U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.
Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies.
Santander has issued a $20 million bond on ethereum, and paid fiat cash for it on the public blockchain as well.
Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.
Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.
Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos.
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
Bank of America is seeking to patent security tech for digital currency wallets that gives different users different levels of access to stored funds.
Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender.