Lagos-based fintech startup, Daya, has raised $2.4 million in a pre-seed funding round to expand its stablecoin-powered cross-border payments platform, as investor interest grows in blockchain infrastructure for global commerce. The round was led by Hivemind Capital, with participation from Lattice, Alliance, Globelink Holding, and the Aptos Foundation. Founded in 2025 by former Circle executive Aleph Lasebikan and Paul Joe, Daya is building financial infrastructure that allows businesses to collect local payments, convert currencies using stablecoins, and settle globally through […]
Reviewed BitKE reporting on Payments matters for Cross-border payments and Stablecoin payments readers.
Asset management giant, Invesco, has filed with the U.S. Securities and Exchange Commission to launch a tokenized money market fund designed for the rapidly expanding stablecoin reserve market marking the firm’s latest push into on-chain finance as Wall Street intensifies efforts to capitalize on digital asset infrastructure. The proposed Invesco Stablecoin Reserves Onchain Fund would issue fund shares directly on public blockchains while investing in cash, short-term U.S. Treasuries and overnight repurchase agreements backed by Treasuries, the types of […]
Reviewed BitKE reporting on Payments and Tokenisation matters for Stablecoin payments readers.
Crypto custody and infrastructure provider, BitGo, has laid off nearly 15% of its workforce as the newly public company reallocates resources toward artificial intelligence, stablecoins, and institutional financial infrastructure, becoming the latest digital asset firm to cite AI as a driver of corporate restructuring. Chief Executive, Mike Belshe, described the cuts as a ‘one-time action,’ saying the company would focus investment on security, trading, settlement, stablecoins and AI-powered infrastructure as the digital asset industry evolves. Employees affected by the restructuring […]
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
Prediction market platform, Polymarket, has launched a TON-native decentralized application on Telegram allowing users to access and trade prediction markets directly within the messaging app using USDT on The Open Network (TON), the companies have announced. The integration marks Polymarket’s latest effort to expand beyond its traditional crypto-native user base and tap into Telegram’s nearly one billion users as competition intensifies among blockchain networks seeking mainstream consumer adoption. REGULATION | Why Indonesia Blocked Access to a Leading Prediction Markets […]
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
Stripe acquires crypto wallet infra provider, Privy June 11, 2025 https://cryptotvplus.com/2025/06/stripe-acquires-crypto-wallet-infra-provider-privy/ Stripe’s boldest move into crypto is acquiring the wallet infrastructure startup Privy. This acquisition positions the payments giant to blur the boundaries between fiat and digital money, thereby challenging the flow of value across the internet. Stripe is acquiring crypto wallet infrastructure startup Privy, a developer-focused crypto wallet provider, as it seeks to knit digital […] The post Stripe acquires crypto wallet infra provider, Privy appeared first on CryptoTvplus - The Leading Blockchain Media Firm .
Reviewed Cryptotvplus reporting on Payments matters for Stablecoin payments readers.