AGP Executive Report
Last update: 11 hours agoDigital Assets: BNY expanded its Ripple partnership to include XRP custody and explore tokenized trade finance. Circle and ACI Worldwide are testing USDC settlement in Colombia, though no live link to the country’s Bre-B payments network has been announced. Cross-Border Payments: Skydo won GIFT City approval to expand into multi-currency accounts and international settlement. Circle Ventures also backed African payments provider CrissCross; the investment value was not disclosed. Fintech Markets: SoFi shares surged 14% after third-quarter adjusted revenue rose 44% to $1.37 billion and membership grew 35%. But fintech funding fell to a two-year low in Q3, while India’s fintech IPO pipeline faces choppy markets and regulatory uncertainty. Markets and Financing: SK hynix’s record results lifted Asian tech stocks ahead of the Fed decision and Big Tech earnings. Separately, Reliance Jio shares jumped 21% on debut, valuing the Indian telecom and technology group at about $131.5 billion.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
