Connect with us

Crypto World

Interstice Digital launches Canton cross-chain swap engine with FalconX

Published

on

Interstice Digital launches Canton cross-chain swap engine with FalconX

Interstice Digital has launched a non-custodial cross-chain swap engine with FalconX that connects the Canton Network with Ethereum, Solana, and Robinhood Chain while using FalconX to supply liquidity.

Summary

  • Interstice Digital has launched a non-custodial swap engine connecting Canton with Ethereum, Solana and Robinhood Chain.
  • FalconX is providing liquidity for cross-chain swaps without Interstice taking custody of user assets.
  • The engine gives users a route between tokenized assets on Canton and liquidity across major public blockchains.
  • Canton is already being used for tokenized Treasuries, stablecoin settlement and institutional collateral transactions.

Interstice Digital said in an Aug. 18 announcement that the engine lets users swap assets across the four networks without the company taking custody of funds or executing transactions on their behalf. The company also said the product has been named a Featured App on Canton.

The system is designed to give users a route between tokenized assets issued or traded through Canton and liquidity available on public blockchain networks. FalconX, which provides digital asset prime brokerage services to institutional investors, is supplying liquidity for the engine.

Advertisement

Interstice Digital links Canton with three public-chain markets

Under the new setup, Interstice is connecting Canton’s institution-focused infrastructure with Ethereum, Solana and Robinhood Chain, three networks that provide access to different parts of the digital asset market.

Interstice described Canton as a public, permissionless blockchain built for capital markets, with privacy and permissioning controls intended for regulated transactions. The network is used by financial institutions working with tokenized securities, collateral, and blockchain-based settlement.

For the public-chain side of the connection, Interstice cited the scale of the networks involved. The company said Robinhood has 28 million funded accounts and $369 billion in total platform assets, while Robinhood Chain reached 100 million transactions faster than any other EVM network.

Advertisement

Solana recorded 167 million monthly active addresses in April 2026 and handled $650 billion of stablecoin transaction volume in February, according to figures cited by Interstice. The company described Ethereum as the industry’s deepest developer ecosystem and noted that Robinhood Chain uses Ethereum technology as its base.

“We built the cross-chain swap engine to help connect Solana, Ethereum, and Robinhood Chain to the growing Canton ecosystem where over $9T in tokenized RWA flow monthly,” Interstice Digital CEO Janine Yorio said.

Interstice did not disclose which assets are supported at launch or provide transaction-volume figures for the engine. The company is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard.

FalconX supplies liquidity without Interstice holding user assets

FalconX’s role centers on liquidity for swaps routed through the engine. Interstice said its non-custodial structure means it does not hold customer assets or act as the party executing transactions for users.

FalconX Head of Trading Strategy Hassan Bassiri said institutional demand for digital assets is increasing and argued that firms will need infrastructure capable of moving capital between different ecosystems.

Advertisement

“The cross-chain swap engine we’ve developed with Interstice Digital is exactly the kind of infrastructure this market needs,” Bassiri said, after describing cross-ecosystem capital movement as an important requirement for institutional firms.

Canton is also being used for live and trial transactions involving government securities, stablecoins and institutional collateral.

Earlier in August, four Mitsubishi UFJ Financial Group companies launched a proof of concept to test Japanese government bond repo transactions on Canton, as crypto.news reported on Aug. 13. MUFG, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking and MUFG Bank are working with Digital Asset and Progmat on the project.

The participants plan to test automated processing and real-time settlement available around the clock. The trial forms part of Japan’s Financial Services Agency-backed Payment Innovation Project and includes work on whether blockchain infrastructure can improve funding and capital use in repo markets.

An earlier Japanese trial involving Japan Securities Clearing Corporation, Mizuho Financial Group, Nomura Holdings and Digital Asset tested whether rights linked to Japanese government bonds and updates to book-entry records could be handled through Canton while remaining within Japan’s existing legal framework.

Advertisement

Canton has expanded tokenized settlement activity

Canton has also been used in transactions involving tokenized U.S. government securities. In July, Tradeweb said it executed an onchain U.S. Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.

Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time, according to the companies involved. Tradeweb described the transaction as the first real-time purchase and sale of a tokenized U.S. Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton.

Societe Generale, Digital Asset and Blockdaemon also participated in the transaction. Societe Generale has separately deployed euro- and dollar-denominated stablecoins on Canton for uses including tokenized collateral, repo financing and institutional settlement.

Payment companies are testing the network as well. Visa tested private stablecoin settlement using Brale’s SBC token on Canton in June and has since included Canton among the blockchains supported by its stablecoin settlement program. A July report on Visa’s program said the settlement pilot supported nine blockchains and had reached a $7 billion annualized run rate by March.

Advertisement

Visa joined Canton as a Super Validator in March before adding the network to its stablecoin settlement work. The company received approval for its validator application that month and later added Canton to its stablecoin settlement pilot.

Digital Asset has raised capital for Canton expansion

Institutional funding has accompanied the increase in activity around the network. Digital Asset, the company behind Canton, raised $355 million in June in a round led by Andreessen Horowitz’s a16z crypto fund.

A16z crypto contributed $100 million to the round, while other participants included Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, HSBC, Optiver and the Abu Dhabi Investment Authority. Digital Asset said the capital would support partnerships, acquisitions and expansion of the Canton ecosystem.

The funding followed a $135 million strategic round involving Goldman Sachs, Citadel Securities, DTCC, BNP Paribas and Tradeweb Markets. Digital Asset has positioned Canton for financial applications that require transaction privacy while allowing different institutions and applications to coordinate settlement.

Advertisement

Canton’s use in government-bond markets has continued in Asia. The MUFG repo proof of concept is examining Japanese government bonds in short-term financing transactions, while a separate Progmat working group has been studying tokenized JGBs, stablecoin settlement, T+0 processing and 24-hour access.

S&P Dow Jones Indices and Kaiko have also placed the iBoxx U.S. Treasuries index on Canton through smart-contract infrastructure, according to the Aug. 13 MUFG report. The index project sits alongside other Canton-based work involving tokenized Treasury products and institutional collateral.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

‘I Have the Skills, I Have the Training.’ How Refugee Doctors Are Helping the U.S. Fight COVID-19 Even Without a Medical License

Published

on

Ahmed Al-Sarray at the Dodger Stadium COVID testing site in Los Angeles on May 30, 2020.

The refugees’ language skills and diverse cultural background are also an asset for a testing program directed at underserved communities and communities of color. At one newly opened testing site in Atlanta, CORE was able to provide not just medical expertise, but interpretation in 13 different languages, including Amharic, Arabic, Burmese, Kiswahili, Somali and Tigrinya. “To work with these new Americans who have been resettled with the IRC is gratifying,” says CORE Co-Founder and CEO Ann Lee. “CORE appreciates these dedicated volunteers, who enable us to scale and provide free COVID-19 testing to vulnerable communities throughout the United States.”

Both the IRC and WES hope that the database and the partnership with CORE will lead to greater opportunities for immigrant health professionals down the line, as well as a more streamlined process for getting them into the U.S. medical system. “To the extent that we can turn the situation into something that can meaningfully impact those 165,000 people’s lives while improving access to health care, that would be a positive outcome,” says the WES’ Esposito. “We know that there are urgent needs for licensed health care staff and there are also needs to fill other public health roles,” she says, noting a growing need for contact tracers within the U.S. “These are roles where immigrants and refugees can really contribute. There are roles where you don’t need to change policy to make sure that people are going where they are needed.”

Although Al-Sarray is confident that eventually he will make it as a doctor in the U.S., he is thrilled to be playing a role in the pandemic response now, no matter how small. Before starting his training program as a safety officer for CORE, Al-Sarray boosted his infectious disease knowledge and personal protection equipment skills by watching instructional videos from the Centers for Disease Control and Prevention and the World Health Organization. Within a few hours of starting work at Dodger Stadium in late May, he was already adjusting the test-handling protocols to help minimize the risk of contagion. By the end of his first day, he was giddy with a sense of accomplishment.

“Now that I am in the front lines, I am even more excited because I am seeing first-hand the amount of people that we are helping,” he says. “Being a part of such a large testing site really makes you feel like you’re contributing to the response. I feel like I am making a difference.”

Advertisement

—With reporting from Carlo Barrera/Los Angeles

Source link

Continue Reading

Crypto World

Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop

Published

on

Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop

Arthur Hayes takes CEO role at Flop Labs ahead of Q4 airdrop

Hayes revealed his new role as Flop Labs CEO and teased a “massive airdrop” from the AI inference protocol in the fourth quarter of 2026.

Source link

Continue Reading

Crypto World

Coronavirus Could Upend Cancer Trends in the U.S.

Published

on

Coronavirus Could Upend Cancer Trends in the U.S.

Protecting patients from getting exposed to the virus also guides some of her decisions around how to provide chemotherapy. “If I have a choice between a [chemotherapy] drug that is given every week and a similar one that is given every three weeks, I now routinely use the one that’s given every three weeks,” she says. “Even if there are a few more side effects, if it reduces the number of times a patient has to come in, then this is a conversation I’m having with them.”

Similar adjustments are possible for radiation treatment in some cases. Normally, radiation therapy is broken up into smaller, daily fractions in order to preserve the healthy tissue around cancers from the toxic effects of single blast. For breast cancer patients, recent, albeit early studies that followed patients for five years, suggested that significantly shorter courses of treatment—given over five days compared to 30, for example—could be equally as effective in controlling the cancer. “Typically we wouldn’t embrace [such early results] in daily practice as quickly as we did except for the pandemic,” says Dr. Reshma Jagsi, deputy chair of radiation oncology at the University of Michigan. “But some patients were willing to take the risk of not having long term evidence on the safety and trust the five year data which was certainly compelling and intriguing.”

For the most part, cancer patients have understood the importance of continuing their treatment and of balancing their risk of cancer against their risk of getting COVID-19. In fact, says Busby, “it’s not so much our patients we worry about but the patients who are not ours yet.” Most hospitals canceled routine cancer screening appointments for things like mammograms and colonoscopies, which are essential for detecting cancer early. And many people who might have potential cancer symptoms and aren’t diagnosed yet, aren’t going to the doctor because of COVID-19 fears. If that’s the case—and only data on cancer rates in the coming months and years will provide the answer—it’s possible that both the number of new cancer cases and their severity will increase as a result of the pandemic.

“My concern is for the patients who have not yet been diagnosed with cancer; for those patients who delayed their screening; for patients who put off being examined for certain symptoms,” says Jagsi. “Those patients will be diagnosed at later stages and I do have great concern there that will change cancer-related treatment outcomes.” In recent years, advances in screening have helped doctors more regularly diagnose patients at earlier stages where their disease is still treatable and curable, Jagsi notes. “I fear that some COVID-19-related delays may compromise some of the advances we have seen.”

Advertisement

How deeply COVID-19 will cut into those gains won’t be clear until more data on new cancer cases becomes available in coming months. But most experts agree that “it’s hard to imagine that the pandemic would contribute to a better situation; it’s going to have to be worse,” says Carey.

In the meantime, patients are learning to accept the adjustments they need to make to ensure their treatments continue with as little disruption and in the safest way possible. Satterfield has had two COVID-19 tests because the chemotherapy she receives gives her a runny nose, cough and diarrhea—all symptoms of COVID-19 that are flagged when she is screened before entering the cancer center for her treatments. But she’s okay with that, and understands why it’s needed. For her, “the most challenging part is emotional. With any terminal illness, it’s there—I think, is this the way the world is going to be when I die? Is this how I see the end of my life? But I’m feeling better than I have in recent memory. As much as my health status doesn’t sound great, I feel great. And I’m thankful for that.”

