SkyAI Faces Pressure Over Sale of 70% of Its SOL
Bastion Trading is demanding a board overhaul and better tender terms, putting SkyAI’s Solana treasury disclosures and governance at the center of the dispute.
Market-moving crypto headlines from the last 24 hours.
Bastion Trading is demanding a board overhaul and better tender terms, putting SkyAI’s Solana treasury disclosures and governance at the center of the dispute.
The platform combines regulated money movement with Polygon’s infrastructure, and its first customers are already using it for payments, payroll and USD services.
The transaction combines faster settlement with overnight financing, putting tokenized Treasuries into a major institutional repo workflow.
The rollout starts in Europe, with U.S. expansion planned, extending RLUSD’s reach across institutional custody and trading infrastructure.
The Saldo Bank deal would give Payward a European banking license and let it offer deposits, loans, cards and euro payments, pending regulatory approval.
The acquisition adds licensed U.S. money movement to Polygon’s payments stack, while its unified platform remains in technical preview for select customers.
A hotter-than-expected inflation reading can complicate the outlook for interest rates and keep pressure on risk-sensitive markets.
Inflation accelerated year over year, reviving the prospect of multiple Fed hikes and putting December rate expectations back in focus.
The upside surprise complicates the case for near-term rate relief, putting inflation and Federal Reserve policy back in focus for risk assets.
The plan shifts Evernorth beyond outright accumulation toward earnings and more XRP per share, while its Nasdaq-listed stock has barely moved since trading began.
The authorization moves a 37-bank consortium closer to launch, but MiCA requirements, including a white paper, still stand between Qivalis and issuance.
The closure puts a firm deadline on miners, while Binance’s expansion into traditional-asset derivatives highlights its broader push beyond crypto markets.
Share issuance and rising preferred claims temper the impact of Strive’s larger Bitcoin treasury, while Strategy’s preferred-share buybacks show a different capital priority.
The bank is bringing access to Bitcoin and Ethereum into existing bank accounts for eligible UAE clients, linking digital-asset trading with traditional banking.
If adopted, the proposal could change the tax treatment of moving from crypto assets into stablecoins in France.
More than 80% of the platform’s volume is in S&P 500 options, highlighting demand for round-the-clock access to traditional markets through blockchain-based venues.
If regulators approve the deal, Payward would gain an EU banking licence platform for lending and card services, connecting customer cash, crypto and tokenized stocks.
The service folds trading, custody and settlement into the bank’s existing accounts, but access is initially limited to eligible Professional Investors.
The move puts a major brokerage into a market with 43.7 million ETH staked, while undisclosed fees and withdrawal delays leave key costs and liquidity terms unresolved.
The proposal could steer traders toward less transparent alternatives, while separate plans would require disclosure of large self-hosted wallets and extend tax rules to crypto holdings.