Securities
Metaplanet acquires Siiibo Securities for $13.1 million
Riportato dall'IA Immagine generata dall'IA
Metaplanet completed the purchase of Tokyo-based Siiibo Securities in a deal worth about 2.1 billion yen. The acquisition supports the company's Project Nova initiative to develop Bitcoin-linked financial products.
South Korea's 61 securities firms posted a combined net profit of 4.33 trillion won in the first quarter, up 77 percent from a year earlier, driven by higher commission income from increased stock trading.
Riportato dall'IA
U.S. clearing giant DTCC has chosen the Stellar blockchain as the first public network for its upcoming tokenized securities platform. The move builds on a nearly decade-long collaboration and is set to begin in the first half of 2027.
Coinbase, a major cryptocurrency firm, has initiated a lobbying effort in Maryland to challenge a state order restricting its staking rewards program. The campaign targets legislation to overturn the attorney general's cease-and-desist directive from 2023. Officials say the company has engaged with numerous lawmakers to secure support.