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Top GlobalFinTechSeries News

Tether Gold News: Prestige Wealth (PWM) Raises $150M to Become Treasury Vehicle

Department of the Treasury (USDT)

Tether Gold News: Prestige Wealth (PWM) Raises $150M to Become Treasury Vehicle

57% Left coverage: 7 sources

Prestige Wealth (PWM) said it has closed a $150 million financing round to launch a digital asset treasuryfocused on Tether Gold (XAUT), the gold-backed tokens of stablecoin giant Tether.The funding includes a $100 million private placement led by Antalpha (ANTA), a prominent bitcoin mining financing firm that and $50 million in senior debt, according to an announcement on Friday. Backers also include Tether and Kiara Capital.Most of that capita…See the Story

Bybit Snags UAE’s Virtual Asset Platform Operator License From Securities and Commodities Authority

Cryptocurrency · United Arab Emirates

Bybit Snags UAE’s Virtual Asset Platform Operator License From Securities and Commodities Authority

80% Center coverage: 5 sources

ByBit says it’s the first crypto exchange to get this nod from UAE’s Securities and Commodities Authority.See the Story

Citadel Boosts European Power Trading With Purchase of FlexPower

Germany · Germany

Citadel Boosts European Power Trading With Purchase of FlexPower

Coverage: 2 sources

Citadel agreed to buy German power-trading company FlexPower as the hedge fund giant extends its global reach in the booming natural gas and power markets.See the Story

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