Fintech
BitMine Immersion announces ETH holdings exceeding 3.31 million tokens
BitMine Immersion Technologies has revealed its cryptocurrency and cash holdings totaling $14.2 billion, including over 3.31 million ETH tokens. This positions the company as owning 2.8% of the total ETH supply. The announcement highlights BitMine's leadership among crypto treasury peers.
Revolut secures MiCA licence for EU crypto expansion
Revolut has obtained a MiCA licence from Cyprus' financial watchdog, enabling the fintech firm to offer crypto services across the European Economic Area. The approval supports the company's ambitious plans in the sector amid growing competition. This milestone comes as Revolut prepares to launch an enhanced crypto offering.
Klarna Completes Initial Public Offering
Fintech company Klarna has successfully completed its initial public offering, marking a significant milestone in its growth trajectory. The IPO allows Klarna to access public markets for further expansion.
Coval and Klym partner to finance 1.5 million SMEs
Coval Servicios Financieros has announced its entry into the Colombian market through a strategic alliance with fintech Klym, aiming to provide financing access to over 1.5 million micro, small, and medium enterprises (SMEs). The company projects double-digit growth in annual financed volume by the end of 2025 compared to 2024. This initiative seeks to bolster the liquidity of SMEs, which make up 99.5% of the country's productive fabric.