M&G Investments has led a $30 million seed round in digital asset trading startup Global Futures and Options (GFO-X) ahead of its forthcoming go-live.

The People’s Bank of China (PBoC) has announced a re-lending scheme designed to boost the country’s science and tech sector.

Amerian Express Ventures has joined an $18 million funding round in Sedric AI, a startup developing a dedicated compliance large language model (LLM) for financial services.

Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.

Led by financial industry titan Prime Minister Mark Carney, Canada’s 2025 budget outlines ambitions to tackle cybercrime, embrace digital payments innovation, and encourage competition within financial services.

Crypto and blockchain giant Ripple is launching its own dollar-pegged stablecoin.

A common thread has emerged from COP16: private finance mobilisation will define the scale at which progress grows in the coming years, but it cannot do it alone.

Finextra spoke to CEO of Chetwood Bank, Paul Noble, about the organisation’s new developments, and how market volatility is impacting savings and mortgage products. Noble has a background in private equity and asset management, previously working in big banks, including a role in the acquisition of Tandem Bank.

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

Funding levels in Ireland’s fintech sector have fallen again in the last 12 months due to economic and geopolitical challenges.

JPMorgan Asset Management has launched its first tokenized money market fund on the public ethereum blockchain.

The UK’s Financial Conduct Authority has set out proposals to rebuild trust in ESG ratings with the introduction of new rules governing transparency and governance.

Primary Portal, a digital platform that aggregates and digitises equity capital market processes for banks and asset managers, has completed the first stage of its £7.5 million Series A funding round led by the venture capital arm of Deutsche Börse.

Investing.com, a provider of financial news, tools and data to retail investors, has launched an AI-driven researcher called WarrenAI.

The Commodity Futures Trading Commission (CFTC) is urging policymakers to address identity issues in Decentralized Finance (DeFi) operations.