FinanceFeeds

Tether.io backs Bit2Me in €30M Round to Drive Regulated Crypto Expansion #Tether Ventures, the investment arm behind the world’s largest stablecoin USDT, has taken a minority stake in Spanish #crypto exchange Bit2Me as part of a €30 million funding round. Founded in 2014 by Leif Ferreira Ħ Bit2Me has grown into Spain’s leading digital asset platform, offering trading, custody, and educational services, and is now aiming to strengthen its foothold in Europe and Latin America. This milestone comes shortly after Bit2Me became the first Spanish-speaking fintech to receive authorization as a Crypto-Asset Service Provider under the EU’s new MiCA framework, enabling it to operate seamlessly across all EU member states. The regulatory-first approach was key in securing Tether’s investment, with the exchange citing the stablecoin issuer’s recent transparency and compliance initiatives as decisive factors. The fresh capital will fuel Bit2Me’s expansion into high-growth Latin American markets, with Argentina a top target amid soaring inflation and demand for stablecoins. For Tether, this move is part of a broader push to support regulated platforms that can bridge traditional finance and the digital economy. The article on FinanceFeeds in the first comment.

📡 Horizon Trading Solutions links up with Bursa Malaysia’s SFTS, enabling direct market maker access to SSF trading. This boosts liquidity in Malaysia’s equity derivatives just months after SSFs relaunched, expanding Horizon’s APAC footprint. #Derivatives #TradingTech #MalaysiaMarkets

💸 Paxos will pay $26.5M to NYDFS over compliance failures tied to its 2018 $BUSD partnership with Binance. Paxos relied on Binance’s assurances to block U.S. users—without verifying controls. Issues now “remediated.” #Stablecoins #CryptoRegulation #BUSD

📊 SIX expands its use of Pico Corvil Analytics to monitor financial information operations—boosting real-time data quality, latency tracking, and anomaly detection across global market feeds. A key move in its market data growth push. #Fintech #MarketData #LatencyMonitoring

⚖️ HashFlare founders face up to 10 years in U.S. prison for a $577M crypto Ponzi scheme affecting 440,000+ investors. Defense seeks leniency, citing cooperation and $400M asset forfeiture. Verdict on Aug 14 may reshape global crypto fraud precedent. #CryptoCrime #Regulation #Justice

📈 Australia moves to boost capital markets with reforms enabling new listing venues, tokenized private markets via FCX, and potential CSE acquisition of NSX. ASIC also eyes dual listings & clearing competition to challenge ASX dominance. #capitalmarkets #Australia #ASIC

💼 HALO Invest launches FCA-approved Adviser Gateway to tackle the UK’s “advice gap.” The platform enables firms to serve lower-asset clients profitably with self-directed tools, automation, and full regulatory oversight. #WealthTech #FCA #FinancialAdvisers

📊 iSAM Securities unveils Parallax—a transparent risk share model giving brokers real-time insight into flow performance and earnings. Now with Radar integrated into DXtrade, $ brokers gain full-spectrum risk analytics without the heavy tech lift. #Fintech #Brokers #RiskManagement

📈 StoneX Group Inc. Q3 FY25 net operating revenue rose 4% to $488.3M despite $8.9M in acquisition costs. Institutional revenue jumped 23%, while self-directed FX/CFDs offset a commercial dip. R.J. O’Brien & Benchmark deals cement StoneX’s global derivatives leadership. #Fintech #Earnings #M&A

📊 Tradeweb reports $55T in July trading volume with ADV up 30.7% YoY. Rates derivatives surged to $785B ADV, EU credit +33.4%, and global repo hit $777B. Growth driven by electronic trading, geopolitical risk, and platform expansion via ICD. #FixedIncome #Trading #Markets