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Exodus to cut 25% of staff in company reorganization

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The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform.

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Coin Market

IBM opens beta Swift ledger link for 24/7 tokenized deposits

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IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes.

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Coin Market

Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand

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Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships.

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Era of pure crypto exchanges is ending, Bybit CEO says

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Bybit’s global campaign positions it as a broader financial platform, though its stock, gold and forex derivatives were already available.

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