” Passionate about Web3, Patricio uses his crypto-based mindset and active approach to help build online communities. Thank to his efforts with VIP events, meetups for traders, and education workshops, it’s easy to see why he is seen as a leader for the community. Because Steven has worked in gaming, fintech, and data, he knows how to connect with the region’s young tech-savvy people. A Smart Decision for Building the Business Patricio’s leadership has won the confidence of Helen Liu, Chief Operating Officer and Partner at Bybit. “Latin America is a key region for Bybit in the global crypto landscape, where innovation meets necessity. Patricio’s deep understanding of the culture, his crypto-native mindset, and his experience in building communities make him the ideal leader to carry Bybit’s vision forward. We are excited to deepen our roots in Spanish-speaking LATAM under his leadership.” Patricio has been chosen to lead Bybit’s effort to design services specially for each region and boost its presence in new markets. Whether it’s the crypto wallet Bybit Pay or local events and courses, Bybit continues to work towards making Web3 available and safe for all.

Nexo, a regulated institution for digital assets and one of the largest companies in the crypto space, today launched Private Hub, a high-touch, in-app solution that provides tailored service and access to premier financial tools to the swelling ranks of high-net-worth crypto investors from right within the Nexo app. The new Private Hub targets moody clients with portfolios that are above $100,000 and provides frictionless access to Over-the-counter (OTC) services, custom credit lines and relationship manager support without having to leave the platform. This evolution comes at a time when Nexo, the crypto lender, grows by leaps and bounds with a huge demand for bespoke crypto strategies and specialist insights from its international high-end clientele. Personalized Wealth Services Now at a Tap Away Privately hosted in the “My profile” section of the Nexo app, Private Hub empowers users to arrange a call with a dedicated advisor, to provide a high-limit service request, and to access personalized investment solutions in the time it takes to type a sentence. Key features include: Zero-interest, liquidation-free crypto credit lines Capital-protected fixed-term savings Custom OTC trades and premium enhancement to portfolio Onetap call scheduling with private client advisers “We’re seeing unprecedented engagement from sophisticated investors and institutions — people who want custom deals, timely insights, and human expertise,” said Octavian Dinca, Head of Private Client Services at Nexo. “The Nexo Private Hub makes that experience seamless, while our expanded team ensures no client goes unheard.” Expanded Team and Global Reach To address the increasing need, Nexo has nearly doubled their Private Client team, and extended the coverage to support more than 20 local languages. With this move, the clients across the planet will get top quality service in their own language which strengthens and culturally fluent ties with Nexo advisors. This international expansion follows Nexo’s objectives in promoting inclusivity and responsiveness in markets all over, cementing its reputation as a trusted partner of high-value crypto investors around the globe. A platform designed for institutional caliber wealth With $11 billion AUM, Nexo progresses the institutional-grade offerings. The Private Hub product goes live at a time when regulated crypto lending platform, Nexo, has returned to the United States markets following the end of a 10-month hiatus, a development that promises to inject much-needed momentum into the space, with Nexo looking to bring its full bouquet of digital asset services to American investors under a compliant environment.

A2X Markets has announced that UBS South Africa will begin trading on its platform in the second quarter of 2025, becoming the first international broker to access the exchange. The move positions UBS alongside the existing network of South African brokers that already account for the majority of trading in the country. UBS to trade across all 175 securities currently listed on A2X Kevin Brady, CEO of A2X Markets, commented, “We are delighted to welcome UBS as the first international broker to trade on our market. Their sophisticated algorithm suite will connect to A2X, enabling them to leverage all available markets in South Africa while accessing our additional liquidity and functionality.” UBS is expected to trade across all 175 securities currently listed on A2X, including equities and exchange-traded funds spanning sectors such as media, mining, banking, retail, healthcare, insurance, and telecommunications. The platform has operated as a secondary listing venue since 2017 under the oversight of South Africa’s Financial Sector Conduct Authority and the Prudential Authority. Ed Popham-Holloway, Country Head of UBS South Africa, said, “In line with our commitment to providing clients with international best practices and innovative solutions, we have invested to connect and trade on A2X, thus enabling us to access broader liquidity for our clients while leveraging the innovative infrastructure available on A2X.” A2X’s network of participating brokers already includes Peresec, RMB Morgan Stanley, Standard Bank, Absa CIB, Investec Markets, Nedgroup Securities, Prescient, Atisa, Sinayo, NOAH, Kela, and Vunani. These brokers collectively account for more than 65 percent of all trades in listed securities in South Africa. UBS has maintained a presence in South Africa for 30 years, offering advisory, execution, and structured products services to institutional clients. Its local equities research team is ranked among the top in the country. Globally, UBS operates in over 50 countries and provides investment banking, trading, and wealth management services. The addition of UBS to the A2X platform signals growing interest from international participants in South Africa’s alternative trading venues, as global institutions seek new efficiencies and liquidity pools across emerging markets. A2X Markets is a South African stock exchange, founded in 2017. It was launched with the goal of creating competition in the South African marketplace. A2X is an MTF styled stock exchange that was awarded a licence to operate an exchange by the Financial Services Board, now Financial Sector Conduct Authority (FSCA), on 6 April 2017.