FLOW CAPITAL LAUNCHES $150M CREDIT FUND ON BLOCKCHAIN
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Flow Capital Partners will offer its $150 million private credit fund on a Singapore-based blockchain platform by month end, becoming one of the first Asian managers to leverage stablecoin liquidity for institutional credit.
■ MORE FROM THE CRYPTO DESK
Visa has unveiled a new platform enabling financial institutions to issue, move, and manage stablecoins. The expansion marks the payments company's latest step into cryptocurrency infrastructure.
Miami-based Cyclops secured $20M in Series A funding for its infrastructure platform that integrates crypto and stablecoin services into payment systems. The platform addresses a growing gap between stablecoin settlement capabilities and payment provider adoption.
Christopher Giancarlo, former Commodity Futures Trading Commission chair, says current prediction market regulations require refinement. Giancarlo, now joining Jefferies as senior adviser for investment banking, discussed the regulatory landscape during a Bloomberg Crypto appearance.
The SEC has postponed a plan that would have granted broad exemptions allowing US crypto firms to trade tokenized versions of stocks. The delay affects a significant expansion of crypto assets linked to traditional equities.