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RedotPay US IPO delayed amid regulatory, legal hurdles: Report

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RedotPay’s US IPO has reportedly been delayed as it seeks regulatory approvals, while the company says it secured a US money transmitter license.

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Coin Market

Shinhan Asset Management partners with Plume on tokenized fund pilot

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Shinhan Asset Management and Plume will test a tokenized fund using a Korean won-denominated ultra-short-term bond fund as its underlying asset.

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Gemini posts $108M Q2 net loss despite 37% revenue growth

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Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped by two-thirds.

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Bitcoin Eyes New August Lows as Binance Longs Face a ‘Cleanout’

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Bitcoin futures open interest on Binance fell alongside BTC price as analysis published on CryptoQuant flagged mounting pressure on leveraged longs.

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