RQD* Clearing Raises $74M in Bain Capital-Led Round to Build Tokenization Infrastructure

·44 views

U.S. clearing and custody firm RQD* has secured $74 million in a funding round led by Bain Capital. The capital raise signals growing institutional interest in preparing financial infrastructure for tokenized markets. RQD* intends to use the funds to expand its digital asset capabilities and tokenization services. The investment reflects broader efforts by Wall Street to modernize clearing and custody operations ahead of anticipated growth in blockchain-based financial instruments.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

White House crypto policy post left vacant after adviser Patrick Witt's exit

Patrick Witt, President Donald Trump's crypto adviser, has departed the White House. His exit leaves the digital assets office without a leader. It is currently unclear how the administration will pursue its cryptocurrency policy goals. The vacancy places the future direction of federal crypto policy in question.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Crypto for Advisors: Wall Street is done waiting on Congress for crypto rules

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Brooklyn prosecutors and FBI dismantle crypto fraud ring targeting Russian speakers

Brooklyn prosecutors and the FBI have taken down a large cryptocurrency fraud network that focused on Russian-speaking victims. According to the allegations, the operation drew people in through Russian-language Facebook advertisements and posed as financial advisers. The scheme is said to have stolen tens of millions of dollars from its targets. Victims were then approached a second time with false offers to recover their lost funds.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Ledger plans to turn its crypto hardware wallet into a smartphone

Crypto hardware wallet maker Ledger has unveiled a plan to transform its device into a smartphone. The device, called Atom, is designed to run everyday apps such as WhatsApp and Instagram. Users will be able to switch between standard smartphone functions and a secured mode dedicated to managing digital assets. The move comes as the company faces pressure in the market.

0 comments Read more at CoinDesk