Source link

Advertisement
Continue Reading

Crypto World

Clementine Jacoby | The Future of Innovation

Published

on

Clementine Jacoby | The Future of Innovation

Source link

Continue Reading

Crypto World

XRP Price Prediction: Lowest Since 2024, $1 at Risk

Published

on

👀

XRP price is sitting right on top of the prediction level everyone’s been watching for weeks. The token trades at $1, with little to no movement today after briefly dipping into the high-$0.98 range earlier this week, or its lowest print since November. The more interesting question is what happens if this dollar floor cracks again, and there’s a rotation angle here that most traders haven’t priced in yet.

The move below $1 rattled sentiment, with Yahoo Finance flagging on August 17 that XRP was sitting “right on $1” with buyers unwilling to commit.

CoinGecko’s 24-hour volume reading of $756.5 million suggests conviction is thin on both sides right now, not absent. CoinGecko data shows the token has actually managed a small green candle over the last day, even as its 7-day change sits at -2%.

Advertisement

Zoom out, and the macro backdrop isn’t helping risk assets generally; chip stocks sold off, inflation fears resurfaced, and Treasury yields pushed the Nasdaq down over 1% at the open. That kind of tape tends to compress crypto ranges rather than break them cleanly in either direction.

Discover: The Best Token Presales

XRP Price Prediction: Hold $1.00 and Push Toward $1.20?

XRP has been boxed between $1.00 and $1.18 since late June, and today’s price action does little to resolve that range. The intraday band on live trackers shows a low of $0.9888 and a high near $1.007, a tight squeeze that typically precedes a directional break, not another quiet week.

Advertisement

Bull case: a reclaim and hold above $1.007 opens the door to the $1.06–$1.08 zone flagged around the last CPI print, with $1.18–$1.20 as the level that would meaningfully improve the technical structure.

Xrp (XRP)
24h7d30d1yAll time

Base case: continued chop between $0.99 and $1.03 while the market waits for a fresh catalyst.

Bear case: a clean break of $0.9888 exposes $0.97, and potentially the $0.90–$0.95 pocket if selling accelerates. Recent technical coverage and institutional exposure reports both suggest the range holds until a macro trigger forces the issue. Worth watching before adding size either way.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Advertisement

Bitcoin Hyper Targets Early Mover Upside as XRP Grinds Sideways

Holding a large-cap through a multi-week range like this tests patience. The chart hasn’t given XRP holders much to celebrate since June, and a -2% weekly print on top of a failed dollar defense isn’t nothing.

For traders tired of watching a nine-figure market cap asset move a few cents in either direction, the calculus shifts toward projects still early enough to move on their own terms.

Bitcoin Hyper ($HYPER) is pitching itself as the first Bitcoin Layer 2 with full SVM integration. It boasts a smart contract with speed rivaling Solana, built on Bitcoin’s settlement layer.

Advertisement

The presale has raised $33 million at a current token price as low as $0.0136849, with a huge 35% staking reward available at the presale phase.

Standout features include a decentralized canonical bridge for BTC transfers and low-latency execution aimed at solving Bitcoin’s long-standing programmability gap.

Research Bitcoin Hyper before deciding if it fits a rotation strategy.

Discover: The Best Crypto to Diversify Your Portfolio

Advertisement

The post XRP Price Prediction: Lowest Since 2024, $1 at Risk appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

Crypto Genesys Goes Live on 1win in Limited Platform Release

Published

on

[PRESS RELEASE – Willemstad, Curaçao, August 19th, 2026]

1win, a crypto entertainment platform, has added Crypto Genesys, Pragmatic Play’s new crypto-themed slot, giving its players access to a title currently available across only a limited selection of gaming platforms.

As one of the few selected gaming platforms that offer Crypto Genesys, 1win is expanding its entertainment offerings beyond cryptocurrency transactions to include gaming experiences designed specifically for crypto-oriented audiences.

Set in the world of crypto, AI, and digital culture, Crypto Genesys takes players into a neon-lit cyberpunk metropolis where digital currencies meet futuristic gameplay. A cyborg character overlooks the reels, while crypto-inspired tokens, including a prominent Bitcoin symbol, drive the game’s visual identity.

