Bitcoin miners just got a billion-dollar vote of confidence from Wall Street, and it's not about bitcoin. JPMorgan and Morgan Stanley expanded Core Scientific's credit line to $1 billion, doubling down on the miner's pivot to AI infrastructure
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Fidelity just told the SEC it's time to stop stalling on tokenized securities trading. Fidelity submitted a letter to the SEC's crypto task force pushing for broker-dealers to trade tokenized securities on alternative trading systems (ATS)
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SpaceX is rewriting the IPO playbook by splitting banking roles like a product release, not a financial event.
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JPMorgan just pulled the plug on a $5.3 billion debt deal for Qualtrics because investors are spooked that AI is eating survey software for breakfast. JPMorgan suspended Qualtrics' $5.3 billion debt financing amid investor concerns about software valuations and AI displacement
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Five mid-tier U.S. banks just decided they'd rather compete with Tether than lose deposits to it. The Signal Huntington, First Horizon, M&T, KeyCorp, and Old National are building the Cari Network on ZKsync, a Layer 2 Ethereum protocol. The play is tokenized bank deposits that move like stablecoins but carry FDIC insurance and regulatory clarity that USDT and USDC can't match. They&
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Regional banks just got their first real shot at the stablecoin game, and they're taking it on a privacy-focused Layer 2. The Signal Cari Network chose ZKsync's Prividium stack to build a tokenized deposit platform for US regional banks. This isn't another stablecoin. It's banks tokenizing actual customer deposits and moving them onchain while staying inside the regulatory perimeter. The distinction
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