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Ripple Labs Acquires Blockchain Infrastructure Firm Fortress Trust

Ripple Labs Acquires Blockchain Infrastructure Firm Fortress Trust

Crypto-based payments platform Ripple Labs is acquiring blockchain infrastructure firm Fortress Trust, the second major purchase for the company this year. In a new company blog post, Ripple announces its addition of Web3 firm Fortress Trust to handle its infrastructure and regulatory compliance needs. “Through its technology and licensing, Fortress Trust provides critical infrastructure to […]

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JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets AcceleratesSeveral major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion. Citi, Wells Fargo, BNY Mellon Participate in $105M Funding Round for Digital Asset Tech […]

JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report