Advertisement

Instead of traditional paylines, Crypto Genesys uses a scatter-pays system across a 6-reel, 5-row grid, allowing winning symbols to land anywhere on the reels. Tumbles clear winning symbols to make room for new ones, creating opportunities for consecutive wins within a single sequence.

The game also features multiplier symbols and Free Spins with accumulating multipliers. Players looking for more control over the gameplay can use the Ante Bet feature to increase their chances of triggering Free Spins or access the bonus round directly through the Buy Free Spins option.

With high volatility and a maximum win of up to 15,000x the stake, Crypto Genesys is designed for players looking for high-risk, high-reward gameplay wrapped in a distinctly crypto-inspired experience.

Crypto Genesys is now available to play on 1win.

Advertisement

About 1win

Founded in 2016, 1win is a crypto entertainment platform in the global gaming industry. Operating across Asia, Latin America, and Africa, 1win offers a wide range of entertainment products adapted to regional audiences. The brand has active collaborations with international public figures, including football legend Luis Suarez, martial artist Jon Jones, and Olympic champion and UFC fighter Gable Steveson. In 2026, 1win welcomed rapper Tyga, UFC legend Ilia Topuria, and reggaeton star Nicky Jam as members of the 1win VIP community.

The post Crypto Genesys Goes Live on 1win in Limited Platform Release appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

Bitcoin Time Machine Hands Buyers a 50% Discount, Cameron Winklevoss Says

Published

on

Bitcoin Price Performance

Gemini co-founder Cameron Winklevoss says the artificial intelligence (AI) trade has handed investors a Bitcoin (BTC) time machine, with the asset now trading near half of last year’s price.

He posted the argument on X, urging investors to treat the drop as an entry point rather than a warning sign.

Why Winklevoss Calls This a Bitcoin Time Machine

Winklevoss argues that capital chasing AI stocks has suppressed crypto prices. As a result, buyers can now reach levels that looked out of reach twelve months ago.

Cameron Winklevoss. Source: X

He ties the weakness to competition for capital. AI equities absorbed flows that once moved into risk assets such as BTC.

The comparison rests on a simple counterfactual. A year ago, BTC traded above $120,000, and a few holders expected a slide back toward $60,000.

Bitcoin peaked at $126,080 on October 6, 2025, according to BeInCrypto price data. BTC now changes hands at $64,231, roughly 49% below that record. Meanwhile, the market value of the asset sits near $1.29 trillion.

Bitcoin Price Performance
Bitcoin Price Performance. Source: BeInCrypto

The chart shows where the damage landed. BTC broke down sharply in February 2026 and has traded below $80,000 ever since.

The pitch also echoes his earlier calls. In July, Winklevoss backed Bitcoin and Zcash as the AI rout dragged South Korea’s Kospi index down almost 11%.

Advertisement

His own trading record complicates the message. In March, the twins moved $130 million in BTC to Gemini wallets, which analysts read as preparation to sell.

Gemini has felt the downturn directly. The exchange cut roughly 30% of its workforce earlier this year and posted a $585 million loss for 2025.

Analysts Still See Room Below $64,000

Not everyone treats the discount as a floor. One BeInCrypto study of cycle timing placed the bear market bottom near $47,000.

Institutional demand also looks thin. Last week, spot Bitcoin exchange-traded funds (ETFs) recorded $390 million in outflows as oil prices climbed.

Advertisement

The AI question cuts both ways. Money rotating out of AI stocks could lift crypto. However, a broad risk selloff would probably drag BTC lower first.

Still, Bitcoin has shown some independence this week. On Monday, the S&P 500 slipped while BTC pushed above $64,000 ahead of the Federal Reserve minutes.

Winklevoss closed his post by asking when Bitcoin goes back to the future. Traders watching the current Bitcoin price may read part of that answer in this week’s Fed minutes.

The post Bitcoin Time Machine Hands Buyers a 50% Discount, Cameron Winklevoss Says appeared first on BeInCrypto.

