Stellar Development Foundation Invests in Archax to Boost Tokenization

The Stellar Development Foundation (SDF), the organization supporting the Stellar blockchain, invested in UK-based digital asset exchange and tokenization firm Archax as part of a broader partnership to boost tokenized real-world assets (RWAs), the firms said in a press release shared with CoinDesk. Archax has already started using Stellar, integrating the network into its in-house…

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NAKA Raises $200M, Sinks 11%

KindlyMD (NAKA), the Nasdaq-listed firm that’s recently merged with bitcoin treasury firm Nakamoto closed a $200 million convertible note offering late Friday. The convertible notes bear no interest in the first two year, then they carry a 6% annual rate starting in year three until maturity in 2028. The firm intends to use the funds…

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eToro and Emirati-founded Sahab School Partner to Advance Financial Skills in the UAE

Dubai, United Arab Emirates – August 18, 2025: eToro, the trading and investing platform, has entered into a strategic partnership with Sahab School, an Emirati-owned financial education institution based in Dubai, to integrate eToro as the official trading platform of the school’s academic curriculum through a Memorandum of Understanding (MoU).  Founded by Saif Yousif Al…

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China Merchants Bank Subsidiary Opens New Crypto Exchange in Hong Kong

In a significant move that underscores China’s growing interest in the cryptocurrency sector, China Merchants Bank International (CMBI) has partnered with Hex Trust, a fully licensed and insured provider of bank-grade custody for digital assets. This collaboration marks a notable development in the integration of traditional banking with the burgeoning field of digital finance, highlighting…

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