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TRM Labs raises $70 million

Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs.

CFIT appoints Anna Wallace as CEO

Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT), has appointed the FCA’s former head of innovation Anna Wallace as CEO.

Monite doubles seed round to $10m

API-first embedded finance workflows startup Monite has raised another $5 million, doubling its seed funding round to $10 million.

Most traditional asset managers favouring centralised stablecoins

Growing from a market capitalisation of $130 billion to $280 billion since the end of 2023, Stablecoins continue to grow in relevance. Recent regulatory framework introductions have begun to go further and introduce their adoption within broader applications across traditional finance.