Hex Trust, a leading provider of digital asset solutions for institutional finance and the Web3 ecosystem, announces a strategic partnership with Grass. This viral, new decentralized infrastructure network is building the first open internet-to-scale web crawl. Today, the network is powered by over 2 million users who are running nodes to scrape petabytes of web data for AI models. The partnership also cements Hex Trust’s position as a major service provider and custodian within the Solana and SPL ecosystem. 

Clear Street, a financial technology firm modernizing the global capital markets and brokerage ecosystem, today announced that Co-Founder and CEO Chris Pento will assume an executive and partner role at White Bay, the family office of Co-Founder Uriel Cohen, effective at year-end 2024.

Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative card program use cases.

Cogitate, a provider of cloud-native core policy, billing, and claim applications for insurers, is pleased to announce its partnership with One Inc, the leading digital payments network for the insurance industry.

American Express and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants.

Binance Kazakhstan has secured formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license – bringing our Kazakhstan entity one step closer to becoming the first fully regulated Digital Asset Trading Facility (DATF) in the country. This achievement is a testament to Binance’s commitment to maintaining the highest standards of trust, security, and regulatory compliance.

Flutterwave, Africa’s leading payments technology company, has announced the appointment of Mitesh Popat as the company’s Chief Financial Officer.

Investors continue supporting kompasbank’s growth journey, contributing an additional EUR 5.5 million to the digital business bank. This capital injection aims to accelerate the growth of the Danish bank’s lending portfolio and the expansion of its products and services to become a full-service bank.

Avaloq has successfully integrated its secure and scalable digital asset platform at one of Switzerland’s leading banks, Zürcher Kantonalbank (ZKB), in partnership with Fireblocks. The bank’s new offering addresses growing market demand for trading and custody of digital assets. Avaloq deployed its digital asset platform for Zürcher Kantonalbank on the cloud and manages it in a software as a service (SaaS) model.

SWIVEL™, a transaction enablement fintech that streamlines money movement, enhances user engagement, and mitigates risk in digital environments, announced that it is hosting an upcoming three-part webinar series exploring how SWIVEL’s Instant Payments solution in collaboration with FedNow®, the new instant payments service from The Federal Reserve, is helping to unlock and empower this rail both today and for the future.