Infrastructure

Russia’s largest bank plans crypto trading infrastructure by year-end

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Russia’s largest bank plans crypto trading infrastructure by year-end

Sberbank, Russia’s largest bank, plans to build a cryptocurrency trading infrastructure, including a digital depository, no later than December 1, as the country integrates cryptocurrency trading, custody and settlement into its regulated financial system. This digital repository, Interfax reportedwill record ownership of the cryptocurrency and process most transactions outside of the main blockchain. Sberbank will … Read more

Alpaca Raises $135M to Fund Agent-Focused Tokenized Infrastructure

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Alpaca Raises 5M to Fund Agent-Focused Tokenized Infrastructure

The BNP-backed brokerage infrastructure provider is expanding into tokenized markets and AI-native financial services as DeFi and TradFi companies continue their on-chain operations. Brokerage infrastructure provider Alpaca said Thursday it raised $135 million in a funding round led by Peak XV, as well as up to $300 million in debt financing from Kraken parent Payward … Read more