Advertisement

Source link

Continue Reading

Crypto World

TIME100 Talks | The Future of Innovation (Full Event)

Published

on

TIME100 Talks | The Future of Innovation (Full Event)

Source link

Continue Reading

Crypto World

Interlace enters Brazil as stablecoin payment activity grows in Latin America

Published

on

Crypto exchanges face tough Brazil test as audit mandate arrives

Interlace has opened an office in Brazil and assembled a local team as the stablecoin infrastructure company expands its payment and digital asset operations across Latin America.

Summary

  • Interlace has opened an office in Brazil and assembled a local team led by country manager Guilherme Santos.
  • The company plans to support financial institutions, cross-border trade platforms and digital asset businesses through its payment infrastructure.
  • Interlace recently attended Blockchain.RIO, where Santos discussed stablecoin payments, digital assets and financial infrastructure.
  • The company will next attend the Argentina Crecimiento LATAM Digital Assets Conference from Aug. 20 to Aug. 21.

Interlace said the Brazil operation will connect local financial institutions, cross-border trade platforms, digital asset companies and Web3 projects with its global payment and digital asset infrastructure.

Interlace Brazil office brings a local team into the market

The expansion gives Interlace a physical presence in one of Latin America’s largest digital asset markets, with the company appointing Guilherme Santos as its country manager for Brazil.

Advertisement

Confirming the move on X, Interlace described its strategy as “Going global. Building local,” adding that the new office was part of its effort to make stablecoin-powered payments and digital financial infrastructure more accessible internationally.

“Our new office marks another step toward making stablecoin-powered payments and digital financial infrastructure more accessible worldwide,” the company said.

Interlace has also started building relationships with Brazil’s payment and digital asset sectors through local industry events. The company recently attended Blockchain.RIO in Rio de Janeiro, where its team met participants from the country’s financial, payments and crypto industries.

During the event, Santos joined a panel covering digital assets, stablecoin payments and financial infrastructure, placing the company’s local rollout alongside discussions about how blockchain-based settlement can connect with existing financial services.

Advertisement

Brazil already has significant stablecoin activity alongside an established instant-payment system. In June, crypto.news reported on Oobit, which integrated Tether’s USDT with Brazil’s Pix network, allowing users to deposit Brazilian reais, hold USDT, and make payments through Pix keys or QR codes.

According to that report, Pix had nearly 170 million users, while the system processed BRL 11 trillion in transactions during 2024. Oobit said blockchain settlement could run behind the payment process while users continued interacting with the same Pix-based payment methods already available through Brazilian banking apps.

Interlace has not disclosed specific banking or payment partners tied to its new Brazilian office. Its announcement instead identified local financial institutions, cross-border commerce platforms, digital asset businesses and Web3 projects as the groups it plans to support through its infrastructure.

Brazil stablecoin payments face tighter financial rules

Interlace is entering Brazil as regulators increase supervision of digital asset transactions, particularly those involving stablecoins and cross-border payments.

Advertisement

A July report on IMF scrutiny found that the International Monetary Fund had called for stronger oversight of Brazil’s stablecoin market after cross-border crypto flows expanded faster than traditional capital movements. The IMF said Brazil’s crypto sector had become more closely connected with the financial system, while additional rules were needed around customer asset protection, stablecoin issuance and anti-money laundering controls.

Banco Central do Brasil Governor Gabriel Galípolo had also said stablecoins accounted for about 90% of the country’s reported crypto flows, according to the same report. Regulators have cited taxation, money laundering and reserve-related risks when discussing the large share of dollar-backed tokens in local digital asset transactions.

Brazil’s central bank has already placed restrictions on how virtual assets can be used within supervised international payment channels. Resolution BCB No. 561 requires payments and receipts between regulated electronic foreign exchange providers and foreign counterparties to use foreign exchange transactions or movements through non-resident Brazilian real accounts. Virtual assets cannot be used to settle transactions inside those regulated eFX channels.

