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BitGo buys NYDIG’s derivatives desk for $42.5m, 84% in stock

BitGo's press release skipped the price. Its 8-K puts $42.5m upfront on NYDIG's derivatives desk, 84% of it in BTGO stock, plus $15m of revenue earn-outs.

RQD Clearing lands $74m Bain Capital growth investment

RQD* Clearing takes a $74m Bain Capital-led growth round while already clearing 2.43% of US equities, as DTCC tokenisation makes clearing firms the chokepoint.

Vanguard’s reported $4.6bn Altruist deal undoes its 2003 custody exit

Vanguard is buying Altruist for a reported $4.6bn, re-entering the RIA custody market it quietly sold off in 2003 - and it was already an Altruist investor.

FOREX.com joins weekend gold CFD wave as CME opens 24/7 hedge

FOREX.com's XAU/USD 7-Day launched a day before CME's gold futures went 24/7. Seven brokers now quote weekend gold CFDs, but the hedge book is still thin.

Fasset hits $1bn valuation on $68m Series C led by SBI Group

Fasset raised $68m at a $1bn valuation led by SBI Group, but its corridor count doubled while volume rose only 25% — a capacity story, not a growth story.

Cantor Fitzgerald opens a block desk for Kalshi event contracts

Cantor Fitzgerald is now introducing broker for institutional block trades in Kalshi event contracts, with Susquehanna Predictions pricing the other side.

Munich Re pays $575m for At-Bay, a book it already reinsures

Munich Re Group agreed on August 19, 2026 to acquire At-Bay, Inc. at an enterprise value of $575 million, and the decisive fact sits in a subordinate clause. Hartford Steam […]

Experian puts live credit scores in ChatGPT, model blind

Experian's upgraded ChatGPT app shows UK users their real 1250 credit score inside a widget the AI model never reads. Distribution, not data-sharing.

FIX Trading Community flags tokenisation data gaps to FCA and BoE

FIX Trading Community told the FCA and Bank of England that missing data standards, not technology, will slow tokenisation as retail brokers list tokens.

Rain launches agentic payments alliance, silent on liability

Rain launched the Agentic Payments Alliance on August 18 with 26 founding members including Visa and Mastercard - but its documents never mention liability.

TransFi builds JARVIS in-house to unify KYC and chain monitoring

TransFi's JARVIS folds KYC, sanctions and blockchain monitoring into one dashboard — but it is an in-house tool, not a RegTech product a broker can buy.

Cross River commits $400m to embedded finance after $50m raise

Cross River committed $400m to Figure and inKind in 10 weeks after a $50m equity raise, signalling US sponsor banks are re-leveraging into embedded finance.

Monk raises $25m to automate accounts receivable with AI

Monk has raised a $25m Series A co-led by Footwork and Acrew Capital to automate B2B accounts receivable with AI. Its first buyers are AI firms themselves.

Citi buys Kard to own a $10bn-a-month card rewards rail

Citi will acquire Kard Financial, taking a $10bn-a-month card-linked offers network in-house and draining supply from the independent commerce media rails.

Cleversoft buys FS Assist as RegTech consolidation accelerates

Cleversoft is buying UK regulatory reporting specialist FS Assist and its 350 insurer clients, a RegTech consolidation bet on mandatory filings over AI.

Venmo becomes a default payment method at merchants via Knot

Knot has extended its card-on-file rails to a native wallet, letting Venmo users set Venmo as their default payment method at the merchants they already use.

Yuno raises $45m Series B as orchestration adds stablecoin rails

Yuno's $45m Series B, led by Global PayTech Ventures, pushes payment orchestration into stablecoin settlement, payouts and KYB — and into rivals' turf.

Bank of America takes 26.5% of Jio Credit, 49.9% on warrants

Bank of America's ₹18,268 crore Jio Credit deal buys just 26.5% now. The rest is an 18-month warrant struck at the same ₹1,540.40 price, and it can lapse.

QRIS-China QR link is two-way, but runs 205-to-1 inbound

Indonesia's QRIS cross-border link with China settles both ways, but Bank Indonesia sandbox data shows 205 inbound payments for every outbound one.

Amex Ventures backs Fazeshift’s AI accounts receivable agents

Amex Ventures has taken an undisclosed stake in Fazeshift, the AI accounts receivable startup - a strategic bet on who controls the B2B invoice layer.

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