BofA Upgrades Figure Technology to Neutral with $49 Target
BofA Securities has upgraded Figure Technology to Neutral, setting a $49 price target, as blockchain lending shows increasing momentum in financial services.
11 articles tagged with #financial services
BofA Securities has upgraded Figure Technology to Neutral, setting a $49 price target, as blockchain lending shows increasing momentum in financial services.
Visa is enhancing its blockchain services by launching a program to assist stablecoin-linked card issuers in securing loans, responding to rising demand.
MEXC's new initiative aims to break barriers in stock trading by offering 24/7 access and lower fees, reflecting a shift towards crypto exchanges for
SoFi's integration of Payward into its real-time settlement network aims to improve market efficiency and connect traditional banking with digital assets.
Ethena Pay introduces a 6% savings rate and 5% cashback on cards, leveraging Avalanche for transactions, enhancing stablecoin utility in banking.
Dunamu and Visa have formed a partnership to explore stablecoin payments and AI-driven financial services, though specific details remain undisclosed.
Financial services were the primary contributors to the rise in the July PCE price index, indicating inflationary pressures in the sector.
Nexo has introduced regulated crypto-backed loans in Australia, allowing users to access liquidity without selling their digital assets, following new
Kraken's parent company, Payward, introduces a multi-asset debit card for US customers, allowing them to spend crypto and fiat while earning cashback.
Citadel Securities has invested $400 million in Crypto.com, valuing the exchange at $20 billion and supporting its expansion into tokenized securities.
Binance is prioritizing payments and financial services over trading, as it seeks to evolve into a comprehensive crypto super app amid stablecoin growth.