A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter.
The aim of Noble’s AppLayer is to let developers build new financial tools and apps with high throughput of stablecoins and reliable stablecoin infrastructure.
In a Tuesday filing, the company said it had reached a loan agreement with crypto exchange Coinbase allowing it to borrow money — using its bitcoin stockpile as collateral — to pay the settlement.
The deal expands Securitize Fund Services’ offerings and brings its assets under administration to over $38 billion across 715 funds, the company said.
The infrastructure provider underpins tokenized funds by BlackRock, Franklin Templeton and Republic facilitating stablecoin settlements across 22 blockchains.
Former Kraken executives led by Joseph Onorati took over the real estate-focused fintech company aiming to become the first U.S.-listed firm with treasury strategy centered on Solana.
