Bitget in Talks with BlackRock and Wall Street Firms for Asian ETF Distribution

Standard Chartered Launches Institutional Spot Crypto Trading on Dubai FX Platform

Standard Chartered has introduced spot cryptocurrency trading for institutional clients through its Dubai-based foreign exchange platform. The service covers Bitcoin and Ethereum, making them accessible via the same electronic FX infrastructure used for traditional currency pairs like the US dollar and euro. The move marks a significant step in integrating digital assets into mainstream institutional trading workflows in the region. By leveraging existing eFX rails, the bank aims to offer a familiar and efficient trading experience for institutional participants entering the crypto market.

Crypto for Advisors: Why crypto earnings reports can be misleading

Memecoin App Pons Tops Crypto Fee Charts, Surpassing Pump and Hyperliquid

Pons, a memecoin creation and trading application, generated nearly $6 million in user fees within a single day. This figure surpassed fees collected by well-known platforms including Pump.fun and Hyperliquid during the same period. Notably, Pons also outearned Robinhood Chain itself in fees, despite the surge in activity on that network. The milestone highlights growing retail appetite for memecoin tools amid a broader spike in on-chain trading volumes.

Kraken Partners With SoFi to Bridge Crypto and Traditional Banking

Cryptocurrency exchange Kraken and digital personal finance company SoFi have announced a new partnership linking their respective platforms. As part of the deal, Kraken will join SoFi's settlement network, deepening ties between the two firms. SoFi's stablecoin, SoFiUSD, will also be listed on the Kraken platform as part of the arrangement. The collaboration reflects a broader trend of crypto exchanges and traditional financial institutions moving into each other's territory.