Crypto Platform Exodus to Acquire W3C Corp and Subsidiaries Baanx, Monavate
Exodus Movement, Inc. (NYSE: EXOD), a self-custodial cryptocurrency platform, announced it has entered into a definitive agreement to acquire W3C Corp, the parent entity of Monavate Holdings Ltd. and its subsidiaries (collectively, Monavate) and Baanx.com Ltd.
Fintech Klarna to Launch US Dollar Stablecoin
Klarna (NYSE:KLAR), a European Fintech that operates in the US, is planning to launch a dollar-based stablecoin. Klarna, best known for credit and payments, said it would be issuing KlarnaUSD using Stripe’s stablecoin infrastructure, “Open Issuance,” which is powered by Bridge.
Bitso Reports Crypto Adoption Accelerating in Latin America
Latin America is having a “breakthrough” year in regard to crypto adoption. This is according to the Latam digital asset platform Bitso.