The restriction does not prohibit crypto trading or stablecoin transfers in Brazil. According to the IMF coverage, it separates regulated cross-border settlement infrastructure from private digital asset activity conducted through wallets, exchanges and other crypto services.

Advertisement

For infrastructure providers entering Brazil, local financial connections therefore sit alongside a developing compliance regime governing how digital assets interact with existing payment and foreign exchange systems.

Commercial interest in stablecoin payment rails has continued across Latin America at the same time. In June, Paradigm led a $9 million Series A investment in El Dorado, a regional payments company operating across 12 Latin American countries, including Brazil, Argentina and Colombia. Coinbase Ventures and Verda Ventures also participated in the round.

El Dorado said it had processed more than 5 million transactions and served more than 100,000 active users. The company also moved into business payments, combining fiat and stablecoin payment rails for corporate customers involved in cross-border commerce.

Paradigm partner Ricardo de Arruda said Latin America handles more than $100 billion in cross-border payments annually, while El Dorado CEO Guillermo Goncalvez estimated total flows could approach $1 trillion when additional business transactions are included. Goncalvez said roughly 60% of the activity involved business-to-business payments linked to imports and exports between Latin America and the United States.

Advertisement

Interlace plans its next Latin America stop in Argentina

Interlace is now taking its regional expansion to Argentina, where the company is scheduled to participate in the Argentina Crecimiento LATAM Digital Assets Conference from Aug. 20 to Aug. 21.

At the conference, the company said it will give a presentation covering practices from its global card-issuance projects and its plans for Latin America. The appearance follows its participation at Blockchain.RIO and comes one day after the Brazil office announcement.

Argentina has also seen financial groups experiment with stablecoins for business payments and treasury use. A July report on peso stablecoins detailed separate projects from BIND Group and Petersen Group that were being developed through digital asset subsidiaries while Argentine banks remained restricted from offering crypto services directly.

BIND Group, which manages more than $2 billion in assets and owns BIND Banco Industrial, has been developing a peso-backed stablecoin through virtual asset service provider BEN. BEN had also partnered with Circle to provide institutional clients with access to USDC for treasury management and payment applications under Argentina’s regulatory framework.

Advertisement

Petersen Group, meanwhile, has been working on the DIPE stablecoin with technical support from crypto infrastructure provider Lirium. According to the July report, both projects have focused on corporate functions including programmable payments, collateral management and treasury settlement instead of consumer payment products.

Interlace said its Aug. 20–21 appearance in Argentina will cover its global card issuance experience and the company’s plans for building its Latin American operations.

Advertisement

Source link

Continue Reading

Crypto World

Metaplanet to Boost Bitcoin Treasury in US via Nasdaq Deal (2,100 BTC)

Published

on

Crypto Breaking News

Metaplanet, the Tokyo-listed firm that has made Bitcoin its primary treasury asset, says it is preparing to expand its Bitcoin strategy into the United States through a controlling stake in Nasdaq-listed Super League Enterprise. The proposed move would create a U.S.-focused Bitcoin treasury platform while allowing Metaplanet to continue raising capital in Japan.

According to Metaplanet CEO Simon Gerovich, the company plans to contribute 2,100 Bitcoin (BTC) and $2.5 million in cash to Super League. The receiving entity is expected to be renamed “Superplanet,” positioning it as the group’s U.S. Bitcoin treasury vehicle.

Key takeaways

  • Metaplanet plans to inject 2,100 BTC (about just under 5% of its 43,000 BTC holdings) plus $2.5 million cash into Super League.
  • The deal would create a separate U.S.-oriented treasury platform while Metaplanet continues capital formation efforts in Japan.
  • Because the BTC comes from Metaplanet’s existing holdings, the transaction is described as not involving a new BTC purchase.
  • Closing is expected in Q4 2026, subject to shareholder approval and other customary conditions.
  • Super League’s stock reaction has been dramatic, with trading volume reported to jump nearly 95x after the announcement.

