IG to Acquire Independent Reserve to Boost Asia‑Pacific Crypto Expansion

UK-headquartered IG Group said it has agreed to acquire Australian crypto exchange Independent Reserve for an initial enterprise value of $117.4 million (A$178 million), accelerating IG’s push into Asia‑Pacific crypto markets and adding a crypto‑native team to the group. IG said the bolt‑on deal complements its recent organic rollouts in the UK and US—where it … Read more

Vitalik Buterin: Low‑Risk DeFi Could Be Ethereum’s “Search” Moment

Ethereum co-founder Vitalik Buterin argued in a blog post Sept. 21, 2025, that “low‑risk” decentralized finance (DeFi) could become for Ethereum what search was for Google, providing the primary, sustainable revenue engine while preserving the platform’s broader cultural and technical goals. Buterin defines low‑risk DeFi as payment and savings primitives, fully collateralized lending, and synthetic … Read more

Mavryk Secures $10M From Multibank to Power $10B UAE Real Estate Tokenization

Mavryk Network closed a $10 million strategic investment led by Multibank Group, the companies announced, marking an institutional endorsement of the Layer‑1 blockchain built for regulated real‑world asset (RWA) markets. Multibank — a derivatives institution with $35 billion in daily trading volume and operations across 100 countries — will expand an existing partnership to tokenize … Read more

Bitgo Secures German Approval to Launch European Regulated Crypto Trading Services From Frankfurt

Bitgo Europe GmbH received BaFin approval to extend its license, allowing it to offer regulated crypto trading services from Frankfurt, Germany. European institutional investors can now access Bitgo’s crypto OTC trading desk and electronic trading platform for spot trading across thousands of digital assets and stablecoins. The platform aggregates liquidity from dozens of sources, including … Read more

BMW Converts BAYC NFT Into Real‑World 1/1 Apecar, Hands Vehicle to Collector at IAA Munich

BMW handed over the one‑off “Apecar 1/1” to collector Dennis Weidner during IAA Mobility at BMW Welt in Munich on Sept. 12, 2025, transforming a Bored Ape Yacht Club (BAYC) non‑fungible token (NFT) from the Otherside metaverse into a physical, bespoke vehicle. The Apecar — created originally as a digital artwork by Yuga Labs — … Read more

Grove Anchors $50M Tokenization of Apollo Diversified Credit Fund (ACRDX) on Plume

Grove deployed $50 million as an anchor investor in the newly launched Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX), a feeder vehicle providing tokenized access to Apollo’s diversified global credit strategy, the partners announced. Built with Centrifuge’s tokenization infrastructure and launched on Plume’s real‑world asset (RWA) blockchain, ACRDX will be available on Plume’s Nest Credit … Read more

Crypto Finance and Bridgeport Launch Anchornote for Off‑Exchange, Custody‑Native Settlement

Crypto Finance, part of Deutsche Börse Group, launched Anchornote, a custody‑native pledging solution that enables off‑exchange settlement and yield‑enhancing services by acting as collateral custodian, the firm announced. Anchornote uses Bridgeport as middleware to coordinate messaging and connect to multiple trading venues simultaneously, allowing institutional clients to trade across platforms without moving assets out of … Read more

Global Crypto Market‑Maker Keyrock Acquires Turing Capital to Launch Asset & Wealth Management Division

Keyrock announced the launch of a dedicated Asset & Wealth Management division following its acquisition of Luxembourg‑registered alternative investment fund manager Turing Capital, the firm said. The move brings Turing’s systematic, onchain and risk‑focused investment strategies and fund management structure into Keyrock’s global crypto investment platform, expanding services for institutional clients and private investors beyond … Read more

Etoro Now Authorized Under MiCA to Offer Crypto Services in Germany

Etoro Europe Ltd. (Etoro EU) is now authorized under the European Union’s Markets in Crypto-Assets Regulation (MiCA) to offer cryptoasset services in Germany, the company announced, and has updated its Terms & Conditions for German residents. Beginning around Oct. 30, 2025, crypto trading services will be provided directly by Etoro EU—users must accept the revised … Read more

LSEG and Microsoft Develop DMI for Private Funds, Enabling Tokenization and Facilitating First Transaction

The London Stock Exchange Group (LSEG) launched its Digital Markets Infrastructure (DMI) platform for private funds, powered by Microsoft Azure, and facilitated its first transaction, the firm announced. DMI uses blockchain technology to support the full asset lifecycle—issuance, tokenization, distribution, post‑trade settlement and servicing—while aiming for interoperability with existing DLT solutions and traditional finance and … Read more