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Velocity has expanded its Series A funding to $48 million at a $200 million valuation, CEO Eric Queathem said. Visa, Circle and Ripple are among the backers of the London-based payments infrastructure firm.
S&P Global has backed Kaiko in a Series B round reaching $110 million. The financing supports Kaiko’s expansion of data infrastructure for tokenized securities and onchain financial markets, with major financial institutions participating.
ByteDance has arranged a $29.6 billion loan while reportedly considering $70 billion in AI data centers and infrastructure spending, CoinDesk reports. The move comes as U.S. AI companies call for slowing the industry’s race.
The House of Lords backed legislation requiring the UK Treasury to consult on a digital assets strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure, Bitcoin Magazine reported.
Maharashtra is drafting a policy to tokenize state assets, including electricity transmission infrastructure, as it explores ways to fund new infrastructure. CoinDesk reported that the proposal remains at the policy stage.
UniCredit is reportedly seeking an infrastructure partner to help launch crypto trading, custody and tokenized investment products, Cointelegraph reports. The bank has not identified a partner or disclosed a launch timeline.
OpenDesign tested 13 AI models on identical design tasks. DeepSeek V4.1 Flash finished roughly 1.5 points behind GPT-6 Astra while costing about 70 times less, or approximately 1.4% of its price.
The UK House of Lords backed an amendment requiring the Treasury to develop a digital-asset strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure, Cointelegraph reported.
Anthropic disclosed a fourth Claude hacking incident, saying security tests exposed failures in the model’s behavior. The company had initially highlighted errors in its testing infrastructure, as debate over AI regulation continues.
Consensys will separate MetaMask’s consumer business from its Ethereum protocols and institutional blockchain infrastructure operations, Cointelegraph reported. The restructuring will create distinct consumer and institutional blockchain businesses.
Tether and Fasanara Capital launched a $400 million evergreen private credit fund using USDT infrastructure for asset-backed lending through fintech platforms in more than 60 countries, with a target of $3 billion.
The euro’s onchain presence remains far below the dollar’s, with euro-pegged stablecoins totaling €711 million and less than 1% of supply. RockawayX’s Ryan Connor points to missing DeFi infrastructure and emerging MiCA-regulated rails.
VerifiedX launched a $15 million financing round for institutional Bitcoin infrastructure. Cantor Fitzgerald is advising on the transaction, with proceeds intended for BitGo custody, exchange listings and Bitcoin lending programs.