Metaplanet’s U.S. expansion via Superplanet

Gerovich said the arrangement is designed to provide two channels for funding the group’s broader Bitcoin treasury approach. Under the plan, Superplanet would target U.S. markets, while Metaplanet would keep pursuing fundraising in Japan.

The company also suggested that the U.S. structure could widen the strategic options available to the group. Metaplanet said Superplanet may pursue acquisitions in the U.S. Bitcoin treasury sector that could be harder for the Japanese parent company to execute.

Metaplanet’s stated transfer of 2,100 BTC amounts to just under 5% of its reported 43,000 BTC holdings. At the time of the announcement, the value was described as roughly $135 million based on prevailing Bitcoin pricing. Importantly, the BTC would be sourced from Metaplanet’s treasury rather than obtained through a fresh market purchase.

Advertisement

Timing, governance, and how capital could flow

Metaplanet said the transaction is expected to close in the fourth quarter of 2026, assuming customary closing conditions are met. Those conditions include approval from Super League shareholders.

While details of the exact financing mechanics were not fully specified in the company’s remarks, the core premise is straightforward: capital raised by either entity could be directed toward expanding the group’s Bitcoin treasury strategy. This matters for investors because it frames the acquisition not only as a corporate restructuring, but as a capital-allocation expansion—essentially building a second fundraising venue alongside Metaplanet’s existing Japanese operations.

For traders and shareholders, the key unknowns to watch will be how the U.S. vehicle ultimately raises funds, how it is governed relative to the Japanese parent, and what acquisition criteria it uses if Metaplanet’s stated goal of U.S. consolidation comes to fruition.

Super League’s market reaction highlights investor appetite

Super League Enterprise currently operates an immersive gaming, content, and advertising business. Following the announcement, its shares surged more than 50%, and trading activity spiked sharply.

Advertisement

Yahoo Finance data cited in the announcement indicates trading volume reached about 37.3 million shares versus roughly 393,000 shares previously—an increase of nearly 95-fold. Such a move often signals that investors are recalibrating expectations for the company’s future direction and capital strategy, particularly when a publicly traded business is linked to large-scale Bitcoin treasury plans.

Metaplanet’s move also underscores a broader theme in the corporate Bitcoin space: listed companies are increasingly competing not just on treasury size, but on access to capital. By shifting part of that effort into a U.S.-listed wrapper, the strategy may reduce geographic constraints and broaden investor participation.

Corporate Bitcoin treasuries face growing capital-management pressure

Metaplanet has positioned itself among the largest corporate Bitcoin holders. The company is described as the third-largest corporate Bitcoin holder, trailing Twenty One Capital by roughly 500 BTC. Twenty One Capital is a publicly traded Bitcoin treasury company backed by Tether, Bitfinex, and SoftBank, formed to accumulate Bitcoin and increase holdings on a per-share basis.

Metaplanet’s most recent accumulation was last reported as occurring in early July, according to BitcoinTreasuries.NET.

Advertisement

Strategy is another prominent reference point in this market. Michael Saylor’s Strategy is still widely reported as the largest corporate Bitcoin holder, with more than 840,000 BTC. However, the article notes that Strategy has sold Bitcoin in recent months to fund dividends, share repurchases, and its U.S. dollar reserve. That detail highlights a central tension for corporate Bitcoin treasuries: maintaining Bitcoin exposure while also meeting the cash needs that come with being a public company.

Against that backdrop, Metaplanet’s planned U.S. expansion can be viewed as an attempt to strengthen the group’s capital toolkit. If Superplanet can raise funds efficiently in the United States, it may provide additional flexibility—whether for Bitcoin accumulation, strategic acquisitions, or supporting corporate liquidity demands—without relying solely on the Japanese market.

Investors should watch for two developments as this moves toward Q4 2026: the shareholder approval process at Super League, and how Superplanet’s planned fundraising and acquisition strategy will be structured in practice—especially given the ongoing trade-offs corporate Bitcoin holders face between Bitcoin accumulation and broader capital-management obligations.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Advertisement

Source link

Continue Reading

Trending

Copyright © 2025